Cheltenham Gold Cup chasers as Arkle, Best Mate, Golden Miller, Kauto Star and Mill House. The Gold Cup is the most valuable non-handicap chase in Britain, and in 2014 it offered a total prize fund of £550,000. The first horse race known as the Cheltenham Gold Cup took place in July 1819. It was a flat race, and it was contested over 3 miles on Cleeve Hill, which overlooks the present venue. The inaugural winner, Spectre, won a prize of 100 guineas for his owner Mr Bodenham. The Cheltenham Gold Cup was first run as a jumps race on 12 March 1924. The
Horse racing in Scotland have a strong local feeling, local runners and local patronage. Racing horses for sport in Scotland dates back at least 900 years. The Lanark Silver Bell, reputedly first contested in the reign of William the Lion of Scotland in the 12th or early 13th century is among the first horse races recorded anywhere. In fact, until 1977, when Lanark Racecourse closed, it was the oldest continually run horse racing event in the world. After a break of 30 years it was revived at Hamilton in 2008. Among other early records of racing are those in the Lord Treasurer's Accounts, the