The next clash between the world's three highest-ranked sprinters will be in the Newmarket Handicap at Flemington.

The world's best racehorses for 2014 have been released with the sprinters' category dominated by Australian horses.

Lankan Rupee and Terravista were crowned equal top sprinters with an international rating of 123, one point higher than fellow Australian Chautauqua who finished third in the category.

Japanese horse Just The Way was named the world's best racehorse with a ranking of 130 for his win in the Dubai Duty Free in March.

Japan Cup winner Epiphaneia filled second place on 129.

Lankan Rupee, who achieved his 123 rating in last year's Newmarket Handicap and ran to the same mark in the TJ Smith Stakes in April, is scheduled to resume in the Lightning Stakes before running in the Newmarket in March.

Sydney sprinter Terravista reached his rating when he claimed the Group One Darley Classic (1200m) at Flemington in November, defeating Chautauqua and Lankan Rupee.

Terravista is being aimed at the Newmarket first-up by trainer Joe Pride while the race is also on the radar for Chautauqua, trained by the partnership of John, Michael and Wayne Hawkes.

Now-retired New Zealand-trained star It's A Dundeel earned a 122 mark for winning the Queen Elizabeth Stakes while the Peter Moody-trained multiple Group One winner Dissident recorded a rating of 121 for his close second under a big weight in the Sir Rupert Clarke Stakes.

Star miler Sacred Falls was rated 120 for his second Doncaster Mile win last year.

Dissident makes his return for 2015 in Saturday's Group Two Australia Stakes at Moonee Valley.