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Offline timw

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O.P. « 2022-Jun-09, 08:35 AM »
World's Richest Thoroughbred Races            
First prizemoney exceeds USD 1,000,000            
            
Number of first prizes exceeding USD1 million by country            
Japan   20         
Australia   15         
USA   10         
Hong Kong   7         
UAE (Dubai)   4         
Saudi Arabia   2         
France   1         
Umited Kingdom   1         
TOTAL RACES   60         
            
Australian stakes run after 31 July 2022 are based on recent media announcements and it is assumed 60% of the total stake will be paid to the winner (excludes trophy values as these are not known).              
Japanese first prize amounts exclude relatively small sweepstakes added to first prize.   
Forex rates used are those published by the Reserve Bank of Australia on 4 Jan 2022 (start of the forex trading year)      
If I have missed anything please let me know.            
            
Name of Race   Country   Date run / to be run   Total prizemoney   First prize in USD
            
Saudi Cup (4YO+ 1800m dirt.)   Saudi Arabia   26/02/2022.    USD 20,000,000   USD 10,000,000
            
Dubai World Cup (2000m dirt)   UAE (Dubai)   26/03/2022.   USD 12,000,000   USD 6,960,000
            
The Everest (1200m turf)   Australia   15/10/2022.   AUD 15,000,000   USD 4,997,223
            
Golden Eagle (4YO turf)   Australia   xx/10/2022.   AUD 10,000,000   USD 3,605,500
Dubai Sheema Classic (2410m. turf)   UAE (Dubai)   26/03/2022.   USD 6,000,000   USD 3,480,000
Japan Cup (2400m turf)   Japan   27/11/2022.   JPY 864,000,000   USD 3,454,371
Arima Kinen (2500m turf)   Japan   25/12/2022.   JPY 864,000,000   USD 3,454,371
Breeders' Cup Classic (10f. Dirt)   USA   5/11/2022.   USD 6,000,000   USD 3,300,000
Prix de l'Arc de Triomphe (2400m turf)   France   2/10/2022.   EUR 5,000,000   USD 3,228,620
Melbourne Cup (3200m turf)   Australia   xx/11/2022.   AUD 8,000,000   USD 3,172,840
            
Dubai Turf (1800m. Turf)   UAE (Dubai)   26/03/2022.   USD 5,000,000   USD 2,900,000
Breeders Cup (Turf)   USA   5/11/2022.   USD 4,000,000   USD 2,200,000
Hong Kong Cup  (2000m turf)   Hong Kong   12/12/2021.   HKD 30,000,000   USD 2,180,565
Caulfield Cup (2400m turf)   Australia   16/10/2021.   AUD 5,000,000   USD 2,163,300
Cox Plate (2050m turf)   Australia   xx/10/2022.   AUD 5,000,000   USD 2,163,300
            
Hong Kong Mile  (1600m turf)   Hong Kong   12/12/2021.   HKD 26,000,000   USD 1,900,940
Kentucky Derby (10f. dirt)   USA   7/05/2022.   USD 3,000,000   USD 1,860,000
FWD QE II Cup (2000m turf)   Hong Kong   24/04/2022.   HKD 25,000,000   USD 1,827,826
Pegasus World Cup Invitational Stakes (9f. dirt)   USA   29/01/2022.   USD 2,941,500   USD 1,755,000
Longines Hong Kong Sprint (1200m turf)   Hong Kong   12/12/2021.   HKD 24,000,000   USD 1,754,713
Tenno Sho (Autumn) (2000m turf)   Japan   30/10/2022.   JPY 432,000,000   USD 1,727,186
Osaka Hai (2000m. Turf)   Japan   3/04/2022.   JPY 432,000,000   USD 1,727,186
Tenno Sho (Spring) (3200m turf)   Japan   1/05/2022.   JPY 432,000,000   USD 1,727,186
Tokyo Yushun (Derby 3YO 2400m turf)   Japan   29/05/2022.   JPY 432,000,000   USD 1,727,186
Takarazuka Kinen (2200m. Turf)   Japan   26/06/2022.   JPY 432,000,000   USD 1,727,186
Queen Elizabeth Stakes (2000m turf)   Australia   9/04/2022.   AUD 4,000,000   USD 1,672,952
All Star Mile (1600m turf)   Australia   19/03/2022.   AUD 5,000,000   USD 1,622,475
Yasuda Kinen (1600m turf)   Japan   5/06/2022.   JPY 388,800,000   USD 1,554,467
Mile Championship (1600m turf)   Japan   20/11/2022.   JPY 388,800,000   USD 1,554,467
Longines Red Sea Turf Hcp (4YO+ 3000m.)   Saudi Arabia   26/02/2022.    USD 2,500,000   USD 1,500,000
            
