Fri, 02 Dec 2016
Bobs Worth won the 2012 Gold Cup as favourite
THERE is increasing speculation as to whether Hennessy will be sponsoring the Gold Cup next year.
Talks to extend Hennessy’s backing of Newbury’s biggest jump meeting are due to take place soon.
Hennessy has been associated with the race for 60 years, however, the current deal has now ended, leading to widespread speculation it will not be extended.
Before Saturday’s race, a spokesman for Newbury Racecourse, Andy Clifton, said: “This is the last year of the current deal between Newbury Racecourse and Hennessy and as is always the case in these instances, we’ll be sitting down and discussing the future with the Hennessy team after this year’s race.”
Rumours are circulating that Ladbrokes could be set to step in. Ladbrokes is not aligned with British racing’s authorised betting partner (ABP) policy and has recently lost high-profile links with the World Hurdle and St Leger.
Those races are staged at tracks owned by Jockey Club Racecourses and Arc, which do not allow non-ABP firms to sponsor at their venues.
Newbury, however, has not entered into the agreement.
Any deal with Ladbrokes is likely to make it impossible for bet365’s wider support of the two-day meeting to carry on.