$1.5m grand prix cancelled after lack of interest

Organisers have pulled the plug on an innovative $1m-to-the-winner grand prix owing to lack of interest.

The inaugural edition of the Split Rock Jumping Tour’s (SRJT) “ante up” contest had been scheduled to debut on 7 April at the Pomponio Ranch in Sante Fe, California.

The new concept class had a $1.5m (£1.16m) prize pot but called for a mighty $125,000 (£96,400) entry fee.

Although the jackpot rivalled show jumping’s richest prize, the Spruce Meadows masters in Canada, it called on riders to gamble their own or their backers’ money on the odds of a big pay day.

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Article written by: Sarah Radford