HALLANDALE BEACH, Fla. – American thoroughbred racehorse Arrogate won the $12-million Pegasus World Cup Invitational on Saturday.
About 17,000 watched Arrogate's Hall of Fame jockey Mike Smith win the race at billionaire Frank Stronach's Gulfstream Park in Hallandale Beach.
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Five horses -- paying $1 million each for a slot in the gate -- had morning-line odds of 50 to 1.
Arrogate, the winner of the 2016 Breeder's Cup Classic, was a favorite.