Cash boost makes Sydney's The Everest world's second-richest horse race

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Cash boost makes Sydney's The Everest world's second-richest horse race
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SYDNEY: Sydney's racing flagship The Everest boosted its prize money Sunday to A$20 million (US$13.4 million), becoming the world's second-richest thoroughbred race behind only the Saudi Cup. The annual October meeting at Royal Randwick will also see a new A$5 million King Charles III Stakes to be run on t

SYDNEY: Sydney's racing flagship The Everest boosted its prize money Sunday to A$20 million , becoming the world's second-richest thoroughbred race behind only the Saudi Cup.

"The King Charles III Stakes creates a new level of excitement for the Sydney Everest Carnival with a feature open age mile race boosting an already mouth-watering Everest Day meeting," Racing NSW chairman Russell Balding said in a statement.

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