Betfred to Sponsor the Cheltenham Gold Cup

MANCHESTER, England -- (PRESS RELEASE) -- Cheltenham Racecourse has announced that as part of Betfred's purchase of the Tote, the Cheltenham Gold Cup will be renamed The Betfred Cheltenham Gold Cup for 2012.

Making the announcement, Cheltenham's Managing Director, Edward Gillespie, said: "I am delighted to confirm that our biggest race will be known as The Betfred Cheltenham Gold Cup in 2012. The race takes place exactly 6 months from today, on Friday March 16th and the team here is really looking forward to working closely with Fred Done and his colleagues in the build up to The Festival this season. We have already had some positive early discussions with the Betfred team about this sponsorship and we are very pleased to welcome Betfred as the latest sponsor of this historic race."

Betfred boss, Fred Done, added: "Sponsoring The Betfred Cheltenham Gold Cup is one of the proudest moments of my career and we are now looking forward to sitting down to discuss the future, having been very impressed by the professionalism of Edward Gillespie and his team."

Betfred Sportsbook's Cheltenham Gold Cup 2012 latest odds

11/4 Long Run
14 Imperial Commander
14 Captain Chris
14 Time for Rupert
14 Weapons Amnesty
16 Diamond Harry
20 Denman
20 Quito de la Roque
25 Bar