Cheltenham Racecourse is a racecourse for horse racing events, located at Prestbury Park, near Cheltenham in Gloucestershire. Its most prestigious meeting is the Cheltenham Festival, held in March, which features several Grade I races including the Cheltenham Gold Cup, Champion Hurdle, Queen Mother Champion Chase and World Hurdle.The racecourse has a scenic location in a natural amphitheatre just below the escarpment of the Cotswold Hills, at Cleeve Hill, with a capacity of 67,500 spectators.