The Inaugural Running of The $12 Million Pegasus World Cup

[TJ]

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

[Aug27]

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!

[geowarrior]

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.

[geowarrior]

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.

[Joltman]

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