Formerly known as the Goodwood Breeders' Cup Handicap, it is open to horses, age three and up, willing to race 1⅛ miles (9 furlongs) on the dirt. Previously, it had been raced at 1<span style="font-size:85%">1/16</span> miles from 1982 through 1984 and again in 1986. In 2007 the race was upgraded by the American Graded Stakes Committee to a Grade I event from its previous Grade II status. The Goodwood currently offers a purse of $250,000.