After the end of his racing career he stood as a breeding stallion in Ireland and Australia, and now stands at the Jug Handle Ranch in Alberta Canada.
Balmont led from the start, accelerated approaching the last quarter mile and held off the challenge of the Barry Hills-trained Fokine to win by a head[9][3] after an "exciting battle".
Three Valleys' trainer Roger Charlton explained that the medication had been used legitimately to treat a lung infection and had been withdrawn nine days before the Middle Park in accordance with veterinary guidelines.
After being restrained in the early stages he made some progress approaching the final furlong but then began to struggle and finished seventh, two and a half lengths behind the winner Milk It Mick.
The horses finishing behind Balmont included Cape of Good Hope, Somnus, Fayr Jag, Airwave, Continent and Bahamian Pirate.
[15] On 18 June at the "Royal Ascot" meeting (run that year at York) Balmont started the 9/2 favourite in a fifteen-runner field for the Group One Golden Jubilee Stakes.
Balmont as then sent to Ireland and dropped to Group Two class for the Phoenix Sprint Stakes at the Curragh in which he started favourite but was beaten a short head by the six-year-old gelding Osterhase.
On his last appearance of the year, Balmont made no impact in his second attempt to win the Nunthorpe Stake, finishing fifteenth of the sixteen runners behind La Cucaracha.
[17] At the end of his racing career Balmont was retired to become a breeding stallion at the Tara Stud in County Meath, Ireland before being exported to stand at Lynward Park at Western Australia.