Del Mar faces price increase for California Chrome

Del Mar faces price increase for California Chrome

The price tag for California Chrome to run in Del Mar’s Pacific Classic this summer has been set at $2 million, the renowned racehorse’s trainer Art Sherman announced.

The Grade I Pacific Classic, which is scheduled to take place on 20th of August, has a purse of $1 million. Thus, a purse hike would take some negotiation with the Thoroughbred Owners of California.

Sherman said the Pacific Classic is on their agenda but they hoped the Grade I Pacific Classic would raise the purse to $2 million, which would allow them to get there.

Joe Harper, the president and chief executive of Del Mar Thoroughbred Club, “The horse is certainly worth it. Now the question is whether we can afford it. We’ll have to see. We’d love to have him. Maybe I can get Art down to $1.5 million.”

Last month, California Chrome scored an impressive victory in the $10 million Dubai World Cup. That was the renowned racehorse’s third victory in as many starts this year.

Earlier in November, the 5-year-old horse won in the Hollywood Derby on Del Mar’s Jimmy Durante Turf Course. In 2014, he was named Horse of the Year after winning the Kentucky Derby and Preakness.