Horse races mean big money. Be it the wagers placed by racegoers or the purses won by the horses and jockeys, horse racing is where you’d find the elite and fashionable crowd of actors, politicians, and businessmen/women networking over cocktails and canapes. By Payal Das
Pegasus World Cup
Picture Courtesy: Sun Sentinel
Last year, the Pegasus World Cup became the world’s richest horse race. The race is the discovery of Frank Stronach, owner of Gulfstream Park in Florida. The race track is over 1 mile and 2 furlongs. The owners’ entry to the race is $1 million while the inaugural event takes about $12 million. If you win, the prize money is $16 million!
The Dubai World Cup
Picture Courtesy: Dubai Racing Club
The Dubai World Cup is hosted by The United Arab Emirates every year. This race has a unique way of selecting horses. They choose the most exclusive 4-year-old and older racehorses only in the Northern Hemisphere with a smattering of 3-year-old and Older talent from the Southern Hemisphere. It is a 2000-meter race with an award money of $10 million!
Picture Courtesy: Just Horse Racing
The Group 1 Everest is not only the third richest horse race in the world but also the richest one in Australia. Its prize money worth $10 million is drawn from the entry fees. For each of the 12 slots in the race, an entry fee of $6,00,000 is paid. An unusual feature of this race is that the fee is not directly paid for a particular horse but instead each slot can be sold to by the buyer to other trainers or owners.
The Breeders’ Cup
Picture Courtesy: The San Diego Union Tribune
This race usually runs over a distance of 1.5 miles by an assortment of the best 3-year-old and above thoroughbred races on the planet. The prize money is worth $6 million on attempt for the second biggest race at The Breeders’ Cup meeting.
Prix de L’Arc de Triomphe
Picture Courtesy: Wikimedia Commons
This particular horse race is the first ever turf race to feature in the list of the world’s richest horse races. The Prix de L’Arc de Triomphe is a race of 2,400 metres, bringing one of the most magnificent thoroughbred talent specially from the United Kingdom, Ireland and continental Europe. It accolades horses that place generously with a purse of around $5.5 million which is then shared between the top five finishers.
Picture Courtesy: The Japanese Times
This Japanese Derby is also known as the Tokyo Yushun. It is also the second richest turf race in the world. The race covers a distance of 2 miles 4 furlongs. What makes the Japanese Derby unique is that it does not allow participation of non-Japanese horses with only a limited number of foreign-bred horses permitted to contend in the race. The prize money of this race is valued at $5.2 million.