All You Need To Know About The Caulfield Guineas Prize Money

The Melbourne Spring Racing Carnival plays host to several Group 1 races, and the Caulfield Guineas is one of the biggest among them. Of course, Group 1 races are where the most money is on offer, and as one of the most highly sought-after, it’s no surprise that the Caulfield Guineas has a suitably significant prize pool. 

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You can use the event as the theme, such as horse racing, you can incorporate various horse racing elements and some slogans. At the same time, if you are the organizer of the event, you can also incorporate the brand's logo into the design. When the contestants receive such custom medals, it is not only a commemoration of the important moment but also an honor. 

Such custom medals are not only a recognition of contestants’ efforts but also a good wish for their future horse racing career. Whether you want to commemorate yourself or the organizer wants to award event prizes, custom medals should not be missed.

What is the total prize pool for the Caulfield Guineas?

The Caulfield Guineas 2021 prize money total sits at a very handsome $2 million. The winner takes home more than half of this, with $1.2 million going to connections of the horse first past the post, while second-place still collects a very handsome $360,000. The third gets half of that at $180,000; the fourth collect $90,000. The fifth receives $50,000, while $40,000 is on offer for the three horses finishing sixth, seventh and eighth.

There is also a generous $1 million bonus on offer for horses who go on to win the Cox Plate, which takes place a few days after the Caulfield Guineas. Horses winning both the Caulfield Guineas and the Cox Plate will receive it, as will any Cox Plate winners who compete in either the Caulfield Guineas or the Thousand Guineas and any one of the following: the Stutt Stakes, the Caulfield Guineas Prelude, or the Thousand Guineas Prelude. 

How does this prize money compare to other Group 1s?

The Caulfield Guineas prize money doesn’t get close to matching what is on offer for the biggest races in Victoria, but it compares favorably to most other Group 1s. As an example, the total prize pool for the Melbourne Cup is four times that of the Caulfield Guineas at $8 million. In comparison, $5 million is shared around Cox Plate participants and the prize money for the Caulfield Cup currently also sits at $5 million.

Those three races, however, have far and away from the biggest prize pools in Victorian racing. There is a significant drop-off after them, and the $2 million on offer in the Caulfield Guineas is either equal to or more than every other Group 1 race in the state. The Victoria Derby and Mackinnon Stakes are the only two with the same prize pool, while the additional 25 all come in at $1.5 million or less.

The biggest races in Sydney tell a similar story. Of the Group 1s, only two races outrank the Caulfield Guineas for prize money: the Queen Elizabeth Stakes, for which $4 million is on offer; and the Golden Slipper, which sees $3.5 million shared among participants. The Everest, of course, is well ahead of all these races with a massive $15 million prize pool, though it is not a Group 1 race.

A step below the best but well above the rest

There’s no doubt that the Caulfield Guineas is a much less significant race than the likes of the Melbourne Cup, the Cox Plate, and a handful of races in Sydney, and the inferior prize money on offer compared to these races is indicative of that fact. However, outside of those select few, it’s one of the most prestigious races in Victoria, as evidenced by the fact that it has the fourth-highest prize pool in Victorian racing. It’s one of the most important races for three-year-olds in the country, and with $2 million on offer, there is more than enough prize money to go around.