It is run at Ffos Las over a distance of about 2 miles (3,219 metres) and it is scheduled to take place each year in October.
The race was first run in 1969 at Chepstow over 2 miles and continued there until 2002, holding Listed status during the 1980s.
The race was usually run on Easter Monday and prior to the 1990s was usually contested by horses that had performed well in the Champion Hurdle.
In 2010 the race was revived, as a Limited Handicap, scheduled to be run at Ffos Las in February, over 2 miles.
The new race did take place in 2011, being won easily by Oscar Whisky, owned by track owner, Dai Walters.