Almost all contenders from the previous Champion Hurdle were missing from this renewal, with the 2015 winner Faugheenforced out of the race after sustaining an injury a month earlier and his stablemate and runner-up on many occasions, Arctic Fire also sidelined a week later with a small injury. Following the news, Annie Power, who was in the same ownership as Faugheen was supplemented for the race and was sent off favourite on only her second start in over a year. Her trainer Willie Mullins was also represented by the six-time Grade 1 winner Nichols Canyon. The Grade 1 Fighting Fifth Hurdle winner Identity Thief was in the lineup and well fancied by the punters starting at single figure odds. The best of the English contenders were The New One— unlucky third in the 2014 renewal and fifth in 2015— and My Tent Or Yours —runner-up in the 2014 Champion Hurdle but absent from racing for almost 2 years. The latter was trained by Nicky Henderson who also had another four runners that included the 2015 Triumph Hurdle winner Peace and Co —who had not regained his form in the current season— and the runner-up from that race Top Notch who chased home Identity Thief at Newcastle. The outsiders were Sign of a Victory, Hargam, Sempre Medici, Camping Ground and Lil Rockerfeller.
The Race
There was a fight for the lead in the first furlong with almost four in line trying obtain that spot but eventually Annie Power, who benefitted from a seven pounds mares allowance, settled in front at a good gallop and had The New One closely in behind with Nichols Canyon in third. From the back straight My Tent Or Yours began making ground and went in second on Annie Power's outside. Turning downhill the class horses began to drew clear from the field with Nichols Canyon, Annie Power and My Tent Or Yours all travelling well but in the home straight Annie Power found another gear and cleared from them approaching the final hurdle. She eventually won by four and a half lengths from My Tent Or Yours who was battling out with Nichols Canyon, only a head further back in third. The final time of the race was a new record almost breaking 3m 45s having the tailwind and the drying ground as help in achieving it. The emotional scenes during the post-race interviews involved both the jockey Ruby Walsh and the owners who were in tears following Annie Power's previous unsuccessful attempts at the Cheltenham Festival in 2014 when she finished second in the World Hurdle and 2015 when she fell at the last hurdle when leading in the OLGB Mares' Hurdle.