2023 World Athletics Championships prize money breakdown
The much-awaited 2023 World Athletics Championships kicked off on August 19, 2023, in Budapest, Hungary with 49 events and more than 2000 athletes from over 200 countries participating.
The organizers of the championships have announced a total prize money of $8,498,000 for the overall event.
The athlete winning an individual gold medal will earn $70,000, the runner-up will pocket $35,000, and the athlete winning a bronze medal will bag $22,000.
An athlete who secures a fourth place in an individual event will earn $16,000 while a fifth-place finisher will take home $11,000. Sixth, seventh and eighth-place finishers will respectively collect $7,000, $6,000 and $5,000.
In relay events, the winning team will get paid $80,000 while the runner-up team will pocket $40,000. The team to finish third on the podium will bag $20,000. The team that secures fourth place will get $16,000. The fifth, sixth, seventh, and last finishers will respectively bag $12,000, $8,000, $6,000, and $4,000.
The athletes shattering the world records will qualify for a special award of $100,000, given there is an improvement in the existing World Athletics World record.
Timings that are equal to that of the existing world record will not qualify for the special award.