Takamatsunomiya Kinen (1200m. Turf)   Japan   27/03/2022.   JPY 368,200,000   USD 1,468,108
Champions Mile (1600m turf)   Hong Kong   24/04/2022.   HKD 20,000,000   USD 1,462,261
Chairmans Sprint Prize (1200m turf)   Hong Kong   24/04/2022.   HKD 20,000,000   USD 1,462,261
Longines Golden Slipper (2YO turf)   Australia   19/03/2022.   AUD 5,000,000   USD 1,442,200
Sprinters Stakes (1200m turf)   Japan   2/10/2022.   JPY 368,200,000   USD 1,468,108
Longines Hong Kong Vase  (2400m turf)   Hong Kong   12/12/2021.   HKD 20,000,000   USD 1,462,261
            
Caulfield Guineas (3YO 1600m turf)   Australia   xx/10/2022.   AUD 3,000,000   USD 1,297,980
Victoria Derby (3YO 2500m turf)   Australia   xx/10/2022.   AUD 3,000,000   USD 1,297,980
Kennedy Champions Mile (1600m turf)   Australia   xx/11/2022.   AUD 3,000,000   USD 1,297,980
Champion Stakes (2000m turf)   Australia   xx/11/2022.   AUD 3,000,000   USD 1,297,980
Australian Cup (2000m turf)   Australia   xx/03/2023.   AUD 3,000,000   USD 1,297,980
Satsuki Sho  (Guineas) (3YO 2000m turf)   Japan   17/04/2022.   JPY 325,000,000   USD 1,295,389
Kikuka Sho (St Leger 3000m turf)   Japan   23/10/2022.   JPY 325,000,000   USD 1,295,389
Doncaster Mile (1600m turf)   Australia   2/04/2022.   AUD 3,000,000   USD 1,254,714
Cazoo Derby (3YO 12f 6yds turf)   United Kingdom   4/06/2022.   GBP 1,470,226   USD 1,225,356
Yushin Himba (Oaks 3YOF 2400m turf)   Japan   22/05/2022.   JPY 302,400,000   USD 1,209,030
Dubai Golden Shaheen (1200m dirt)   UAE (Dubai)   26/03/2022.   USD 2,000,000   USD 1,160,000
Oka Sho (Guineas) (3YOF 1600m turf)   Japan   10/04/2022.   JPY 281,800,000   USD 1,122,671
            
NHK Mile Cup (3YO C&F 1600m turf)   Japan   8/05/2022.   JPY 281,800,000   USD 1,122,671
Victoria Mile (1600m turf)   Japan   15/05/2022.   JPY 281,800,000   USD 1,122,671
Queen Elizabeth II Cup (F+M 2200m turf)   Japan   13/11/2022.   JPY 281,800,000   USD 1,122,671
            
