Frank McGrath's wife loved Peter Pan for his colouring and racing beauty.

Conditioned by future Hall of Fame trainer Frank McGrath, Sr., Peter Pan raced early in the 1930s during the Great Depression and with Phar Lap, Chatham and Rogilla, all household names at the time.

In the running of the 1932 Melbourne Cup, Peter Pan, carrying Billy Duncan, was travelling at the rear of the pack when he clipped the heels of the horse in front and fell to his knees.

In 1933, Peter Pan fought a near-fatal viral disease that swept Sydney's racing stables and did not contest the Melbourne Cup.

Peter Pan won his 1934 Melbourne Cup carrying Darby Munro at 9 st 10 lb on his back and from an outside draw on a heavy track, hence his long odds of 14/1.

To win two Melbourne Cups is a rare feat, and this with his fine record gained him a place in the Australian Racing Hall of Fame.

Peter Pan stood at Rodney R. Dangar's country property Baroona, Whittingham, Singleton, New South Wales, where he exclusively covered his owner's mares.