The 170th edition of the Grand National will take place at Aintree Racecourse in April, with a seven-figure sum available in prize money for the fourth year in a row.
The four-mile, three-and-a-half-furlong steeplechase has seen a change in sponsor – from Crabbie's to Randox Health – but the purse remains a sizeable £1million for 2017.
That compares well enough with the £575,000 prize total for the Cheltenham Gold Cup, but lags behind the Epsom Derby on the flat (£1.325m) and is a far cry from the money on offer at other horse races around the world.
But the race that was first won in 1839 by a horse named Lottery remains notoriously unpredictable, with only one pre-race favourite coming through to win in the last eight years; three in last eighteen.
The National's prize purse is thus seems a lot more attainable to those with more humble ambitions the rest of the year round.
The Grand National's prize money goes to the top 10 finishers with £561,300 for the winner, £211,100 for the runner-up, and £105,500 for the third-placed horse.
Grand National prize money allocation per position
World's richest horse races
- Dubai World Cup (UAE) - £7.99million
- Prix de L’Arc de Triomphe (France) - £4.4million
- Breeders' Cup Classic (US) - £4million
- Melbourne Cup (Australia) - £3.77million
- Kentucky Derby (US) - £1.6million
Bookmakers reported in 2016 that the total amount of money bet on the Grand National would reach £200million, across an estimated 35 million punts.