Channel 4 have commissioned a new gameshow called Five Minutes to a Fortune. Hosted by Davina McCall, the quiz features contestants trying to complete challenges in order to keep money in a 15 foot hourglass – in just five minutes.

Created and produced by Victory Television, makers of Who Wants to be a Millionaire? Five Minutes to a Fortune will broadcast over four weeks in a daytime slot, with a celebrity edition on Saturday nights.

In the quiz, teams of two will have to work together to complete five challenges in under five minutes in order to win the cash. If they fail to do this, the money in the giant hourglass starts to drain away.

Tom Beck, Commissioning Editor for Channel 4 Entertainment, says: “Five Minutes to a Fortune is a hugely exciting new format fronted by the best host in the business. It’;s brilliantly simple to play, fiendishly difficult to win and simply gripping to watch. It’;s tense and exciting, funny and unique.”

Victoria Ashbourne, Managing Director, Victory Television adds: “Unlike most game shows, the pressure really kicks in when the clock hits zero and the prize money literally drains away, coin by coin. With an exciting combination of both daytime and primetime shows to create, we can’;t wait to bring this brand new series to life.”

Also exec producing is Stuart Shawcross and Tamara Gilder will series produce.