The Sportsman Weekend - - News -

THE world’s rich­est race on turf will be even richer with $3 mil­lion to

added to the prize pool for the sec­ond edi­tion.

Prize money for the 1200m-sprint at Rand­wick in Oc­to­ber 2018 will be $13 mil­lion, a $3 mil­lion in­crease on this year’s in­au­gu­ral race.

The Aus­tralian Turf Club and Rac­ing NSW an­nounced the prize money would in­crease by an­other $1 mil­lion in 2019 and again in 2020.

Both or­gan­i­sa­tions had pre­vi­ously pledged to boost the prize money pool through bet­ting rev­enue.

The 12 slot hold­ers, who paid $1.8 mil­lion to se­cure a start in the race for three years, will meet with Rac­ing NSW and the ATC later this month to dis­cuss how in­creased prize money will be dis­trib­uted.

The Peter and Paul Snow­den­trained Redzel won the first run­ning of The Ever­est and a $5.8 mil­lion cheque with James Har­ron Blood­stock se­cur­ing the slot af­ter bro­ker­ing a deal with own­ers Triple Crown Syn­di­ca­tions.

“These prize money in­creases re­ward the loy­alty and vi­sion of the orig­i­nal slot hold­ers who backed the con­cept,” Rac­ing NSW chair­man Rus­sell Bald­ing said.

This year’s Ever­est at­tracted a crowd of more than 33,500 to Rand­wick, the largest this cen­tury, and pun­ters wa­gered more than $12 mil­lion on the race with the TAB, dou­ble amount bet on Golden Slip­per.

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