The Paddy Power Cheltenham Countdown Podcast is a Premier Handicap National Huntsteeplechase in Great Britain which is open to horses aged five years or older. It is run on the New Course at Cheltenham over a distance of about 2 miles and 4½ furlongs (2 miles 4 furlongs and 127 yards, or 4,139 metres) and during the race there are 17 fences to be jumped. It is a handicap race, and is scheduled to take place each year in late January. Prior to 2014 it was run as the Murphy Group Chase and from 2014 to 2016 it was sponsored by freebets.com[1] It is currently sponsored by the Paddy Power bookmaking company.
The race was first run in 1993 and was awarded Listed status in 2002, when it was known as the Ladbroke Trophy Chase. It was awarded Grade 3 status in 2005 and re-classified as a Premier Handicap in 2023.