A racegoer cheers on their horse at Cheltenham Racecourse for ladies day on March 16, 2011 in Cheltenham, England.

Racegoers check the odds at the bookmakers at Cheltenham Racecourse for ladies day.

Fashionable hats are the order of the day at Cheltenham Racecourse on Ladies Day on March 16, 2011 in Cheltenham, England.