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Page last updated at 21:42 GMT, Saturday, 24 October 2009 22:42 UK

National prize to top 1m by 2013

Liam Treadwell rides Mon Mome to victory in the 2009 Grand National

Archive - Outsider Mon Mome wins National

The Grand National is to become a million-pound race by 2013.

The race's sponsors John Smith's announced the increased prize-money after extending their sponsorship deal for a further three years.

"We are actively working towards the £1m Grand National," said Julian Thick, Aintree managing director. "We have that in our sights for 2013."

The jackpot for the 2009 National was about £900,000, which is dwarfed by the £3.5m on offer for the Dubai World Cup.

The Grand National sponsors also announced that they are dropping the "People's Race" in favour of the "People's Racehorse".

The "People's Race" gave ordinary punters the opportunity to ride in a flat race.

The "People's Racehorse" will be a four-year-old gelding named Smithy, which will be owned by customers who will register for one of 250,000 shares by buying a pint.

The 2009 Grand National was won by the 100-1 chance Mon Mome, who caused a massive shock with a superb run at Aintree in April.

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see also
Dispute over horse race bet cash
29 Sep 09 |  Business
Mon Mome seals shock National win
04 Apr 09 |  Horse Racing
Replay - The 2009 Grand National in full
04 Apr 09 |  Horse Racing
Mystique returns to greatest race
05 Apr 09 |  Horse Racing
Grand National photos
04 Apr 09 |  Horse Racing
Where they finished at Aintree
04 Apr 09 |  Horse Racing
Grand National as it happened
04 Apr 09 |  Horse Racing
BBC racing coverage
09 Apr 11 |  Horse Racing
Griffiths wins the People's Race
05 Apr 09 |  Horse Racing
Ladies' Day photos
03 Apr 09 |  Horse Racing
Comply Or Die wins Grand National
05 Apr 08 |  Horse Racing

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