[5] Fayr Jag's dam Lominda showed modest ability as a racehorse, recording her only success in a maiden race at Yarmouth Racecourse in 1990.
After finishing second in a handicap at Newmarket on 9 July he started favourite for a similar event over the same course and distance in August but reared up and unseated his jockey exiting the stalls.
At Pontefract Racecourse on 1 June he carried top weight of 132 pounds to victory in a six furlong handicap[12] and then followed up by winning in a similar event at York twelve days later.
Ridden as in most of his previous races by Willie Supple he carried a weight of 130 pounds and started at odds of 10/1 in a field which included The Tatling and Patavellian.
[14] In August the gelding finished eighth of the twenty-nine runners behind Patavellian in the Stewards' Cup at Goodwood before being stepped up in class to contest the Listed Hopeful Stakes on good-to-firm ground at Newmarket and started 11/8 second choice in the betting behind the improving three-year-old Somnus.
[15] On much softer ground at Haydock Park on 6 September he started a 25/1 outsider for the Group One Stanley Leisure Sprint Cup and finished fifth of ten behind Somnus.
Six days after his defeat at Haydock, Fayr Jag was sent to Ireland to contest the Group Three Ridgewood Pearl Stakes over six furlongs at the Curragh with Kevin Darley taking over the ride from Supple.
[17] On his first appearance as a five-year-old Fayr Jag ran poorly as he finished thirteenth of the fifteen runners behind Monsieur Bond in the Duke of York Stakes on good-to-soft ground 11 May.
On 19 June the gelding ran for the second time at Royal Ascot when he was one of fourteen horses to contest the Group One Golden Jubilee Stakes over six furlongs on firm ground.
Avonbridge started favourite ahead of Airwave, Monsieur Bond, Cape of Good Hope and Crystal Castle (2002 Diadem Stakes) with Fayr Jag next in the betting on 12/1.
Despite hanging slightly right in the closing stages he was driven out by Supple to win by a head from Crystal Castle with Cape of Good Hope ahead away in third.
After finishing second to Patavellian in a minor race at Yarmouth Racecourse he contested the Diadem Stake (run that year at Newmarket) and produced his best effort of the season.
[21] On his last run of the season he was reunited with Supple for the final time in the Guisborough Stakes at Redcar and started favourite but finished seventh behind Council Member.
After racing in second place Fayr Jag went to the front a furlong out and held on in a blanket finish to win by a neck from the 25/1 outsider Kodiac, with Tawwaassol, Balthazaar's Gift, Baltic King and Ashdown Express close behind.