The most expensive horse races in the world
Since ancient times, horse racing has been a popular pastime among aristocrats and the rich. The scale of money turnover in this sphere is sometimes astounding: it concerns both the entry fees for participation in some competitions and the prize fund. Here we present to your attention the most expensive horse races in the world.
Pegasus World Cup
The title of the most expensive horse race in the world since 2017 belongs to the Pegasus World Cup, which is the epitome of American extravagance. The total length of the track is 9 furlongs (British and American unit of distance measurement), which corresponds to 1.8 km. The race takes place at a racetrack called Gulfstream Park, Florida. Only very experienced horses at least four years old are allowed to participate.
In 2018, the prize money was $16 million, seven of which went to the owner of the winner of the competition, a thoroughbred riding horse named Gun Runner. A total of 12 horses raced, and the entry fee for one spot in the race was $1 million.
The 2019 Pegasus World Cup will be held Jan. 26, with the prize pool remaining the same, but now split between the standard Pegasus World Cup Invitational and the new Pegasus World Cup Turf Invitational. The former accounts for 9 million, with 4 million going to the winner. The new race, a 1.9-kilometer grass course, will receive the remaining $7 million, and the owner will receive $3 million for the first horse. The entry fee will be $500,000, but if one horse wins both events, its owner will get $1 million back.
Dubai World Cup
With the previous record-breaking Pegasus World Cup essentially split into two separate events, The Dubai World Cup could reclaim its status as the most expensive horse race. The event has been held annually since 1996 at the Meydan Racecourse in the UAE. The next race will be held in March 2019, with a prize pool of $12 million, and the winner will take home an incredible $7.2 million.
Thunder Snow won in 2018, setting a new record for a race on a dirt track in the process. She was trained at Godolphin stable, the personal stable of UAE emir Mohammed bin Rashid Al Maktoum, and this victory is her seventh. The track is 10 furlongs or 2 kilometers long and is open to horses over four years old from the Northern Hemisphere and over three from the Southern Hemisphere. Bitcoin betting is actively practiced in these races. You can read about Bitcoin Horse Race Betting Guide
Australia’s most luxurious grass-covered race, The Everest, is a 1.2 km course at the Royal Randwick racetrack in Sydney, which attracts the best racehorses from around the world. The Everest has only been around for two years, but that’s long enough for the event to surpass the previous record holder and Australia’s most expensive race, the Melbourne Cup. In both 2017 and 2018, the winner was the Australian thoroughbred Redzel.
The entry fee for one of the twelve places in the race is $600,000, but such a contribution will more than return to the owner – in 2018, the winner received $4.5 million. In 2019, the race will be held on October 12, the prize fund is planned to increase to 14 million, and in another year to 15.
Breeders’ Cup Classic.
Another event in the U.S., but this time in the sprint category – the Breeders’ Cup Classic has been held in a new location every time since 1984, in all those years the only time the race was outside the United States in Ontario, Canada in 1996. Only thoroughbreds over the age of three are allowed to participate, and the winner receives half of the $6 million prize pool.
The Breeders’ Cup Classic is tacitly considered the fourth leg of the Triple Crown, a set of the most prestigious thoroughbred horse races. In 2018, a horse named Accelerate was the first to complete the 2k distance, and the next event will take place on Nov. 2, 2019.
Prix de l’Arc de Triomphe
The entire elite of the world of horse racing in Europe gather once a year at the continent’s richest race, the Prix de l’Arc de Triomphe. Horses must cover 2.4 kilometers, and the owner of the fastest and toughest of them will receive $3.2 million of the $5.6 million prize pool. l’Arc has been held at the Longchamp racetrack in Paris for 150 years, with the exception of 2016 and 2017, when the racetrack underwent a renovation – then the race was hosted by the famous Chantilly residence racetrack, which is near Paris.
In 2018, a horse named Enable, driven by legendary jockey Frankie Dettori – the Italian holds the record for the most races won. This victory was his sixth, but he plans to repeat his success next year on October 6.
The Japan Cup is Japan’s most expensive horse race held annually at the Tokyo Hippodrome and features thoroughbreds over the age of three. The event is by invitation only, with 18 horses competing over a distance of 2.4 kilometers for a prize pool of $5.8 million. You can also read about Horse Racing Betting in our blog
The race has been held in Tokyo since 1981, and since 2008 the championship has been won – both by horses and owners exclusively of Japanese origin, the current champion being a Japanese thoroughbred named Almond Eye. The next Japan Cup Championship will be held on November 24, 2019.