The weather outlook for the upcoming Kentucky Derby Festival, with rain chances increasing closer to the weekend. The weather outlook is expected to change as temperatures rise to the mid-week, with temperatures expected to remain mild and dry, but rain chances are expected to increase as the weekend progresses. Hot air balloons require specific conditions to fly in order to participate in these events. The potential for strong winds could impact some of these events, which could potentially impact the performance of the Balloon Glow Glow on Thursday evening and Friday morning races. The forecast is also expected to be dry and windy for the Kentucky Derby Derby, but it is predicted that rain could increase as we get closer to this weekend. There are also concerns about potential impacts on some hot air balloon events.