LOUISVILLE, Ky. (WDRB) -- On Tuesday, Churchill Downs released the official logos for Kentucky Derby and Kentucky Oaks 142.

According to a news release, the logos were were created by SME, a New York based agency.

The company has created the official Derby and Oaks logos since 2007.

The 142nd running of the Kentucky Oaks and the Kentucky Derby is set to happen May 6 and 7, 2016.

The logos will be displayed on a wide variety of merchandise including glassware, jewelry and other collectibles.

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