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Friday, 19 October, 2018

Prize-money increase: Dubai World Cup pot boosted to $12 million

Dubai World Cup: Thunder Snow won this year's race
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The Dubai World Cup will have its purse raised to $12 million for 2019 and total prize-money for the Dubai World Cup card increased to $35 million, it has been announced.

The Dubai World Cup has been contested for a purse of $10 million since 2010 and stood as the world's richest race until 2017, when the inaugural edition of the Pegasus World Cup Invitational Stakes was held for $12 million at Gulfstream Park. The Pegasus had its purse raised to $16 million for 2018.

The planned purse increase for the Dubai World Cup will result in a payout of $7.2 million to the winner, making it the highest first-place prize in global thoroughbred racing. Gun Runner, winner of the 2018 Pegasus World Cup, earned $7 million for his victory.

The Dubai Golden Shaheen receives a $500,000 boost to $2.5 million, while the Al Quoz Sprint will see its purse double to $2 million.

While the $6 million Longines Dubai Sheema Classic, $6 million Dubai Turf, and $1 million Dubai Kahayla Classic will all maintain their purse money, the remaining three races will be worth an extra $500,000 each.

The UAE Derby will become the richest dirt derby in the world with a purse of $2.5 million. In a similar vein, the Godolphin Mile will increase to $1.5 million, moving it into the second-richest dirt mile in the world.

The Dubai Gold Cup will now be worth $1.5 million, making the two-mile turf test of stamina one of the richest marathon events in global horseracing.

Total purse money given away at other races held at the Meydan will also increase to $1.83 million, effective from the 2018-19 racing season.

Saeed Humaid Al Tayer, Board chairman of Meydan Group, said the increase in the event's prize money highlights Dubai ruler Sheikh Mohammed's keenness to support the growth of horse racing and ensure that the UAE has a superior infrastructure for the development of sport in general and horse racing in particular.

The first edition of the Dubai World Cup was contested in 1996 for a purse for $4 million and captured by eventual two-time Horse of the Year Cigar. This year's Dubai World Cup was won by Godolphin's multiple group 1 winner Thunder Snow.

The increase in the event's prize money highlights Dubai ruler Sheikh Mohammed's keenness to support the growth of horse racing

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