LEXINGTON, Ky. (LEX 18) – We’re only a week away from the 147th round of the Kentucky Derby.

A new charity event called “After the Race” was launched on Saturday to help raise awareness of what happens to racehorses when the festivities are over.

The fundraiser will help find a home for horses forever.

There was a silent auction, competitions, special guest appearances and new jockey signings

“Kentucky, you know the thoroughbreds, but sometimes people have forgotten the smaller ones. You know, the fair walking horses, the casual horses that you know every day and who need to find a home just like the thoroughbreds,” said Meghan Adelman of Kentucky Equine Adoption Center.

The Kentucky Equine Adoption Center, Old Friends Farm, and the Permanent Disabled Jockey Fund will share the money raised at Saturday’s event.