|Date||Saturday, January 26, 2019|
|Prize Money||USD $12 Million|
|Distance||1 1⁄8 miles|
Run over 9 furlongs, the Pegasus World Cup is the richest thoroughbred race in the world on dirt, overtaking the Dubai World Cup.
The idea for the fledgling race was pitched by businessman and politician Frank Stronach in January 2016 and confirmed in May of the same year.
Timed so it won’t interfere with the Breeders Cup or the Dubai World Cup, the race features 12 starters.
The unique part of the concept is that each gate position is bought for $1 million. The entrant then can race a horse from the gate, lease their position or sell their spot in the race.
Each gate owner will then take an equal share in the net income from the race.
2019 Pegasus World Cup betting odds
Breeders’ Cup Classic winner Accelerate is the 2019 Pegasus World Cup favourite with Australian bookmaker Sportsbet at +152.
City Of Light at +400 is the only other runner considered a threat to Accelerate.
How does the Pegasus World Cup work?
Gate owners are permitted to pre-enter two horses into the race and if they don’t draw into the Pegausus World Cup they are automatically eligible to race in the Poseidon Stakes, which will offer a $400,000 purse, but only cost $20,000 entry.
While the entry fee is lofty at $1 million USD, 100 per cent of the net income from the pari-mutuel betting, media rights and sponsorship will be split between the gate owners.
Gate owners will then have the first right of refusal for any future runnings of the race.
Best Pegasus World Cup bookmakers
All major bookies around the world already have all-in markets on the Pegasus World Cup almost a year in advance, despite not knowing which runners will be confirmed participants.
How to watch the Pegasus World Cup
The big race day will be screened live on NBC from 4.30-6pm Eastern Standard Time on January 28.
It will also be simulcast worldwide via https://www.pegasusworldcup.com/
Australians wanting to tune in to the Pegasus World Cup can do so via free-to-air television station Racing.com.
2018 Pegasus World Cup result
Recent Pegasus World Cup results
- Gun Runner was the only horse the punters wanted coming into the 2018 Pegasus World Cup and the American Horse Of The Year duly delivered. After making a clean getaway from a tricky barrier the race was effectively over, as Gun Runner established a prominent position before storming away to win what would be his last ever competitive race.
- It was meant to be a battle between two – Arrogate and American Chrome – but it ended up being a one horse race. Arrogate, the bookies elect at $2.30, blitzed the star studded field to record victory in the newly-created race. Arrogate finished ahead of Shaman Ghost ($2.90) and Neolithic ($3). California Chrome, in its last race, never got going and failed to challenge. Read a full report.
Pegasus World Cup past winners list
|Year||Pegasus World Cup Past Winner|