Richest race

Gulfstream Park is set to host the world’s richest race next January. The $12 million Pegasus World Cup is the brainchild of owner-breeder Frank Stronach. The nine-furlong dirt race will have 12 runners and anybody can buy a starting place for their horse for a cool $1 million. Participants will not only share the prize money but also receive a share of the betting turnover, media rights and advertising.