Prestbury Park on the edge of the beautiful Cotswolds in Gloucestershire has been home to the Cheltenham Racecourse since 1831 with the steeplechase course moving to its present location in 1898 from Andoversford. A Cross-country course was opened in 1995 making Cheltenham a multi-faceted racecourse suitable for all types of equine sporting events. There are about 16 racing days a year held at the Cheltenham racecourse with the March Cheltenham Festival the highlight on the calendar.
Cheltenham racecourse is owned by the Jockey Club Racecourses Group which has 14 racecourses in its portfolio of assets and re-invests the profits from them into expanding their facilities and ensuring that the future of horse racing in the UK is secure. Since the 1950’s, Cheltenham Racecourse has been steadily improved with tens of millions of pounds pumped into creating outstanding facilities for the horses and staff employed at the racecourse as well as the addition of several grandstands and a fabulous conference and events centre. In 2004, the ‘Best Mate Enclosure’ was completed, named after the 3 times Cheltenham Gold Cup winner who to this day is considered to be one of the best loved horses in the history of UK horse racing was completed. A superb grandstand was built within the enclosure with a magnificent bronze statue of ‘Best Mate’ taking pride of place alongside it.
A Fabulous Festival to Remember
The 4 day Cheltenham Festival with an impressive line-up of jump racing boasting huge prizes adding up to £3.67 million, is an annual event that horse racing fans look forward to. Around £6 million of prize money is won annually in events at Cheltenham and at least 700,000 people attend meetings there every year. With further substantial capital investment now underway to add more facilities in order to accommodate many more visitors it is sure to become an even more prominent racecourse on the annual UK horse racing calendar.