This year’s one of the most highly-anticipated race is about to take place as the Cheltenham Gold Cup is returning back at the 2023 festival, know the winner prize money
For those who aren’t sure, let us tell you, spectators are all set to return for the first time after the Pandemic hits. This year’s event is expected to bring 60,000 to the Cheltenham festival.
The festival which is scheduled to start from Tuesday, March 15 will last until March 18. During the time, most anticipated race, Cheltenham Gold Cup will held.
The winning pair will receive about £625,000 in prize money for claiming success in the race – first run in 1924 and only the Grand National at Aintree has more prize money on offer for the winner.
Cheltenham Festival Gold Cup 2023 winner prize money pool and riders salary list
The race which held each year at the festival is more than a distance of about 3 miles 2½ furlongs. During the running there will be a total of 22 fences to be jumped. If you’re wondering about the last year’s winner, let us remind you, last year, Minella Indo emerged as the winner and he took the prize money along with jockey Jack Kennedy.
If you’re curious about this year’s Gold Cup prize money, let us let you, as per report, this year’s prize is believed to be around £625,000. This year’s prize is among the highest prize pots.
Apart from Cheltenham, there will be other races which includes sizeable prize funds such as:
Champion Hurdle: £400,000 prize money,
Queen Mother Champion Chase: £300,000 prize money.
The Cheltenham festival is one of the important events of the year for jump jockeys in the nation’s likes of Britain and Ireland. At current, the top jockey is Rachael Blackmore followed by the dominance for Irish riders with 3 British jockeys.
Most of these jockeys are self employed which means they won’t get a fixed salary but they will charge for each job that they would take.
If you’re wondering about Jockeys riding fee, let us remind you, they are set at a sum of £164.74 per ride over jumps £120,66 on the flat. It means a rider with a full book of rides is reportedly expected to make a sum of £1,000 per day.
However, let us remind you a sum will be deducted From the actual earning for the jockey’s agent, the professional jockeys association, their valet, insurance, on course physiotherapist and many more as they handles the riding fees.
An average jockey will tend to ride approximately 215 times a year and they are also able to earn money through various prize percentage that they are being offered. The range for the jump racing varies between 8-9 percent and most of the time, whilst flat racing jockeys find their prize money cut sitting at the 7 percent.
Under either codes, jockeys are expected to take home 3.5 percent of the prize money with the only deduction of 10 percent for their agent. Jockeys can be sponsored h various organization and companies.
ALSO READ: Malik Beasley, age, height, mother, wife, contract, net worth in 2023