Horses from around the world have converged on Dubai to compete in the "richest race in the world" on Saturday.
With $30 million up for grabs, the stakes are high and the competition will definitely be fierce. However, this event is a lot more than just horses running in circles for a chunk of change. Here are 7 things to expect during the 21st edition of the Dubai World Cup .
1. All those crazy hats ...
It wouldn't be the same event without them.
2. A lot of people that came just to be seen
Do you think they actually care about the race?
3. The best dressed awards
The winners will drive away in a new Jaguar F-Type!
4. Oh, and some people will actually be watching the races
You know, the ones taking bets ... They actually came for the race.
5. One horse will ride away with $10 million
Twelve horses are competing for the event's top prize.
6. A killer performance by Janet Jackson
But the concert is only available to race-day ticket holders ...
Huge amounts of money? Bizarre fashion? Talk about headlines ...