The runner-up will internet a cool $2.four million, a major $260,000 enhance on final yr’s cheque – and never far behind the successful $three million bounty for victors of the Caulfield Cup or Cox Plate.
For the primary time in Australian racing historical past, the slotholder and connections of the primary 4 horses throughout the road will all take house a cheque price seven figures.
PRIZE MONEY FOR THE EVEREST IN 2020
- First – $6.2m (up $150,000)
- Second – $2.4m (up $260,000)
- Third – $1.3m (up $60,000)
- Fourth – $1m (up $100,000)
- Fifth – $750,000 (up $70,000)
- Sixth – $500,000 (up $50,000)
- Seventh-12th – $450,000 (up $50,000)
The third-placed horse will earn $1.three million (up $60,000 from final yr) and fourth finisher $1 million (up $100,000).
Racing NSW and the ATC have additionally offered one other substantial rise for horses which end among the many tailenders, providing $450,000 for the seventh to 12th positioned finishers.
It is a rise of $50,000 on final yr’s prizemoney and reduces the potential of losses for slotholders, who’re requested to outlay $600,000 every year for a place within the invitation-only race.
Racing NSW chief government Peter V’landys insisted not too long ago The Everest would keep at $15 million regardless of the crippling monetary impact of the COVID-19 pandemic.
Tabcorp is the one slotholder to have locked in a horse for this yr’s race, agreeing a take care of Australian Horse of the Yr-elect Nature Strip, which ran fourth in final yr’s race behind stablemate Sure Sure Sure. Chris Waller’s colt by no means raced once more after injuring a tendon.
Essentially the most pleasing facet about The Everest is that it’s an occasion that has been designed for the youthful demographic.
Racing NSW and the ATC are hoping to have unrestricted crowds at Randwick on October 17 for The Everest, regardless of a latest spike in COVID-19 circumstances in Victoria slowing down the nation’s restoration.
The Everest might be held on the identical weekend because the NRL preliminary finals.
“Essentially the most pleasing facet about The Everest is that it’s an occasion that has been designed for the youthful demographic,” V’landys stated.
“The underneath 35s have actually engaged in The Everest and made it their very own generational occasion. Prefer it or not the underneath 35s do not readily have interaction in conventional occasions which they view as related to their mother and father and so they need their very own independence.
“The Everest is daring, brash and disruptive all key substances to that attraction to this demographic. We all know from the information collected on race day highlights that 80 per cent of attendees are underneath 35 so the Everest has accomplished its job.”
Adam Pengilly is a Sports activities reporter for The Sydney Morning Herald.