Woodside Park Stud capped a magic week on the Gold Coast when Capitalist scored a consummate victory in the Magic Millions 2YO Classic (1200m) on Saturday.

The boom colt is by Woodside Park sire Written Tycoon and he firmed into a $3.50 favourite for the G1 Golden Slipper after treating his rivals with contempt on the Gold Coast. He raced on the speed for jockey Blake Shinn and then accelerated in the straight to win by more than two lengths.

Written Tycoon becomes the first stallion standing in Victoria to have sired a Magic Millions 2YO Classic winner since Testa Rossa won in 1999 (sired by Collingrove’s Perugino).

Co-trainer of Capitalist, Peter Snowden, was thrilled with the dominant performance and said there was little doubt that Capitalist was one of the most gifted two-year-olds he’s worked with. “That was everything you want to see. He showed tremendous gate speed and then pulled himself to the front.

“There’s room for more improvement. He was ready today but I was very mindful of the Golden Slipper because it was only his second run back from a spell. He’s very exciting and is a horse to look forward to in the future.”

Shinn rates the colt alongside the best gallopers he’s partnered and said he rode the two-year-old like he was the best horse in the race.

“The key was to keep him out of trouble. He jumped well and we held a forward position. I got him off the rail and it was smooth sailing from there.”

Capitalist (2c Written Tycoon – Kitalpha by Fusaichi Pegasus) is unbeaten following hollow wins in the LR Breeders’ Plate (1000m) at Randwick and Wyong Magic Millions. He cost James Harron Bloodstock $165,000 at the 2015 Magic Millions yearling sale and has banked $1,419,200.

Written Tycoon has taken over at the top of the Australian 2YO sires’ premiership and will lock up the title if Capitalist wins the $3.50 million Golden Slipper on March 19.

The Woodside Park sire warmed up for the $10 million meeting with black-type winner Howmuchdoyouloveme at Gosford on Friday.

The Con Karakatsanis trained gelding claimed his fifth feature victory in the LR Takeover Target Stakes (1200m) following earlier strikes in the G2 Caulfield Sprint, G3 Healy Stakes, LR Ramornie Hcp and LR Qld Lightning Hcp.

Howmuchdoyouloveme (7g Written Tycoon – Betula Belle by Celtic Swing) was bred by Modewarre-based Bill Cockram and sold for $5,000 at the 2010 Inglis Classic yearling sale. The latest result sent his earnings past $726,000.

Earlier the week, Woodside Park sold an All Too Hard – Factor Of Safety (Encosta de Lago) filly for $510,000 at the Magic Millions yearling sale.

“It’s a new record price for the farm,” Woodside Park’s Matt Tillett said.

“She was out constantly but just took it all in her stride. We were hoping she would make $200,000, so we’re delighted.”

And the Victorian nursery also topped Book 2 on Sunday with a Written Tycoon – Rate The Choice colt that was knocked down to Mornington trainer Mark Riley for $230,000.

He is a half-brother to Hong Kong sprinter-miler Graceful Kingdom and their dam is a three-quarter sister to Bradbury’s Luck.

Woodside Park has 22 yearlings catalogued for the Inglis Melbourne Premier starting including a full-brother to stakes performer Written Consent (Lot 50).

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