Kentucky Derby Pie is a traditional dessert served at (and around) the time of the Kentucky Derby. These cupcakes emulate that, down to the bourbon in the batter. The rest of the batter consists of flour, walnuts, chocolate chips, buttermilk, sugar, and many other ingredients. The frosting is a vanilla cream with bourbon added, and the glaze that goes on top of the frosting is a butter bourbon glaze. A few chopped walnuts and mini chocolate chips can be added as tasty decorations as well.
Source Brown Eyed Baker