Daily Staff Report
CHARLES TOWN, W. Va. - The Charles Town Classic (G2) is taking the next step up in the hierarchy of handicap division races as the fifth running, to be held on April 20, 2013, will offer a guaranteed purse of $1.5 million.
The new purse is a $50,000 increase from the $1 million in available money offered since its inception. With the increase, the Charles Town Classic now stands as the richest thoroughbred race run in the country outside of the Kentucky Derby and Breeders' Cup.
"In addition to furthering the Charles Town Classic as a race that positively impacts the overall brand of our racing, we're excited to put on this type of event for our fans in April," said Hollywood Casino at Charles Town Races Vice President of Racing Operations Erich Zimny.
The increase also moves the race up on the global scale in the handicap division, eclipsed only by the Dubai World Cup, Breeders' Cup Classic and a trio of races in Japan in terms of money offered to participants.
The winner of the 2013 Charles Town Classic will be guaranteed a flat payout of $1 million, with the remainder of the purse being divided amongst the other participants.