An extra $50,000 in prize money has been added to the next running of the Magic Millions WA 3YO Trophy to be held at Pinjarra in February.
Funded by Racing and Wagering Western Australia (RWWA), the increase brings the total prize money for the race to $200,000.
As well as the three-year-old trophy, the race day also features the $250,000 Magic Millions WA 2YO Classic, providing $450,000 in exclusive prize money.
The total prize money and bonuses on offer for the race meeting in 2021 will exceed $1.1 million.
RWWA will again pay additional Westspeed bonuses to winning and placed Westspeed Platinum horses at the race meeting to highlight the WA breeding industry.
In 2020, an extra $250,000 in one-off Westspeed bonuses was distributed to connections from the day, leading into the Magic Millions Perth yearling sale.
RWWA manager of commercial racing and planning David Hunter said the local breeding industry is a critical part of thoroughbred racing in WA.
"RWWA is pleased to work with Magic Millions and the Pinjarra Race Club on increasing prize money at this metropolitan class fixture," he said.
"The additional Westspeed Platinum bonuses paid to connections at last year's Magic Millions race meeting were extremely well received and we are excited to continue this initiative again in 2021."
Both the two-year-old and three-year-old races are recognised with Restricted Listed black type due to the consistent high quality fields and winners in past races.
Those include the likes of Gemma's Son, Valour Road, Lucy Mae, The River, Lucky Street, Night War, Playing God and Camporella.
Pinjarra Park's racing season commences on December 6.
The club will host 23 race meetings at the course throughout the season.