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Breeders Cup Update - September

As summer turns to fall, thoughts of many in horse racing turn to the Breeders' Cup. With this year's Breeders' Cup being contested over a synthetic surface at Santa Anita, horsemen have plenty to think about.

Many New York horsemen will be grappling with whether to prep their potential Breeders' Cup horses over a synthetic surface - such as Santa Anita's, Keeneland's, or Turfway Park 's - or stick close to home and run over the dirt course at Belmont Park .

Belmont 's 38-day fall meet opens Friday, and despite having some of the most tradition-rich stakes races on the calendar, racing secretary P.J. Campo admits to being concerned over where horsemen will opt to run.

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Breeders Cup Information:

The Breeders' Cup World Championships is an annual series of Grade I thoroughbred horse races operated by Breeders' Cup Limited, a company formed in 1982. From its inception in 1984 through 2006, it was a single-day event; starting in 2007, it expanded to two days. The location changes each year. All sites have been in the United States, except in 1996, when the races were at the Woodbine Racetrack in Canada.

The event was created as a year-end championship for North American thoroughbred racing, and also attracts top horses from other parts of the world, especially Europe. The Breeders' Cup was founded in 1982 by John R. Gaines, a leading thoroughbred owner and breeder. Before the Breeders' Cup expanded to two days, it was generally considered to be the richest day in sports. As of 2008, the second day of the Breeders' Cup is either the second- or third-richest, depending on definitions. In 2008, a total of $17 million will be awarded on that day, down from $20 million in 2007 (two races were moved from Day 2 to Day 1). The two events that are richer are:

* If one considers poker to be a sport, the final table of the World Series of Poker is the richest day in sports. The 2007 Main Event saw slightly over $22 million awarded at its final table, down from a record $38 million in 2006
* Another Thoroughbred racing event, Dubai World Cup Night, is now richer than Day 2 of the Breeders' Cup, featuring six races with combined purses of $21 million in 2008.

With the addition of three new races for 2008, a total of $25.5 million will be awarded over the two days, up from $23 million in 2007.