The San Felipe Stakes is an American Thoroughbred horse race run annually at Santa Anita Park in Arcadia, California. The San Felipe is a Grade II event open to three-year-old horses. Normally held in mid-March, it is raced at a distance of one and one-sixteenth miles (8 1⁄2 furlongs) on dirt and currently offers a purse of $400,000. It is listed as an official prep race for the Kentucky Derby.