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
Bet365 Gold Cup the company's chairman, who had twice ridden in the Grand National as an amateur jockey. It was the first commercial sponsorship in British sport, and the longest-running until it ended in 2001. In recent years the race has been sponsored by At the Races (2002–03), Betfred (2004–07) and Bet365 (2008–). The record for the longest-running sponsorship of a British horse race is now held by the Hennessy Gold Cup, which was launched seven months after the "Whitbread" and was sponsored by Hennessy until the 2016 running. The Bet365 Gold Cup takes place at a meeting which features both jump and