Ridden by Don Pierce, in 1978 Flying Paster was the dominant two-year-old on the U.S. West Coast, winning six stakes races, usually with a powerful stretch drive.
With Pierce in the saddle to start his three-year-old campaign, Flying Paster won February's San Vicente Stakes, was third in the March San Felipe Stakes, then captured the West Coast's most important race for three-year-olds, the Santa Anita Derby, then captured the Hollywood Derby by 10 lengths.
After tying the Pimlico track record for the first quarter, Flying Paster finished a distant fourth in the Preakness Stakes.
Racing at age four, in 1980 Flying Paster finished second four times to Spectacular Bid, including in the Grade I Santa Anita Handicap.
At the pinnacle of his breeding career, Flying Paster died unexpectedly at age sixteen from a heart attack on August 22, 1992, at Cardiff Stud Farm in Creston, California.