Just one day remains until the 138th running of the Kentucky Derby, but Churchhill Downs is already buzzing.

Today a field of 14 will break the gates for the Kentucky Oaks with Grace Hall as the frontrunner to win, according to Bovada’s Kentucky Oaks Futures at 5/2.

Alibi and On Fire Baby aren’t far behind on Bovada, sharing 4/1 odds.

Grace Hall trainer Tony Dutrow is beaming after a monster win in the Gulfstream Park Oaks (Gr II). The horse won by 6 1/2 lengths in that race and also won the Spinaway (Gr. I) last summer. In her only appearance at Churchhill Downs, Grace Hall came in second in the Grey Goose Breeders’ Cup Juvenile Phillies (Gr. I).

“Class (makes her stand out),” said Dutrow on Bloodhorse. “In her last race, she walked on the court like Michael Jordan did.

“When you look at her numbers, you’re not going to see a sensational fast horse, but she runs against the best there is and she’s always a handful to compete with.”

The filly has never finished worse than second in any of her six career races, and will come out of the 2 position Friday, mounted by Javier Castellano.

On Fire Baby is the local favorite, though, after winning twice at Churchhill Downs, taking the Pocahonas (Gr. II) and Golden Rod (Gr. II) just a few months ago. She won her last start in the Honeybee (Gr. III) at Oaklawn Park.

On Fire Baby is coming out of the first position.

“Me and (jockey) Joe (Johnson) met her when she was coming off the van (as a 2-year-old) and from that day on, she was something special,” said trainer Gary Hartlage. “From the first time we took her to the racetrack, she was just so professional and athletic.”

Same story for Broadway’s Alibi, who blew out the competition at Forward Gal (Gr. II) by 16 3/4 lengths this year. Alibi has never raced over a mile, but she’s got a storied trainer in Todd Pletcher, who has had two winners in Ashado (2004) and Rags to Riches (2007).

“There is a lot of speed (in the Oaks) and I think we’ll be a part of that,” said Pletcher. “Our filly is very forward and she’s a good gate horse. I think she’ll be very close on the first turn, if not on the lead.

“(The distance) is the question,” added Pletcher. “Everything that she’s done so far—stretching out from six, to seven, to a mile—she keeps going and going and going. The way she trains she gave us every indications that she needs to be in here trying it.”