Tesio Stakes Tesio Stakes The Tesio Stakes, is a registered Moonee Valley Racing Club Thoroughbred horse race which is run as the Powerflo Solutions Stakes (2018) is a Group 3 event for mares aged four years old and upwards under handicap conditions, over a distance of 1600 metres held annually at Moonee Valley Racecourse , Melbourne, Australia in late October on WS Cox Plate Day. Prize money is A$150,000. The race's registered name is in honour of the famous Italian horse breeder Federico Tesio (1869–1954). The sponsors of the race are usually associated with breeding are selling of thoroughbreds since the race
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