Crazy dollars to catapult Australia’s Everest to No.2 in the world

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Crazy dollars to catapult Australia’s Everest to No.2 in the world
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The $15 million prizemoney in Australia’s richest horse race, The Everest, is set to climb to a staggering $20 million. 7NEWS

Racing NSW chief Peter V’landys has been hinting that a hike to the purse is on the way, and that is now expected to be officially announced in the coming days.Watch, Stream & Catch Up with your favourite Horse Racing events on the home of Seven's Horse Racing coverageWith the additional $5 million added to the prizemoney, the race will be the second richest in the world.

While the Melbourne Cup has the history - and was once the richest in the nation - it has fallen well behind The Everest in prizemoney, currently standing at $8 million.

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