The Jim Dandy Stakes is an American Thoroughbred horse race. The Grade II race has been held annually since 1964 at Saratoga Race Course in Saratoga Springs, New York. The race is open to horses age three, willing to race one and one-eighth miles on the dirt. It carries a purse of $500,000. Prior to 1971, the race was 1 mile in length. For 1971 only, the distance was decreased to 7 furlongs.
The Jim Dandy Stakes is run on the first Saturday of the late July Saratoga racing season and is named in honor of the 3-year-old colt, Jim Dandy, who won the 1930 Travers Stakes beating Triple Crown winner, Gallant Fox. Jim Dandy went off at odds of 100 to 1; an upset for the ages. The Jim Dandy will be run for the 48th time in 2011.