The Saudi Cup, the world's richest horse racing event, is taking place on February 21-22. The 2025 edition of the Saudi Cup Festival features significant upgrades to key races and increased prize money. The festival’s first day will include the Group 1 Manifa Cup for Purebred Arabian Horses, sponsored by the Ministry of Culture, and the four-round World Jockeys Challenge. The second day will feature one Group 3 race, four Group 2 races, and two Group 1 races: the OBAIYA Cup for Purebred Arabian Horses, sponsored by the Diriyah Gate Development Authority, and the $20 million Saudi Cup.