Ozone Park, NY (SportsNetwork.com) - On the heels of a purse increase to the Preakness Stakes, the New York Racing Association (NYRA) has announced a similar boost to the Belmont Stakes, the third jewel in racing's Triple Crown.
The 1 1/2-mile Belmont Stakes starting in 2014 will have a purse of $1.5 million an increase of $500,000. This will give the Belmont the same purse as the Preakness with the Kentucky Derby worth $2 million.
"This Belmont Stakes is the main attraction of the biggest day of the year at Belmont Park, and we feel this increase suitably reflects the race's status as one of the sport's prestigious Triple Crown events," said Martin Panza, Senior Vice President of Racing Operations for NYRA. "I am grateful to Steven Duncker, Bobby Flay, Barry Ostrager, Leonard Riggio and Rick Violette of the NYRA Racing Committee for their help and cooperation in making this increase possible."
The winner of the 146th Belmont Stakes will receive $800,000, $280,000 to second, $150,000 to third, $100,000 to fourth, $60,000 to fifth, $45,000 to sixth, $35,000 to seventh and $30,000 to eighth.
"Belmont Stakes runners represent the very best of their respective foal crops," said NYRA Stakes Coordinator Andrew Byrnes. "This purse increase helps ensure the fullest, most competitive field possible, and even an owner whose horse finishes eighth can earn good purse money for his or her commitment."
The 2013 Belmont Stakes was won by Palace Malice, owned by Dogwood Stable, trained by Todd Pletcher and ridden by Hall of Fame jockey Mike Smith.