Connections of Dunvegan are considering swapping the Grand Annual Chase for a run in the Queen Mother Champion Chase (Dunvegan 66/1 Outright) at the Cheltenham Festival.

The Pat Fahy-trained eight-year-old was in majestic form last week as he won a valuable handicap race at Fairyhouse.

It was his second victory in a row and now plans are afoot for him to have a crack at the Cheltenham Festival.

Initially, it seemed as though the nine-year-old grey would be running in the Grand Annual Chase (Dunvegan 16/1 Outright) on the Wednesday.

But now, the Dunvegan camp are dreaming big with an unlikely tilt at the Grade One Queen Mother.

He holds an entry in the Dublin Chase at Leopardstown in February, but Fahy says Cheltenham is the ultimate ambition.

“We have him in the Dublin Racing Festival,” he said. “We will see what the ground is. If it comes up good, which it can do, that will be an option.

“It wouldn’t bother me if he didn’t have run between now and Cheltenham. We have his measure now and I think we can get him there in top form.

“The Grand Annual is an option, of course. Maybe that is the race, I don’t know. The entries haven’t closed yet.

“I wouldn’t be ruling out the Queen Mother. I would just love to see the horse run in it.”

Currently, Shishkin (10/11) is the ante-post favourite for the Queen Mother after starring in the Festival last year, winning the Grade One Novices’ Chase.

He has won each of his last nine races and was victorious at Kempton last month in his seasonal reappearance.

Energumene (9/4) is also in the hunt after his win at Cork in December.

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