This year, the Stronach Group, which owns Gulfstream Park and heads the Pegasus World Cup, announced major changes to the series. Both races will be run entirely medication free, as part of an industry-wide push for more safety and transparency in horse racing.
Additionally, all entry fees will be waived as purses drop. Entry fees for the Pegasus have peaked as high as $1 million in past years. The Pegasus World Cup’s purse was dropped from $9 million in 2019 to $3 million this year, and the Pegasus World Cup Turf also saw a $6 million purse decrease from $7 million to $1 million. The Stronach Group also announced that 2 percent of the purses will be donated to caring for retired Thoroughbreds ready to be retrained and