The first floor grandstand seating is an all reserved bleacher or bench style seat, similar to what you might find at a football stadium for example. These seats would be a good choice for budget-conscious purchases. The main difference in pricing is reflected in the proximity to the finish line. This is among the most modestly priced area at Churchill Downs for reserved seats for Derby and Oaks. Section 126 is great for watching the start of the races and offers a view of the stretch.