The Cheltenham Festival is now here, meaning jockeys and horses are set to race in another record-breaking event.
For winning a race in one of the most iconic festivals in the sport, prize money is handed out in sums that live up to the occasion.
A record amount of prize money will be available at CheltenhamPALast year’s races set records for their prizes and organisers have now taken it one step further by increasing the amount again.
Here’s the staggering amount available in 2025…
Cheltenham Festival: Prize money
There is a total prize pot of £4.93million at Cheltenham this week.
That is an increase of £115,000 from the 2024 meeting, setting a new record at the event.
It also means there will be over £1million on offer for each day of the four-day festival.
The highest reward for a race comes again in the Gold Cup, with the winner of that race taking home the biggest share of £625,000.
Last year, the winning cut of the cash was over £350,000.
The Champion Hurdle, Queen Mother Champion Chase, Ryanair Chase and the Stayers’ Hurdle are also going to have some huge prizes.
In the Champion Hurdle, the total prize pot will stand at £450,000, while the Champion Chase has a whopping £400,000 on the line.
The Ryanair Chase has a prize pot of £375,000, with the Stayers’ offering £325,000.
Cheltenham Festival prize money per race
Figures from Bet365
Tuesday, March 11
Supreme Novices’ Hurdle – £150,000 Arkle Novices’ Chase – £200,000 Ultima Handicap Chase – £150,000 Mares’ Hurdle – £120,000 Champion Hurdle – £450,000 Juvenile Handicap Hurdle – £80,000 National Hunt Chase – £200,000Wednesday, March 12
Turners Novices’ Hurdle – £150,000 Brown Advisory Novices’ Chase – £200,000 Coral Cup Hurdle – £100,000 Cross Country Steeple Chase – £75,000 Queen Mother Steeple Chase – £400,000 Grand Annual Steeple Chase Challenge Cup – £150,000 Champion Bumper – £80,000Thursday, March 13
Mares’ Novices’ Hurdle – £105,000 Jack Richards Novices’ Limited Handicap Chase – £125,000 Pertemps Network Final – £100,000 Ryanair Steeple Chase – £375,000 Stayers’ Hurdle – £325,000 TrustATrader Plate Handicap Chase – £150,000 Fulke Walwyn Kim Muir Challenge Cup – £75,000Friday, March 14
Triumph Hurdle – £150,000 County Handicap Hurdle – £98,370 Mrs Paddy Power Mares’ Steeple Chase – £120,000 Albert Bartlett Novices’ Hurdle – £150,000 Cheltenham Gold Cup – £625,000 Festival Hunters Chase – £50,000 Martin Pipe Conditional Jockeys Handicap Hurdle – £75,000How much do the jockeys win?
Each winning prize is split between the horse’s connections.
That includes the owner, trainer, jockey and stable staff.
Jockeys typically take home 8-9 per cent of the total winnings.
If a horse places in a race at Cheltenham, jockeys take 3.5 per cent of the placed prize money, which is what is left from the pot after the winner takes their cut.
Even if a jockey doesn’t win or place in a race at all, they will still get paid a guaranteed fee.
At last year’s festival, riding fees for jump races were set at £164.74 and that will likely be similar this time around.
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