George VI's first derby as King

The video discusses the Coronation Derby, a historic event known for its rich traditions and betting culture. It highlights the Derby's origins in 1780 at Epsom Downs and the involvement of the royal family, marking King George's first Derby as monarch.

What historical event related to the Derby is mentioned in the text, including the year it took place?

What role does the royal family play in the context of the Derby as per the text?