Parading

What does offer some encouragement is who is doing the teaching. Richard Hughes trains out of Upper Lambourn in Berkshire, and his yard has sent out 60 winners already this season — a serious number that tells you this is not an operation that makes up the numbers. Hughes is a former champion jockey who rode at the highest level for years before transitioning to training, and he has built a stable that clearly knows how to get horses to perform. When a yard is firing in winners at that rate, there's genuine reason to think a horse stabled there has every chance of turning things around once it matures and the penny drops.

Parading is only two years old, which is worth keeping in mind. Some horses at this age are still working out what racing is actually about. With the backing of a yard in such strong form, another run or two could look very different.