▁Park ▁over ▁a ▁distance ▁of ▁ 1 ▁mile , ▁ 2 ▁f url ongs ▁and ▁ 1 0 0 ▁yards ▁( 2 , 1 0 3 ▁metres ), ▁and ▁it ▁is ▁scheduled ▁to ▁take ▁place ▁each ▁year ▁in ▁early ▁August . ▁ ▁History ▁The ▁event ▁was ▁established ▁in ▁ 1 9 8 6 , ▁and ▁it ▁was ▁initially ▁called ▁the ▁Summer ▁Tro phy . ▁It ▁was ▁given ▁its ▁current ▁title ▁and ▁promoted ▁from ▁List ed ▁to ▁Group ▁ 3 ▁status ▁in ▁ 1 9 8 9 . ▁For ▁a ▁period ▁it ▁was ▁spons ored ▁by ▁Bur ton wood ▁Bre wer y , ▁and ▁it ▁was ▁later ▁back ed ▁by ▁the ▁property ▁development ▁firm ▁Pet ros . ▁The ▁T ote ▁began ▁spons oring ▁the ▁event ▁in ▁ 2 0 0 7 . ▁ ▁The ▁Rose ▁of ▁Lanc aster ▁St akes ▁was ▁formerly ▁cont ested ▁over ▁ 1 ▁mile , ▁ 2 ▁f url ongs ▁and ▁ 1 2 0 ▁yards . ▁It ▁was ▁cut ▁to ▁its ▁present ▁distance ▁in ▁ 2 0 0 9 . ▁The ▁spons or ship ▁of ▁the ▁race ▁was ▁adopted ▁by ▁Bet fred ▁when ▁the ▁company ▁bought ▁the ▁T ote ▁in ▁ 2 0 1 1 , ▁and ▁in ▁ 2 0 1 2 ▁it ▁was ▁spons ored ▁by ▁Victor ▁Ch and ler ▁International . ▁Bet fred ▁took ▁over ▁the ▁spons or ship ▁again ▁from ▁ 2 0 1 3 ▁to ▁ 2 0 1 7 . ▁ ▁Records ▁Most ▁successful ▁horse : ▁ ▁no ▁horse ▁has ▁won ▁this ▁race