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30-538: The Futurity Trophy is a Group 1 flat horse race in Great Britain open to two-year-old thoroughbred colts and fillies . It is run at Doncaster over a distance of 1 mile (1,609 metres), and it is scheduled to take place each year in late October. The event was established in 1961 and was originally called the Timeform Gold Cup. It was founded by Phil Bull , the creator of Timeform , and

60-534: A handicap (expecting the European Free Handicap ), may not be divided into two or more divisions, may not have a standard entry fee exceeding 2% of the purse, must be open to geldings (excepting Group 1 races restricted to two- or three-year-olds), and must have a permanent element in the title. In addition, Group 1 races may only have sex and weight-for-age allowances, with no other weight penalties. France, Germany, Great Britain, and Ireland are

90-568: A comprehensive Pattern of black type races with an emphasis on high-class, non-handicap races, limited in number and spread throughout the season to encourage the best horses to face each other. With the general principles laid out, Lord Porchester headed a further committee in 1967 to identify specific races, both in Britain and in other countries. By the late 1960s, a state of crisis had developed with regards to international racing in Europe. At

120-618: A list of Principal Races that qualified for black type. By the mid-1980s, international agreement had been made that all graded/group races would qualify for black type designation. In 1985, concern was raised regarding a lack of opportunity to earn black type in North American compared to Europe due to the lower percentage of stakes races. This led to the development of ungraded or non-listed black type races in North America. In 1985, unrestricted allowance or handicap races with

150-642: A minimum for the race's age/sex division, or it loses black type status. From 1971 to 1984, the top three finishers in a Graded/Group race were granted black type status. In 1985, this was expanded to the top four finishers in Graded/Group races and the top three finishers in qualified races in North America. Starting in 1989, races in Part III countries were no longer recognized as black type and rules were amended so that only in Group/Grade 1 races were

180-480: A purse of $ 30,000 or greater were given black type status and designated with a Q for Qualified Race. Other added money or black type races were designated with an O or OR. In 1986, new rules for black type status in North American races were drawn up, defining listed stakes with purses of $ 50,000 or more and other added-money stakes with purses of $ 15,000 (raised to $ 20,000 in 1987) to $ 49,999. The minimum purse to qualify for black type status for other added-money stakes

210-575: Is a trade organization for Thoroughbred racehorse owners and breeders . Founded in 1961, the TOBA's stated mission is to "improve the economics, integrity and pleasure of the sport on behalf of Thoroughbred owners and breeders." Through its American Graded Stakes Committee, the TOBA is responsible for annually evaluating and setting a Graded stakes race designation for races in the United States whose recent editions have consistently represented

240-650: Is the accepted authority for Group and Listed status in Australia. In Europe the designation of flat races is agreed by the European Pattern Committee. The Committee grades races depending on the average official ratings achieved by the first four finishers in a race over a three-year period. There is no minimum purse money across Europe. The breakdown is as follows: Under the European Pattern, Group and Listed races may not be run as

270-733: Is the accepted authority for Group and Listed status in the United Arab Emirates. The designation of graded status for jumps races is determined by individual countries. Among countries that run recognized jump races, the Czech Republic, France, Great Britain, Ireland, Italy, Japan, Switzerland, and the United States recognize some sort of Group/Grade status for jump races. Thoroughbred Owners and Breeders Association The American Thoroughbred Owners and Breeders Association ( TOBA ) based in Lexington, Kentucky

300-831: The Jockey Club of Canada established the Canadian Graded Stakes Committee to take over the task. In 2012, the North American International Cataloging Standards Committee announced the implementation of additional quality control requirements for non-listed black type races in North America. The Organización Sudamericana de Fomento del Sangre Pura de Carrera (OSAF) oversees the grading of stakes races in Argentina, Brazil, Chile, Peru, Uruguay and Venezuela. The Asian Pattern Committee

