The owner of the winning horse in Saturday’s inaugural running of the CTS Million Dollar at Kenilworth will receive a recordbreaking payout amounting to R 8 392 500.
The winning jockey will bank R839 250 for just under 90 seconds work.
Stakes will be paid up to fifth place, where R671 400 is payable.
Africa’s richest horserace ever has generated unprecedented interest and a field of sixteen 3yo’s will be despatched at 16h40 from the 1400m on the Kenilworth summer course.
A rand/dollar conversion rate of 16,785 was announced earlier this week by CTS Chief Operating Officer, Adrian Todd.