The highlight is the Clasico del Caribe, the richest race in Latin America. It features 3-year-olds going nine furlongs with a purse of $300,000.

A Hall of Fame celebration will also take place in Puerto Rico during the weekend, where outstanding participants from years past will be honored. The main race will be carried on ESPN.

The conditions and participants in the weekend's four stakes races are below.

Copa Velocidad del Caribe
Saturday, Dec. 7
Distance: 6 furlongs
3-year-olds
Colts 118 pounds
Fillies 110 pounds
Purse $100,000

Participants:
Pupazzo (Venezuela)
Cémaco (Panamá)
Mi Selecto (Panamá)
Mazal (Panamá)
Santi (Panamá)
Batitusta (Panamá)
Jeter (Panamá)
Salados´s Kid (Puerto Rico)

Copa Dama del Caribe
Saturday, Dec. 7
Distance: 8 1/2 furlongs
3-year-old fillies
Purse $100,000

Participants
Gran Fortaleza (Venezuela)
Lala G (Panamá)
Livia (Panamá)
Short and Sweet (Panamá)
Fuerza Positiva (Puerto Rico)

Copa Confraternidad
Saturday, Dec. 7
Distance: 9 1/2 furlongs
3-year-olds and up
Weight by handicap
Colts 118 pounds
Fillies 110 pounds
Horses (4 years & older) 121 pounds
Fillies (4 years & older)113 pounds
Purse $100,000

Participants:
My Own Business (Venezuela)
Gran Empeño (Venezuela)
Cortisol (Panamá)
Gaudí (Panamá)
Mili Minela (Panamá)
Diamante Negro (República Dominicana)
Gran Duque (Puerto Rico)
Mi Pradera (Puerto Rico)
Cristal Negro (Puerto Rico)
Yagrumo (Puerto Rico)

Clasico del Caribe
Sunday, Dec. 8
Distance: 9 furlongs
3-year-olds
Colts: 118 pounds
Fillies 110 pounds
Purse $300,000