It was recently announced that the ‘richest horse race in history’ is coming to Saudi Arabia and more information about it has been shared.

Saudi women will be participating in the races that are to take place in 2020

In a statement to BBC Sport, the Chairman of Saudi Arabia’s Jockey Club, Prince Bandar bin Khalid Al Faisal, said women are going to be allowed to join the inaugural Saudi Cup race next year.

“Men and women will be treated equally,” the royal said

He added that women are “most welcome” to participate in the race.

We would like to cater to a wide range of horses.

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New turf races for sprinters, middle-distance and stayers have certainly caught the interest of John Gosden.#thesaudicup #comewithusonajourney pic.twitter.com/lZAPovGKHE

— The Saudi Cup (@thesaudicup) September 16, 2019

The Saudi Cup consists of a main race set to take place on the King Abdulaziz racetrack in Riyadh, with a prize worth $20 million.  Other winners will also earn monetary rewards including the 10th-placed finisher who will get around $200,000.

The grand event’s organizers estimate it will be attended by around 12,000 people in its opening year. Ticket buyers will be guaranteed visas as per orders passed in the kingdom to issue entry documents to those visiting for concerts or sports events.