The Pegasus World Cup is a Group 1 flat race ran over the distance of 1.8 miles.
Whilst many of the most reputable horse racing events in the world have been established for over a century, this is not the case with the Pegasus World Cup Invitational Stakes. This is a recent addition to the American equestrian calendar, with the face first run in 2017.
The prize money for the most recent race was $3 million.
Named after the flying horse of Greek myth, The Pegasus Cup quickly made an impression thanks to the substantial prize money available to the winner of the race in its first year.
The race is managed by the Stronach Group, owners of the race’s venue, Gulfstream Park-based in Hallandale Beach, FL, USA. The Pegasus World Cup arrived on the scene with a bang and The Stronach Group are major players in the world of US racing, and it’s not hard to see why.
For a spell, this was the richest race in the world, however, Global events saw the 2020 purse drop to $3 million – still hugely impressive though!
The track also hosts other leading events, including the Pegasus World Cup Turf Stakes. This race replaced the Gulfstream Park Turf Handicap in 2019, and perhaps unsurprisingly, is run on the same day as the Pegasus World Cup Invitational Stakes – making it a day of racing to remember.
Entering the Pegasus World Cup
The Pegasus World Cup Invitational Stakes and Pegasus World Cup Turf Stakes are both open to thoroughbreds aged 4 or over.
As an invitational series, there is an entry fee for any stakeholder wishing to enter their house to the race. This was initially $1 million but has steadily dropped over the years.
In 2020, entry to the invitational series was free – though the purse was also reduced accordingly, with the most recent prize money totalling $3 million. That’s still plenty, but it’s a drop in the ocean compared to the rewards for victors in 2017 and 2018.
Most Successful Horse
As is perhaps fitting for such a competitive event, no horse has won the Pegasus World Cup more than once.
The event has seen four different winners each year:
2017 – Arrogate (ridden by Mike E. Smith, completed in a time of 1:46.83)
2018 – Gun Runner (ridden by Florent Geroux, completed in a time of 1:47.41)
2019 – City of Light (ridden by Javier Castellano, completed in a time of 1:47.71)
2020 – Mucho Gusto (ridden by Irad Ortiz Jr., completed in a time of 1:48.85)
The Pegasus World Cup Turf Stakes has been unfolding much longer, albeit under it’s previous name of the Gulfstream Park Turf Handicap. Despite running since 1986, however, only one horse has won this event twice.
Einstein crossed the post first in 2006 (ridden by Rafael Bejarano) and 2008 (ridden by Jose Lezcano). In both instances, Einstein was trained by Helen Pitts-Blasi. Eistein also went on to win the 2008 Turf Classic Stakes on the day of the Kentucky Derby, and the Clark Handicap – also held at Churchill Downs in Louisville, KY.
Most Successful Jockey
Just as the Pegasus World Cup has seen four different winning horses each year, it has also seen four different victorious riders. This is perhaps unsurprising. No owner would pay $1 million to enter an invitational series unless they had confidence in their man riding their thoroughbred. Irad Ortiz Jr. was the winner of 2020’s $3 million prize.
The Pegasus World Cup Turf Stakes, meanwhile, has a handful of names inscribed in legend. Jerry Bailey rode to victory seven times in eleven years between 1992 and 2003. Bailey’s closest rival is José A. Santos, who notched up four wins between 1986 and 1998.
Most Successful Trainer of the Pegasus World Cup
As the Pegasus World Cup Invitational Stakes is a new event, no trainer has really had the opportunity to become a legend of Gulfstream Park.
Bob Baffert is the first trainer to claim two wins though, in 2017 with Arrogate and 2020 with Mucho Gusto.
Before the Gulfstream Park Turf Handicap became the Pegasus World Cup Turf, William I. Mott was the undisputed king trainer. Mott trained five winners of the event between 1993 and 2001 – including three successive victories either side of the millennium.
Pegasus World Cup 2024 Odds
The odds are not available for the Pegasus World Cup in January 2024 just yet.
Prize Money at the Pegasus World Cup
The Pegasus World Cup Invitational Stakes was the world’s most lucrative horse race for the first two years of its existence. This event superseded the Dubai World Cup, peaking in 2018 with an eye-watering $16 million purse.
The prize money at the Pegasus World Cup 2019 dropped to ‘only’ $9 million. Still not bad for two minutes of work, but no longer the richest race in the game. The prize money understandably dropped further in 2020 in the face of the COVID-19 pandemic, with winning jockey Irad Ortiz Jr. pocketing the lion’s share of the $3 million purse.
It’s not all bad news for entrants, though. As the prize for winning the Pegasus World Cup Invitational Stakes has dropped year on year, so has the entry fee for getting a shot to do so. Runners in 2017 and 2018 needed to lay down a cool $1 million to enter in 2017 and 2018. By 2019, this had been halved to $500,000. In 2020, it was free to enter the race.
Attending the Pegasus World Cup
If you’re keen to attend the Pegasus World Cup Invitational Stakes and the Pegasus World Cup Turf Stakes, book yourself a flight to Florida in the winter of 2021.
The fifth annual World Cup race is currently scheduled to be run on January 31st of this year, preceded by the Pegasus World Cup Turf Stakes. As always, these races will be held at Gulfstream Park. The nearest airport is Fort Lauderdale (FLL), which is just six miles from the track.
Pegasus World Cup Betting 2024
Looking for the best odds?
If you are looking to bet online we recommend the following great deals, as well as checking out the best betting sites around reviewed by our teams:
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Both Pegasus horse racing events are major players in the US equestrian calendar.
If you’re a racing enthusiast that is looking for a sunshine break in the winter, a trip to Gulfstream Park in January could become a fine annual pilgrimage.
