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Winx is the Australian racehorse that has won the most prize money, with earnings of $26,451,175 over her career. She was inducted into the Australian Racing Hall of Fame in 2017 and is one of only three horses to have been inducted while still in training. In second place is Bella Nipotina, who won $18.8 million in prize money, and in third is the undefeated Black Caviar.
| Characteristics | Values |
|---|---|
| Name of the horse | Winx |
| Prize money | $26,451,175 |
| Career span | 2014-2019 |
| Major wins | Melbourne Cup (x3), Australian Cup, Cox Plate, Caulfield Cup, The Everest (x2), Darley Classic, Doomben 10,000, TJ Smith Stakes (x3), VRC Sprint Classic (x2), Queen Elizabeth Stakes, Cox Plate (x4), Chipping Norton Stakes (x4), George Ryder Stakes (x4), Doncaster Handicap |
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What You'll Learn
Winx, the highest-earning horse
Winx, a racehorse foaled in September 2011, has earned the most prize money of any Australian horse. Her earnings totalled a staggering $26,451,175 over her career, with her major wins including the Cox Plate (x4), Chipping Norton Stakes (x4), and George Ryder Stakes (x4). In 2017, Winx was inducted into the Australian Racing Hall of Fame, and a statue was unveiled at Rosehill Gardens in 2021.
Winx began her racing career in 2014 and quickly rose to fame with her incredible victories. She became a global superstar and captivated the world of horse racing. Her success on the track has made her one of the highest-earning racehorses in the world, with over $18,739,211.44 (USD) in prize money.
Winx's achievements have solidified her legacy in the Australian horse racing industry. She has become a household name and a symbol of excellence in the sport. With her impressive earnings and record-breaking performances, she has earned her place as one of the greatest racehorses in Australian history.
One of Winx's most notable achievements was her unprecedented four consecutive wins in the prestigious Cox Plate race. This streak began in 2015 and continued through to 2018, solidifying her dominance in the Australian racing scene.
Winx's last race was the Queen Elizabeth Stakes in 2019, where she claimed victory once again before retiring from the track. Throughout her career, Winx has not only amassed an impressive amount of prize money but has also inspired a generation of horse racing enthusiasts and athletes.
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Group 1 races, their prize money and distribution
Group 1 races are the most prestigious races worldwide, attracting the best sprint and staying racehorses. Australian Group 1 races offer at least $350,000 in prize money, with 60 or more races per season. The average prize money for an Australian horse race has surpassed $50,000, with races worth over $1 million taking place every four days on average.
The distribution of prize money varies between races. For example, the Caulfield Cup and Cox Plate, two of Victoria's spring carnival jewels, award 60% of their $5 million purses to the winners, who receive $3 million each. In contrast, the Victoria Racing Club offers prize money to the 12th-placed horse, with the sixth to 12th-placed horses earning $160,000 last year.
The Kentucky Derby in the United States offers its winner a 62% share of the prize money, while the Preakness Stakes and Belmont Stakes, the other two American Triple Crown races, provide 60% rewards. The Dubai World Cup, Royal Ascot in the UK, and Group 1 races in Australia typically follow the 60% model. The Prix de l'Arc de Triomphe in France gives a slightly lower percentage at 57%, while the Hong Kong Cup winner receives 56%.
The most prominent Group 1 races in Australia include the Melbourne Cup, Caulfield Cup, WS Cox Plate, Victoria Derby, VRC Oaks, and the Australian Cup. The world's richest turf race, Randwick's $20 million The Everest, gained Group 1 status in 2024, and the All-Star Mile, held at rotating tracks in Melbourne, is the latest addition to this prestigious group.
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Millionaire racehorses in Australia
There are several millionaire racehorses in Australia, with some earning well over $1 million. The criteria for inclusion on this list are as follows: the horse must be recognised as Australasian and must have earned at least $5 million in total career prize money, with at least $2.5 million of that earned in Australasian races.
Winx tops the list of millionaire racehorses in Australia, with career earnings of $26,451,175. Black Caviar, who sits 26th on the list of top earners in Australian racing history, earned $7,953,936 over an unbeaten 25-start career.
Other notable mentions include Bella Nipotina, who won $18.8 million in prize money, and Kingston Town, the first Australian horse to win over $1 million.
Some horses that have earned over $1 million but are not included on the list due to not meeting the criteria are Dunaden, Americain, Elegant Fashion, and Delta Blues.
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The Everest, a high-prize race
The Everest is an Australian Turf Club Group 1 Thoroughbred horse race. It is held annually in October at Randwick Racecourse in Sydney, Australia, as the feature race of the Sydney Spring Carnival. The race, which was first held in 2017, covers 1,200 metres on turf. It is Australia's richest race, with a total prize pool of $20,000,000.
The race has an unusual entry structure, with twelve "slots" sold for $600,000 to $700,000 each, representing a slot in the starting gate for an unspecified horse. The slot holder then has the right to race, lease, contract, or share a starter, or sell their place in the gate. The slot holders initially bought spots in the field for $600,000 a year, with a three-year commitment to the race. These positions can be traded, sold, or leased prior to the entry date and for any price.
The Everest's prize money has increased over the years. It was worth $10 million in 2017, $13 million in 2018, $14 million in 2019, and $15 million in 2020, 2021, and 2022. In 2023 and 2024, the prize money was increased to $20 million. The winner of The Everest takes home over $6 million, while the runners-up also receive over $1 million in prize money. The remaining prize money is raised by other revenues, such as wagering, sponsorship, broadcasting, and race day income.
The Everest has attracted criticism from the Australian public and media for its controversial advertising choices. Despite this, the race has continued to grow in popularity, with all slots for the 2025 race sold well before the event. The 2025 race will be held on October 18, 2025, and is expected to attract the world's best sprinters.
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Kingston Town, the first horse to win over $1 million
Kingston Town, the Australian Thoroughbred racehorse, was the first horse in the country to win over $1 million. He was trained by Tommy Smith and ridden by Malcolm Johnston in 25 of his 30 wins. Kingston Town's career began when he was two years old, and in his debut race as a colt, he came last. However, he returned as a gelding to win the Round Table Handicap at Rosehill at odds of 33/1.
Kingston Town went on to win 14 Group One races, including three Cox Plates, the Spring Champion Stakes, the Rosehill Guineas, the Tancred Stakes, the AJC Derby, the Sydney Cup, and the Queensland Derby. He also won the Caulfield Stakes in 1981 and 1982, but despite multiple attempts, he was unable to secure victory in the Caulfield and Melbourne Cups.
The horse's final 23 starts resulted in 16 wins, with his last race in Australia taking place in November 1982. He was then sent to America in 1984 to address his leg problems, and he ended his career with total earnings of $1,605,790.
The Kingston Town Stakes, a Group 3 race held at Randwick, was named after the legendary horse, who won the race twice in 1980 and 1981. The race was previously known as the STC Cup and has a prize pool of $250,000. The Northerly Stakes, formerly known as the Kingston Town Classic, is another race named after the champion racehorse.
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Frequently asked questions
Winx has won the most prize money of any Australian horse, with career earnings of $26,451,175.
Bella Nipotina is third on the list of all-time prize money earners in Australia, behind Winx and Black Caviar. Black Caviar earned $7,953,936 in prize money over an unbeaten 25-start career.
With a total prize of $20 million, The Everest is the most lucrative horse race in Australia. The winner takes home $7,549,000.
