This was run on Thursday 5th June 1794 and 4 ran from an initial list of 49 subscribers. The winner won £1,391 5s, the equivalent of £1,620,000 today. The winner was bred by the 1st Earl Grosvenor and trained by John Pratt.

THE DERBY 1794

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Pos. Horse Jockey Owner
1 DAEDALUS Frank Buckle 1st Earl Grosvenor
2 RAGGED JACK ----- Lord Egremont
3 LEON ----- Duke of Bedford
4 DRONE ----- 1st Earl Grosvenor
4/6 Leon
2/1 Ragged Jack
6/1 Daedalus
10/1 Drone
  Over-round 116%