SINGAPORE - In a shock to the local horse-racing scene, the Singapore Turf Club announced on Monday that the Singapore Airlines International Cup (SIA Cup) and KrisFlyer International Sprint (KFIS) will be discontinued.
The two events, last held in May at the Kranji racecourse, are the crown jewels on the Singapore racing calendar.
In a statement, Turf Club said the $3 million SIA Cup and the $1 million KFIS, introduced in 2000 and 2001 respectively, were formed to achieve several objectives, such as promoting Singapore races internationally and uplifting the quality of Singapore horses and local racing.
It added: "Both international races together with Singapore racing have grown in stature and prestige over the years. As the objectives set out for the two races have been achieved, Singapore Turf Club wishes to announce that the SIA Cup and KFIS will be discontinued."
Kranji also hosts the $1.15 million Emirates Singapore Derby and the $1.35 million Longines Singapore Gold Cup.