Capitalist Colt Sovereign Fund Spot On for Magic Millions 2YO Classic

Tara Madgwick - Saturday December 31

The $2million Magic Millions 2YO Classic in two weeks time looks an open race with a very even field aiming up at the lucrative feature, but it’s hard to go past Sovereign Fund as the top contender after he toyed with his rivals at Doomben on New Year’s Eve.

Sovereign Fund won the Wyong 2YO Classic on debut and went two for two at Doomben - image Steve Hart

Stepping up to 1200m at his second start, the Peter and Paul Snowden trained son of Capitalist made light work of the task for Jamie Kah.

With a small field of four engaged, Sovereign Fund had little more than a working gallop to win, quickening over the last 600m to come home in 33.14 seconds to win by three and a half lengths.

Sovereign Fund runs for a high-profile syndicate, including Newgate Farm, China Horse Club and Trilogy Racing, and was a $550,000 purchase from the Newgate Farm draft at the 2022 Magic Millions Gold Coast Yearling Sale.

Advertisement

He’s already banked over $170,000 in winning his first two starts and that will be a drop in the ocean if he wins his grand final at the Gold Coast on January 14 and Jamie Kah was well pleased with his performance.

“I really liked how he had so much still under the bonnet.. would have been nice to see if he got tested today, but he’s got a really great attitude that will take him a long way,” Kah told Leah Kilner for Racing Queensland.

Bred by SF Bloodstock and partners, Sovereign Fund was foaled and raised at Newgate and is the second winner from as many to race from the talented Mossman mare Mossbeat, who placed in the Group III Summoned Stakes.

A big strong handsome chestnut, Sovereign Fund was the second most expensive yearling by Capitalist sold at the Gold Coast in 2022.

Sovereign Fund sold for $550,000 at Magic Millions.

Mossbeat was covered again last spring by Capitalist, who has 42 entries for Magic Millions and 39 for Inglis Classic.

Advertisment

Race Result - Zousain First Yearlings Hcp 1200m

Doomben Track: Soft(5) Time: 1:10.35
1
Sovereign Fund
- 2c Capitalist (AUS) x Mossbeat (AUS) (Mossman (AUS))
Tnr: P & P Snowden Rdr: Jamie Kah 57.5
MM Gold Coast Yearling Sale $80,000
Seller: Newgate Farm, Aberdeen, NSW (As Agent)
Buyer: Pulse Racing Thoroughbreds/Pinhook Bloodstock International (FBAA)/Snowden Racing
2
3.5
Mishani Renegade
- 2g Top Echelon (AUS) x Monicelli (AUS) (Flying Spur (AUS))
Tnr: L G Ross Rdr: James Orman 59
3
4.3
Sunsource
- 2c Zoustar (AUS) x Patricia Dawn (AUS) (Sebring (AUS))
Tnr: T Busuttin & N Young Rdr: J B Mc Donald 57.5
Inglis Premier Yearling Sale $400,000
Seller: Widden Stud, Riddells Creek
Buyer: Shane McGrath Bloodstock / P Ng
4
7.5
Risky Investment
- 2c Power (GB) x Rosalita (AUS) (Danehill Dancer (IRE))
Tnr: R Tyrell & T Button Rdr: Martin Harley 56.5
More Reading...
Capitalist's Sovereign Fund Makes Winning Debut in Wyong Magic Millions
The Peter and Paul Snowden-trained Sovereign Fund will attempt to emulate his sire Capitalist in the Magic Millions 2yo Classic at the Gold Coast after winning the $200,000 Wyong 2yo Classic RL).
Stakes Goals Ahead for Supido Mare
Astute trainer David Payne is no stranger to G1 success and has always held Supido mare Shohisha in high regard and she showed the potential of better things to come this spring when powering home to win the Benchmark 94 event over 1600m at Randwick on Saturday.
Sires With Winners - Saturday September 6
Here is the full list of 106 stallions which had winners throughout Australasia today with winners and result details.
More Stakes Success for Impending - Cool Memory Wins Listed Farnley
A son of Larneuk Stud's value Lonhro stallion Impending, five year old Cool Memory bolted in to claim his second stakes win and bring joy to favourite backers on a rain-drenched Saturday at Belmont Park.
Ka Ying Rising Straight to Everest Quarantine after Return Romp
Hong Kong Champion Ka Ying Rising was headed straight to quarantine to prepare for the Group I The Everest after another stunning performance when resuming for the new season on Sunday at Sha Tin.
Derby Dreaming for Crown of Russia
Danny O’Brien already has one promising winner by his former G1 star Russian Camelot (IRE) in the stable in Censori and on Sunday at Bendigo he unleashed another.
Sires With Winners - Sunday September 7
Here is the full list of 67 stallions which had winners throughout Australasia today with winners and result details.
Ones to Watch – Bendigo
At this time of year, you tend to take special notice of well-bred 3YO debut winners and three of them arrived at Bendigo on Sunday that were all interesting for different reasons and none more so than one who has a name that has become infamous this year.
Pericles Turns Back the Clock
Six year-old Street Boss (USA) gelding Pericles won the Group II ATC Tramway Stakes (1400m) two years ago in 2023 when trained by James Cummings and he repeated the effort at Randwick on Saturday, but this time he is in the care of Bjorn Baker.
Pedigree Watch – 3YO Plus That G1 Late Bloomer
Saturday delivered another exciting instalment of early spring racing with three stakes races for 3YO’s and once again all of them were won by new first time stakes-winners that were virtually unsighted at two and we also had a new G1 winner, whose path to the top has been anything but smooth.