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Dubai World Cup Purse To US$10 Million
Set to coincide with the proposed opening in 2010 of the new 76-million-square-foot Meydan racing complex in Dubai (believed to cost approximately US$1 billion), Dubai Racing Club officials announced the purse for the 2010 Gr1 Dubai World Cup will increase from US$6 million to approximately US$10 million. Dubai Racing Club Chairman Saeed H. Al Tayer commented: "As we are setting the benchmark in terms of world-class facilities, we want to complement that with increased prize money of approximately US$10 million to entice the best horses in the world for the opening of Meydan for the 2010 Dubai World Cup."