Owing to the Pegasus World Cup

"Owing to the Pegasus World Cup" means that something has happened or is occurring because of the Pegasus World Cup event. It's a formal way of explaining that the event, a prestigious and large horse racing competition, is the reason behind a particular action, decision, or outcome. The Pegasus World Cup attracts significant attention, sponsorship, and financial influence, which can impact related industries, media coverage, or public interest. Essentially, it indicates a cause-and-effect relationship where the Pegasus World Cup is a key factor influencing subsequent events or developments.