The fourth and final day of the Cheltenham Festival is headlined by the Cheltenham Gold Cup, the centrepiece of the entire meeting.
Arguably the biggest prize in horse racing, the Gold Cup rarely disappoints and brings together the toughest of horses for a gruelling trip and jumping test.
Seven races take place on the card, with three of those being Grade One contests, but there’s only one race that everyone is excited about on the day.
Gold Cup Day Race Card
Given that the day feels very much as though it understandably centres around the Gold Cup, it’s important to know when the big one gets underway. You’ll want to know about the other races too, no doubt, so here’s a look at each of them in turn:
Race 1 - JCB Triumph Hurdle - 13:20
- Grade: Grade 1
- Distance: 2m 179y (3382m)
- Fences: 8
- Course: New Course
The first race of the day is Grade 1 and is open to horses aged four years. The weight carried is eleven stone two, though fillies get a seven pound allowance. Like all races on Gold Cup Day this is run on the New Course at Cheltenham.
It lasts for two miles and one-hundred and seventy-nine yards (2m, 179y), with eight fences to be jumped during its course. This is for novice hurdlers only and is, in fact, the leading race in the UK competed in exclusively by juveniles. The field is good too, 22 max with 20 running last time out.
Established in 1939 at Hurst Park in Surrey, it moved over to Cheltenham in 1965 and became part of the Festival three years later. The race has endured numerous sponsors over the years, so you may well find it has a different name when you’re looking for it on the race card. The most successful jockey in the Triumph Hurdle is Barry Geraghty, who has won it five times since 2003.
As with so many other races, the most successful trainer for a long time was Nicky Henderson. He won his first Triumph Hurdle in 1985 and has since won six more up to 2019. It was a record that seemed would never be caught until Willie Mullins decided his 2002 win in this wasn't enough and decided to bang in six winners in seven years between 2020 and 2026 (five in a row between 2022-2026).
Those wins for Mullins included Lossiemouth, who went on to win the Champion Hurdle, as well as the longest odds winner in the history of this race with 100/1 Poiniros in 2025. He backed that up with a 50/1 winner ridden by his son Patrick in 2026. Therefore, he isn't just winning with fancied runners he is banging in some huge outsiders too, it goes to show how strong his four year-olds are and you can only imagine that means he is getting even stronger for the future.
Who do you think will win in 2027, if you don't think it will be Willie then you are mad.
2026 Winner
- Horse - Apolon De Charnie (50/1)
- Jockey - Mr Patrick Mullins
- Trainer - Willie Mullins (IRE)
- Overall Prize Money - £150,000
- For The Winner - £84,405
Winner Trends Since 2000
- Average Odds (Decimal) - 14.92
- Average Age - 4 Years
- Percent Favourite - 27%
- Percent Mares - 12%
Race 2 - County Handicap Hurdle - 14:00
- Grade: Premier H'cap
- Distance: 2m 179y (3382m)
- Fences: 8
- Course: New Course
Open to horses aged five years and up, this Premier Handicap race lasts for two miles and one-hundred and seventy-nine yards (2m, 179y) and has eight fences that must be negotiated. As its name suggests, this is a handicap race so weight allowances are decided upon by the handicapper. Field wise there can be up to 24 in this one but it is usually less than that, although 23 started last year, the biggest field in a long time.
Introduced in 1920 and called the Vincent O'Brien County Handicap Hurdle from 1995 until 2016, this was the final race of the Festival until its position was moved in 2009.
When it comes to looking for a winner in this race then you’ll want to bear in mind that no horse has won it more than once since 1946. The same isn’t true of jockeys, though, with that old Festival favourite Ruby Walsh having picked up four wins over the years. He was followed by the current Festival favourite, Paul Townend, who also now has five victories in this one and holds the record.
Paul Nichols has enjoyed the same number of wins in the race as Walsh as a trainer, but it is yet again Willie Mullins who holds the record with 8 wins. Three of Walsh’s wins came on horses trained by Nicholls and one on a Mullins horse. All five of Townend's were on Willie's runners.
Let's also give Jonjo O'Neill a mention in this. He won this race twice as a jockey, first time in 1982 and then in 1986, before winning it as a trainer in 2000 and then 2026. The 2026 winner Wilful was ridden by his son Jonjo O'Neill Jr. and he co-trained the winner with his son AJ, literally passing over the reigns. An astonishing relationship with winning this race that spans 40 years.
