Elizabeth Bay

The raw numbers don't flatter her. Zero wins from 13 races, and her last six have produced finishes of 4th, 3rd, 8th, 9th, 10th, and 9th — a slide in the wrong direction. At Class 5, the level just above the entry point of British racing, she has gone 0 from 6. For context, Class 5 is where horses are often placed when a yard is looking for a winnable opportunity, so a blank record at that level raises questions about whether she can find the right race at the right time.

What keeps the story interesting is her rating of 72. In British racing, a rating is essentially a number that reflects how good the handicapper thinks a horse is — and 72 is a perfectly respectable mark, suggesting Elizabeth Bay has genuine ability that just hasn't translated into a win yet. Scott's confidence, and the fact that Summerstorm Bloodstock thought her worth buying this summer, tells you that people with sharp eyes and money on the line see something worth backing. The yard itself has sent out 17 winners this season, so this isn't a team that struggles to get horses into the winner's enclosure — they simply need Elizabeth Bay to find her moment.

She raced just yesterday, which means she is very much an active project rather than a work in progress being nursed back. Whether a change of scenery and a new training setup can unlock that first win remains to be seen, but at four years old, she has time on her side.