The latest news and market updates for the 2016 Magic Millions

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Capitalist

Capitalist has declared Capitalist “the most naturally gifted two-year-old I've ridden,” ahead of the upcoming Magic Millions carnival.

The -trained colt is the current $1.80 favourite at CrownBet.com.au for the $2 million Magic Millions on January 9 and after Shinn's comments, bookmakers have every reason to shorten that price in the coming weeks.

The unbeaten star won won with a leg in the year at the Magic Millions 2YO earlier this month and considering Shinn has ridden champion two-year-old Sebring, he's made a big call.

“Sebring was a big, strong, raw colt that kept improving,” Shinn said.

“Capitalist is different. He got it from day one.

“I knew he was exceptional the first day I rode him. He had an aura about him, a real air of confidence.”

The son of Written Tycoon was sold for $165,000 at the 2014 Magic Millions sale and has already fetched over $210,000 in race earnings.

Capitalist will face its biggest test at Gold Coast, but Shinn is exuding plenty of confidence ahead of the main event.

“He's yet to be proven against the best,” Shinn said.

“But he's well on his way.

“He's a freakish talent. The most naturally gifted two-year-old I've ever ridden.

“And trained by the Snowdens you know he will get every chance to realise his full potential.”

Shinn will continue his good book of rides on Magic Millions day with last-start winner, Centre Pivot, which found form in Queensland last time out.

The -trained runner will contest the $1 million Stayers Cup after destroying a listed field at last Saturday.

Centre Pivot will now be transferred to retired jockey 's stables after he was granted his trainer's license last week. The five-year-old by Zabeel won nine races from 19 starts and over $500,000 in stake money after being purchased for $360,000 at the 2012 Magic Millions sale.

“This horse has been set specifically for one race,” Shinn said.

“That's what will give him the edge over his main rivals. They've [Stayers Cup rivals] been to Sydney and Melbourne chasing everything else, whereas the Stayers Cup has been Centre Pivot's target all along.

“It's not easy to win a $1 million race but he is the right horse and will peak on the day.

“Given a good track and a reasonable barrier I am confident he'll be winning.”

Shinn will also ride Wolf Cry for Peter and Paul Snowden in the $250,000 Magic Millions Maiden and We're Sure ($26 at Sportsbet.com.au) in the $2 million Magic Millions Guineas.

Echo Gal on track for Magic Millions return

The Gai -trained Echo Gal will be using this Saturday's Listed Canterbury Classic as a stepping stone to its third Magic Millions visit in three years.

The four-year-old mare was well backed last start in the Listed at Randwick where it opened at $5.50 and closed at $3.90, but the track bias didn't help its chances.

Stable representative Mark Newnham believes it has improved out of that run and he's confident the daughter of Stratum can breakthrough for its first taste of Magic Millions success.

“She's come off that run in really good order and her work since has stepped up,” Newnham said.

“She has displayed well above average talent since her two-year-old days and deserves to win a stakes race.”

After finishing third in last year's Magic Millions Guineas, Newnham is confident the winner of four from 18 can perform better.

“She ran in the Classic as a two-year-old then the Guineas last year as a three-year-old, where she finished third,” he said.

“There's no doubt she has come back as good as ever and certainly, if she won this weekend, we would be heading up there more confident than in previous years.”

In related news, Gai Waterhouse and owner John Singleton will have their first runner together since the infamous More Joyous saga of 2013 when Muscle Truck ($4.50 at Bet365.com.au) debuts at Warwick Farm this Wednesday.

Last start winners firm for Magic Millions 2YO

Two runners have firmed in for the $2 million Magic Millions 2YO on January 9 after winning at Doomben last Saturday.

The Jason McLachlan-trained Dieters was a strong winner on debut, but wasn't overly fancied in the Hamilton Hotel QTIS 2YO at Doomben last Saturday. The two-year-old colt paid $7 and kept its unbeaten record in tact, which forced bookmakers to adjust its price for the upcoming feature.

The $100,000 purchase was paying $41 before the victory and it now stands as a $13 chance at Sportsbet.com.au. Bookmakers are also respecting the fact that McLachlan knows how to train a Magic Millions winner having prepared Phelan in 2009.

Dieters is now on the fifth line of betting behind popular favourtie Capitalist ($1.80) Zelady's Night Out ($7.50), Slumber Party ($11) and Niccolance ($11).

Another strong Saturday winner was Candika which produced a late burst to score over the heavily-favoured Royal Tithe, and in doing so kept its unbeaten record in tact.

The Steven O'Dea-trained filly was also a $100,000 purchase by Sebring which has also been cut in the Magic Millions market. Sportsbet opened Candika at $51 and slashed its price to $15 following the win last Saturday.

Two Magic Millions nominees raced at on Saturday, but they were unable to keep up with Godolphin runner Souchez. Both Faraway Town and Mooshakissa ran in the money with Faraway Town's Magic Millions odds cut to $17 after opening at $26. Mooshakissa remains steady at $34.

For updated Magic Millions markets head to Sportsbet.com.au.

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