2026 Winner
- Horse - Wilful (14/1)
- Jockey - Jonjo O'Neill Jr
- Trainer - Jonjo & A J O'Neill (GB)
- Overall Prize Money - £110,000
- For The Winner - £61,897
Winner Trends Since 2000
- Average Odds (Decimal) - 16.53
- Average Age - 6.15 Years
- Percent Favourite - 23%
- Percent Mares - 8%
Race 3 - Mrs Paddy Power Mares' Chase - 14:40
- Grade: Grade 2
- Distance: 2m 4f 127y (4140m)
- Fences: 17
- Course: New Course
The Mare's Chase was introduced for the 2021 Cheltenham Festival on Gold Cup Day. Plans were drawn up in 2019 to create a new race for the Festival and it was decided this should be a new 2m 4f Mares' Chase to complement the Dawn Run Mares' Novices' Hurdle and the Mares' Hurdle.
This replaces the Novice's Handicap Chase listed race, over the same distance, that was the 6th race on the card on Champion Day. In order to accommodate this the Fred Winter Juvenile Chase moved from Ladies Day to Champion Day and Grand Annual Chase moved from Gold Cup Day to Ladies Day. The general feeling is more Mares' races are needed in order to maintain the value of unraced fillies' and encourage owners to buy them. By Cheltenham adding this race to the Festival they are supporting breeding in the industry as a whole.
Of course being a Grade 2 race and replacing a Listed race at the same time increases the number of graded races at the Festival as a whole. The inaugural race was won by Irish horse Colreevy, 9/4 second favourite, ridden by Paul Townend. He was of course trained by Cheltenham legend Willie Mullins, who else could it have been to win the first Liberthine Mares’ Chase.
Naturally it had to be Mullins to win the second ever race too, doing so with Elimay ridden by Mark Walsh. Mullins finished second in 2023 and 2024 but on both occasions it was still an Irish trained winner. Mullins then won again in 2025 and 2026 and both times that was with Dinoblue who becomes the only horse to win this race twice. That means to date it has been six from six for the Emerald Isle mares' and four from six for Mullins alone.
The only jockey to win this race more than once to date is Mark Walsh, with three wins - all on Mullins horses. You can expect in the region of 10 runners for this, with eight horses running in the last edition.
2026 Winner
- Horse - Dinoblue (11/8)
- Jockey - Mark Walsh
- Trainer - Willie Mullins (IRE)
- Overall Prize Money - £130,000
- For The Winner - £73,151
Winner Trends Since 2021
- Average Odds (Decimal) - 3.04
- Average Age - 7.83 Years
- Percent Favourite - 33%
- Percent Mares - 100%
Race 4 - Spa Novices' Hurdle - 15:20
- Grade: Grade 1
- Distance: 2m 7f 213y (4820m)
- Fences: 12
- Course: New Course
One of a number of races that was introduced to the Cheltenham Festival when it made the move from three days to four back in 2005, this Grade 1 race takes place over two miles seven furlongs and two-hundred and thirteen yards (2m, 7f, 213y) and has twelve hurdles to be cleared.
It is for novice hurdlers aged five years and over carrying eleven stone seven pounds, with a seven pound allowance for both fillies and mares. Field wise this is always around the 20 mark, indeed 22 ran last time (max 22).
When the race was first introduced it was considered to be a Grade 2 level race, but it changed to Grade 1 in 2008. That was the same year that Albert Bartlett started sponsoring it and to date it still bears the company’s name.
The Novice Hurdle’s leading jockeys are Tony McCoy and Paul Townend, both with three wins. Two of Tony's those wins came on Black Jack Ketchum and Wichita Lineman, horses trained by Jonjo O’Neill who second in the leading trainers, that is behind Willie Mullins who has chalked up four wins to date.
2026 Winner
- Horse - Johnny's Jury (20/1)
- Jockey - Gavin Sheehan
- Trainer - Jamie Snowden (GB)
- Overall Prize Money - £154,650
- For The Winner - £87,022
Winner Trends Since 2005
- Average Odds (Decimal) - 16.57
- Average Age - 6.32 Years
- Percent Favourite - 18%
- Percent Mares - 0%
Race 5 - The Cheltenham Gold Cup - 16:00
- Grade: Grade 1
- Distance: 3m 2f 70y (5295m)
- Fences: 22
- Course: New Course
After all the build-up and all of the waiting, it’s finally time for the main event. This blue riband race is, of course, Grade 1 and takes place over three miles, two and seventy yards (3m, 2f, 70y). It has twenty-two fences that need to be jumped before the horses get onto the final straight and it is open to five-year-olds and over. The field for this is usually around 10, with ten running last time.
