The brainchild of Gulfstream Park owner Frank Stronach, the Pegasus is a unique horse racing event in that horse owners are required to purchase a starting spot in the gate - with the price for 2019 set at $500,000 - that they can then use to race one of their own horses or enter into an agreement with another owner to run one of their horses.
The race is limited to 12 starters, and for 2019 the Pegasus offers a total purse of $9 million, of which $4 million goes to the winner, making it the single richest horse race in North America.
In the first two years of the Pegasus, the horse that won the Breeders' Cup Classic in the previous November (Arrogate in 2017 and Gun Runner in 2018) returned to win the Pegasus in Janaury. The 2018 Breeders' Cup Classic winner, Accelerate, has been entered in the 2019 Pegasus and was pegged as the race favourite.
2019 Pegasus World Cup Winner
Back in January at Gulfstream Park Hallandale, Florda, City of Light, ridden by jockey Javier Castellano, took the 2019 Pegasus World Cup Invitational on Saturday. City of Light ran away from the field to take home the biggest purse in North American Horse Racing.
A top prize of $4 million was won by City of Light and his owners Warren, Jr, Mr. and Mrs William K. Seeking the Soul placed second and won a hefty $1.25 million, with the favourite Accelerate finishing third and taking $900.000.
Changes to Pegasus World Cup Turf Invitational 2020
As organizers tinker with the Pegasus format, a number of big changes for 2020 have been made. The purse for the World Cup has been reduced from $9 in 2019, to $3 million in 2020. The World Cup Turf itself has been reduced from $7 million to just $1 million for 2020. All entry fees for the two race have been waived. Entries for both races will be invitation only.
Additionally, there will be a medication-free format on race day in an attempt to support the Thoroughbred horses. The Medication free format, which essentially equates to no Lasix, is said to help to protect the runners. Furthermore, two percent of the purse winnings from the two races will be donated to Thoroughbred aftercare.
Betting the Pegasus World Cup
Whether you're looking to catch a big price on a future bet, or want to wait until race day to pick the winner, you can check out the top-rated online racebook listed below, open an account and wager the full Pegasus World Cup race card from home with the convenience of using your PC or mobile device.