Steeplechase (horse racing) the set-weights-and-penalties Hiskens Steeple run at Moonee Valley. The Hiskens is regarded as the Cox Plate of jumps racing. The most famous Australian horse in the field was Crisp, who was narrowly beaten by the champion Red Rum in the 1973 English Grand National. Crisp subsequently beat Red Rum at set weights. More recently Karasi has won the Nakayama Grand Jump, the world's richest jumps race held in Japan, three times. Jumps racing was set to end in Victoria after the 2010 season. In September 2010, having satisfied a limit on the maximum number of deaths among starting horses, hurdle
Horse racing wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time. The Korean War disrupted the development of horse racing in the country, but after the Seoul Olympics in 1988, the Olympic Equestrian Park was converted into racing facilities named Seoul Race Park, which helped the sport to develop again. The big race in the UAE is the Dubai World Cup, a race with a purse of US$10 million, which was the