Criteria Group1,2,3 and listed
Hello everyone.
I keep nagging about all the things I don't know about horse racing, but I hope you will bear with me.
I was wondering what criteria is used to deem a race in the different categories? What does it take to be a Group 1 race, what is the criteria for listed races?
Is it prize money alone? Or is it more.
The reason I ask is that in Norway the Derby is a listed race, and we have a couple of Group 3 races, but not any higher. There is no Group 2 or 1 races in Scandinavia I think. So how is the different races determined?