The Chinese word "大奖赛" is formed by sequentially combining the characters 大 (meaning "big" or "grand"), 奖 (meaning "prize" or "award"), and 赛 (meaning "competition" or "contest"), where 大 modifies 奖 to convey "big prize", and 赛 denotes the competitive nature of the event, thus collectively referring to a large-scale prize competition like a grand prix.