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Ladbrokes has ended its sponsorship of two races as part of a financial review.

The bookmaker will not extend its deal to back the Great Voltigeur Stakes at York’s Ebor meeting or the Bunbury Cup at Newmarket’s July meeting, although it will continue to sponsor the St Leger.

“After careful consideration, we have decided not to extend our year-by-year arrangements to sponsor the Great Voltigeur and the Bunbury Cup,” said Ladbrokes public relations director Mike Dillon. “These are difficult times and decisions such as this have to be made.”

York’s marketing manager James Brennan added. “We are fortunate to have some excellent sponsors at York with the likes of Coolmore and Darley backing our Group Ones while we have also brought in new names from outside of the sport so things aren’t too gloomy.”