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$10 Million Melbourne Cup Possible In 2010
Meanwhile, although not yet confirmed by the VRC, The Daily Telegraph reports there is speculation the high profile racing club "could increase Melbourne Cup prizemoney to $10 million" for 2010, which is the year the race celebrates its 150th anniversary running. Although a stakes increase is generally anticipated to coincide with the 2010 event, even should it occur it would still be eclipsed by that of the Dubai World Cup which is likely to be worth at least $12 million if plans announced after this year's Dubai Carnival go to schedule.