The Spring Cup at Newbury Racecourse has been sponsored by online gambling company, Betgoodwin.
The newly named Betgoodwin Spring Cup Handicap Stakes will take place on 22 April as part of Newbury’s flat season opener.
Regularly one of the top five betting turnover races in Newbury’s calendar, the Class 2 Handicap race is run over one mile on the Saturday of the Dubai Duty Free Spring Trials meeting.
Julian Thick, Chief Executive of Newbury Racecourse, explained :“We are very grateful for Betgoodwin sponsoring the Spring Cup.
“It is always a competitive handicap and one of Newbury’s most successful betting turnover races. We are delighted the race has an increased prize fund in 2023 as part of our 16% increase in prize money this season.”
The Betgoodwin Spring Cup Handicap Stakes has a total prize fund of £70,000 – an increase from £50,000 in 2022 – and only horses aged four years or older are eligible to run.
Last year’s edition was won by the Godolphin-owned Modern News. The son of Shamardal, trained by Charlie Appleby and ridden by William Buick, narrowly beat the David Menuisier trained Migration.
“Betgoodwin are delighted to be sponsoring the prestigious Spring Cup at Newbury,” added Julian Head, Manager Director, Goodwin Racing Ltd. “We are a company who specialises in horse racing which makes this an excellent fit.
“In addition to offering a fantastic state of the art online sportsbook we still operate a telephone betting service for customers. We’re sure this is going to be a happy and long-term relationship between both parties.”