Back to Pedigree Query
It is currently Mon Dec 11, 2017 10:02 am

All times are UTC - 8 hours [ DST ]




Post new topic Reply to topic  [ 5 posts ] 
Author Message
PostPosted: Wed May 11, 2016 7:21 pm 
Offline
Darley line
User avatar

Joined: Thu May 03, 2007 7:54 am
Posts: 5936
Location: FL, NY
Frank Stronach announced his plan today for the worlds richest race, scheduled to be run January 28th, 2017 at Gulfstream Park. The race is unique with its unusual set of race conditions, in order to be one of the 12 entrants permitted to start. Here's the story. TJ
http://www.bloodhorse.com/horse-racing/ ... -world-cup


Top
 Profile  
 
PostPosted: Thu May 12, 2016 7:18 am 
Offline
Allowance Winner

Joined: Wed Aug 27, 2008 10:29 am
Posts: 326
Interesting. The $1 million buy-in is steep, but the idea of having the runners share the mutual take is unique. Looking at recent Breeders' Cup Classics, I'd expect the straight and vertical exotics handle to be in the neighborhood of $20 million on this type of race. If the avg net take is 20%, that would mean they'd share $4M, in addition to the $12M in entrance fees.
The article did not specify the purse distribution (60%, 22%, 9%, 6%, 3% is the normal East Coast mix, I think) ...

I'll believe it when I see it, but at least they are trying to be innovative, so "hat's off" to Stronach for putting a new idea out there!


Top
 Profile  
 
PostPosted: Thu May 12, 2016 2:00 pm 
Offline
Leading Sire
User avatar

Joined: Sat Jul 08, 2006 12:45 pm
Posts: 3572
Location: Spokane, WA
It's going to get it's Grade 1 status from the Donn Handicap, so I presume that one will be no more. Pity, I always liked the Donn.


Top
 Profile  
 
PostPosted: Thu May 19, 2016 12:46 pm 
Offline
Leading Sire
User avatar

Joined: Sat Jul 08, 2006 12:45 pm
Posts: 3572
Location: Spokane, WA
I guess they got 12 people to pony up the million bucks http://www.bloodhorse.com/horse-racing/articles/211740/twelve-already-committed-to-pegasus-world-cup.


Top
 Profile  
 
PostPosted: Sat May 21, 2016 10:42 am 
Offline
Grade II Winner
User avatar

Joined: Fri Jan 06, 2006 5:33 pm
Posts: 1421
geowarrior wrote:
It's going to get it's Grade 1 status from the Donn Handicap, so I presume that one will be no more. Pity, I always liked the Donn.


Yeh - they needed a G1 race that those promising newly turned 4yos could use to take on the big boys, if they missed the BC and the other Graded stakes in Nov on the dirt

jm

_________________
Run the race - the one that's really worth winning.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 5 posts ] 

All times are UTC - 8 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group