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
Horse racing in Great Britain Admiral Rous laid the foundations of the handicapping system for horse racing, including the weight-for-age scale. Britain is also home to some of the world's iconic racecourses including Newmarket, Ascot and Cheltenham and many of the world's iconic races including The Derby at Epsom, The Grand National and Cheltenham Gold Cup. The UK has also produced some of the greatest jockeys, including Fred Archer, Sir Gordon Richards and Lester Piggott. Britain has also historically been a hugely important centre for thoroughbred racehorse breeding. In fact all racehorses are called English Thoroughbred, the breed having been created in England. All modern