The race was won by eleven-year-old, 50/1 outsider, Last Suspect, ridden by Hywel Davies in a time of 9 minutes 42.7 seconds for a prize of £54,314.
The winner was owned by Anne, Duchess of Westminster and trained by Captain Tim Forster in Letcombe Bassett, Oxfordshire.
[2] As for its introduction last year, the maximum field safety limit of forty runners was filled with no entrants being withdrawn on the day of the race.
The horse had been third in the previous year's Cheltenham Gold Cup while speculation was rife that this would be Francome's last attempt at the National, having so far never won the race.
[7] The majority of the betting public put their faith in last year's champion Hallo Dandy at 14/1, Fethard Friend at 16/1, and Classified at 20/1 with Hill of Slain, Kumbi, Scot Lane, Broomy Bank, Rupertino, Tacroy and Talon considered the only others in the field capable of winning the race.
[9] All of the other main contenders remained in contention at the end of the first circuit with the exception of Lucky Vane who had been pulled up after breaking down jumping Valentine's Brook.
[10] Corbiere had been the most prominent of the favourites on the first circuit but West Tip seemed to be cantering and moved up to dispute the lead as the field came to Becher's Brook for the second time only to crumple on landing and fall.
[11] Rupertino, Corbiere and Last Suspect led Greasepaint over the Canal Turn with Mr Snugfit and Classified both still in contention while Drumlargen had stopped at the fence before Becher's[12] and Fethard Friend was tailed off.
[4] At the third last fence Corbiere held a two length lead over Greasepaint, Last Suspect, Mr Snugfit, Rupertino and Classified with Scot Lane and Glenfox still in contention but by the penultimate flight Mr Snugfit had moved up to take the lead and looked assured of victory at the final fence with Corbiere, Greasepaint, Last Suspect and Classified all labouring behind him.
While the overhead shots have continued ever since in the slow motion reruns of the races, it was only used once more in the live footage before being replaced by a camera in a gantry above the banking of the course.
Richard Pitman presented a post race rerun, using camera shots not used during the original broadcast, to show viewers what fate had befallen the horse they had backed.
[17] Twenty-five years after jockey Hywel Davies' win, his hometown of Cardigan in Mid Wales held a commemorative dinner to celebrate the anniversary of his Grand National victory.