The weight is eleven stone six pounds or eleven stone ten pounds for horses aged six or more. There’s a seven pound allowance for mares. Considered to be Britain’s most valuable non-handicap chase, the Gold Cup has enjoyed numerous sponsors during its existence.
An event named the Gold Cup was run at Cheltenham for the first time in 1819, but the race as it is today can trace its roots back to 1924 - the first year it featured jumps. We talk about the Gold Cup in more detail on the Gold Cup page, just click the title above, so we won’t go into too much detail here. What we will tell you is that it switched to the New Course in 1959 and when Coneygree won it in 2015 that was the first time in forty years that a novice emerged victorious.
One of the most famous horses to win it was Arkle and he was ridden by Pat Taaffe, the race’s most successful jockey until Paul Townend took the title in 2026. Taaffe won it three times on Arkle and once on Fort Leney. Arkle was trained by Tom Dreaper, who is the race’s most victorious trainer thanks to his two other wins with Prince Regent and Fort Leney.
Paul Townend is obviously the main stable jockey for Willie Mullins and his win in 2026 to add to those in 2019, 2020, 2023 and 2024 means Mullins now holds the title jointly with Dreaper. You wouldn't bet against Willie winning another Gold Cup and taking that title outright.
2026 Winner
- Horse - Gaelic Warrior (11/4)
- Jockey - Paul Townend
- Trainer - Willie Mullins (IRE)
- Overall Prize Money - £625,000
- For The Winner - £351,688
Winner Trends Since 2000
- Average Odds (Decimal) - 6.12
- Average Age - 7.81 Years
- Percent Favourite - 50%
- Percent Mares - 0%
Race 6 - Festival Challenge Cup Open Hunters' Chase - 16:40
- Grade: Class 2 Chase
- Distance: 3m 2f 70y (5295m)
- Fences: 22
- Course: New Course
There’s obviously a slight feeling of 'after the Lord Mayor’s Show' when it comes to the racing in the wake of the Gold Cup, so the Cheltenham organisers have embraced that rather than tried to go against it. The Gold Cup is the last Grade 1 race of the Festival, with the Festival Chase being an ungraded race for amateur riders on horses aged five or older.
Having said that, it’s worth noting that it’s run over the same three miles, two and seventy yards (3m, 2f, 70y) circuit as the Gold Cup and the horses still have to jump the same twenty-two fences, leading many people to call it the 'Amateur Gold Cup'.
Horses can carry eleven stone ten pounds if they’re five and twelve stone exactly if they’re older, with a seven pound allowance for mares. This is always a massive field, 24 are allowed to run and usually you get a field of 22-24.
The race was first run in 1904 - twenty years before the modern day Gold Cup - and horses must qualify to take part in it by performing well during the year. The leading jockey in the race since 1946 is Colman Sweeney with three wins, whilst the leading trainers are Richard Barber and Paul Nicholls who have both won it four times.
2026 Winner
- Horse - Barton Snow (9/2)
- Jockey - Mr Henry Crow
- Trainer - J J O'Shea (GB)
- Overall Prize Money - £50,000
- For The Winner - £24,445
Winner Trends Since 2000
- Average Odds (Decimal) - 17.58
- Average Age - 9.38 Years
- Percent Favourite - 27%
- Percent Mares - 4%
Race 7 - Martin Pipe Handicap Hurdle - 17:20
- Grade: Class 2 Hurdle
- Distance: 2m 4f 56y (4075m)
- Fences: 10
- Course: New Course
Established in 2009 and named after a hugely successful trainer who decided to retire in 2006 with thirty-four Cheltenham wins under his belt, this race is open to horses aged four-years-old and up.
As it’s a handicap race there is no weight restriction per se, with the horses given different handicaps to ensure a level playing field. It is a two mile, four furlongs and fifty-six yards (2m, 4f, 56y) race that has ten different hurdles along the way. As with the last race this usually sees the maximum field of 24.
