Rosie Napravnik rode into the history books after she and Believe You Can prevailed over a game Believe You Can and John Velazquez at the wire of the 2012 Grade 1 Kentucky Oaks. As a result of her victory, Napravnik became the first female jockey to win the Kentucky Oaks in the 138 year history of the race. Broadway's Alibi held on for second, while morning line and post time favorite Grace Hall could only muster a 3rd place finish.
Javier Castellano, rider of morning line and post time favorite Grace Hall, was thrown from his mount in the G2-American Turf when his foot slipped out of the iron as the field rounded the far turn. He came back to ride in the Oaks after the fall.
Below are the payouts, fractions and internal splits for the 2012 Kentucky Oaks.
| Horse | Win | Place | Show | |
| 9-Believe You Can | $29.60 | $11.80 | $6.40 | |
| 6-Broadway's Alibi | $6.00 | $4.20 | ||
| 2-Grace Hall | $3.20 | |||
| $2.00 | Exacta | $173.00 | ||
| $0.50 | Trifecta | $146.80 | ||
| $1.00 | Superfecta | $1,872.70 | ||
| $1.00 | Double | $135.50 | ||
| $0.50 | Pick 3 | $402.25 | ||
| $0.50 | Pick 4 | $774.10 | ||
| $0.50 | Pick 5 | $1,595.70 | ||
| $2.00 | Pick 6 | $874.20 | 5-of-6; $268,897.47 Carryover | |
| Fractions | ||||
| 1/4: | 23.12 | |||
| 1/2: | 47.47 | |||
| 3/4: | 71.88 | |||
| Mile: | 96.33 | |||
| Final: | 109.50 | |||
| Internal Splits | ||||
| 1/4: | 23.12 | |||
| 1/2: | 24.35 | |||
| 3/4: | 24.41 | |||
| Mile: | 24.45 | |||
| Final: | 13.17 | |||
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