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The Everest |
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Balciano
Champion Joined: 09 Nov 2016 Status: Offline Points: 863 |
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Posted: 01 Feb 2017 at 10:18am |
Apparently there's a $10 Million 1200 metre sprint to be run at Randwick on Spring Champion Stakes Day 14th Oct.
Setup sounds similar to the recently run Pegasus World Cup with entries being purchased for $600K per slot. Thoughts? |
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Dizzy
Premium Joined: 17 Sep 2013 Location: Canberra Status: Offline Points: 16863 |
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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Royal Randwick to host $10m Everest sprint at Spring Carnival — making it the richest race on turfRAY THOMAS, The Daily Telegraph SYDNEY will host the world’s richest thoroughbred race on turf with the introduction of the $10 million The Everest to be run at Royal Randwick during October. The Everest is set to attract the best racehorses from around the world for the 1200m sprint. Racing NSW chief executive Peter V’landys confirmed the $10 million race will be run on October 14 during Sydney’s spring carnival. The Everest’s $10 million stakes money replaces the $6.2 million Melbourne Cup as the nation’s richest race. The only races with more prizemoney are the $US12 million Pegasus World Cup run in Florida and the $US10 million Dubai World Cup. Both of those northern hemisphere races are run on dirt tracks. The Everest will be run over 1200m at famous Royal Randwick under weight-for-age conditions. Australian sprinters are generally regarded as among the best in the world but have needed to travel overseas to race at England’s Royal Ascot or Hong Kong’s Sha Tin to prove themselves. Over the last decade or so Australian champions like Black Caviar, Takeover Target, Miss Andretti and Chautauqua have travelled to the northern hemisphere and beaten the best in the world. But The Everest now provides an opportunity for Aussie sprinters to race in their own backyard and take on the best overseas sprinters. The massive prizemoney for The Everest will be predominantly funded by a huge entry fee of around $600,000. The field will have a maximum of 12 runners and those buying an entry secure a start in the race. This entry can be leased or on-sold to others wanting to race for The Everest’s huge prizemoney and prestige. WORLD’S RICHEST HORSE RACES $US12 million — Pegasus World Cup — Gulfstream Park, Florida. $US10 million — Dubai World Cup, Dubai, UAE $10 million — The Everest — Royal Randiwck, Sydney $6.2 million — Melbourne Cup — Flemington, Melbourne LIKELY CONTENDERS FOR THE EVEREST Chautauqua Astern Flying Artie Speith Extreme Choice Star Turn Fell Swoop Malaguerra #Plus overseas entries |
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reductio ad absurdum
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Fairest One
Champion Joined: 24 Nov 2009 Location: Randwick Status: Offline Points: 2893 |
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You actually need to make a three year commitment of $600k a year- so $1.8 financial investment.
You can scratch all of those horses from the list that aren't owned by irish stud farms or oil tycoons. |
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Cmon Apparitions!!!
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antlowes
Champion Joined: 05 Apr 2009 Location: Manly Status: Offline Points: 595 |
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Surely there's a better name than 'The Everest'?
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saintly96
Champion Joined: 12 Jun 2008 Location: Nunya biz Status: Offline Points: 12926 |
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Let's see how it works out. Big money for those with a great sprinter.
Max field size of 12. Obviously looking for HK sprinters and those from elsewhere heading to HK in December. |
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deejays destiny
Champion Joined: 11 Sep 2015 Status: Offline Points: 4148 |
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Godolphin will be the only ones able to afford it
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Carioca
Champion Joined: 13 Nov 2015 Status: Offline Points: 21830 |
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Balciano
Champion Joined: 09 Nov 2016 Status: Offline Points: 863 |
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Wow that's insane. |
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puntforfun
Foal Joined: 01 Feb 2013 Status: Offline Points: 16 |
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Wouldn't it have made more sense being run in Autumn.... October 14 basically rules out any young colt sprinter (i.e. any of the current 3yo crop) as they will more than likely be rushed off to stud duties rather than wait for a shot at the prize money.
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Magnolian Khan
Champion Joined: 23 Dec 2015 Location: SA Status: Offline Points: 8437 |
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So it's going to be run on Caulfield Cup day is that right?
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Magnolian Khan
Champion Joined: 23 Dec 2015 Location: SA Status: Offline Points: 8437 |
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Scratch that. It will be on Guineas day. |
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Magnolian Khan
Champion Joined: 23 Dec 2015 Location: SA Status: Offline Points: 8437 |
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Bizarre idea. Will not work |
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Duckssster
Champion Joined: 16 Nov 2010 Status: Offline Points: 1747 |
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What internationals could this race attract?
