Horse races are one of the oldest sports in the world with a continuously thriving industry. Many people in various countries participate in horse racing as jockeys, riders, or drivers because of the successes they can get. This includes awards, status, and salary.
The purse or amount jockeys and horses can get in the competitions are raised each year, depending on the organization that manages it. This means the amount the jockeys, horses, and trainers can get if they placed first can be up to $2,798,700 and over.
The horse races that has the biggest purse in the world are the following:
The Japan Cup is considered to be one of the most prestigious horse races in the world. It is an invitation-only international competition held in Japan. It is also considered to have one of the highest purse in the world with ¥624,000,000 as of 2015. This is approximately $5,823,168.
Nakayama Grand Jump
The Nakayama Grand Jump is one of the biggest jump horse racing events in Japan. It is also considered to have one of the highest purse in steeplechase races in the world with ¥135,000,000 (approx. $1,259,820) as of 2014.
Nakayama Daishogai is one of the two largest jump horse races in Japan. It also has one of the biggest purse in Japan with ¥142,660,000 (approx. $1.24 million).
The Tokyo Yūshun is a Grade 1 Thoroughbred flat horse race in Japan held annually every late May to early June. It has one of the biggest flat races purse with ¥432,000,000 (approx. $4,031,424) as of 2017.
The Arima Kinen is one of the biggest Grade 1 Thoroughbred flat horse races in Japan. This tournament also has one of the highest purse in Thoroughbred racing with ¥624,000,000 (approx. $5,823,168) as of 2015.
The Tennō Shō is an international Grade 1 Thoroughbred horse race held in Japan. It has a purse of ¥325,000,000 (approx. $3,032,900) as of 2018.
The Takarazuka Kinen is one of the largest Grade 1 Thoroughbred flat horse race in Japan. It has a purse of ¥286,000,000 (approx. $2,668,952) as of 2015.
The Oka Sho is one of the oldest Thoroughbred flat horse races in Japan. It is a Grade 1 race with a purse of ¥168,900,000 (approx. $1,576,174) as of 2015.
The Royal Ascot
The Royal Ascot is one of the biggest flat horse races in Europe. It is annually attended by the British Royal Family and is considered to be a major event in their social calendar. It has a purse of £6.5 million (approx. ¥884,919,750) as of 2016
The Grand National
The Grand National is one of the biggest handicap steeplechase races in the world. It is held in England at Aintree Racecourse. It has a purse of £1,000,000 (approx. ¥136,141,500) as of 2019.
The Prix de l'Arc de Triomphe or commonly known as Arc is one of the most prestigious flat horse races in Europe. It is for Thoroughbred horses. It also has one of the highest purse in flat races with €5,000,000 (approx. ¥605,125,000) as of 2018.
The Melbourne Cup is one of the biggest annual flat race in Australia. It is a handicap flat race for Thoroughbred horses. It also has a purse of A$8,000,000 (approx. ¥593,620,000) as of 2018.
Dubai World Cup
The Dubai World Cup is considered to be the world’s richest horse race. It is for Thoroughbred horses. It has the highest flat horse race purse of $12 million (approx. ¥1,284,762,000) as of 2019.
The Kentucky Derby
The Kentucky Derby is one of the major Thoroughbred horse races in the United States. This is considered to be the first tournament for horses to win the Triple Crown title in U.S. horse races. It is a Grade 1 stakes race with a purse of $3 million (approx. ¥321190500) as of 2019.
READ MORE: The Horse Races You Should Know