The Hong Kong Jockey Club, the Japan Racing Association, the Melbourne Racing Club and the Dubai Racing Club jointly. The Asian Mile Challenge actively promotes international competition between the participating countries

US$12.6 million racing series announced as 2006 Asian Mile Challenge is launched

The richest mile series in horse racing history was launched in Tokyo today with the announcement that the 2006 Asian Mile Challenge will be worth approximately US$12.6million in prize-money and bonuses.

The Asian Mile Challenge was first run in 2005 and incorporated the Hong Kong Jockey Club’s US$1,033,000 Champion’s Mile in Hong Kong and the Japan Racing Association’s US$2,000,000 Group 1 Yasuda Kinen in Tokyo.

But for 2006 the Asian Mile Challenge has been expanded to include Melbourne Racing Club’s Group 1 US$527,000 Futurity Stakes and Dubai Racing Club’s Group 1 US$5,000,000 Dubai Duty Free.

Open to horses from around the world, the Asian Mile Challenge will begin at Caulfield Racecourse in Melbourne on March 4 before continuing at Nad Al Sheba in Dubai on March 25, Sha Tin in Hong Kong on May 7 and concluding at Tokyo Racecourse on June 4.

Collective prize-money for the four races totals approximately US$8,600,000 however a bonus structure has been put in place to further reward those willing to take on the challenge and travel their horses.

A bonus of US$4,000,000 will be paid should a horse win all four races in the Asian Mile Challenge, US$2,000,000 will be paid for three wins and US$1,000,000 for any two wins.

http://www.asianmilechallenge.com/2006/english/amc06_index.asp