BEWARE The Bear (10/1) claimed top honours in the Grade 3 Ultima Handicap Chase at Cheltenham under Jerry McGrath.

Trained by Nicky Henderson, the Shantou nine-year-old finished fourth in this contest last year. Today he won by a length and a quarter, beating Vintage Clouds in the 24-strong field.

For much of the way it looked like Up For Review might give Willie Mullins his third winner of the afternoon as he travelled powerfully on the heels of the leaders running down the hill. However, he made a mistake three fences from the finish and his effort soon petered out.

Beware The Bear, a winner at Cheltenham in January, was in the lead at the top of the home straight and while Sue Smith’s Vintage Clouds finished strongly, Henderson’s inmate had just enough in reserve to hold him at bay.

Nick Alexander’s top-weight and Grand National contender Lake View Lad ran a fine race to finish third ahead of Lucinda Russell’s Big River, another Scottish challenger, in fourth.

Henderson said: “That was lovely. Jeremiah McGrath gave him a lovely ride and he had a lovely time. It is nice to get one on the board as that settles everything down.

“We put them on (blinkers) on New Year’s Day. We’ve always made the running with him, or tried to do that. There was only six runners that day (New Year’s Day) and he got a soft lead.

“He normally goes up there, drops himself out and comes home with a rattle. We thought ‘let’s start where he normally puts himself’, so we started at the back and passed horses. He stayed well and he enjoyed that.

“He is not in the Grand National and you might wish you had put him in there now, but I would imagine we will have a look at something like the Scottish National or the bet365 at Sandown.”

Owner George Barlow had waited 46 years for another Festival winner, having had one in 1973. He proudly held up a lucky, and tiny, teddy bear for the cameras, said: "We never encourage people to back our horses, but when Beware The Bear has blinkers on he is different gear."

Sue Smith was delighted with Vintage Clouds, who ran well to finish second under Danny Cook and will now be aimed ay the Aintree Grand National in April.

SUBSCRIBE TO THE IRISH FIELD & READ ALL OUR PREMIUM CONTENT