Complex sentence: The Grade II race is held each winter at Aqueduct Racetrack for a purse of $150,000 and is one of the few graded stakes for fillies and mares at a sprint distance.
Split into simpler sentences: The Grade II race is held each winter at Aqueduct Racetrack for a purse of $150,000. The race is one of the few graded stakes for fillies and mares at a sprint distance.