The Cheltenham Gold Cup, run over 3 miles 2½ furlongs and 22 notoriously stiff fences on the New Course at Prestbury Park, is the most valuable conditions, or non-handicap, chase in the British National Hunt calendar, offering £625,000 in prize money. The race was created, in its current guise, by Frederick Cathcart, Clerk of the Course at Cheltenham Racecourse, in 1924. The inaugural running, which was captured by British Pathé News, was won by Red Splash, trained by Major Humphrey Wyndham and ridden by Dick Rees. Interestingly, the original Gold Cup trophy was returned to Cheltenham Racecourse in 2018 and, mounted on a plinth bearing the names of all the winners in the intervening years, is now presented to the winner as a perpetual trophy.
The Cheltenham Gold Cup was transferred from the Old Course to the New Course in 1959 and, in the modern era, has been won by some of the finest steeplechasers in history. Arguably the finest of them all, Arkle, won the Cheltenham Gold Cup three years running in 1964, 1965 and 1966, completing his hat-trick at prohibitive odds of 1/10, making him the shortest-priced winner ever. The only horse since to win the Cheltenham Gold Cup in three consecutive years was Best Mate in 2002, 2003 and 2004, but the roll of honour includes such luminaries as Dawn Run, Desert Orchid and Kauto Star, to name but a few.
In 1983, Yorkshire trainer Michael Dickinson entered the Guinness Book of World Records, not for the first time, by saddling the first five home in the Cheltenham Gold Cup. In order, his so-called ‘Famous Five’ were Bregawn, Captain John, Wayward Lad, Silver Buck and Ashley House. Other notable winners of the Cheltenham Gold Cup include Norton’s Coin, a completely unconsidered 100/1 outsider trained by Carmarthenshire permit holder Sirrell Griffiths, in 1990, Long Run, who set the current course record of 6 minutes 29.5 seconds, in 2011 and, more recently, Al Boum Photo, who provided perennial Irish champion trainer Willie Mullins with his first winner, after six previous runner-up finishes, in 2019.