Derby winning owner Geoff Hill is to sponsor the Astute Electronics Towcester Gold Cup.
The owner of Astute Missile is backing the event 36 runner event which will be held over Towcester’s 480m course on March Saturdays 3rd, 10th and 17th.
It will be worth £10,000 to the winner.
Towcester’s Mick Livesey said: “It is a fantastic gesture from Geoff who is putting something back into the game and we are confident of a very high class competition.”