Dynaste comes from nowhere to win the Ryanair Chase.

Dynaste is charging through the field.

Rajdhani Express is pushing Hidden Cyclone all the way as Kauto Stone drops down the field like a...stone.

Benefficient is jumping well and staying close to Kauto Stone. Hidden Cyclone then moves up to take the lead.

Kauto Stone continues to lead as the rest of the field keeps their powder dry. It's a fairly steady pace so far.

Hidden Cyclone is looking in good shape just behind the front two, Kauto Stone and Benefficient.

Kauto Stone, who went off at 50-1, has gone to the front of the field while Dynaste looks off the pace early on.

We're off and running in the Ryanair Chase.

The fog which has enveloped Cheltenham all day finally seems to be lifting. Great news as we prepare for the two biggest races of the afternoon.

The two fancied horses in the forthcoming two mile, five furlongs Ryanair Chase, Benefficient and Dynaste, were first and second respectively over a similar distance at the Festival last year. It should be another interesting match-up.

John in Surrey: "Strategy has been pick the 2nd fav each way in most races. Had five winners in the first two days from that."

Following the Ryanair Chase at 14:40, it's the much-anticipated World Hurdle clash between Big Buck's and Annie Power. The latter remains the favourite at odds of 6-4. Some might struggle to oppose Big Buck's though, with the four-time winner 4-1 with some bookies.

Why is Dynaste favourite, I hear you ask. Well, he won on four of his five starts last term but some will be guarded because he failed to impress in the King George last time out. Paul Nicholls-trained Al Ferof could be one to watch, while Philip Hobbs and Richard Johnson will hope to follow up Fingal Bay's win with Menorah.

Image source, PA

Perhaps the second-biggest race of the day is the Ryanair Chase, where Benefficient runs with the weight of a nation on his back. This race, sponsored by Ryanair owner Michael O'Leary, is in its 10th year but has yet to see a winner from across the Irish Sea. Benefficient is, however, likely to go off as a 9-2 second favourite with Dynaste, ridden by Tom Scudamore and trained by David Pipe, attracting a lot of backing. That's next up.

Frank Keogh
BBC Sport at Cheltenham

Gasps from the Cheltenham crowd as the tight finish to the second race is replayed on the big screens, before a big roar as top weight Fingal Bay, the 9-2 favourite, is announced as the winner. Second triumph of the week for the Philip Hobbs/Richard Johnson team.

Image source, PA

BBC Radio 5 live

Fingal Bay's jockey Richard Johnson: "It was amazing. For the horse to come back from injury like that makes him top class. He's special.

"You need to be on the right horse with the right attitude. I've been lucky to ride some nice horses this week and you cannot go without the horses."

BBC Radio 5 live

Fingal Bay's trainer Philip Hobbs: "It was very tight. Going past the post I thought he'd won but I could not split them on the replay. We'd always settle for one winner but now we have two I won't settle for that.

"Luckily we have a good jockey. Richard Johnson is very tough, reliable and a thoroughly good bloke."

1. Fingal Bay (R Johnson) 9-2 Fav

2. Southfield Theatre (D A Jacob) 20-1

3. Pineau De Re (Sam Twiston-Davies) 33-1

4. Trustan Times (Ryan Mania) 33-1

That was the closest finish of the meeting so far. Fingal Bay wins by a nose hair from Southfield Theatre. I'll get you the full result shortly...

Fingal Bay, to massive roars, is announced as the winner of the Pertemps Network Final.