The name includes an old spelling of Coconut, Cocos nucifera, which was used in the popular Marx Brothers movie The Cocoanuts of 1929.
Another highlight is when the cast, already dressed in traditional Spanish garb for a theme party, erupts into an operatic treatment about a lost shirt to music from Carmen.
In February 1947, five-year-old Pot O'Luck won the Cocoanuts Purse at Hialeah Park Race Track and in April earned his second win of the Ben Ali Stakes at Keenland Race Course.