Intrapartum cardiotocography (CTG) is widely used for fetal monitoring during labor, yet its interpretation suffers from high inter-observer variability and limited predictive accuracy. Deep learning approaches have been constrained by the scarcity of CTG recordings with clinical outcome labels. We present the first application of self-supervised pre-training to intrapartum CTG analysis, leveraging 2,444 hours of unlabeled recordings for masked pre-training followed by fine-tuning on the 552-recording CTU-UHB benchmark. Using a PatchTST transformer architecture with a channel-asymmetric masking scheme designed for fetal heart rate reconstruction, we achieve an area under the receiver operating characteristic curve of 0.83 on the full test set and 0.853 on uncomplicated vaginal deliveries, exceeding previously reported results on this benchmark (0.68-0.75). Error analysis reveals that false-positive alerts typically correspond to CTG patterns judged concerning on retrospective clinical review, suggesting clinically meaningful predictions even when umbilical pH is normal. We release standardized dataset splits and model weights to enable reproducible benchmarking. Our results demonstrate that self-supervised pre-training can address data scarcity in fetal monitoring, offering a path toward reliable decision support in the labor room.