All that glitters is not gold, it is silver, actually. The Mahalaxmi Racecourse is playing host to a 23-kg sterling silver trophy, probably one of the priciest sports trophies ever in India, valued at approximately Rs 10 lakh.


Top prize: RWITC chairman, Zavaray Poonawalla with the 23-kg silver trophy

The silver cup, engraved with horses below, is four feet three inches in height, and three feet in width. It will be given to the winner of the Zavaray Million race, to be run at the track on the first day of night racing at Mahalaxmi on Saturday, January 9.