Neptune add to sponsorship portfolio

  • Last Updated: February 5 2013, 11:20 GMT

Ascot Racecourse and Neptune Investment Management have announced the extension of Neptune Investment Management's horseracing sponsorship portfolio by backing two races at Ascot; one over hurdles and one on the flat.

Rainbow: former winner Neptune-sponsored race

The Neptune Investment Management Novices' Hurdle over a distance just short of two-and-a-half miles, will be run on 16th February for £25,000.

Conditions for the second race are being finalised but it will be a £50,000 event for three-year-olds over a mile-and-a-half, on Saturday 13th July.

The Ascot novice hurdle will form part of the "Road To Cheltenham" series in the run up to the Grade One Neptune Investment Management Novices' Hurdle, the championship event in the mid-distance range on the second day of the Cheltenham Festival, and the sponsor's flagship jumps event.

The flat race will join the company's sponsorships of the Gordon Stakes at Goodwood and the Great Voltigeur Stakes at York, the pattern races that are regarded as the principal Ladbrokes St Leger trials.

Robin Geffen, CEO and Fund Manager, Neptune Investment Management, commented: "Our passion and professionalism are a perfect match for all that top class racing represents in the minds of sport and racing fans alike.

"Moreover, at Neptune we pride ourselves in nurturing and developing young talent whether this is through racing, our educational and arts projects or our own employees.

"We are delighted to be working with arguably the world's most famous racecourse, increasing our race sponsorship portfolio and thereby giving further opportunities to the horseman.

"We look forward to enhancing the 'Road to Cheltenham' series and St Leger trials through our association with Ascot Racecourse."

Charles Barnett, Chief Executive at Ascot, welcomed this enhancement to the racecourse's programme: "Neptune Investment Management's commitment and support of horseracing all over the country is an invaluable benefit to the sport as a whole and we look forward to working with them to build the profile of these two races.

"The top class Finian's Rainbow ran in the equivalent hurdle race at Ascot in 2010 before finishing fifth in the championship race at Cheltenham, where he also won last year's Champion Chase, of course. So we have high hopes of attracting future Cheltenham stars to the Ascot race going forward.

"Flat horses are progressing through handicaps to have a crack at the Ladbrokes St Leger more and more these days, and we hope that our new three-year-old race will provide a good opportunity for improving types in the run up to the final Classic of the season."

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