The Festival Trophy is a Premier Handicap National Hunt steeplechase in Great Britain which is open to horses aged five years or older.
It is a handicap race, and it is scheduled to take place each year on the opening day of the Cheltenham Festival in March.
The event was originally known as the National Hunt Handicap Chase, but its title has included the name of a sponsor from the early 1980s.
It was backed by Ritz Club from 1981 until 1996, Astec Buzz Shop in 1997 and William Hill between 1998 and 2010.
Horses to have achieved victory in both events include Royal Tan, Team Spirit, West Tip, Seagram, Rough Quest and Corach Rambler.