Prize money for the Munster National on Sunday October 13 has been increased from €80,000 to €100,000.
For the seventh year Ladbrokes will be title sponsors of the 2013 race, which will take place at Limerick Racecourse.
The race has taken place in Greenmount Park for the last 12 years and it is the oldest race in Munster, according to Russell Ferris, Manager of Limerick Racecourse.
“We are delighted to have the prize-money increased from €80,000 to €100,000 for this, the oldest race in Munster with records dating back to 1869. I look forward to another thrilling race on what is a fantastic day of National Hunt racing”, said Mr Ferris.
Last year, the race was won by Raz De Maree, trained by Dessie Hughes and ridden by jockey Bryan Cooper.
Previous winners of the race include Cheltenham Gold Cup winner Imperial Call in 1998, Grade 1 performer Mossbank and top-class chaser Muirhead.
“The added purse could entice even greater depth to the field and hopefully the race will be one to savour”, said Hayley O’Connor, Ladbrokes Ireland.
The racing action will start at the Limerick Racecourse at 2.05pm with seven national hunt races on the card.
Those races will include The Fergus O´Toole Memorial Novice Hurdle Grade 3 of €27,500, which was won last year by Zuzka and Ruby Walsh.
The PricewaterhouseCoopers Steeplechase Grade 3 of €30,000 will also be taking place.