the trainer and the horse.

Too speculative Ronster.
If I told you what I really think it would be open to ridicule and "ramping" accusations.

JRV- The thoroughbred stable.
Young Resource- Colt bought cheaply with ok bloodlines, nothing really outstanding.
Pursell- Trainer, "Horse Whisperer"
Owners- Shareholders.
Punters- Like to bet and make money, not so easy.

The trainer has been telling the owners that this horse is going to come good.
Owners are wary because they have heard this before.
Horse is training the house down and the punters are keen to line up.
The trials have been a bit mixed.

I reckon the horse is ready for its first start.