What sets this race apart from others at the Cheltenham Festival is that it is open to conditional jockeys only. For those that don’t know, a conditional jockey is essentially an apprentice jockey who has not won any more than seventy-five times under rules. Because of that only one jockey has ever won this race more than once, Danny Gilligan (2024 & 2025), which is perhaps also why no horse has won it more than once either.
Willie Mullins has four victories in this one and held the record until Gordon Elliott matched the feat in 2025, he also now had four winners. Indeed his 2025 win was his only win of the Festival, better late than never.
2026 Winner
- Horse - Air Of Entitlement (10/1)
- Jockey - Patrick O'Brien
- Trainer - Henry De Bromhead (IRE)
- Overall Prize Money - £75,000
- For The Winner - £38,580
Winner Trends Since 2009
- Average Odds (Decimal) - 12.72
- Average Age - 5.83 Years
- Percent Favourite - 6%
- Percent Mares - 17%
What To Expect On Gold Cup Day

For those who have been there all week, the festival begins to take its toll on the final day, but it’s easy to get up for the racing, as it’s time for the big one.
On the day, we have three Grade One races, and one of those kicks us off, the Triumph Hurdle is the traditional curtain raiser for the final day, a Grade One race confined to four-year-old hurdlers.
The County Hurdle comes next, one of two handicaps on the day, and a tightly matched contest where plenty of runners will go with a chance.
The Grade Two Mares Chase, a race introduced in 2021 as part of some changes to the meeting, is the third race on the card and is designed to keep mares in racing and get them over fences.
The Albert Bartlett is one of the toughest novice races of the entire meeting, run over three miles. It’s a race where the strongest of stayers are born. This is the second Grade One on the card, and for young horses, it is one of the toughest challenges they’ll face as a novice.

The Gold Cup takes its place in the centre of the meeting at 4:00 pm, and we’ve got plenty about the race below.
After the Gold Cup, it’s a race known as the Gold Cup for amateurs, with the Foxhunters Chase. A traditional race, where we see many amateur trainers and riders take part, it’s their chance to shine on the biggest of stages.
The last race of the day is the Martin Pipe Conditional Hurdle, the second handicap of the day and often a race that attracts plenty of betting moves, with it being the last race of the meeting.
The current setup for racing on the final day means that the final two races of the meeting are open to amateur and conditional jockeys only. This means that the last chance professionals have to ride at the Cheltenham Festival is in the Gold Cup.
The Cheltenham Gold Cup
The Grand National may have more prize money on offer, but if you ask any racing professional or owner what they’d prefer to win, I think most would say the Cheltenham Gold Cup.
It’s the pinnacle of racing, a true test of jumping and stamina, with the three-mile and two-furlong trip of the race finding out horses that are not quite up to it. We’ve seen this race break the toughest of competitors, whether that be equine competitors or the humans involved.
The race is often run at a good pace, and with the uphill finish, in terms of stamina needed, this trip feels a lot longer than the three-mile trip used by other big races, such as the King George or Betfair Chase, two key Grade Ones earlier in the calendar.

Over the years, we’ve seen plenty of top-quality three-mile horses struggle to get home in this contest.
You need class, but in equal measures you also need guts, determination and the desire to win. In many ways, the two races that headline the first and last days of the meeting are complete opposites. The Champion Hurdle needs speed and elegance. The Gold Cup test needs the opposite.
To win a Gold Cup, you need to be special, and winning the Gold Cup is very special indeed.
Day Two on the New Course
The new course is in operation for the second day in a row here, but there is a little difference to it. With it being Gold Cup day, the course keeps a section of ground on the new course and only allows racing on that for the final day.
This means that when we get to the Gold Cup, there will only have been one race on the ground they will use up the inside, and that will be the Mares Chase, often a small field event.
In terms of comparing form, the Ryanair Chase is also run on the new course, for horses stepping up in trip to the Gold Cup from that.
The Albert Bartlett is run on the new course like the Stayers Hurdle, for those who remain hurdling and go for the big long-distance race a year or two later.
Conclusion: The Best Experience in Racing?

There’s the Grand National at Aintree, the Derby at Epsom and of course, Royal Ascot as an entire meeting. But are any of those a better experience than going to Cheltenham for the Gold Cup? I’d argue not.
The Cheltenham Gold Cup is the pinnacle of racing. It’s the headline act for the biggest horse racing meeting of the year and something that everyone within the sport, and fans, looks forward to.
For those who haven’t been, this is a worthy item for the bucket list, and for those who have been, it’s an event we like to savour every single year.