"To safeguard the health of all participants, the higher organizing committee of the Dubai World Cup 2020 has made a decision to postpone [the] 25th edition of the global tournament to next year", government officials said Sunday morning.
"We would like to extend our honest gratitude and appreciation to all the stakeholders of the Dubai World Cup, and we hope to welcome all participants and guests next year".
The prestigious Dubai World Cup meeting is the latest major event to be cancelled over the coronavirus pandemic.More news: Coronavirus: Sadiq Khan warns 'stop Tube travel or more will die'
"I know that everyone involved in our game and our millions of supporters will be impacted by this decision and that many people will suffer significant hardship as are people right across the community but I also know that we all have a responsibility to the community and each other".
Organisers added the rescheduling was meant "to safeguard the health of all participants".
Sheik Mohammed Bin Rashid Al Maktoum is both ruler of Dubai and the driving force behind the country's racing program as head of Godolphin.More news: COVID-19 kills Cameroonian music maestro, Manu Dibango
Irish thoroughbred Thunder Snow, mounted by Belgian jockey Christophe Soumillon, is the first horse to win the event twice.
"These are very hard times and my thoughts are with everyone, not just the racing community, but everyone living in the UAE and also all those who are under the threat of the coronavirus around the world".
The Gulf Arab state has temporarily banned all foreigners, except diplomats, from entering the country as it tries to contain the spread of the virus that has been linked to two deaths in the country.More news: League season suspended due to coronavirus pandemic, joins AFL, NRL