The Breeders' Cup Juvenile is a Thoroughbred horse race for 2-year-old colts and geldings raced on dirt. It is held annually in late October or early November at a different racetrack in the United States or Canada as part of the Breeders' Cup World Championships. The current purse is US$2,000,000 making it the most valuable race for two-year-olds in North America. It is normally run at a distance of 1+1⁄16 miles.