HALLANDALE BEACH, Fla. (AP) The Pegasus World Cup is back, and now has a second race.
The Stronach Group announced Tuesday the 2019 Pegasus will be a two-race event, one a $9 million race on the dirt and now a $7 million turf race will be part of the Jan. 26 card at Gulfstream Park as well.
The first two Pegasus World Cups only offered one dirt race.
Those also required a $1 million entry fee. The 2019 event will carry a $500,000 entry fee, with the total purse for the two races matching the $16 million that the lone race had last year.
“The appetite for a turf race is strong and the decision to include a premier turf race is part of the ongoing evolution of the Pegasus World Cup,” said Belinda Stronach, the chairman and president of The Stronach Group. “We are excited to expand this event for both horse owners and fans, adding to what is already an incredible day of entertainment and world-class racing.”
If the same ownership group wins both races, The Stronach Group will pay a $1 million bonus. The winner of the Pegasus World Cup Invitational, which will be on dirt at 1 1/8 miles, gets $4 million. The winner of the Pegasus World Cup Turf Invitational, to be run at 1 3/16 miles, gets $3 million.
Adding a turf race was something The Stronach Group has considered for some time, and many of the sport’s top owners had lobbied for there to be a grass option – the belief there being the additional spectacle would only help racing grow.
“There is no better way to do that than to provide a new platform to showcase the world’s best thoroughbreds,” Coolmore Stud founder John Magnier said.
Arrogate won the inaugural Pegasus race in 2017, and Gun Runner prevailed this past January.
Their purses for those wins – $7 million apiece – are a big reason why they are the two top horses in terms of earnings in North American racing history. Arrogate sits atop that list at $17.4 million, Gun Runner is second at just under $16 million.