International race - any details?

From the Queens plate website..

Has the $2m been dropped?

The running of the 151st Queen’s Plate, sponsored by L’Ormarins Wine Estate since 2005, will take place at Kenilworth Race Course, Cape Town, on Saturday, 7th January 2012. The winner of the inaugural Queen’s Plate in 1861 received a silver plate and 500 sovereigns donated by Queen Victoria. Since then the race has continued every year with style and grace matched by the gathering of the finest thoroughbreds in South Africa racing for this highly esteemed trophy and, this year, winning prize money of R1,000,000.00