An investment firm has teamed up with a fledgling breeding operation to sponsor one of the most fiercely competitive handicap chases at the Cheltenham Festival later this spring.
The Brown Advisory & Merriebelle Stable Plate takes place on St Patrick's Thursday 12 March 2015. Run last year as the Byrne Group Plate, this is the latest incarnation of the 2m 5f contest first staged in 1951 and known for many years as the Mildmay of Flete Handicap Chase.
The announcement pairs together independent investment firm Brown Advisory with Merriebelle Stable, a US and European equine breeding and racing operation launched in 2012. Sophia Brudenell, communications executive at Cheltenham, said the sponsorship was a one-year deal.
A maximum field of 24 will go to post for this year's race. The David-Pipe-trained Ballynagour, won the 2014 renewal, the third time the West Country trainer has been successful in the contest.
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