Melbourne Cup Stake Higher
MELBOURNE. Tue. (10 a.m.).—The 1948 Melbourne Cup will be worth £12,500, with a gold cup valued at £3OO. This makes the race again the richest in Australia and New Zealand. Last Auckland Cup. worth £10,300. had surpassed the Melbourne Cup as the richest race.
The new cup stakes will be £8750 and the cup to the winner, £2500 for second, and £1250 for third.
The highest prizes ever given for the Melbourne Cup were for the cup won by Bitalli in 1923, when sweepstakes boosted the prize to £13,288.
The winner’s share was £10,288. Windbag’s cup carried stakes of £13,215 and Phar Lap’s £12,429.
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Bibliographic details
Northern Advocate, 16 March 1948, Page 3
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108Melbourne Cup Stake Higher Northern Advocate, 16 March 1948, Page 3
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