Pegasus World Cup
Dec 15, 2019 17:32:27 GMT -5
Post by 1hooper on Dec 15, 2019 17:32:27 GMT -5
Get your overpriced tickets soon for what looks like the last PWC. $12 million in '17,$16 million in '18,$9 million in '19 and $3 million in '20.
This is how you spin it when everyone is going to go to Saudi Arabia and Dubai.
Notice when they mention the purse reductions.
HALLANDALE BEACH, FL – December 14, 2019 – The Stronach Group, owners of the Pegasus World Cup Championship Invitational Series, announced today a new era in the sport of Thoroughbred racing in North America. On January 25th, the 2020 Pegasus World Cup Invitational (G1) and the Pegasus World Cup Turf Invitational (G1) will provide new and exciting opportunities for horse owners to showcase their equine athletes by competing free of any medications on race day.
This year’s medication-free format, for both the Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational, is consistent with the International Federation of Horse Racing Authorities (IFHA) standards and will go one step further by giving back two-percent of the purse winnings to Thoroughbred aftercare.
“We are investing in the future of our sport by creating new opportunities for horsemen and horses to run without medication,” said Belinda Stronach, Chairman and President, The Stronach Group. “The Pegasus World Cup Invitational Series has always been about innovation. The new and exciting medication-free format, along with giving back to horse care, showcases the leadership our industry is taking together to evolve beyond past achievements to create a more modern, sustainable and safer sport.”
“The Pegasus World Cup Championship Invitational Series is evolving toward a single goal - to provide a level of safety deserving of every horse and every rider, reflecting the new standard of care, on race day and beyond, while providing a lucrative opportunity for horse owners.” said Craig Fravel, Chief Executive Officer, Racing, The Stronach Group.
The Pegasus World Cup Championship Invitational Series aims to attract the world’s best horses and riders, including top tier Grade 1 stakes horses, owners, trainers and jockeys. Owners of horses age 4 and up from North America and beyond will be invited to participate for their chance to showcase their medication-free horses and the opportunity to compete for their share of $4 million USD in purse winnings. All entry fees for the 2020 Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational will be waived.
The Pegasus World Cup Invitational will be run on the dirt at 1 1/8 miles and will offer a $3 million total purse with 2 percent of the purse donated to Thoroughbred aftercare. The Pegasus World Cup Turf Invitational will be run on the turf at 1 3/16 miles and will offer a $1 million purse with 2 percent of that purse also donated to Thoroughbred Aftercare. The $4 million total purse contribution is entirely provided by The Stronach Group.
This is how you spin it when everyone is going to go to Saudi Arabia and Dubai.
Notice when they mention the purse reductions.
HALLANDALE BEACH, FL – December 14, 2019 – The Stronach Group, owners of the Pegasus World Cup Championship Invitational Series, announced today a new era in the sport of Thoroughbred racing in North America. On January 25th, the 2020 Pegasus World Cup Invitational (G1) and the Pegasus World Cup Turf Invitational (G1) will provide new and exciting opportunities for horse owners to showcase their equine athletes by competing free of any medications on race day.
This year’s medication-free format, for both the Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational, is consistent with the International Federation of Horse Racing Authorities (IFHA) standards and will go one step further by giving back two-percent of the purse winnings to Thoroughbred aftercare.
“We are investing in the future of our sport by creating new opportunities for horsemen and horses to run without medication,” said Belinda Stronach, Chairman and President, The Stronach Group. “The Pegasus World Cup Invitational Series has always been about innovation. The new and exciting medication-free format, along with giving back to horse care, showcases the leadership our industry is taking together to evolve beyond past achievements to create a more modern, sustainable and safer sport.”
“The Pegasus World Cup Championship Invitational Series is evolving toward a single goal - to provide a level of safety deserving of every horse and every rider, reflecting the new standard of care, on race day and beyond, while providing a lucrative opportunity for horse owners.” said Craig Fravel, Chief Executive Officer, Racing, The Stronach Group.
The Pegasus World Cup Championship Invitational Series aims to attract the world’s best horses and riders, including top tier Grade 1 stakes horses, owners, trainers and jockeys. Owners of horses age 4 and up from North America and beyond will be invited to participate for their chance to showcase their medication-free horses and the opportunity to compete for their share of $4 million USD in purse winnings. All entry fees for the 2020 Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational will be waived.
The Pegasus World Cup Invitational will be run on the dirt at 1 1/8 miles and will offer a $3 million total purse with 2 percent of the purse donated to Thoroughbred aftercare. The Pegasus World Cup Turf Invitational will be run on the turf at 1 3/16 miles and will offer a $1 million purse with 2 percent of that purse also donated to Thoroughbred Aftercare. The $4 million total purse contribution is entirely provided by The Stronach Group.