The 2003 Hong Kong Cup (Gr.1) is the worlds richest 2000 meter turf race, with 2,3 million US$ in total prize money. The race is also the final leg of The Emirates World Series Racing Championship.

The Hong Kong Cup was initially run as the Hong Kong Invitation Cup in January 1988 when the overseas entries were confined to Malaysia and Singapore. The race was granted Group 3 status in 1993, Group 2 in 1994, and it became the first race in Hong Kong with full international Group 1 ranking in 1999 - when it also became the final leg of the Emirates World Series. The Cup's distance was increased to 2000m from 1800m in 1999.
In 2002 the race was won by Hong Kong's own Precision, beating German challenger Paolini and Danish raider Dano-Mast by half a length.

The 2,3 million US$ plus trophies for the winning owner, trainer and jockey will be divided as follows:

1st - 1,308,000 US$
2nd - 513,000 US$
3rd - 231,000 US$
4th - 128,000 US$
5th - 77,000 US$
6th - 51,000 US$