Top Richest Horse Races in the World- Saudi Cup, Pegasus World Cup

Many people are becoming richer and richer from horse racing as such a sport can bring great prizes and the ransom. The followings are the richest horse races in the world, including Saudi Cup and Pegasus World Cup.

1/ Saudi Cup

No horse racing in the world can bring lucrative prize money like Saudi Cup. The race took place at the King Abdulaziz Racetrack in Riyadh in February 2020 with a $20-million pot, announced by Prince Bandar bin Khalid Al Faisal.

The winning horse had a chain to gain $10 million prize money while the horses down to the 10th place earned the remaining $10 million. The race was held over nine furlongs with a total length of 1,800 meters and included a maximum field of 14 starters.

The race was free for the entrance, while the Jockey Club of Saudi Arabia funded the shipment of all invited horses.

2/ Pegasus World Cup

Debuted in 2017 as one of the richest races in the world, the Pegasus World Cup is the epitome of the U.S. lavishness. The race features experienced racers of over four years old.

At the second running in 2018, the prize pot increased by $4 million to $16 million with an entry fee of $1 million for each of 12 slots. Besides, the winner and Gun Runner collected about $7 million this year.

In 2019, the prize pot was divided into two Grade 1 races, namely the new Pegasus World Cup Turf Invitational and the Pegasus World Cup Invitational. Of which, the revamped Pegasus World Cup Invitational had a prize fund of $9 million, including $4 million for the winner while the turf race offers a pot of $7 million, including $3 million for the winner.

The entry fee of each race reaches $500,000, with an owner winning a bonus of $1 million if they win both events.

World’s Best Horse Racing Tracks, Most in the United States

Horse racing is a long-standing and traditional sports event in the world. There are now many famous horse racing tracks, most of which are located in the United States, such as Parx, Lone Star Park, and Meadowlands.


Located in Bensalem, Pennsylvania, Parx was known as other names over the years. The horse race was established in 1974 with the name of Keystone Racetrack. It was changed into the Philadelphia Park after a decade and into Parx in 2010.

Parx is chosen to organize many famous leagues such as the Grade 1 Pennsylvania Derby and the Grade 1 Cotillion.

Recently, these races have attracted the participation of winners such as champions West Coast, Songbird and Untapable, and Will Take Charge.

2/ Lone Star Park

Established in Texas in 1997, Lone Star Park is one of the newest horse racing tracks in the list. With the first-class facilities, the track hosted many world-famous sports events such as Breeders’ Cup in 2004. 

The race featured the powerhouse performances of Hall of Famers Ghostzapper and Ashado.

3/ Meadowlands

Meadowlands was established in New Jersey in 1976. The horse race is considered as one of the premier harness racing venues in the United States. The horse racing events held in New Jersey, such as Hambletonian are harness racing’s version of the Kentucky Derby.

In 2018, the track opened a sportsbook following New Jersey’s legalization of sports betting. 


Established in Dubai, the United Arab Emirates, in 2010, Meydan is the only horse racing track to be located outside the United States in the list thanks to its unique features.

Many top thoroughbreds worldwide have to make a trip to the UAE every winter to run at Meydan. The track hosted the Dubai World Cup, the world’s richest race, with a total value of $12 million. 

 Besides, many top horses of the United States enjoy the significant successes in the race, including Hall of Famers Cigar, Invasor, Curlin, and Silver Charm.

Special Features of Horse Racing in U.S., France, Japan, Australia

Horse racing is one of the oldest racing sports in the world. From the initial format, many countries such as the United States, France, Japan, France, and Australia now have its methods and styles of horse racing. 

Despite not the same extent as other sports, horse racing remains popular in the United States. The most well-known horse racing competitions in the country are the Preakness Stakes, the Kentucky Derby, and the Belmont Stakes. The Triple Crown takes place during early summer.

The Breeders’ Cup is held later and is shown live in the UK TVs both evenings. The competition has a unique concept in the world’s horse racing. The two-day racing is organized at different racetracks in the United States each year.

Hosting over 21,000 races each year, horse racing is very popular in Japan. Of which, the Japan Cup is likely to be the most prestigious horse race in the country. The event always takes place in Tokyo Racecourse, Fuchu, Tokyo in last Sunday in November. It is described as one of the richest horse races in the world to cater for Far East equine sports fanatics.

Besides, the International Invitational Race is one of the most famous competitions in Japan, which attract three British trained horses wining the previous contests.

Australia is said to have the biggest followers for horse racing. The most famous annual horse race in Australia is Melbourne Cup. The event is held by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria, as part of the Melbourne Spring Racing Carnival. Launched in 1861, the Melbourne Cup has a long history and gets targeted by horses from all around the world.

Similar with racing in the UK and Ireland, horse racing in France attracts the best jockeys and trainers in the world. France also holds some of the biggest National Hunt racing outside the UK and Ireland.

California Horse Racing Board Approves Restrictive Whip Rule

According to a new rule approved by the California Horse Racing Board, jockeys competing in California won’t be allowed to strike a horse more than 6 times during a race, and then only in an underhanded position.

The rule will allow no more than two strikes in succession using whips that have to meet new board standards to soften the blows.

The board voted 4-2 in a meeting that lasted nearly seven hours on Thursday to approve the rule that was first proposed in March of last year. Commissioners Dennis Alfieri and Ale x Solis, a retired Hall of Fame jockey, represented the no votes.

Along with riders Mike Smith and Aaron Gryder, representatives from the Jockeys’ Guild, had urged the board to wait at least one month before voting in order to allow more time for a proposed national whip rule to be implemented.

However, board Chairman Gregory Ferraro disagreed by saying that California should set the tone in reforming how racehorses are treated instead of waiting for a national standard.

Meanwhile, Attorney Shane Gusman, representing the Jockeys’ Guild, said before the vote that whipping guidelines that were based on public perception would lead to the negative impact and potential accidents in the sport in California.

The Jockeys’ Guild responded in a later statement, addressing Ferraro’s comment about keeping the status quo by saying that nothing could be further from the truth and was beyond offensive. They completely recognize the need to change the existing use of the crop rules and the Guild had actively been engaging in meetings throughout the country, not only in California, in order to establish a uniform rule.

CHRB Rule 1688 will also prohibit the usage of whips during morning training as well as after the finish of races.

The rule must be reviewed by state officials and it may be October before it takes effect.