KEY POINTS:
A $500,000 prize purse for the 2008 Horse of the Year showjumping class will make the Kelt Capital equestrian event one of the top six showjumping events in the world, promoters say.
Show director Kevin Hansen made the announcement yesterday, just days before 2500 horses and riders converge on Hawkes Bay for the five-day show, starting on March 14.
This year the class is worth $100,000.