You’ll witness some hugely competitive racing, and get to bask in the unique atmosphere provided by the ever-impressive Gulfstream Park venue.
James Dooley is a UK entrepreneur who founded British Racecourses because of his love for horse racing. James owns 14 racehorses through Dooley Thoroughbreds, so he understands all aspects of horse racing, from wagering bets, and booking jockeys to sourcing the best horse racing trainers. James Dooley’s connections give him inside information on horse racing tips and best chances of a winner.
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Paddy Power is one of the best online and high-street bookmakers in the UK & Ireland. Many punters love Paddy Power not just for great odds, racing coverage, Paddy Power best odds guaranteed, Paddy Power cash out betting and deposit options but also because of their quirky and brilliant Paddy Power TV ads. Find out why Paddy Power is rated the top Irish betting site by punters year after year by both Irish punters and those across the UK. Check out the Paddy Power new customer offer today, as one of the best UK betting sites in the UK it’s a good one, valid with any new account being registered. Read more about the Paddy Power welcome bonus today. T&Cs apply.
Ladbrokes is rated the best UK betting site time after time in many independent sports betting website reviews. It is easy to see why Ladbrokes is rated so highly for horse racing and sports betting, and Ladbrokes are firmly established as one of the best horse racing betting sites, offering everything you would expect from a trusted bookmaker but also keeping itself fresh. If you are looking for a new betting platform or betting app, Ladbrokes are a great choice. Ladbrokes provides bettors with an odds boosts so that they can enhance the prices of their selections. The specific perks of Ladbrokes including Ladbrokes BOG, live streaming and more in our review, where we highly recommend Ladbrokes for all sports betting. Check out the Ladbrokes new customer offer today – listed below – and enjoy horse race betting with this world leader. One of the best horse racing betting site options around. T&Cs apply.
Virgin Bet is one of the top horse racing betting sites so if you are looking for a new betting site we strongly recommend them. Virgin Bet has the range of brilliant features you would expect from all the top-rated UK betting sites, this means Virgin Bet have great odds, live streaming, a range of sports marketing markets and even cash-out options. Virgin Bet covers sports such as racing, football, rugby, boxing and tennis. To find out more about why Virgin Bet is also one of the best online bookies in the UK read our review, where we focus on all of their sports betting options, where you can also check out their new customer and new customers offer options today. Virgin Bet offer a great betting experience time after time so you can place bets safely and easily. A leader in UK horse racing betting. T&Cs apply.
Unibet is one the new and most exciting horse racing betting sites UK-wide. Unibet has been voted the best new UK bookmaker in many recent new betting website lists and betting surveys. We think Unibet are definitely one of the best bookies for online betting for a whole range of reasons; including a big range of payment options, live streaming, and extensive UK, Irish and worldwide racing coverage. Unibet is gathering gaining a lot of new punters and fans who all enjoy its easy-to-use website and outstanding Unibet betting app. For more information about Unibet check out our Unibet review today where we analyse this top betting site in more detail. Be sure to check out their new customer offer today and enjoy horse race betting with this world leader, as well as their large sports markets and casino games. They often have free horse racing bets – terms and conditions apply – so keep your eyes open for those. T&Cs apply.
The Spreadex Betting app is the best spread betting app in the UK. The spread-betting way of betting is new on the market and is growing in popularity with punters for horse racing and football. The Spreadex betting app is one of the best for sports betting, offering everything a punter would need, for that reason, Spreadex features in all top betting reviews. If you are looking for the best spread betting options you should definitely consider them, they also have some great sign-up offers for new customers. Check out our full review of Spreadex and find out why they are so popular, you can also check out their new customer offer today in more detail. T&Cs apply.
Betway is another top UK bookmaker which has made our best online bookie list year after year. Betway is considered a top-rated bookmaker thanks to a range of sports options to bet, great odds, good customer service and a slick betting app interface. Betway has consistently featured in our list of the best online bookmakers and betting apps mainly due to its popularity with its current loyal punters. Betfair have been around for a number of years and it is clear to see where their popularity is so strong as they offer a great betting service on a full range of sports, although they are mainly racing experts. Check out the Betway new customer offer today and see if it could work for you. Highly recommended. T&Cs apply.
LiveScore Bet is a great sports betting site which offers a range of sporting events to place bets on. LiveScore is one of the best UK bookmakers around. LiveScore is popular with professional and casual punters as it offers great deals to new customers as well as looking after its army of loyal customers. It is worth pointing out that Livescore offers everything you can wish from a number 1 rated website, including great odds, BOG, live streaming and more. If you have never heard of Livescore we highly recommend that you check them out. Read our review of Livescore and make up your own mind and be sure to check out their new customer offer today. T&Cs apply.
Mr Play is a betting website with a different and modern approach. Mr Play has become a leading betting website, gaining fans across the UK. Mr Play has been voted the number 1 best new betting app by our fans previously and has been given favourable mentions by independent best betting site review sites, including the Independent betting review, Gambling.com best betting sites review, OLBG betting site list and more. It has received positive reviews for its easy-to-use interface, great odds, great sports betting markets and range of bet options. If you are interested in Mr Play betting website, check out their new customer offer today. T&Cs apply.
Parimatch is a great sports betting brand with a full range of online betting markets for hundreds of horse racing events in the UK and abroad. Parimatch is one of the best new online bookmakers for many reasons, they have great new Parimatch customer offers, great odds, live streaming and a good tipping service. If you are looking to find out more about the Parimatch betting app or Parimatch website, check out our independent review, we look at all the factors that make this new bookmaker a leading UK betting site. Check out their new customer offer today and you can experience the great betting service that they offer. T&Cs apply.
