A LOCAL rider could pocket more than P1 million if he can outpace the foreign bets in the Ronda Pilipinas International 2014.
The overall champion gets P600,000, while organizers have allotted P400,000 to the top Filipino rider in the race firing off on February 1.
That means a Filipino could get a P1 million payday, if he can manage to take the top spot of the podium after 1,776.1 kilometers of racing spread over 14 stages.
The total prize pot is P7.3 million, with the top overall team also getting P600,000 and the top local team P400,000.
The PhilCycling-sanctioned event starts with a 66-kilometer Stage One criterium at the Quezon City Memorial Circle.
"We made it a point that only a maximum of 60 percent of the prizes will be won by foreign riders or teams to give our local riders extra incentive and motivation to strive harder," said Moe Chulani, sports development head of Ronda Pilipinas.
The second placer in the individual classification gets P300,000 and the third placer P150,000, with prizes scaled down to the 10th best rider.
In the team classification, the runner-up gets P300,000, third place P150,000, fourth place P100,000 and fifth-best team P80,000.
The top 10 individual Filipino cyclists will pocket P400,000, P200,000, P100,000, P40,000, P36,000, P32,000, P28,000, P24,000, P20,000 and P16,000. Top four local teams will get P400,000, P200,000, P100,000 and P60,000 each.
Each stage win is worth P30,000, with the top Filipino finisher getting P20,000.
Top three winners in the Best Young (Under-23) Rider, Sprint, and King of the Mountain will win P100,000, P60,000, and P40,000, in the bikefest presented by LBC, along with MVP Sports Foundation, NLEX, Maynilad, PLDT and Mitsubishi, Versa 2 Way Radio, and Standard Insurance.