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The highly-touted Kauto Star, sent off 2-1 favourite for the Queen Mother Champion Chase, crashed out at the third fence, interfering in turn with Moscow Flyer, who eventually battled on to finish fifth in what proved to be the final race of his glittering career.
But the eight-year-old Newmill, trained by John Murphy and ridden by Andrew McNamara, quietly went about his business, made most of the running, and bounded up the hill to land a convincing win by nine lengths from Fota Island (4-1).
Mister McGoldrick (50-1) was third and Central House fourth, as only six of the 13 runners completed the course.
"That was amazing, I can't believe how well he travelled all the way. He has a serious amount of speed," said 22-year-old Irish jockey McNamara, a second-season professional who shot to prominence earlier this season with a treble at Musselburgh.
"I had one look behind before the last. I heard a big roar (when Kauto Star fell) but I wasn't sure if it was him or not."
Murphy said: "We only decided to come for this two weeks ago. I was considering the Champion Hurdle. He will stay three miles, but I don't know what we will do with him next."
| 14 Mar 2006 | Brave Inca Very Brave |
| 14 Mar 2006 | Hardy Eustace Treble Bid |
| 13 Mar 2006 | Cheltenham Festival Live TV over the Internet |
| 13 Mar 2006 | Mullins Bumper Jockey Plans |
| 13 Mar 2006 | Hardy Eustace in first time visor |
| 13 Mar 2006 | VCbet 60 Years £60 Free Bet Offer |
| 12 Mar 2006 | 17 Line up for Champion Hurdle |
| 10 Mar 2006 | Hedgehunter to run in the Gold Cup |
| 09 Mar 2006 | Asian Maze set to run in Champion Hurdle |
| 09 Mar 2006 | Chelteham Festival Form Guide Day 4 |
Following on from last year, we are delighted to announce that we are featuring horse racing tips from Channel Four Racing presenter, Tom Lee.
Tom appears on Channel 4's Morning Line & covers live Racing in the afternoon as well fronting RTE's Racing coverage in Ireland, his Cheltenham Festival Tips and previews of each day's Racing will be available during the Festival and supported with opinions and views from our Racing writers.
View Tom's Racing Tips
We now have the latest bookmakers betting odds for the main Cheltenham Festival Races.
These odds are updated regularily to ensure that you in touch with all the market moves in the build up to the festival.
The four days of the Cheltenham Festival play host to a number of high quality races: