The $16 million Pegasus World Cup Invitational is the world's richest horse race, and it gets an early preview with racing journalist John Pricci and trainer Jamie Osborne. Pricci is in south Florida to offer a handicapping snapshot of the Jan. 27 race and discuss the concept that spawned this big-money event. Osborne checks in from England, where he saw off Toast Of New York to continue his comeback in the Pegasus. There is also a racing flashback to 1932, when Phar Lap arrived in North America only to suffer a tragic fate.

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