The Jockey Club of Saudi Arabia (JCSA) has announced that total prize money for the two-day Saudi Cup meeting on Friday 25 and Saturday 26 February 2022, will increase to $35.1million, making it the most valuable fixture in global racing.
The Saudi Cup, which will be run as a Group 1 for the first time, remains the world’s most valuable horse race at $20million, while five thoroughbred races on the Saturday card have been awarded Group 3 status. Prize money for both the Group 3 Neom Turf Cup and Group 3 1351 Turf Sprint has increased by $500,000 to $1.5million. The Obaiya Arabian Classic, a $1m contest for Purebred Arabian horses was this week promoted to a Group 2 race by the IFAHR.
