Pay Up (horse)

On the last day of the July meeting at Newmarket Racecourse, he ran second to Lord Derby's filly Tide-Way (later to win the 1000 Guineas) in the Fulbourne Stakes.

[4] The colt went on to finish second to Thrustaway in the Kingston Plate at Sandown Park before recording his first success on his final start of the season when he won the Autumn Breeders' Foal Stakes at Manchester Racecourse from Silver Crest.

On 29 April the colt, ridden by Robert "Bobby" Dick, started at odds of 11/2 in a nineteen-runner field for the 128th running of the 2000 Guineas over the Rowley Mile course.

[8] Pay Up's win in the Guineas elevated him to the top of the betting for the Epsom Derby, a race in which Lord Astor's horses had finished second on five occasions.

[9] On 27 May Pay Up started favourite for the Derby over one and a half miles on hard ground but after tracking the leaders for most of the way he finished fourth behind Mahmoud, Taj Akbar and Thankerton.