The increase in prize money for the major spring races is creating worldwide interest.

With the increase in prize money for the Melbourne Cup to $7 million, the Caulfield Cup $5 million, and the Cox Plate to $5 million, Melbourne will be the Mecca of racing.

The prize money and the availibility of air freight for livestock, the world has become a much smaller place.

Entries close for the major races on August 30th, there is certain to be an increase in numbers from last year, when 140 were entered for the Major Cup.

Our prize money is extremely good compared to the United Kingdom, the betting exchanges receive the lions share, while racing picks up the crumbs.