The world of horse racing is a lucrative field, but Saudi Arabia have got the whole racing world talking after they announced that the Saudi Cup would be worth $20 million in 2020.
The race is due to take place on the 29th February and will overtake the Dubai World Cup as the most lucrative prize pot in the world of racing. This decision has been welcome throughout the horse racing world, with Frankie Dettori claiming that he is looking forward to race day. Meanwhile, the race itself is expected to be an instant classic, and punters are expected to bet on the star-studded field with this online sportsbook.
The Saudi Cup was previously the most expensive race when it set a prize pot of $16 million in 2018 before the Dubai World Cup took over this record in 2019. However, the honor will once again return to the free to enter Saudi Cup.
The race will see a maximum of 14 horses take to the dirt, with the winner claiming $10 million and the runner-up pocketing $3.5 million. The remainder of the money will be divided between the rest of the field, which means there are high stakes for all at the King Abdulaziz Racetrack in February.
The decision to stage the race in February ensures that the Saudi Cup fits perfectly into a lucrative calendar in between the Pegasus World Cup and the Dubai World Cup. The data enables all three races to be entered by the same horses and it completes a perfect hat-trick.
How Does It Compare?
Australia proudly boasts the richest race on turf, as it brings together the top sprinters in the world to Royal Randwick. This race has only been around for two years, but it has already surpassed the Melbourne Cup at the country’s most valuable race.
The race costs $600,000 for entry, with the winning runner banking up to $4.5 million in prize money. The 2020 race is expected to be worth a prize pot of $15 million, which is still not as much as the Saudi Cup.
Breeders’ Cup Classic
This timeless race is an institute of the American sporting calendar and remains one of the most popular betting events of the year. The Breeders Cup Classic attracts the very best thoroughbreds from around the world, and the winner takes how $6 million.
The race is restricted the three-year-olds or above and is part of the prestigious triple crown in the USA. While the prize money in the Saudi Cup may be greater than this race, it doesn’t pose the same prestige. This race has been completed since 1984 and Accelerate won the last installment.
Prix de l’Arc de Triomphe
Racing in Europe is as popular as it comes, and with that comes an abundance of prestigious and lucrative racing. The pick of the bunch, however, comes from the outskirts of Paris and the Prix de l’Arc de Triomphe. The Arc, as it is known, is a once a year occasion that unites all the best horses from the continent for the richest race in Europe.
The race is a true test of speed and stamina over a mile-and-a-half, with the winning runner picking up $3.2 million. The remaining $2.4 million is divided between the other runners in the race. Much like the Breeders Cup Classic, only horses aged three or over can enter this race, and this year's event sees a welcome return to Longchamp after a two-year stay at Chantilly racecourse. The fact that it had been run for more than 150 years showcases the impressive legacy that it retains.