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Prior to the 1970s, only the owners of the first four finishers in a horse race in the United States typically received any money at all. In Thoroughbred racing, it was common for 65% of the race's purse was awarded to the winner, with the second, third and fourth horses earning 20%, 10% and 5% respectively.
Horse must have earned at least $5,000,000 (AUD) in total career prizemoney according to Racing Australia. [ 1 ] Horse must have earned at least $2,500,000 (AUD) in total career prizemoney in Australian and/or New Zealand races.
The following horses have earned over $10 million in prize money. Most of them raced (at least in part) in Japan, Hong Kong, Australia and/or Dubai due to large purse sizes. [485] Where applicable, the conversion to US$ was made at the time the horse raced so does not reflect current exchange rates.
The race is notable for its 20 million dollar purse, [3] which makes it the most lucrative event in horse racing. [4]The race is held four weeks after the $3 million Pegasus World Cup at Gulfstream Park, Florida, and four weeks before the $12 million Dubai World Cup at Meydan Racecourse, Dubai, making it possible for horses in those races to compete.
Star Kingdom bloodlines can still be found in many of today's winners. [2] In 1986 it became the first race in New South Wales to have A$1 million in prize money. [3] From 2009 to 2014 the race was held on the first Saturday in April. In 2008 it was held in mid-April - four weeks after Easter in March.
Now, the prize for the Arc is worth €5 000 000 which makes it the richest flat race on turf. [5] Arc Weekend now includes seven races classed at Group 1 level, and four with Group 2 status. It also features the Arabian World Cup , the world's richest race for purebred Arabian horses with €1 000 000 prize-money.
The Everest is an Australian Turf Club Group 1 Weight for Age Thoroughbred horse race run over 1,200 metres on turf at Randwick Racecourse in Sydney, Australia. Between 2017 and 2023 the race was classified as Special Conditions class. In 2024 the race was elevated to Group 1 status. [2] [3]
The Adelaide Cup is a South Australian Jockey Club Group 2 Thoroughbred handicap horse race for three-year-olds and older, run over 3,200 metres at Morphettville Racecourse in Adelaide, Australia on the second Monday in March. Total prize money for the race is A$302,250.