National Hunt racing Grade 1-3 National Hunt races and the list of Group 1-3 Flat races The capital of National Hunt racing in the UK is Cheltenham Racecourse, in the Cotswolds, which hosts the Cheltenham Festival in the third week of March each year, as well as other important fixtures during the NH calendar. There are numerous well-known trainers operating in the Cotswolds including Jonjo O'Neill, Richard Phillips, Tom George, Nigel Twiston-Davies, and latterly Kim Bailey. The highlight of the Cheltenham Festival is the Gold Cup. All races run at Cheltenham finish with a long uphill run-in in front of the stands. The
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