Listed Races feature horses that are not quite at the elite level required for Group races but still demonstrate significant ability. These races often serve as stepping stones for horses aspiring to compete in higher-tier races. Listed Races carry more prestige and higher prize money compared to handicaps or novice events, but less than Group races.
Listed Race Example
For example, a horse may compete in a Listed Race to prove its ability before moving up to Group races, where the competition is more intense.