It’s billed by the Australian Turf Club as ‘the world’s richest race on turf.’
But exactly how rich is the Group 1 The Everest?
When the barriers open for the ninth running of The Everest this Saturday at Royal Randwick, the 12 slot holders will be chasing a total prize pool of a staggering $20 million.
To put that in perspective, the prize kitty for Australia’s second richest race, the Melbourne Cup, is only half that at $10 million.
MORE: Group 1 mismatch—is the $20 million Everest already over?
The winning Everest connections on Saturday will take home a cool $7 million—together with the diamond and ruby encrusted Everest trophy valued at more than $430,000.
But don’t be too disappointed for the minor place getters, for their pain will be quickly eased by the $2.9 million and $2 million purses for second and third.
Fourth and fifth both still earn well north of $1 million for their efforts, while even the bottom six finishers collect $700,000 for getting beaten—comfortably more than the first prize for a majority of black type races held in Australia each year.
It’s big money—very big—and not bad for a 1200-metre scamper that should take the winner barely 68 seconds.
The Group 1 Everest (1200m) will be run on Saturday 18 October at Royal Randwick in Sydney, the same day as the Group 1 Caulfield Cup in Melbourne.
Hong Kong superstar Ka Ying Rising remains a dominant odds-on favourite.
The Everest 2025 - Prize Money
Placing | Prize Money |
1st | $7,000,000 |
2nd | $2,900,000 |
3rd | $2,000,000 |
4th | $1,500,000 |
5th | $1,200,000 |
6th, | $950,000 |
7th to 12th | $700,000 |