The Ryanair Chase is the second of two blue riband events run on Day 3 of the Festival.
Run over the intermediate distance of two and a half miles, it is an alternative target to the Champion Chase or the Cheltenham Gold Cup.

Registered as The Festival Trophy, it was introduced when a fourth day was added to the Cheltenham Festival in 2005.
Called the Daily Telegraph Festival Trophy Chase in it's inaugural year, it replaced the Cathcart Challenge Cup Chase which was run over roughly the same distance.
It has been sponsored by Ryanair since 2006.
The race has been a stepping stone to future Gold Cup glory for A Plus Tard (3rd in 2020), Don Cossack (3rd in 2015) and Imperial Commander (winner in 2009).
Ryanair Chase Trends
Since its inception, Ryanair Chase trends have strongly pointed to horses with course form and proven stamina.
It’s now impossible to look beyond French-bred horses.
In 2025, six of the nine runners carried the (FR) suffix, including the 1-2-3-4 finishers.
In 2024, French-breds claimed 1st, 2nd and 4th; in 2023, they filled 1st, 3rd, 4th and 5th; and in 2022, four of the seven runners were French-bred, finishing 1-2-3-4.
This extended the winning streak for French-breds to 12 consecutive victories.
There have been two back-to-back winners of the Ryanair Chase: Albertas Run (2010/11) and Allaho (2021/22).
Previous Winners
Fact To File turned the 2025 Ryanair Chase into a procession, going clear before two out and winning unchallenged.
It was a Festival hat-trick for the eight-year-old who won the Champion Bumper in 2023 and the Brown Advisory Novices' Chase in 2024.
Jockey Mark Walsh was full of praise:
Fact To File - Ryanair Chase 2025#CheltenhamFestival pic.twitter.com/asLoToE0hE
— Cheltenham Festival Fans (@cheltfestfans) September 16, 2025
Having finished third and fifth in the last two Gold Cups, Protektorat was ideally suited to the drop in trip on soft ground in the 2024 Ryanair.
With plenty of pace to ensure a proper test, the nine-year-old powered clear of last year’s winner on the run-in, guided by Harry Skelton for his brother and trainer, Dan:
Protektorat - Ryanair Chase 2024#CheltenhamFestival pic.twitter.com/U7IImuvy9g
— Cheltenham Festival Fans (@cheltfestfans) September 11, 2024
Envoi Allen tanked through the race in 2023 and finished nearly three lengths ahead of short-priced favourite Shishkin, who made a bad blunder three from home.
It was the nine-year-old's third Festival victory, following wins in the 2019 Bumper and what is now the Turners Novices' Hurdle in 2020.
It marked a reminder of the class that had seen him heralded as a superstar early in his career, with jockey Rachael Blackmore in no doubt about his quality:
Envoi Allen - Ryanair Chase 2023#CheltenhamFestival pic.twitter.com/UIVKiYC5Rb
— Cheltenham Festival Fans (@cheltfestfans) July 23, 2023
Allaho retained his Ryanair Chase crown in style in 2022, this time under Paul Townend, who had opted to ride former winner Min 12 months earlier.
He produced an almost identical display of domination to the previous year, jumping boldly and galloping his rivals into submission to beat stablemate Janidil by 14 lengths.
