
The Derby, which takes place in June, had been title sponsored by Vodafone for 13 years until the telecoms giant pulled out in 2007 - only to agree a last minute for a one-year extension last summer.
However, the economic downturn has hindered the search for a partner for the two-day event with organiser now electing to secure a sponsor for the race itself.
The Derby festival has only had one other sponsor, Ever Ready. Prior to this year's event, Epsom will open its new grandstand in April.