Horse-racing, and the associated cash-betting, holds a strong appeal for many people. In Patagonia, the richer enthusiasts could aspire to buy, breed and train their own animals; and a hippodrome was built in Punta Arenas in 1896. This locally-born prize-winner was owned by the Punta Alta ranch, in south-western Santa Cruz province. The horse is still an important element in the region's sport and work. [Read more about this this race.]