| As a result of the investment by Qatar’s sovereign wealth fund – the Qatar Investment Authority (QIA) – total prize money has soared from £2 million (Dh11.4m) to £4.5m. One race alone, the Group 1 Qatar Sussex Stakes, will be run for £1m, £700,000 more than last year, and Goodwood says this makes it one of the most significant mile runs in the world.
Now known as the Qatar Goodwood Festival – although the traditional “Glorious Goodwood” title lives on in the organisers’ publicity – the event runs for five days at what the organisers call “the most beautiful racecourse in the world”...............................................Full Article: Source
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