He was one of the first crop of foals sired by Prince Chevalier who won the Prix du Jockey Club in 1946 before going on to a successful stud career.
He ran on strongly in the closing stages of the one mile Classic to finish seventh of the twenty-seven runners behind Ki Ming.
A month later, Arctic Prince started at odds of 28/1 in a field of thirty-three for the Derby, which, with a total prize of £22,625 was the most valuable race ever run in England.
Arctic Prince, who was always prominent, overtook Mystery IX to take the lead early in the straight and pulled clear of the field to win easily by six lengths from Sybil's Nephew.
"[5] In July Arctic Prince was sent to Ascot for the inaugural running of the King George VI and Queen Elizabeth Stakes.