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In this post, we will check out the top 3 richest horse races in the world.
Horse Racing is considered one of the oldest sports in human history. Known to have been developed around 4500 BC by the nomads of Central Asia, this adrenaline-pumping sport has been a great source of entertainment and income for both high and low-profile individuals throughout the ages.
Typically, Horse Racing is generally referred to as the “Sport of the Kings.” Of all the sports that existed throughout history, none seem to have captured the attention of European monarchs the way horses on tracks did.
A particular case was that of King James I, who almost missed out on his kingly duties for the love of horse racing.
Betting on horse racing was, as is true even today, one of the key reasons for the game’s popularity. It remains one the most prestigious sports in the world, and below are its top ten richest events.
#3 Dubai World Cup
In the Middle East is found the third richest horse race in the world. The Dubai World Cup has a prize of $12 million. It was launched in 1996 by Sheikh Mohammed bin Rashid Al Maktoum and It covers 2,000 meters and is held in March every year.
Godolphin Racing is the highest winner in the tournament with over 9 wins. Next are Jerry Bally, and Frankie Dettori with 4 equals. The winner of the 2023 edition was Japan’s Ushba Tesoro, thanks to the expertise of Jockey Yuga Kawada and trainer Noboru Takaji.
#2 The Everest
This is Australia’s richest horse race which was ranked top in the world before the one in the one that now is in first place happened.
It is Australia’s most important race with a huge fan base across the globe. It covers over 1200 meters and has a $15 million purse which is distributed as follows.
First place takes $6.2m, 2nd =$2.3m, 3rd = $1.4m, 4th = $1m, 5th = $750 000, 6th = $500 000, and 7th-12th = $450 000. The race began in 2017 and has had the following winners; Redzel (2017, 2018), Yes Yes Yes (2019), Classique Legend (2020), Nature Strip (2021), and Giga Kick (2022).
The 2023 edition is scheduled for Saturday 14, October 2023. As the top-rated in Australia and second richest in the world, probably, the best bookmakers for horse racing will definitely have the best offers on it.
#1 Saudi Cup
The Middle East’s engagement in the sports industry is fast growing. The rich Arab nations are investing in sports like never before. They recently hosted one of the most prestigious FIFA World Cup tournaments in history and are home to some of the world’s top-rated F1 Circuits.
They are highly interested in sports, especially, Saudi Arabia and Qatar whose investments have skyrocketed over the last two decades. Saudi in particular is excelling in two important areas. Football and Racing.
The latter has become one of its most powerful treasures. Saudis Horse racing kicked off in 2020 and a year later, they launched the now famous Saudi Arabian Grand Prix.
And as one should expect from pockets full of spendable cash, Saudis horse racing is full of cash. Its $20 million purse is the biggest in the world.
The race takes place in February every year and has recorded four successful run sessions already, which are 2020, 2021, 2022, and 2023.
The winners of these editions were Maximum Security, Mishriff, Emblem Road, and Panthalassa respectively. The race covers 1800m and first place is awarded $10 million.
It is the world’s richest horse race as of 2023. These are the world’s top three richest horse races which are also the hottest to watch. Others include the Breeders’ Cup Classic, Sheema Classic, and Prix De l’Arc de Triomphe. You can always check out the best horse racing site to learn more about these top exciting races.
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