[4][1] Prince of Penzance is a bay gelding with a white blaze bred by Rich Hill Stud in the Matamata region of New Zealand's North Island.

The Japanese challenger Fame Game was the 4/1 favourite ahead of British gelding Trip To Paris, the winner of the Ascot Gold Cup.

Other overseas contenders included Max Dynamite, Bondi Beach and Kingfisher from Ireland, Big Orange (Goodwood Cup), Snow Sky (Hardwicke Stakes), Quest For More (Northumberland Plate) and Red Cadeaux from England and Hokko Brave from Japan.

The best of the Australian-trained contingent appeared to be Preferment (Turnbull Stakes), Almoonqith (Geelong Cup) and Criterion (Australian Derby).

Prince of Penzance was always travelling strongly, took the lead in the last 100 metres and won by half a length from Max Dynamite with Criterion in third.