The Cheltenham Festival will remain a four-day fixture, the Jockey Club has revealed.
There was widespread expectancy that the Prestbury Park showpiece would become a five-day event from 2024. But after extensive consultation it has been decided the best way forward is to keep the current format in place.
Ian Renton, who runs Cheltenham as managing director of the Jockey Club's west region, said: "At the Jockey Club we care deeply about the long-term future of our sport and its role in society. That's a mission that enables us to think differently when making decisions. While we explored the financial benefits and an opportunity to reach new audiences, we also found a number of counterpoints to this.