The Grand National is one of the world’s most iconic horse races. It is held annually at Aintree Racecourse in Liverpool, England, and is one of the most prestigious and popular races in the world. Every year, millions of people tune in to watch the drama unfold, with jockeys and horses vying for the prestigious Grand National trophy. But how much do jockeys get paid for winning the Grand National?
Average Prize Money for Winning the Grand National
The prize money for winning the Grand National has steadily increased over the years. In 2020, the winner of the Grand National received a total of £500,000 in prize money. This is split between the jockey and the horse’s owner, and the jockey will receive a share of around £85,000.
How Much Do Jockeys Get Paid for Winning Other Major Races?
The amount of prize money on offer for winning the Grand National is significant, but it is not the only race that jockeys can win big money from. Other major races, such as the Cheltenham Gold Cup, the Grand Prix de Paris, and the King George VI Chase, offer significant prize money to the winning jockey. For example, in 2020, the winner of the Cheltenham Gold Cup was awarded £325,000 in prize money, with the jockey receiving around £82,000.
Factors that Affect How Much a Jockey Gets Paid
The amount of prize money that a jockey receives for winning a major race is affected by several factors. These include:
Experience
Experienced jockeys are more likely to receive a larger share of the prize money than inexperienced jockeys. This is because experienced jockeys have a better understanding of the race, and are more likely to be successful.
Horse Ownership
The horse’s ownership can also affect the amount of prize money that a jockey receives. Generally, horses that are owned by high-profile owners and stables will have a larger share of the prize money allocated to the jockey.
Sponsorships
The amount of prize money that a jockey receives for winning a race can also be affected by the level of sponsorship that the race receives. Races with higher levels of sponsorship tend to offer larger prize money, which can be shared between the jockey and the horse’s owner.
How to Increase Your Chances of Winning the Grand National
Winning the Grand National is no easy feat, and there are several steps that jockeys can take to increase their chances of success. These include:
Choose the Right Horse
Choosing the right horse is key to success in the Grand National. Jockeys should look for a horse that has good form, is well-conditioned, and is suited to the course.
Get to Know the Course
Familiarity with the course is also essential. Jockeys should familiarise themselves with the course before the race, so that they can make the most of any opportunities that arise.
Train and Prepare
Jockeys should also ensure that they are fit and well-prepared for the race. This includes ensuring that they are in peak physical condition, as well as familiarising themselves with the rules and regulations of the race.
Other Sources of Income for Jockeys
Whilst prize money is an important source of income for jockeys, it is not the only way that they can earn money. Other sources of income for jockeys include:
Fees for Races
Jockeys are often paid a fee for taking part in a race. This is usually a set fee, regardless of whether they win or lose the race.
Sponsorships
Jockeys can also earn money from sponsorships. Sponsorship deals can provide jockeys with a regular source of income, as well as additional prize money if they win a race.
Endorsement Deals
Jockeys can also earn money from endorsement deals. These deals involve jockeys promoting products or services in exchange for money.
Conclusion
Winning the Grand National is a prestigious accolade, and the prize money on offer is significant. In 2020, the winner of the Grand National received a total of £500,000 in prize money, with the jockey receiving around £85,000. However, the amount of prize money that a jockey receives can be affected by several factors, including experience, horse ownership, and sponsorship. There are also other sources of income for jockeys, such as fees for races, sponsorships, and endorsement deals.