The Cheltenham Gold Cup prize money ahead of the big 2024 Festival race stands at just over £350,000 for the winning horse, which is then split out between the owner, jockey and trainer. But the place horses down to seventh also walk away with some cash. See the full Gold Cup prize breakdown below.
Cheltenham Gold Cup Prize Money 2024: Winning Horse Will Collect £351,991.08
The exact Cheltenham Gold Cup prize money for the winner is £351,991.08 – based on what the 2023 winner Galopin Des Champs won for his owner Mrs Audrey Turley.
While the total Cheltenham Gold Cup prize pool stands at just over £600,000 with the second, third, fourth, fifth, sixth and even seventh horses also picking up a share of the purse.
Cheltenham Gold Cup Prize Money Breakdown
See below the full Cheltenham Gold Cup prize money breakdown from first down to seven place (based on the 2023 renewal), with the race billed as the showcase event at the Cheltenham Festival each year.
- 1st £351,991.08
- 2nd £132,803.57
- 3rd £66,616.07
- 4th £33,428.57
- 5th £16,928.57
- 6th £8,616.07
- 7th £4,428.57
TOTAL: £614,812.50
Cheltenham Gold Cup Result 2023
Trainer Willie Mullins racked up his third Cheltenham Gold Cup since 2019 when Galopin Des Champs powered home by 7-lengths in the 2023 renewal on March 17th (watch below).
With Al Boum Photo (2019 & 2020) the other wins in the race for the Irish Closutton handler.
The 2023 win also provided jockey Paul Townend with a third Gold Cup success, as the also rode Al Boum Photo in his two Blue Riband wins.
Galopin Des Champs, Mullins and Townend will be back for more in 2024, with the best UK horse racing betting sites making the 8 year-old the hot favourite to defend his title.
The 2023 win for Galopin Des Champs saw him have that season’s King George VI Chase winner Bravemansgame back in second, with the Gordon Elliott-trained Conflated a further 6 1/2-lengths back in third.
Fourth slot went to the former Grand National winner Noble Yeats, with Protektorat (5th), the Rich Ricci-owned Royale Pagaille (6th) and Eldorado Allen (7th) the others walking away with some prize money.
Cheltenham Gold Cup Result 2023
See below the top seven Gold Cup result and which horses received a share of the prize money.
- 1st: GALOPIN DES CHAMPS (7/5 fav) £351,991.08
- 2nd: Bravemansgame (6/1) £132,803.57
- 3rd: Conflated (22/1) £66,616.07
- 4th: Noble Yeats (14/1) £33,428.57
- 5th: Protektorat (25/1) £16,928.57
- 6th: Royale Pagaille (50/1) £8,616.07
- 7th: Eldorado Allen (100/1) £4.428.57
When Is The Cheltenham Gold Cup 2024?
📅Date: Friday 15th March 2024
🕙Time: 3:30pm
🏇Racecourse: Cheltenham
📺 TV: Racing TV / ITV
How Much Has The Cheltenham Gold Cup Prize Money Increased Over The Years?
See below how the Gold Cup prize money for the winning horse has increased.
Over the last four years there has not been much change – just £303.58 in the last four years, between the winners of Galopin Des Champs in 2023 and Al Boum Photo in 2019.
However, if we go back a bit more to 2013 and the win of Bobs Worth the winnings drop around £38k compared to 2023 – with the Nicky Henderson horse getting £313,225.00
Then the 2009 win for Kauto Star saw the Paul Nicholls runner bank £270,797.50, while just seven years earlier in 2002 Best Mate won around £96k less with £174,000.
If we then go back to 1995 and the Master Oats win there is another drop to £122,540, with Dessie in 1989 only securing £66,635 for his owner Richard Burridge.
Of course, the increase is all relative, as £66k in 1989 was a lot of money. But below you can still see the Gold Cup prize money jumps, with the difference between Galopin Des Champs 2023 win and Desert Orchid’s 1989 success a massive £285,356.08!
Cheltenham Gold Cup Winners Prize Money Over The Years
- 2023: £351,991.08 (Galopin Des Champs)
- 2019: £351,687.50 (Al Boum Photo)
- 2013: £313,225.00 (Bobs Worth)
- 2009: £270,797.50 (Kauto Star)
- 2002: £174,000.00 (Best Mate)
- 1995: £122,540.00 (Master Oats)
- 1989: £66,635.00 (Desert Orchid)
How Much Will The Winning Cheltenham Gold Cup Jockey Get?
Jump jockeys in UK horse racing receive £214.63 for riding per race. While they also get a percentage of any winnings, with a jump’s rider getting around 11% of any win prize money and just under 3.5% of any place prize money.
This means with the Cheltenham Gold Cup prize money for the winner at £351,991.08, the succesful jockey will get £38,719. Not bad for just under seven minutes work. Last year’s winning time was 6m 45.46 seconds for Galopin Des Champs (2023).
Last year’s winning Gold Cup jockey was Paul Townend.
You can learn more about how much jockeys get per ride in the UK here.
How Does The Cheltenham Gold Cup Prize Money Compare To The Grand National?
So, we now know the winning Cheltenham Gold Cup horse gets £351,991.08 – but how does this compare to the Grand National?
Well, despite being one of the main jumps races on the NH calendar it’s still someway short of the Aintree Grand National prize haul.
The 2023 Grand National winner, Corach Rambler banked £500,000 – which works out at £148,008.92 less than the Gold Cup.
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