Cheltenham Parks Lido is the home of Cheltenham Swimming and Water Polo Club. Cheltenham Festival is a significant National Hunt racing meeting, and has race prize money second only to the Grand National. It is an event where many of the best British and Irish trained horses race against each other, the extent of which is relatively rare during the rest of the season. The festival takes place annually in March at Cheltenham Racecourse. The meeting is often very popular with Irish visitors, mostly because of that nation's affinity with horse racing, but also because it usually coincides with St. Patrick's
Cheltenham Gold Cup they lost their sponsorship following Jockey Club's and Arena Racing new initiative to not allow bookmaker sponsorships on their tracks that do not offer any contribution to horse racing from their offshore business. Only two weeks later a new sponsorship deal was announced with Timico, an independent internet service provider whose CEO Tim Radford is a horse owner having top chasers like Somersby and Racing Demon associated with his name. Timico also offered an increase of £25,000 to reach a total of £575,000 prize money for the 2016 Gold Cup renewal. It was the first time that the race had