Some of the most popular horse racing events in Australia and around the world are Group 1 Races. Group 1, also sometimes known as Group One or Grade 1, is the highest level of thoroughbred racing worldwide, international horses and their trainers will travel the globe to enter these races in hopes of taking home a Group 1 victory.
In addition to the glory, Group 1 races offer huge prize pools, with a minimum of $300,000 a race all the way up to the $8 million dollar The Melbourne Cup, Australia’s most loved race. There are also other grades of note aside from Group 1 – Group 2 and 3 are the classes underneath Group 1 and still provide thrilling racing action from horses that can rise to Group 1 status in the future.
Some of the biggest Group 1 races held every year in Australia include; The Melbourne Cup, Cox Plate, Queen Elizabeth Stakes, VRC Oaks, Caulfield Cup, Victoria Derby and the Caulfield Guineas. Most of the Group 1 races are held at either Flemington Racecourse in Melbourne or Randwick Racecourse in Sydney as part of their respective racing carnivals.