Arrogate?
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Schillaci
Champion Joined: 19 Jan 2011 Status: Offline Points: 411 |
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V'Landys must have a good sprinter in the wings. Best keep an eye out.
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Fairest One
Champion Joined: 24 Nov 2009 Location: Randwick Status: Offline Points: 2893 |
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Outside of the huge players with stallion prospects, who from overseas would want to stump up $1.8 million to get whipped by our sprinters?
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Cmon Apparitions!!!
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marscay
Champion Joined: 20 May 2011 Status: Offline Points: 5342 |
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Better chance of Frankel turning up. |
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Nocturnal
Champion Joined: 26 Sep 2008 Location: at the 800 Status: Offline Points: 13667 |
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Lordy , lets rewind a year or so ago do you stump up for Buffering?
This seems a scheme hatched by the rich . |
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The only problem with backing winners ? You never have enough on....
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Good to see the wealthy entitled hierarchy of the racing industry catering to the "grass roots" element of the sport, and not just their own self interest ...
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Slammington
Champion Joined: 24 May 2007 Status: Offline Points: 328 |
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If they weren't chasing history in the Cox Plate, this would be a very enticing option for Winx.
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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The concept is inspired by the recent 'Pegasus World Cup Invitational' model, a $12 million event at Gulfstream Park, Florida taken out by Arrogate last weekend in which owners paid $1 million for the right to start in the race.
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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What it might do, since it's a 3 year buy in, is extend the racing careers of some young stallion prospects who would otherwise be retired at 4 ...
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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TJMitchell
Champion Joined: 29 Jun 2014 Location: Melbourne Status: Offline Points: 16917 |
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Should've been called the "Only For The Rich Cup"
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subastral
Champion Joined: 28 Jul 2011 Location: Melbourne Status: Offline Points: 34887 |
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The Everest will have fallen by 2020. These gimmicks simply do not last.
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marscay
Champion Joined: 20 May 2011 Status: Offline Points: 5342 |
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Or the most irrelevant event ever conceived because it's the only way Sydney will get any limelight during spring.
Pointless and pathetic rnsw |
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MorphettvilleMauler
Weanling Joined: 11 May 2016 Status: Offline Points: 94 |
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it is an idea, not overly innovative, i just hope it works and 'they' get what they want out of it.
running up against caulfield guineas, but we do not have a national programme so they will just do as they please. i wonder how many local horses not backed by the big stud farms will even enter. will no doubt attract some overseas horses as most likely all who can afford it. also it is currently a USD$7.6mil (AUD10mil) race if the article is to compare apples with apples. long way to go to eclipse the USD$12mil pegasus. (good start however) i am not sure how this will benefit the racing that goes on week in week out around australia. only time will tell i suppose.
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troppo75
Champion Joined: 10 Jun 2008 Location: Australia Status: Offline Points: 1438 |
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Sorry, just read the article on this race.
600k entry? Lets say you own Scenic Blast or Flying Artie.. you have to win at least 2 G1 races and have a lazy 600k still in the kick.. TO ENTER!!! "Normal owners" would have the money spent, maybe another horse.. or a nicer car?? You're not putting it in the bank thinking... gee I'd like to NOMINATE for a damn race... So.. to logically address this race... it has ZERO history to it.. so stud farms arent going to hang their hat on having won the prestigious 'everest'.. it's a cash grab. It also gives NSW bragging right to the richest race?? So its a 'who's is bigger' contest?? Sword fight? Pretty lame.
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Now having passed 1000 posts I feel you are all so much the wiser for my having said... stuff!
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whitt0
Champion Joined: 01 Jun 2014 Location: Australia Status: Offline Points: 10911 |
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Fantastic idea - huge promotion for the industry.
More than likely only for the rich but these slots will be actively traded on the market like the Pegasus. Very possible for a slot purchaser to on sell or sponsor a runner taking most of the upside. Intriguing!
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Speediskey
Champion Joined: 18 Feb 2014 Status: Offline Points: 4116 |
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Incredibly stupid.
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Balciano
Champion Joined: 09 Nov 2016 Status: Offline Points: 863 |
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Fair point. Also just read that the Arc meeting with multiple Group 1 sprints is just 2 weeks earlier, as is the Sprinters Stakes in Japan. Champions Day at Ascot is the week after, and Breeders Cup weekend is a fortnight after that. Granted there are no $10 million sprints at those events, but you'd think those options would eliminate the vast majority of possible overseas entrants, particularly if they fork out $1.8 million over 3 years... |
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