Horse racing in Japan the post Second World War economic boom. The Japan Racing Association was formally established in 1954. The Japan Cup, one of the richest horse races in the world, was inaugurated in 1981. Run at Tokyo's Fuchu Racecourse on the last Sunday in November, it continues to attract thoroughbreds from all over the world. The JRA manages the ten main tracks in Japan. Races at these tracks are called "Chuo Keiba" (meaning "central horse racing"). It provides some of the richest racing in the world. , a typical JRA maiden race for three-year-olds carried a purse of ¥9.55 million (about US$112,000),
Horse racing of Racing (NAR). Between them they conduct more than 21,000 horse races a year. The JRA is responsible for 'Chuo Keiba' (meaning 'central horse racing'), taking place on the ten main Japanese tracks. The NAR, meanwhile, is responsible for 'Chihou Keiba' (meaning 'local horse racing'). Racing in Japan is mainly flat racing, but Japan also has jump racing and a sled-pulling race known as Ban'ei (also called Draft Racing). Japan's top stakes races are run in the spring, autumn, and winter. These include the country's most prominent race - the Grade 1 Japan Cup, a 2,400 m (about 1½ mile)