The Iroquois Steeplechase has partnered with the world famous Cheltenham Racecourse in England to announce a partnership and a $500,000 bonus challenge to any horse that can win both the the Sun Bets Stayers' Hurdle race at Cheltenham in March AND the Grade 1 Calvin Houghland Iroquois Hurdle Stakes in May (...or vice versa, within a 12‐month period).
As Irish-bred Rawnaq, winner of the Iroquois race in May 2016, was eliminated from the competition due to an injury, the Challenge began its second year with a new title sponsor -- local private equity firm TVV Capital -- the first leg of which took place with the Sun Bets Stayers' Hurdle at Cheltenham on March 16.
Irish horse and jockey duo Nichols Canyon and Ruby Walsh, respectively, pulled ahead at the end to win the Hurdle race, and all eyes are now on trainer Willie Mullins in hopes that he will make a return trip to Nashville this May for another go at the bonus.
The TVV-Iroquois Cheltenham Challenge looks to reignite the cross‐Atlantic rivalry that has been a part of steeplechase racing through history, and this challenge is a significant one.
TVV Capital is a Nashville-based private equity firm that acquires and grows businesses in the manufacturing, distribution and service industries across the Eastern United States. The hallmarks of TVV Capital companies are strong management teams, consistent profitability, a defensible market niche, and an identifiable growth path, either through organic, internal growth or through acquisition.