The race was first introduced to the Cheltenham Festival in 1969 and was named the ‘Arkle Challenge Trophy’ in tribute to the great horse ‘Arkle’, who won three Cheltenham Gold Cups during the 1960s.
Up until 1980, the race was run on the second day of the Festival. However, it was then rescheduled and it has since been run on the Festival’s opening day.
The race did not have a sponsor until 1981, when it became the ‘Waterford Castle Arkle’. Since then, a number of different companies have enjoyed title sponsorship, including Guinness (1994-1999), the Irish Independent (1999-2011), the Racing Post (2012-2020) and Sporting Life (2021-2023). It is now sponsored by My Pension Expert, which is why the race is officially called the My Pension Expert Arkle Challenge Trophy Chase.
Traditionally, horses that perform well in the Arkle Challenge Trophy go on to compete in the most prestigious two-mile chase in the National Hunt calendar, the Queen Mother Champion Chase.
Most recently, this was a path followed by Put The Kettle On. In 2020, she became the first mare to win the Arkle Challenge Trophy since Anaglogs Daughter in 1980. The following year, she won the Queen Mother Champion Chase.
That said, the 1978 winner of the Arkle Challenge trophy, Alverton, did go on to win the following season’s Cheltenham Gold Cup.