Steeplechase is held annually on the last Saturday of April at Brooklandwood, a farm and estate in Mineral Springs, North Carolina, about from Charlotte. The Breeders' Cup Grand National Steeplechase (formerly known as the American Grand National) is held each October at the Far Hills Races in Far Hills, New Jersey and draws about 50,000 spectators for a single day race-meet. It is the richest event in American steeplechasing with a purse of $500,000. During the 1940s and 50s, the Broad Hollow Steeplechase Handicap, the Brook National Steeplechase Handicap and the American Grand National were regarded as American steeplechasing's Triple Crown. Kentucky Downs near Franklin, Kentucky (originally Dueling Grounds Race Course) was built in 1990 as a steeplechase track, with a kidney-shaped turf circuit. At its inception, the track offered some of the richest purses in the history of American steeplechase including a $750,000 race. The track has undergone numerous ownership changes, with steeplechase races playing an on-and-off role (mainly off) in the track's limited live race meets. The Stoneybrook Steeplechase was initiated in Southern Pines, North Carolina on a private farm owned by Michael G. Walsh in 1949 and was held annually in the spring until 1996, with attendance near 20,000. It resumed as an annual spring event at the new Carolina Horse Park in 2001, but was discontinued after 2016. The New York Turf Writers Cup is held each year at Saratoga Race Course, attracting the best steeplechasing horses in the U.S. Australia Australia has a long history of jumps racing which was introduced by British settlers. In the late 20th century, the eastern states of Queensland and New South Wales shut down jumps racing, while Tasmania ceased jumps racing in April 2007 due to economic unfeasibility and a lack of entries. The jumping season in Australia normally takes place from March until September. (some minor races are held either side of these months). Horses used for steeplechasing are primarily former flat racing horses, rather than horses specifically bred for jumping. There is an emphasis on safety in Australia which has led to a reduction in the size of obstacles. As jumps races take place at flat racing meetings there is also a need for portable jumps. Most chasing occurs on steeple lanes but also includes parts of the main flat racing track. From Easter to May the major distance races occur: The Great Eastern Steeplechase is held