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 turf. Some of the most famous racers are Irineo Leguisamo, Vilmar Sanguinetti, Marina Lezcano, Jorge Valdivieso, Pablo Falero and Jorge Ricardo. The Carlos Gardel's tango Por una cabeza is about horse racing, sport of which he was a known fan. Gardel was a good friend of Irineo Leguisamo, who is the most recognized Argentine jockey. At many horse races, there is a gambling station, where gamblers can stake money on a horse. Gambling on horses is prohibited at some tracks; Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden,