After initially knocking them back, Strawbridge later offered OTI the opportunity to purchase a 50 percent share and they jumped at the chance.

OTI's Terry Henderson described the son of Galileo as a “progressive and beautifully bred horse” who was bought with the goal of chasing Melbourne Cup glory.

Gatewood scored the first stakes victory of his career when winning the Listed Wolferton Handicap at Royal Ascot in June 2012.

Remaining in Australia under the care of Chris Waller following his ill-fated 2012 Melbourne Cup campaign, Gatewood displayed a definite disdain for the Australian racing conditions and failed to make an impact over four starts through the 2013 Autumn Carnival.

Overcoming poor running position to finish second in the Listed Fred Archer Stakes (2414m) on 28 June, Gatewood returned to the winner's circle in the Group 3 Prix De Reux (2500m) on 10 August before running a close second in the Group 2 Grand Prix De Deauville Lucien Barriere (2500m) last time out.