The Amazing Race: A Corrida Milionária was a Brazilian reality competition show based on the American series The Amazing Race. Following the premise of other versions in the Amazing Race franchise, the show follows eleven teams of two as they race across Brazil and Chile. The show was split into legs, with teams tasked to deduce clues, navigate themselves in foreign areas, interact with locals, perform physical and mental challenges, and travel by air, boat, car, taxi, and other modes of transport. Teams are progressively eliminated at the end of most legs for being the last to arrive at designated Pit Stops. The first team to arrive at the Finish Line wins a grand prize of R$500,000.

The Amazing Race is an adventure reality competition franchise in which teams of two people race around the world in competition with other teams. The Amazing Race is split into legs, with teams tasked to deduce clues, navigate themselves in foreign areas, interact with locals, and perform physical and mental challenges that often highlight aspects of a location's culture, history, or economy. Over the course of the Race, teams travel by airplanes, helicopters, trucks, bicycles, taxicabs, cars, trains, buses, boats and by foot. Teams are progressively eliminated at the end of most legs for being the last to arrive at designated Pit Stops, until only three remain. The first team to arrive at the finish line is awarded the grand prize.