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CHELTENHAM: Search for sponsors for Grade 1 novice chases at Cheltenham
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CHELTENHAM: Search for sponsors for Grade 1 novice chases at Cheltenham
on 19 October 2020
Jockey Club Racecourses, who own Cheltenham, need to find new backers for two Grade 1 novice chases

OFFICIALS at Cheltenham are in “advanced discussions” with potential new sponsors for two Grade 1 races at the Festival in March.

With the prospect of no paying customers a real possibility for the showpiece meeting in the Cotswolds, Jockey Club Racecourses, who own Cheltenham, now need to find new backers for two Grade 1 novice chases.

The Racing Post has pulled out of backing the Arkle Trophy, while insurance company RSA has ended their association with the three-mile novices’ chase, which they have sponsored since 1974.

Ian Renton, the Jockey Club’s regional director for Cheltenham and the South West, said: “I’d like to thank RSA and the Racing Post for the support they have shown for these two races and the festival as a whole over so many years.

Current climate

“It is understandable that a number of businesses are reassessing their future marketing and hospitality commitments in the current climate and, although we are naturally saddened to lose any longstanding partner, this provides a fantastic opportunity to become involved with a Grade 1 novice chase at the festival.

“We are at advanced discussions with future partners for both races and look forward to announcing these in the coming months.”

Showcase Meeting

Racing at Cheltenham will take place for the first time since last season’s sestival later this week, with the two-day Showcase Meeting getting under way behind closed doors on Friday.

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