Pegasus World Cup

The Pegasus World Cup is a planned American Thoroughbred horse race to be run at Gulfstream Park in Hallandale Beach, Florida.[1][2] With a purse of $12 million, the Pegasus World Cup will surpass the Dubai World Cup as the richest horse race in the world. It will be run over the dirt at the distance of 1 1⁄8 miles (9 furlongs) and is open to horses four years old and up.Frank Stronach first proposed the idea for the race during the Thoroughbred Owners Conference at Gulfstream in January 2016.[3] His original proposal called for an annual 1 1⁄4-mile (10 furlong) race to be run at either Gulfstream or Santa Anita Park in mid to late January, which would not interfere with the Breeders' Cup or the Dubai World Cup.The Stronach Group officially announced plans for the race in May 2016, with the first running scheduled for January 28, 2017.[1] Under the format, the race would feature 12 starters, with each entrant required to pay $1 million to purchase a position in the gate. The entrant would then have the right to race, lease, contract or share a starter, or sell their place in the gate, and would have the first right of refusal for subsequent races.[2] Entrants would also have an equal share in the net income from the race.One week after the formal announcement, the Stronach Group announced that all 12 slots for the race had been purchased.