Question: What is the Grade that has Turf 1600m?
SQL: SELECT "Grade" FROM "2-12347040-1" WHERE "Priority-entry-rights to Derby" = 'Turf 1600m';

Question: What is the Priority-entry-rights to Derby in rank 4?
SQL: SELECT "Priority-entry-rights to Derby" FROM "2-12347040-1" WHERE "!Race name" = 4.0;