Moonee Valley Gold Cup Moonee Valley Gold Cup The Moonee Valley Gold Cup is a registered Moonee Valley Racing Club Group 2 Thoroughbred horse race for horses aged four-years-old and upwards under Set Weights with penalties conditions, over a distance of 2,500 metres, held annually at Moonee Valley Racecourse, Melbourne, Australia in late October on WS Cox Plate Day. Prize money is A$500,000. The event is the last major long distance event to be run before the Melbourne Cup. Kingston Rule was the only horse to win the Melbourne Cup after winning the Moonee Valley Cup in 1990. The Moonee Valley Cup has seen
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