Group 2 Races are a category of horse racing that includes events recognized for their high quality and competitive nature. These races typically feature thoroughbred horses and are often part of a larger racing calendar. They are considered a step below Group 1 races, which are the highest level of competition. In Group 2 Races, horses compete for significant prize money and valuable points towards future competitions. These events are crucial for horses aiming to establish their reputation and improve their rankings. Notable examples of Group 2 Races include the Champagne Stakes and the Duke of York Stakes.