It’s proposed to be the richest race to be run in Australia, $10m, not just that - the best prize for any turf race in the world, scheduled for Randwick on Caulfield Guineas day October 14 this spring.
Thus it eclipses the world’s best turf race - the $6.8m for the Prix de l'Arc de Triomphe and of course the race that stops a nation, the $6.2m Emirates Melbourne Cup.
But in typical Racing New South Wales style, along with its “partnership” with the Australian Turf Club, from nowhere comes the announcement Wednesday of The Everest and its alluring $10m kitty.
Such work to establish a kitty so universally appealing and impressive should obviously be acknowledged and is but not until some compelling queries are answered and 12 horses are in starting gates at Randwick on October 14.
While The Everest has been well lauded with the appropriate benign snatch grabs quotes of back slapping and cheer leading, let’s assemble at base camp and ask the appropriate questions before ascending to the summit of Australian racing.
And that is not to knock the thought of planting the flag atop the tallest peak of prizemoney achievement but much detail remains unanswered in a quaint five page online brochure on the RNSW website.
So participants are buying slots in the race basically fund this? But it is more than that. It is a $600,000 one-year nomination that requires a $1.8m three-year commitment, with ...