The inaugural Florida Cup Day will be held at Tampa Bay Downs on April 6, giving Florida-breds a chance to compete for an estimated $500,000 in purses.
The big day will feature six $75,000 stakes races - three for 3-year-olds and three for older horses - at a variety of distances on both dirt and turf.
Florida-breds will be preferred in the initial running and be eligible for up to $40,000 per race in Florida Thoroughbred Breeders and Owners Association (FTBOA) awards. Officials estimate entry fees will eventually boost the total purses to $500,000.
The event is the result of a partnership between Tampa Bay Downs, the FTBOA and the track's Horseman's Benevolent and Protective Association (HBPA) chapter, each of which is contributing $150,000 to fund the event.