The Jockey Club outlined plans to award £1m in prize cash to horses capable of winning the three most famous Grade One races in the new 2019-20 season, in an effort to improve involvement with racing in the UK.
The prize money will be awarded to the owner, trainer, racing staff and jockey of any horse who wins the Betfair Chase at Haydock Park in November, the Ladbrokes King George VI Chase at Kempton Park in December, and the Magners Cheltenham Gold Cup on the final day of next March’s Festival.
Jockey Club Racecourses designed the initiative, which stages 85% of Grade 1 Jumps races in Britain and reinvests all its earnings back into the sport.
Paul Fisher, Chief Executive of Jockey Club Racecourses, said: “We’re delighted to once again be offering this £1 million bonus to horses taking part in the three most prestigious Grade One staying chases in Jump racing.
“The fact that no other horse has achieved what the great Kauto Star did nearly 13 years ago shows you not only how special he was but also how competitive this division of Jump racing is. It would be fantastic to crown a new king of our sport and a great story for racing fans to share with a wider audience.”
In addition to the individual prize money on offer to win the treble, the £ 1 million insured bonus and the Kauto Star Trophy will also land winning links. To promote the three Chase Triple Crown events, the bonus is set to be covered by an insurance premium funded from the marketing budgets.
Back in March 2007, Kauto Star was the only horse to handle’ the treble’ in what was hailed as one of the finest racing performances. Kauto Star and 11-time Champion Jumps Trainer Paul Nicholls immediately announced the goal of winning the £ 1 million Chase Triple Crown Jockey Club.
Nicholls said:“I still think in this generation Kauto Star is the best there’s been. He was a very special horse. When he won the Triple Crown I said it would be an extremely difficult thing for any horse to repeat and I stand by that.
“But it doesn’t mean it can’t be done. There are some great chasers out there and the new season promises to be very competitive again.”