A global horse racing competition is the Saudi Cup. It is among the wealthiest horse races worldwide according to the winning payout. Mishriff has crowned the new champion in 2021.
In the 2023 Saudi Cup, The King Abdulaziz Racecourse in Riyadh, Saudi Arabia, has been announced as the venue. The prize money for the Saudi Cup 2023 has been revealed.
Saudi Cup Prize Money 2023
| Standing | Prize Money | Jockey Share |
| Winner | $20m | $2m+ bonuses |
| Runner-up | $10m | $1m |
| Third | $3m | $300k |
| Fourth | $2m | $200k |
| Total Prize Share | $35.35m | – |
The Saudi Cup prize money increases slightly each year. In the 2022 Saudi Cup, the total prize pool was $35 million, but this year the payout increased. In the 2023 tournament, the prize money will be 35.35 million.
The winner of the Saudi Cup 2023 will take $20 million put into his pockets. This highest prize money makes the Saudi Cup the richest horse race in the world.
The runner-up will receive a $10 million prize share from the total prize money. Which is the highest runner-up prize pool among other horse races in the world.
The 3rd place player will earn three million prize money and the 4th position player will take 2 million prize shares.
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There isn’t a fixed sum of cash awarded to jockeys in horse racing, but there are laws that specify that they receive a portion of the winning total prize.
According to the specifics, 10% is given to the jockey, meaning the Saudi Cup champion in 2023 will get a portion of the prize of $2 million in addition to some prizes from the owners.
Saudi Cup Prize Money 2022
| Position | Prize Share |
| Winner | $20m |
| Runner-up | $10m |
| Third | $3m |
| Fourth | $2m |
| Total Prize Money | $35m |
