Cheltenham Festival prize money increased

The prize money put up for next year's Cheltenham Festival will have a huge increase in a number of the key races which is good news for the sport and especially the owners, trainers and jockeys the four feature races in 2006 that will benefit shall be the Cheltenham festival gold cup, the Champion hurdle, the Queen Mother Champion chase and the Ladbrokes World Hurdle, following the successful introduction of the four-day Festival earlier this year.

The prize fund for the totesport Gold Cup will be an impressive £400,000 — an increase of more than £50,000 on last year. The Smurfit Champion Hurdle and Queen Mother Champion Chase both see increases of £40,000, to £340,000 and £290,000 respectively. The Ladbrokes World Hurdle will see an increase of 30,000 to £230,000.

Peter McNeile of Cheltenham racecourse said: "We are thrilled to be able to significantly raise prize money for the four championship races at The Festival.

"The increases will enable the Smurfit Champion Hurdle, Queen Mother Champion Chase, Ladbrokes World Hurdle and totesport Gold Cup to cement their positions as the respective championship contests for the very best horses in jump racing."

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