Pegasus World Cup to be worth $16 million in 2018

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HALLANDALE BEACH, Fla. — The Pegasus World Cup horse race will carry a $16 million purse for its second running in 2018.

That’s an increase of $4 million from this year, when it was run for the first time at Florida’s Gulfstream Park. Arrogate defeated a field that included California Chrome in the nationally televised race.

The Stronach Group announced the purse increase on Wednesday, saying it would contribute the additional $4 million.

The 2018 edition, to be run on Jan. 27, will be open to 12 owners who put up $1 million each for a spot in the starting gate.

Arabian Knight off Kentucky Derby trail; will return later

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LOUISVILLE, Ky. — Arabian Knight is off the Kentucky Derby trail.

Wagering has been suspended on the 3-year-old colt for the Derby’s future wager after owner Amr Zedan announced the decision. Arabian Knight was the second choice on the morning line behind favorite Forte for the May 6 race.

“Trainer Tim Yakteen wasn’t happy with his last work & we feel it’s in Arabian Knight’s best interest not to rush & allow him more time to develop,” Zedan tweeted. “We know he’s a superior talent & our plan is to point him toward a summer and fall campaign.”

Purchased for $2.3 million as a 2-year-old, Arabian Knight won his debut by 7 1/4 lengths at Keeneland last November. He made his 3-year-old debut in the Southwest at Oaklawn in January and won by 5 1/2 lengths.

Arabian Knight had his third workout at Santa Anita.

Tapit Trice wins Tampa Bay Derby, earns Kentucky Derby points

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TAMPA, Fla. — Tapit Trice rallied from last to win the $360,000 Tampa Bay Derby by two lengths and earn qualifying points for the Kentucky Derby.

Ridden by Luis Saez, Tapit Trice ran 1 1/16 miles 1:43.37. The 1-2 favorite in the field of 12 paid $3 to win. The 3-year-old colt earned 50 qualifying points, which places him in the 20-horse field for the Kentucky Derby on May 6.

Hall of Fame trainer Todd Pletcher extended his record for most wins in the Grade 3 race to six. He already has the early Kentucky Derby favorite in Forte, who won the Fountain of Youth at Gulfstream last weekend.

Classic Car Wash was second and Classic Legacy was another 1 1/4 lengths back in third.

Tapit Trice was making his stakes debut after winning two of three starts.

“Once he got clear down the lane, he really extended himself,” Pletcher said. ”I loved the way he finished up. He relished the two turns, and the longer he goes, the better he’ll get.”