THE inaugural running of the world’s richest turf race took place last weekend at Randwick in Australia. The AUS$10 million, six-furlong TAB Everest was won by the five-year-old Snitzel gelding Redzel and he took his career earnings past the AUS$7 million mark with this victory, his 10th in 20 career starts.

Bought for just AUS$120,000 as a yearling – more than twice what he cost as a foal – he has proven to be some bargain for his owners, led by the Triple Crown Syndicate. He ran in a slot for the race owned by Irishman James Harron and rewarded his and the syndicate’s faith in the gelding with victory.