Kindred Group's flagship Unibet brand has been named the official betting partner of the Investec Derby Festival under a three-year deal with Epsom Downs Racecourse, home of the prestigious flat race.

Unibet will sponsor the event through to 2019, with this year's festival taking place in the first weekend in June.

The Investec Derby is renowned as one of the most prestigious flat races worldwide and is contested by some of the best thoroughbred racehorses in Europe.

This year’s race comes with a prize fund of at least £1.5m, with Unibet estimating that at least £60m will be wagered across all bookmakers on the event.

"The Investec Derby remains the most prestigious flat race in the world. It is a British institution whose history and tradition resonates around the globe, and Unibet are honoured to be associated with such an iconic race as official betting partner," said Kindred Group head of racing communications and sponsorship Ed Nicholson.

Tony Langenegger, sponsorship manager of The Jockey Club, added: "We're thrilled to welcome Unibet as the new official betting partner for the Investec Derby Festival in this three-year deal. This year's Investec Derby promises to deliver another great contest, with 129 horses currently entered for the £1.5m contest."

Related