CHELTENHAM FESTIVAL 2024 has kicked off with many jockeys hoping for a payday they will never forget.
The prize money up for grabs at Cheltenham is life-changing to many jockeys taking part.
Rachael Blackmore celebrates on A Plus Tard after winning the 2022 Cheltenham Gold Cup ChaseAFP via GETTY
What is the prize money for winning at Cheltenham?
For each race that is ran at Cheltenham Festival, there is a healthy prize pot up for grabs.
Here is the total prize money for some of the key races that take place at Cheltenham Festival:
The Cheltenham Gold Cup – £625,000 (total) £351,688 (winner)
The Champion Hurdle – £465,750 (total) £262,078 (winner)
Queen Mother Champion Chase – £400,00 (total) £225,080 (winner)
Ryanair Chase – £375,00 (total) £211,012 (winner)
The Stayers’ Hurdle £325,00 (total) £182,878 (winner)
Arkle Challenge Trophy – £175,000 (total) £98,473 (winner)
Brown Advisory Novices’ Chase – £175,000 (total) £99,000 (winner)
Turners Novices’ Chase – £171,553 (total) £98,473 (winner)
Spa Novices’ Hurdle -£132,800 (total) £75,965 (winner)
JCB Triumph Hurdle – £135,000 (total) £78,000 (winner)
Supreme Novices’ Hurdle – £135,000 (total) £75,965 (winner)
Ballymore Novices’ Hurdle – £132,800 (total) £75,965 (winner)
Johnny Henderson Grand Annual Chase – £122,963 (total) £70,338 (winner)
How much do the jockeys get paid for winning at Cheltenham Festival?
The prize money is split between the owner of the horse, the trainer, the jockey and the stable staff.
From the total winning prize, the jockey usually takes home between 8 and 9 per cent of the winnings.
For jockeys that place, they normally take around 3.5% of the placed prize money, which is the money left in the pot after the winner takes their share.
Regardless of where they finish, jockeys are guaranteed some income, with the riding fees set at £164.74 for jump riders and £120.66 for flat racing jockeys.
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Cheltenham day-by-day schedule
Tuesday March 12
13:30 – Supreme Novices’ Hurdle
14:10 – Arkle Challenge Trophy
14:50 – Handicap Steeple Chase
15:30 – Champion Hurdle Challenge Trophy
16:10 – Mares’ Hurdle
16:50 – Juvenile Handicap Hurdle
17:30 – National Hunt Steeple Chase Challenge Cup
Wednesday March 13
13:30 – Novices’ Hurdle
14:10 – Novices’ Steeple Chase
14:50 – Coral Cup Hurdle
15:30 – Queen Mother Champion Steeple Chase
16:10 – Cross Country Steeple Chase
16:50 – Johnny Henderson Grand Annual Steeple Chase Challenge Cup
17:30 – Champion Bumper
Thursday March 14
13:30 – Turners Novices’
14:10 – Pertemps Network Final
14:50 – Ryanair Steeple Chase
15:30 – Paddy Power Stayers’ Hurdle
16:10 – Magners Plate
16:50 – Jack de Bromhead Mares Novices’ Hurdle
17:30 – Fulke Walwyn Kim Muir Challenge Cup
Friday March 15
13:30 – Triumph Hurdle
14:10 – County Handicap Hurdle
14:50 – Albert Bartlett Novices’ Hurdle
15:30 – Cheltenham Gold Cup
16:10 – Festival Challenge Cup Open Hunters’ Steeple Chase
16:50 – Mares’ Steeple Chase
17:30 – Martin Pipe Conditional Jockey’s Handicap Hurdle
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