Next year’s Dubai World Cup meeting will be even richer after organisers confirmed the jackpot has increased from $30 million to $35 million.

The event, which is the final meeting of the UAE horse racing season will be held on March 30 next year and enhances its status of being the world’s richest race.

The Group 1 Dubai World Cup receives a $2 million boost to $12 million and boasts a $7.2 million purse to the winner; the highest first-place prize in global thoroughbred racing.

The Group 1 Dubai Golden Shaheen receives a $500,000 boost to $2.5 million.

At 1200m on dirt, the truly global affair has been won by horses from the United States, UAE, Hong Kong and Singapore among its previous seven victors and becomes the richest dirt sprint in the world.

Enhancing its status as one of the top turf sprints in the world, the Group 1 Al Quoz Sprint s will see its purse double to $2 million. The 1200m grass dash will now be among the richest in the world of its kind.

While the Group 1 $6 million Longines Dubai Sheema Classic (2400m, turf), Group 1 $6 million Dubai Turf (1800m, turf) and Group 1 $1 million Dubai Kahayla Classic (2000m, dirt, Purebred Arabians) all maintain their impressive credentials.

The remaining three races—all Group 2 events—will receive $500,000 purse hikes.

The UAE Derby will become the richest dirt “Derby” in the world with a purse of $2.5 million, consequently raising it to be the second-richest race in the world for 3-year-olds on any surface.