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New sponsor for Cheltenham Festival Plate handicap chase

Image: Ballynagour won the Plate last year

Brown Advisory & Merriebelle Stable have been announced as the new sponsors of the race formerly known as the Byrne Group Plate at the Cheltenham Festival.

Brown Advisory is an independent investment firm while Merriebelle Stable combines the U.S. thoroughbred interests of long time business partners John Moores and Charles Noell.

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Logie Fitzwilliams, head of international business at Brown Advisory, said: "We are very excited to be sponsoring the Brown Advisory & Merriebelle Stable Plate at such a prestigious and enjoyable meeting as the Festival."

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