Cheltenham Racecourse Cheltenham Racecourse Cheltenham Racecourse is a racecourse for horse racing events, located at Prestbury Park, near Cheltenham in Gloucestershire. Its most prestigious meeting is the Cheltenham Festival, held in March, which features several Grade I races including the Cheltenham Gold Cup, Champion Hurdle, Queen Mother Champion Chase and the Stayers' Hurdle. The racecourse has a scenic location in a natural amphitheatre just below the escarpment of the Cotswold Hills, at Cleeve Hill, with a capacity of 67,500 spectators. The racecourse also has its own steam railway station (of the same name), although this no longer connects to the national rail
Horse racing wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time. The Korean War disrupted the development of horse racing in the country, but after the Seoul Olympics in 1988, the Olympic Equestrian Park was converted into racing facilities named Seoul Race Park, which helped the sport to develop again. The big race in the UAE is the Dubai World Cup, a race with a purse of US$10 million, which was the