330-604: The Prix de l'Arc de Triomphe , Kentucky Derby , Melbourne Cup , Japan Cup , and Gran Premio Carlos Pellegrini . Group/Grade 2 Races that have significant international importance, but are below a championship standard. Examples include the Doncaster Cup , Black-Eyed Susan Stakes , Sandown Guineas , Daily Hai Nisai Stakes , and Grande Prêmio Bento Gonçalves . Group/Grade 3 Other races of note, mainly of national rather than international importance. Examples include

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360-588: The Royal Whip Stakes , British Columbia Derby , Hawkesbury Gold Cup , and Challenge Cup . Listed Races below the standard of graded or group races, but still run by horses of notable merit and performance quality. In 1943, Lord Ilchester 's Racing Reorganisation Committee first proposed the idea of a planned racing program for Great Britain. This idea was returned to in 1965, when the Duke of Norfolk 's Pattern of Racing Committee proposed formalizing

390-667: The Sha Tin Racecourse . The Asian Pattern Committee is the accepted authority for Group and Listed status in Japan, and the Japanese Graded Stakes Committee monitors and approves the grading system. All Japan Racing Association (JRA) graded stakes were opened to foreign-trained horses in 2010. In the United States and Canada, the equivalent are known as graded stakes races . The Thoroughbred Owners and Breeders Association (TOBA) manages

420-581: The Thoroughbred Owners and Breeders Association (TOBA) began a project grading North American stakes races and American races were first designated with graded designations, mirroring group designations in Europe. The categorical system stakes races began to spread to other countries, with Germany and Italy soon joining Great Britain, France, and Ireland in the European Pattern, Brazil starting to designate group races in 1975, Australia introducing group races in 1976, New Zealand doing

450-772: The ARB is accepted by the International Cataloguing Standards Committee (ICSC) for publication by The Jockey Club (US) in The Blue Book , thus providing international recognition for Australia's best races. Minimum purse values for group races in Australia are as follows: Australia has a total of approximately 540 to 550 Group races from a season total of almost 21,000 races. These races were collectively known as Principal Races until about 1979. Handicap races in Australia are eligible for group status. The Asian Pattern Committee

480-497: The American Graded Stakes Committee, which manages the determination of black type and grading of races in the United States. Minimum purse requirements for races are as follows: Graded races may be run in divisions (so long as the total purse among all the divisions is at least 150% that of the original purse) and may be handicaps. From 1973 to 1997, TOBA also graded Canadian races, but in 1998

510-504: The International Federation of Horseracing Authorities (IFHA), enforces quality standards for the designation of group and graded races internationally. The Group race system divides races into one of four categories, based on their prestige and quality. Group/Grade 1 The highest level, for races with major international importance considered to be of championship standard, including Classics . Examples include

540-514: The Pattern are gradual and evolutionary, thereby giving the racing industry time to adjust. In particular, the current European Pattern Committee "Ground Rules" explicitly state that no race may be upgraded by more than one Group in any one year. Great Britain has minimum purse values for some group races, as follows: There are 31 Group races held in Hong Kong . All group 1 races were held in

570-772: The Racing Post Trophy. William Hill reestablished their race partnership in 2024 with the official title now the William Hill Futurity Trophy Stakes. Up to 2000 the race was run on the round mile from 2001 it was run on the Straight Mile The Futurity Trophy is now the last Group 1 event of the British flat racing season. The 2019 race was run on Newcastle 's Tapeta track, after the Doncaster meeting

600-783: The United States Graded Stakes Committee granted the seven new Breeders' Cup races Grade 1 status, despite having never been run before, an unprecedented move. In 2015, the Commonwealth Cup became the first new race inaugurated with Group 1 status in the history of the European Pattern. In 1952, for their sales catalogs, Fasig-Tipton began to designate stakes winners in a pedigree using bold-face type, with winners in all caps and stakes-placed runners in mixed case, in an attempt to show buyers and breeders horses and races of note. Keeneland followed suit in 1960. In 1963, Blood Horse published

