Manikato Stakes Manikato Stakes The Manikato Stakes is a Moonee Valley Racing Club Group 1 Thoroughbred horse race for horses aged three years old and over under Weight for age conditions, over a distance of 1200 metres. It is held at Moonee Valley Racecourse in Melbourne, Australia in late October. Total prize money for the race is A$1,000,000 The race is named after the great race horse Manikato, who won this race twice as well as winning 5 consecutive wins in the William Reid Stakes at Moonee Valley from 1979 to 1983. In 2009 the event was part of the Breeders' Cup
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