Allaho - Ryanair Chase 2022#CheltenhamFestival pic.twitter.com/jZpuW2IuaG
— Cheltenham Festival Fans (@cheltfestfans) February 1, 2023
In 2021 Allaho was given a bold front-running ride by Rachael Blackmore and cruised to a 12-length victory:
Allaho - Ryanair Chase 2021#CheltenhamFestival pic.twitter.com/qD8e4rJMQl
— Cheltenham Festival Fans (@cheltfestfans) February 7, 2023
Having previously chased home Altior in both the Supreme and Champion Chase, Min finally broke his Festival duck in 2020:
Min - Ryanair Chase 2020#CheltenhamFestival pic.twitter.com/4u0o5jA1Oq
— Cheltenham Festival Fans (@cheltfestfans) February 7, 2023
Bryony Frost rode her beloved Frodon to victory in 2019, becoming the first woman to win a Grade 1 chase at the Festival:
Frodon - Ryanair Chase 2019#CheltenhamFestival pic.twitter.com/gvp4VLNj8s
— Cheltenham Festival Fans (@cheltfestfans) February 7, 2023
Ryanair CEO Michael O'Leary finally won the Ryanair with Balko Des Flos in 2018:
Balko Des Flos - Ryanair Chase 2018#CheltenhamFestival pic.twitter.com/ASJOBcP0jg
— Cheltenham Festival Fans (@cheltfestfans) February 7, 2023
Ruby Walsh won with Un De Sceaux in 2017 with some breathtaking jumping:
Un De Sceaux - Ryanair Chase 2017#CheltenhamFestival pic.twitter.com/419VBLo1fo
— Cheltenham Festival Fans (@cheltfestfans) February 7, 2023
Vautour produced perhaps the greatest Ryanair Chase performance in 2016 (the next six home were all Grade 1 winners):
Vautour - Ryanair Chase 2016#CheltenhamFestival
— Cheltenham Festival Fans (@cheltfestfans) September 14, 2021
pic.twitter.com/eU77tNY4DU
Tony McCoy's victory on Uxizandre in 2015 was his final ever Festival winner:
Uxizandre - Ryanair Chase 2015#CheltenhamFestival pic.twitter.com/J0j4BYFML1
— Cheltenham Festival Fans (@cheltfestfans) November 5, 2024
In 2014 the grey Dynaste stayed on strongly to win under Tom Scudamore:
Dynaste - Ryanair Chase 2014#CheltenhamFestival pic.twitter.com/Ei4rfQGXfC
— Cheltenham Festival Fans (@cheltfestfans) November 8, 2022
Perhaps the most popular Ryanair Chase winner was Cue Card in 2013:
Cue Card - Ryanair Chase 2013#CheltenhamFestival pic.twitter.com/EjGVLgM5mp
— Cheltenham Festival Fans (@cheltfestfans) November 8, 2022
Riverside Theatre 2012
Riverside Theatre - Ryanair Chase 2012#CheltenhamFestival pic.twitter.com/frUjPY3zmj
— Cheltenham Festival Fans (@cheltfestfans) November 8, 2022
Albertas Run 2011
Albertas Run - Ryanair Chase 2011#CheltenhamFestival
— Cheltenham Festival Fans (@cheltfestfans) November 8, 2022
pic.twitter.com/TE0V2ZRzfU
Albertas Run 2010
Albertas Run - Ryanair Chase 2010#CheltenhamFestival pic.twitter.com/XxVL4yGpcJ
— Cheltenham Festival Fans (@cheltfestfans) November 8, 2022
Imperial Commander 2009
Imperial Commander - Ryanair Chase 2009#CheltenhamFestival pic.twitter.com/dWc0oZy7Eb
— Cheltenham Festival Fans (@cheltfestfans) November 9, 2022
Our Vic 2008
Our Vic - Ryanair Chase 2008#CheltenhamFestival pic.twitter.com/1DUG7y0JxE
— Cheltenham Festival Fans (@cheltfestfans) December 14, 2022
Taranis 2007
Taranis - Ryanair Chase 2007#CheltenhamFestival pic.twitter.com/OuPkLdRgKQ
— Cheltenham Festival Fans (@cheltfestfans) November 5, 2024
Fondmort 2006
Fondmort - Ryanair Chase 2006#CheltenhamFestival pic.twitter.com/2NdTrixffo
— Cheltenham Festival Fans (@cheltfestfans) November 5, 2024
Thisthatandtother 2005
Thisthatandtother - Daily Telegraph Festival Trophy Chase 2005#CheltenhamFestival pic.twitter.com/zkdGkAIq6M
— Cheltenham Festival Fans (@cheltfestfans) November 6, 2024