Australia’s richest horse race seems set to lastly achieve group 1 standing.
Racing Victoria has repeatedly denied Racing NSW’s requests to have the $20 million Everest upgraded to the best classification in Australian thoroughbred racing.
However based on a report from The Sydney Morning Herald, a change on the prime of Racing Victoria has seen that deadlock lifted.
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A brand new algorithm can even be launched for Australian group racing.
Six races, together with The Everest, are set to be upgraded to Group 1 standing, with 5 of them Sydney-based occasions.
In response to The Herald, the Premiere Stakes, Russell Balding Stakes, Golden Eagle and The Shorts will all be elevated.
The All Star Mile is the Victorian race that may get the nod.
Affirmation of the upgraded races is anticipated on Monday, two days after the Victorian spring racing carnival started at Caulfield.
The Everest has doubled its prize cash from $10m to $20m within the seven years because it was created by Racing NSW and the Australian Turf Membership.
Suppose About It took out final yr’s 1200m race at Randwick, with different winners together with Redzel and Nature Strip.