Royal Ascot, a five-day horse racing event in Berkshire, England, is underway with a record $10.5 million in prize money up for grabs.
Regarded as one of the most prestigious events in horse racing, Royal Ascot is poised for its best year yet as it gains international attention, leading to record payouts for its participants.
This year’s total prize pool is an 18% increase compared to 2019’s pre-pandemic event.
35 races will be held across five days.
The event will air in more than 170 territories across more than 20 broadcasters.
Royal Ascot will have a plethora of races throughout the week, but its marquee event, the Gold Cup, will take place on Thursday.
The 2-plus-mile race — also known as Ladies Day — will see the winner pocket $345,000.