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World's Richest Thoroughbred Horse Races

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World's Richest Thoroughbred Horse Races
I think wikipedia has a problem with world's richest horse races on turf, dirt , country etc.  There is no single authority cited for such statements althought the blue book published by the International Federation of Horseracing Authorities could be a useful starting point but not all rich races are currently graded (eg quite a few in Australia, The Everest is not graded. Claims are often self serving with manipulation of forex rates rates among the sins committed by fans.
The best measure I have been able to come up with is the amount of the first prize given some major races might only pay prizemoney down to fourth (eg Kentucky Derby) and other races give every runner what amounts to an appearance fee. (As an aside my research suggests that in the 19th century it was not uncommon for a winner take all approach which gradually moved to about 10% for second and refund of entry fees (or stakes) for third.  France may well have been the first to make regular payments to third and later to fourth.  France is also still notable for the payment of owner and breeder premiums in addition to prizemoney.  Ksar (FR) 1918  earned a considerable sum in breeder premiums.)   In measuring the richest races I would exlude owner / breeder premiums, small stake amounts (eg Japan) and bonuses are they are not certain. But I would include them in horse eanings as Japan, Australia and USA do because it should be about the amount the horse earns not, eg, what the owner breeder, vendor or lessee earns individually (racingpost.com generally excludes such amounts whereas francegalop.com itemises each category). As a further aside I note the racingpost.com generally reports a lower first prize for races in Ireland in euros than does the official Ireland horse racing website, Horse Racing Ireland (hri.ie).
Below is a table showing races where first prize is at least USD 1,000,000 (AUD 1,508,296)  (forex rates at 30 June 2023) (excludes possible breeders / owners premiums, incidental stakes  and bonuses)
I have found 60 races that exceed the USD first prize minimum of USD 1,000,000 that have been run in 2023 or are known to be programmed to run up to April 2024.  Where race increases have been announced but first prize is uncertain or 'TBA' I have set the first prize at the proportion of the previous years race first prize / total prize.  Forex rates are those at 30 June 2023 (broadly the mid point of the northern hemisphere 2023 racing year) taken from the Reserve Bank of Australia website (rba.gov.au).  
The 60 comprise 2 from Saudi Arabia (including worlds richest race the Saudi Cup), 4 from Dubai, 20 from Australia, 14 from Japan, 10 from USA, 1 from France, 8 from Hong Kong and 1 from UK (Epsom Derby).
With first prizemoney between USD 900,000 or more (AUD 1,357,466) and USD 1,000,000 I have found another 2 from USA, 1 from France, 1 from UK (Champion Stakes), 1 from Japan, 7 from Hong Kong and 4 from Saudi Arabia.  The King George and QE II Stakes (UK) first prize is below USD 900,000
US, UK and France prizemoney has been static for a number of years while Japan, Hong and Australia have had significant increases.
Of the 60 listed below, the few races run on dirt have '(dirt)' appearing after the racename, all others being run on grass/turf:
Saudi Cup (Dirt) Saudi Arabia USD 12,000,000
Dubai World Cup (Dirt) Dubai, UAE USD 6,960,000
The Everest Sydney, Australia USD 4,641,000
Golden Eagle Sydney, Australia USD 3,480,750
Dubai Sheema Classic Dubai, UAE USD 3,480,000
Japan Cup Tokyo, Japan USD 3,456,005
Arima Kinen Nakayama, Japan USD 3,456,005
Breeders' Cup Classic (Dirt) USA USD 3,300,000
Prix de l'Arc de Triomphe France USD 3,105,740
Melbourne Cup Melbourne, Australia USD 2,917,200
Dubai Turf Dubai, UAE USD 2,900,000
Hong Kong Cup Hong Kong USD 2,618,768
Hong Kong Mile Hong Kong USD 2,327,793
Breeders Cup (Turf) USA USD 2,200,000
FWD QEII Cup Hong Kong USD 2,036,819
Tokyo Yushun (Derby) Tokyo, Japan USD 2,073,603
Caulfield Cup Melbourne, Australia USD 1,989,000
Cox Plate Melbourne, Australia USD 1,989,000
Hong Kong Sprint Hong Kong USD 1,891,332
BMW Hong Kong Derby Hong Kong USD 1,891,332
Queen Elizabeth Stakes Sydney, Australia USD 1,955,850
King Charles III Stakes Sydney, Australia USD 1,955,850
Kentucky Derby (Dirt) USA USD 1,860,000
Golden Slipper Sydney, Australia USD 1,856,400
Hong Kong Vase Hong Kong USD 1,745,845
The Quokka Perth, Australia USD 1,657,500
FWD Champions Mile Hong Kong USD 1,600,358
Chairman’s Sprint Prize Hong Kong USD 1,600,358
Pegaus World Cup Invitational (Dirt) USA USD 1,680,000
Doncaster Mile Sydney, Australia USD 1,524,900
Tenno Sho (Spring) Kyoto, Japan USD 1,520,642
Takarazuka Kinen Hanshin, Japan USD 1,520,642
Tenno Sho (Autumn) Tokyo, Japan USD 1,520,642
Red Sea Turf Hcp Saudi Arabia USD 1,500,000
Osake Hai Hanshin, Japan USD 1,382,402
Kikuku Sho (St. Leger) Japan USD 1,382,402
Satsuki Sho (2000 Guineas) Nakayama, Japan USD 1,382,402
Mile Championship Kyoto, Japan USD 1,244,162
Yasuda Kinen Tokyo, Japan USD 1,244,162
Neds Caulfield Guineas Melbourne, Australia USD 1,193,400
Champions Stakes Melbourne, Australia USD 1,193,400
Champions Sprint Melbourne, Australia USD 1,193,400
Champions Mile Melbourne, Australia USD 1,193,400
All Star Mile Melbourne, Australia USD 1,180,140
Sprinters Stakes Nakayama, Japan USD 1,175,042
Takamatsunomiya Kinen Chukyo, Japan USD 1,175,042
Dubai Golden Shaheen (Dirt) Dubai, UAE USD 1,160,000
Gold Coast Magic Millions 2YO Classic Gold Coast, Australia USD 1,153,620
Gold Coast Magic Millions 3YO Guineas Gold Coast, Australia USD 1,153,620
T J Smith Stakes Sydney, Australia USD 1,143,675
Giga Kick (Winners) Stakes Sydney, Australia USD 1,143,675
Derby Stakes United Kingdom USD 1,118,616
Breeders Cup Juvenile (Dirt) USA USD 1,100,000
Breeders Cup Juvenile Fillies (Dirt) USA USD 1,100,000
Breeders Cup Longines Distaff (Dirt) USA USD 1,100,000
Breeders Cup Filly & Mare Turf USA USD 1,100,000
Breeders Cup Mile (Dirt) USA USD 1,100,000
Breeders Cup Sprint (Dirt) USA USD 1,100,000
The Big Dance Sydney, Australia USD 1,044,225
Yushun Himba (Oaks) Tokyo, Japan USD 1,036,802

14.201.236.231 (talk) 09:00, 20 October 2023 (UTC)[reply]