The Hankyu Hai is a Grade 3 horse race for Thoroughbreds aged four and over, run in February over a distance of 1400 metres on turf at Hanshin Racecourse. The race serves as a trial for the Takamatsunomiya Kinen.

Hanshin Racecourse is located in Takarazuka, Hyogo, Japan. It has a capacity of 139,000 and it is used for horse racing. The land was originally owned by Kawanishi Aircraft Company, which manufactured combat planes during World War II. After the World War II, GHQ ordered the company to stop manufacturing combat planes, which ended in closing the factory. In 1949, Keihanshin Keiba K.K. built the Hanshin Racecourse. The racecourse was transferred to Japan Racing Association in 1955. A major reconstruction was completed in 1991, and another in 2006.