The race was originally scheduled to run on 2 May.
The change of dates is pending approval from the Kentucky Horse Racing Commission.
Bill Carstanjen, CEO of Churchill Downs Incorporated, said: “Throughout the rapid development of the COVID-19 pandemic, our first priority has been how to best protect the safety and health of our guests, team members and community. As the situation evolved, we reached the difficult conclusion that we needed to reschedule. At no point did we ever consider canceling the Kentucky Derby.”
The Triple Crown’s other two races, the Preakness and the Belmont Stakes, are also in the works of being rescheduled according to Carstanjen.
Horseracing is one of the last sports still running in the US.
The New York Racing Association announced it will continue to hold live racing at Aqueduct Racetrack without fans.
Tampa Bay Downs, Fair Grounds, Santa Anita and Golden Gate Fields are among the tracks still offering races.
Other tracks have suspended racing including Penn National and Fonner Park.