The Karaka Million is a major New Zealand

New Zealand

New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

 horse race. Held at Ellerslie Racecourse

Ellerslie Racecourse

Ellerslie Racecourse is the main racecourse in Ellerslie, Auckland, New Zealand for thoroughbred racehorses. It is an undulating, grass circuit of approximately 1,900 m.-History:The first race meeting was held at Ellerslie on 25 May 1874...

, it is New Zealand's third equal richest race, with a stake of $NZ1,000,000. The race is restricted to two-year-olds who were sold through the New Zealand Bloodstock Yearling Sales held at Karaka

Karaka, New Zealand

Karaka is a small town of Auckland, New Zealand. Located in Franklin, one of Auckland's two districts. Under the authority of the Franklin District Council.It is primarily a rural town associated with dairy farming and sheep...

. The race was run for the first time in 2008, replacing a similar race held at Te Rapa

Te Rapa

Te Rapa is a mixed light industrial, large scale retail and semi-rural suburb to the northwest of central Hamilton, New Zealand.Stretching in a long, thin north-south axis, Te Rapa is home to a large number of factories including Te Rapa Dairy Factory, one of the largest of its kind in the world...

. Horses eligible for the Karaka Million can also be entered in an associated race the Karaka Three Year Old Mile (1600 m, NZ$200,000) the following year.