The Maharaja’s Gold Cup, with an increased total prize money of ₹50 lakh, will be held at Bangalore Turf Club (BTC) here on Sunday. This edition of one of the oldest races in India is co-sponsored by Zavaray Poonawalla.
“The Maharaja’s Gold Cup was the most iconic event in Indian racing. The Derby came later. We want to bring back the iconic status associated with the Maharaja’s Gold Cup. The Maharajas in the 19th century instituted the race at the Agram Ground, which was later run at the current BTC premises.
“Records show that the winner’s prize money for the Maharaja’s Gold Cup back then was ₹2,000, which was a humungous amount at the time,” BTC Chairman Uday Eswaran said at a press conference here on Friday.