Horse racing in Ireland industry go from strength to strength. The Irish horse racing industry is today worth €1 billion per annum, employs over 14,000 people, and is a major player on the international scene. In Ireland, the Flat racing season runs from mid-March to mid-November, and comprises races started from stalls, run over 5 to 20 furlongs. These races are held at 23 racecourses, of which 3 run only Flat. National Hunt racing, or Jump racing, is run year-round in Ireland, but the main season takes place from November until the end of April, coinciding with the lull of the flat racing season.
Cheltenham Gold Cup was responsible for all of the first five horses to finish – Bregawn, Captain John, Wayward Lad, Silver Buck and Ashley House. The 1986 winner, Dawn Run, is the only horse to have ever won both this race and the leading hurdle event, the Champion Hurdle. One of the most popular horses to win the Gold Cup was Desert Orchid, a grey who won the event in 1989. The following year's running was won by Norton's Coin, whose starting price of 100/1 represents the race's longest ever winning price. The entire Cheltenham Festival was cancelled in 2001 because of an