The sire is Connect, a horse who showed real toughness during his own career, and the mother's side brings in Magician — a high-class performer on the flat. Breeding is never a guarantee of anything, but it suggests Chip Honcho has been given a decent hand of cards to play with. Whether the horse can actually play them is what today is all about.
Debuts tell you very little and everything at once. Some horses walk out for the first time and look completely at home; others need the experience before they start to show what they are made of. There is no way to know which kind Chip Honcho will be until the race is run.