Most people know this race as the The National Hunt Chase Challenge Cup, although for official purposes it is called The Diamond Jubilee National Hunt Chase. The really exciting thing is that this is a race for amateur jockeys and is contested over a marathon slog of 4 miles, so it is a huge challenge for the novice chasers to get round the course.
This is a race that is steeped in history and you may not know that it is actually the oldest race to be contested at the festival. In the late 1920s and 1930s, the National Hunt Chase Challenge Cup was regarded as the second most important chasing race event, second only to the Grand National.
The National Hunt Chase is is classed as a listed national hunt jumps race.
In recent years, the race has been run at a start time of 17:15 and is the final race on the first Tuesday of the Cheltenham Festival.
Age qualification for the race is 5 years old and upward.
The race is run over a distance of just over 2 miles and 4 furlongs.
In 2011 the total purse was around £55,000, with the winner taking home a touch over £30k.