One of the world’s most prestigious horse race events is coming up very soon, and we want to bring you up to speed about its history. The Pegasus Cup is a horse race event classified as a G1 flat turf race.
Interestingly, the most prestigious horse race competitions have been around for more than a century, but the Pegasus World Cup is relatively new. This horse race event is a new inclusion to the United States of America horse racing calendar, which was first hosted in 2017.
Brief History of the Pegasus World Cup
The Pegasus World Cup was named after a Greek flying horse—a myth. The race quickly got the admiration and approval of various participants and interested persons because of the available prize money in 2017—its first race year.
Stronach Group manages this horse racing event and is also the race venue owner. The Pegasus horse race venue is located at Hallandale Beach in Florida, United States. With a bang, this horse race came into the horse racing world, attracting significant racehorses and jockeys to the event. Because of founding and setting the race rules, the Stronach Group is a stakeholder in the U.S. horse racing world.
For a brief time, the Pegasus horse race was the world’s wealthiest race. However, due to unforeseeable global events, the prize money has dropped to three million dollars, which is still very high.
The Pegasus horse race venue also hosts different racing events like the Pegasus World Cup Turf Stakes, which in 2019 was the replacement for the Gulfstream Park Turf Handicap race. Interestingly, the Pegasus Cup and the Pegasus World Cup Turf Stakes races run on the same day, ensuring it is a great day for horse race lovers in the U.S.
Qualifications for the Pegasus World Cup
Both the Pegasus World Cup Turf Stakes and the Pegasus World Cup Invitational Stakes can be entered by thoroughbreds that are 4+ years old. The entry fee is fixed for the invitational race series for stakeholders that wish to join. This fee is adjustable though because it initially was set to one million dollars but had, in recent years, dropped.
For the 2020 event, there was no invitational fee, but the race purse was reduced to around $3 million. The 2023 Pegasus World Cup winner stands a chance to win about $1.8 million for the purse, making this race event one of the richest in the world today.
Most Successful Pegasus World Cup Race Horse
Since the first Pegasus World Cup event, no racehorse has won the event prize money more than 2+ times, but that is expected for a race event of such magnitude.
The Pegasus World Cup has six different victorious horses in each edition, and they include:
- Arrogate in 2017
- Gun Runner in 2018
- City of Light in 2019
- Mucho Gusto in 2020
- Knicks Go in 2021
- Life Is Good in 2022
The Pegasus horse race world cup starting on 28th January 2023, is one of the most famous U.S horse race events, and it will welcome participants from different parts of the world. Though relatively new, this horse race event has risen to the prestigious status fairly quickly and looks like it will maintain that status for a long time. Will you be attending or watching this event? We hope you will. Thanks for reading!