The Cheltenham Festival may have the highest concentration of quality jump racing, but the Grand National remains the people’s race and every April 40 runners line up to tackle 30 fences in the world’s most famous steeplechase.
£1 million in prize money was at stake today at Aintree, for the 172nd edition of the race.
Last year Gordon Elliott’s Tiger Roll was the champion, beating Pleasant Company and Bless The Wings.
Tiger Roll was an incredibly impressive winner of the Cross Country at Cheltenham, and the JP McManus owned Anibale Fly is likely to be next in the betting after running on well to finish second in the Gold Cup.
Aintree recently confirmed that this year’s prize money is the same as last year with a £1 million purse and the top-10 finishers receiving a cheque:
With 40 runners, this means only 25 per cent of the horses will get prize money. But going down to 10th place is much further down than any other race on the racing calendar.
The winner receives a cool £561k – a life-changing amount for most horse racing owners, plus with all the spin-offs and public appearances at Grand National winner can make afterwards then many boast their earning this way too. With a £350k difference between finishing first and second, the stakes are high. Just a nose – like in 2012 when Neptune Collonges beat Sunnyhillboy can be a bitter blow for the runner-up – not just in the prestige of winning the Grand National, but also by the small sum of £350k!
Third takes home just over £100k, while 4th pockets £52k in cash, with 5th netting £26k – not a bad day’s work if you can get it!
The jockeys receive a fixed fee for every National Hunt race they ride in, but the leading jockeys will have arrangements with owners who sometimes pay them considerable.
20-time Champion Jockey AP McCoy was reportedly paid £1 million a year by JP McManus to ride his best chances in the famous green and gold colours.
They will also have an agreed percentage of any prize money, much like a professional golfer arranges with their caddie, of around eight percent.
That means riding a National winner could be worth an additional £45,000 in earnings.
Grand National prize breakdown per position:
The Grand National prize pot still remains a little shy of the money on offer at the Epsom Derby, where £1.25m is on offer.
World’s richest horse races
- Dubai World Cup (UAE) – £7.99million
- Prix de L’Arc de Triomphe (France) – £4.4million
- Breeders’ Cup Classic (US) – £4million
- Melbourne Cup (Australia) – £3.77million
- Kentucky Derby (US) – £1.6million