Breeders Cup Juvenile   USA   4/11/2022.   USD 2,000,000   USD 1,100,000
Breeders Cup Juvenile Fillies   USA   4/11/2022.   USD 2,000,000   USD 1,100,000
Breeders Cup Longines Distaff   USA   5/11/2022.   USD 2,000,000   USD 1,100,000
Breeders Cup Filly & Mare Turf   USA   5/11/2022.   USD 2,000,000   USD 1,100,000
Breeders Cup Mile   USA   5/11/2022.   USD 2,000,000   USD 1,100,000
Breeders Cup Sprint   USA   5/11/2022.   USD 2,000,000   USD 1,100,000
 T J Smith Stakes (1200m turf)   Australia   2/04/2022.   AUD 2,500,000   USD 1,045,595
February Stakes (1600m dirt)   Japan   20/02/2022.   JPY 259,200,000   USD 1,036,311
Champions Cup (1800m, dirt)   Japan   4/12/2022.   JPY 259,200,000   USD 1,036,311
« Last Edit: 2022-Jun-09, 10:43 AM by timw »

Online Peter Mair

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« 2022-Jun-09, 10:33 AM Reply #1 »

Is racing in Australia becoming a overweight?

Number of first prizes exceeding USD1 million by country       Australia   15      TOTAL   60 

How can it be sensible that a country with 0.33% of the global population has 25% of the $million+ races.

More generally the local racing industry seems grossly overweight relative to population and the (still?) 7% of the adult population that bet regularly on horse racing.

Australia may be left holding a chaff bag.

 



 

Offline timw

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« 2022-Jun-09, 03:31 PM Reply #2 »
Mr Mair

Perhaps it is not surprising that Sydney and Melbourne can afford so many big money horse races. I recently heard it reported that Australia may soon pass Russia and Brazil to become the world's 10th largest economy.

Australians have generally high disposable incomes and, in my research, I find the racing industry gets far more general media coverage than in Europe or North America so racing is front of mind when it comes to recreational pursuits.  Australia may also have a better system of taxation that returns funds to the industry for reinvestment as prizemoney etc.

Given that Sydney and Melbourne have a disproportionately high share of economic wealth the heavyweight battle for supremacy is being fought with buckets of money. 

As to the future I donít have a crystal ball.  Despite many naysayers, for the time being Australia is still a lucky country, even if run mainly by second rate people who share its luck.

Cheers

Online PoisonPen7

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« 2022-Jun-10, 09:39 AM Reply #3 »
            
Caulfield Guineas (3YO 1600m turf)   Australia   xx/10/2022.   AUD 3,000,000   USD 1,297,980
Victoria Derby (3YO 2500m turf)   Australia   xx/10/2022.   AUD 3,000,000   USD 1,297,980

Kennedy Champions Mile (1600m turf)   Australia   xx/11/2022.   AUD 3,000,000   USD 1,297,980
Champion Stakes (2000m turf)   Australia   xx/11/2022.   AUD 3,000,000   USD 1,297,980
Australian Cup (2000m turf)   Australia   xx/03/2023.   AUD 3,000,000   USD 1,297,980
Satsuki Sho  (Guineas) (3YO 2000m turf)   Japan   17/04/2022.   JPY 325,000,000   USD 1,295,389
Kikuka Sho (St Leger 3000m turf)   Japan   23/10/2022.   JPY 325,000,000   USD 1,295,389
Doncaster Mile (1600m turf)   Australia   2/04/2022.   AUD 3,000,000   USD 1,254,714
Cazoo Derby (3YO 12f 6yds turf)   United Kingdom   4/06/2022.   GBP 1,470,226   USD 1,225,356


Is the exchange rate different in Sydney  ;)

Online sobig

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« 2022-Jun-10, 01:44 PM Reply #4 »
First place money is less PP

Offline timw

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« 2022-Jun-10, 04:23 PM Reply #5 »
I must commend the Japanese (japanracing.jp/en) for the amount of detail they publish about their group races.  All I had to do was pick races with a first prize of JPY 100,000,000 plus. Racing Australia needs to lift its game.   It was also easy to mine the details of French group 1 races at 'france-galop.com/en'. The US breeders cup race details are found at 'breederscup.com' whereas other US stuff can be found on 'equibase.com'. Hong Kong (hkjc.com) can be a bit hit and miss from time to time.  The British and Irish horse racing authority websites are useless.  The Irish Derby will be run on 25 June and there was nothing I could find which is a disgrace.  Fortunately 'racingpost.com' saved the day.

Cheers


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