Foolish Pleasure (March 23, 1972 – November 17, 1994) was an American bay Thoroughbred race horse who won the 1975 Kentucky Derby.

He was owned by John L. Greer and trained by LeRoy Jolley, who had previously been partners in the colt Ridan.

His dam, Fool-Me-Not, was descended from the British broodmare Becti (foaled 1929), who was the female-line ancestor of many major winners including Mrs McArdy, Borgia, and Boreal.

Ridden by Jacinto Vásquez, he raced well off the pace on the inside before making a forward move approaching the final turn.

He was purchased by Ron Vanderhoef in September 1993 and moved to Horseshoe Ranch in Dayton, Wyoming, where he remained until he died from a gastric rupture on November 17, 1994.