Celeborn

The Leicester win in June 2024 was his breakthrough, but what stands out is his recent victory at Epsom Downs on 22 April 2025, which came after a long absence from the winner's enclosure. That fifteen-month gap between wins hints at a horse who has been given time to mature and develop, rather than one rushed through his races early on. His last six runs tell a mixed story—a win, a second place, then a fifth, another fifth, a fourteenth, and a fourth most recently—the kind of form that shows he is still competitive but inconsistent.

The real picture emerges when you look at who rides him and where he races. Billy Loughnane, his most frequent partner, has steered him to victory in two of their six races together, a 33% win rate that is substantially better than his overall record. Class 4 races, the lower-tier competitive events, suit him: he has won one of three attempts at that level. George Boughey, his Newmarket trainer, runs one of the strongest yards in the country and has been clear about Celeborn's trajectory. The horse made significant improvement from three to four years old, and while he missed a chunk of racing time—which may explain some of his inconsistency—Boughey sees races like the Suffolk Stakes or the Royal Hunt Cup as realistic targets. These are the kind of heritage handicaps that suit horses with Celeborn's profile: proven but not elite, with flashes of the ability needed to run well in a competitive field.