Arrogate beats California Chrome to top awardUpdated 3:04 PM ET, Tue January 24, 2017 Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. Photos: The world's best racehorsesArrogate (left) capped a triumphant debut season by winning the 2016 Breeders' Cup Classic in a dramatic finish.Hide Caption 1 of 9 Photos: The world's best racehorsesThe result helped the American colt to be named Longines World's Best Racehorse for 2016 in London Tuesday.Hide Caption 2 of 9 Photos: The world's best racehorsesArrogate beat California Chrome and Australian wonder-mare Winx to the coveted Longines prize.Hide Caption 3 of 9 Photos: The world's best racehorsesThe much-loved Chrome suffered only one defeat over the course of 2016.Hide Caption 4 of 9 Photos: The world's best racehorsesThat was at the hands of Arrogate in the Breeders' Cup Classic at Santa Anita.Hide Caption 5 of 9 Photos: The world's best racehorsesFormer Kentucky Derby champion Chrome won the 2016 Dubai World Cup.Hide Caption 6 of 9 Photos: The world's best racehorsesAustralia's Winx won all eight of her starts in 2016. She is riding a 13-race winning streak going back to May 2015. Hide Caption 7 of 9 Photos: The world's best racehorsesWinx won the Cox Plate for a second time in October.Hide Caption 8 of 9 Photos: The world's best racehorsesShe has now won over AUD$9.34 million ($7 million) -- the third-highest earnings of any Australasian racehorse. Hide Caption 9 of 9American newcomer Arrogate was named Longines World's Best Racehorse 2016 at an awards ceremony in London.More from SportWhy horse racing in Ireland is a multi-billion-dollar industryHow one Dubai running club sparked a fitness crazeGiro d'Italia: Israel to host 2018 'Big Start' to Grand TourParis and Los Angeles confirmed as hosts of 2024 and 2028 Olympic GamesLuka Modric: 'Everyone wants to beat the best team in the world, Real Madrid'