[JolyB]

Thank you for the information Ruffian. I tried to do some additional research to figure out why a racetrack in Louisville would name a race after it. Turns out the reason is local. Shively is a town that is part of metropolitan Louisville, located about a mile of two from CD. It has had strong ties to the bourbon industry, and is still the site of the Brown Forman distillery [they make Early Times and Old Forester]. It has had a colorful past. The following from the town's history explains the nickname:

"Eight whiskey distilleries opened nearby after the end of Prohibition. When Louisville began an attempt to annex and tax them during the Great Depression, they talked the residents of Shively into incorporating separately (finalized May 23, 1938) and annexing their district instead. Their $20-million revenue stream left the small city well funded, despite its becoming the state’s fastest-growing city during the 1950s as white flight and suburbanization reached Louisville.

Increased taxes and changing tastes closed most of Shively’s distilleries in the late 1960s. Shively’s population has gradually declined since reaching 19,223 in 1970. Budget surpluses became shortfalls, and Shively tried but failed to annex more suburban territory in Pleasure Ridge Park in 1984. The same year, the town was hit with a scandal when police chief Michael Donio admitted to taking bribes to allow prostitution in the area. Such events led to the community’s reputation as “Lively Shively” (as the name of the town is pronounced with a “long i”, this is a rhyme)."

And that's today's trivia.