Newcastle's Aaron Royle will compete next week in the world’s richest triathlon, the Island House event.

NEWCASTLE’S Aaron Royle has a chance to finish 2016 on a lucrative note when he competes next week in the world’s richest triathlon, the Island House event.

BIG FINALE: Newcastle triathlete Aaron Royle will be chasing a potential $78,000 jackpot in the last race of the season.

BIG FINALE: Newcastle triathlete Aaron Royle will be chasing a potential $78,000 jackpot in the last race of the season.

The invitation-only event, to be staged in the Bahamas from October 28-30, features a total prize pool of $US500,000 ($652,000), including $US60,000 ($78,260) for both the men’s and women’s champions.

Royle will fly out on Tuesday to prepare for what will be his final race of 2016 before his off-season break.

The 26-year-old from Maryland has continued training since the Olympics, in which he finished ninth.

None of the top three place-getters at Rio – England’s Alistair and Jonathan Brownlee and South Africa’s Henri Schoeman – will be competing in the Bahamas.

AAP Reports:  Ashleigh Gentle is aiming to put a disappointing Olympic debut behind her by equalling Emma Snowsill's record of three consecutive Noosa Triathlon titles.

Defending champion Gentle will headline the women's race on October 30 when she looks to bag her third straight Noosa triumph, and fourth overall, at the Olympic distance event.

Fellow Gold Coaster Snowsill claimed five titles in all as she dominated the race from 2003 to 2008, but Gentle, who won her first Noosa race in 2012, can draw within one with another victory.

"Noosa has always been a special race for me and to come away with a fourth win and third consecutive title would be something I can be proud of," she said.

"Anything can happen on race day, but I am excited to be heading back to Noosa for the challenge."

Gentle is also hoping to atone for an underwhelming Olympic debut in Rio where she finished 26th.

"Unfortunately I didn't race to my potential, and it was extremely disappointing, although I learnt more from the experience than I ever could have imagined," she said.

"I will use those things to make me a better athlete in the future."

Gentle must overcome tough opposition with last year's runner-up, Charlotte McShane, and fellow Olympian Emma Jackson, the 2009 Noosa champion, both in the field.

In the men's race, Olympic teammates Ryan Bailie and Ryan Fisher will be the leading contenders with Wollongong-based Bailie looking to follow up from his top-10 finish in Rio.

Last year's third place finisher Jacob Birtwhistle and two-time runner-up Dan Wilson will be among the challengers.

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