"2-Year-Old Races" refer to horse racing events specifically for horses that are two years old. These races are important in the horse racing industry as they showcase young talent and help determine which horses may become future stars. The races often take place in the spring and summer, allowing trainers to evaluate their horses' speed and potential. In these races, horses compete at various distances, typically ranging from five furlongs to a mile. The performances of the horses can influence their future training and racing careers, as well as their value in the breeding market. Successful horses may go on to compete in prestigious events like the {Kentucky Derby}.