And here goes Lossiemouth into the lead!

Ashroe Diamond is falling back now as Telmesomethinggirl moves into the lead, but Lossiemouth is pushing up now.

Lossiemouth is moving up on the outside now as they approach the third last. Ashroe Diamond still leads but the field is bunched up.

Ashroe Diamond moves into the front and now leads by a couple of lengths with Lossiemouth still lurking further back, but is moving towards the outside with five to go.

You Wear It Well leads up the home straight by a length from Theatre Glory, but Ashroe Diamond is pushing up.

Lossiemouth biding her time at the moment as she is towards the back as You Wear It Well leads after flight number two.

The field are off and away.

Owner Rich Ricci, speaking to ITV Racing about Lossiemouth: "We have a good group here today. Hopefully we can do the business.

"This is the one we thought our best chance of the week so hopefully she does it. The camp is very confident. Let us see how she goes."

Frank Keogh
BBC Sport at Cheltenham

Image source, .

There’s some good news, of sorts, for punters at Cheltenham.

The price of a pint of Guinness is £7.50 - the same as last year.

Rising prices and the cost of living crisis has seen slower ticket sales than recent years for the meeting.

Still, if you have the money - or want to celebrate a winner - you can pick up a bottle of champagne for £75.

Image source, Getty Images

Last year’s Triumph Hurdle winner Lossiemouth is well fancied to make it back-to-back Festival wins.

Trained by Willie Mullins, the grey mare is set to go off as odds-on favourite with her only run this season coming at Cheltenham in January where she beat Love Envoi by nine lengths.

She goes up against Love Envoi once again while Marie’s Rock, who won this race in 2022 but disappointed last year when Honeysuckle triumphed, will hope for an improvement in fortunes.

Image source, Getty Images

It has been a mixed day for trainer Nicky Henderson in the absence of his stable star Constitution Hill.

Luccia put in a big run to finish third in the Champion Hurdle at 33-1 but his other Champion Hurdle runner Iberico Lord was pulled up, as was Jeriko Du Reponet in the opener.

The 73-time Cheltenham Festival winner will be hoping that things improve as the week goes on.

Some very sad news as trainer Fergal O'Brien confirms that, external his horse Highland Hunter has had to be put down after falling in the Ultima Handicap Chase.

The horse's trainer wrote on X: “Not sure we’ll be tweeting again today after this. Absolutely devastated. Thanks for the messages we’re already receiving and those to come #RIPHighlandHunter.”

Willie Mullins is edging closer to that landmark - that was winner number 96 for him at Cheltenham.

Winning trainer Willie Mullins, speaking to ITV Sport: "Paul rode him so well - I didn't dream he would be fifth or sixth jumping the fourth-last but he rode him with supreme confidence. He probably thought the ground would take it out of the horses in front of him. When you're riding with confidence, you can do that."

Asked about Constitution Hill, Mullins said: "You've got to turn up to win a Champion Hurdle, and we turned up!"

1 State Man (P Townend) 2-5 Fav

2 Irish Point (J W Kennedy) 9-2

3 Luccia (James Bowen) 33-1

8 ran

Charlie Poste
Former jump jockey on BBC Radio 5 Sports Extra

This was State Man - efficient and effective. The performance may have lacked the wow factor but this horse gets the job done. Without Constitution Hill, this was his race to lose and he got it done.

Dominant display by State Man, breaking cover late on and no-one could compete.

Irish Point comes home second with Luccia third.

Here goes State Man, over the last and powering away...

State Man is making a move now on the race down to the final hurdle.

Nemean Lion has just nudged into the lead but the field is well bunched with two to go.