Equestrian: Tim Price settles for fifth at Burghley Horse Trials

Defending champion Tim Price has settled for fifth place at this year's Burghley Horse Trials.

The Kiwi and world No.1 completed a clear showjumping round on Bango to finish the event with 41.6 penalty points on Monday (NZ time). 

"He's a class horse," Price told Newshub, after the event. "He's taken a few years to get it together, but he was impressive."

The 40-year-old finished 10.8 behind winner Pippa Funnell of Britain and her mount, MGH Grafton Street.

Funnell beat Piggy French by just 0.1 of a penalty point to win the event for the first time since she completed the Grand Slam in 2003.

The Grand Slam consists of consecutive wins at Kentucky, Badminton and Burghley.

Fellow Brit and former winner Oliver Townend rounded out the top three on Ballaghmor Class.

Caroline Powell was the next best Kiwi, finishing 20th with 75.1, on On the Brash.

Dan Jocelyn, aboard Blackthorn Cruise (82.5), and Samantha Lissington with Ricker Ridge Rui (101.1) rounded out the Kiwis to complete the event, finishing 24th and 30th respectively. 

Price's leading mount and 2018 champion Ringwood Sky Boy was unable to complete the cross country, after a fall. 

"It was disappointing," Price added. "He got some water in his ear, wasn't the greatest, but he's feeling much better today." 

After the event, Kiwi Sir Mark Todd was given a special send-off, after announcing his retirement in July.