630-581: The first edition of Cataloguing Standards for foreign racing. Two years later, the Jockey Club Statistical Bureau took over publication. The International Cataloguing Standards Committee (ICSC) and Society of International Thoroughbred Auctioneers (SITA) later defined more precisely specific races in which horses could earn black type. In 1971, the Australian Conference of Principal Race Clubs (ACPRC) developed

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660-803: The highest quality competition. TOBA is also represented on the board of directors of the National Thoroughbred Racing Association (NTRA) as a founding member and on the American Horse Council . The Blood-Horse is a publication of the Thoroughbred Owners and Breeders Association . Daniel J. Metzger has been president of the association since 1999. In 2022, the 8th National Thoroughbred Owner Conference, organized by OwnerView —Jockey Club & TOBA—BloodHorse, and NYRA, empowered thoroughbred owners & breeders, professionals, and others who support and promote Thoroughbred ownership through networking and

690-410: The increase in international racing. British, French, and Irish authorities met in 1970 to discuss developing a Pattern race system, and in 1971 the European Pattern Committee was established and the first European Pattern published. European authorities began to push North American jurisdictions to develop a similar system designating prominent races to promote international competition. In 1973,

720-571: The member countries of the European Pattern Committee, with Italy, Scandinavia (Denmark, Norway, and Sweden), and Turkey as associate members. The pattern system, overseen by the European Pattern Committee, is fluid and the Group status of key races can change. By this method, the Prince of Wales's Stakes at Royal Ascot was upgraded from Group 2 to Group 1 in the year 2000. However, a number of checks and balances are in place which ensure that changes to

750-475: The same in 1979, and Japan implementing a graded race structure in 1984, among other countries. In 1983, the International Cataloguing Standards Committee (ICSC) and Society of International Thoroughbred Auctioneers were created and the first International Cataloguing Standards Booklet was published, with the objective of preventing discrepancies and imbalances in the designation of Group or Grade and black type status among different jurisdictions. In 1984,

780-460: The time, weight penalties were determined by the amount of money won. French races were significantly richer than those in other European countries, resulting in complaints that many important French races were being "plundered" by foreign horses carrying less weight. Pressure was being applied to restrict races to only horses trained in France in order to prevent this, which would have greatly hampered

810-616: The top four finishers granted black type. The following year, the rules were once again amended, so that only the top three finishers in black type races are granted black type status. The recognition of the black type status of jump races is based on regional preference. In Australia , the Australian Pattern Committee recommends to the Australian Racing Board (ARB) which races shall be designated as Group races. The list of races approved by

840-567: Was abandoned because of waterlogging, thereby becoming the first British Group 1 race to be run on an artificial surface. Six winners have subsequently achieved victory in the following year's Derby : Reference Point (1986); High Chaparral (2001); Motivator (2004); Authorized (2006); Camelot (2011); Auguste Rodin (2022). Leading jockey (5 wins): Leading trainer (11 wins): Leading owner (10 wins): (includes part ownership) Group races The International Grading and Race Planning Advisory Committee (IRPAC), part of

870-601: Was backed by this organisation until 1964. The Observer started to support the event in 1965. The present grading system was introduced in 1971 and the Observer Gold Cup was classed at Group-1 level. The bookmaker William Hill took over the sponsorship in 1976, and from this point the event was known as the Futurity Stakes. From 1989 to 2017 the race was sponsored by the Racing Post and run as

900-663: Was raised to $ 25,000 starting in 1990. Over the years, the minimum purse for black type status in North American races has increased, and is $ 50,000 as of 2023. In 2012, the North American ICSC introduced a scoring system to determine whether or not non-listed stakes should be granted black type. Since 2014, each race is assigned a Race Quality Score (RQS), based on speed figures for the top four finishers with data from Bloodstock Research Information Services (BRIS), Beyer Speed Figure from Daily Racing Form , Equibase, and Thoro-Graph. The three-year average RQS must meet

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