It’s nonsense that The Everest isn’t a group 1 race. Any argument about it being showy or gimmicky is irrelevant when you examine Racing Australia’s rules and The Everest’s ratings since its inception.
More than 40,000 people will converge on Royal Randwick on Saturday for the seventh running of The Everest. The betting turnover on the race will be tens of millions of dollars. Neither factor confers any particular status on the race.
When dispassionately contemplated, it constitutes an absolute nonsense that The Everest, viewed solely through the prism of it being a 12-horse race, isn’t conferred with highest-level group 1 status – the same classification, that is held by the Melbourne Cup, Cox Plate, Golden Slipper and around 70 more races throughout Australia.
For this is where things get confusing. Decisions about classifications of Australia’s races are made by Racing Australia’s Pattern Committee. In 2011, the Australian Racing Board , together with ARF’s almost 30 members, resolved to adopt ARF’s Ground Rules. These serve as the rules to be applied for the conferral of elite, black type and group status.
In turn, that benchmark is calculated by obtaining the year-high World’s Best Racehorse Ranking for that year, for each of the first, second, third and fourth placegetters in the race, and then averaging the rankings of those horses. For example, Yes Yes Yes, which won the 2019 The Everest, had a 2019 WBRR ranking of 120. Nature Strip, which won the race in 2021, had a year-highest ranking of 124; Gytrash, which came third in 2020, 118.
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