Hawkes Racing has always held Thaad in high esteem and he didn't let the stable down at Flemington, notching up a come-from-behind win.
Co-trainer Wayne Hawkes said the stable hoped the three-year-old might be capable of winning a good race during the spring after his victory in the Bay And Ranges Region Handicap (1600m) on Saturday.
Ridden by Dwayne Dunn, Thaad ($19) scored by a long-head from What A Shock ($21), with Atlantic Express ($26) a half-length away in third.
Hawkes revealed the stable had considered sending Thaad to Brisbane for the Queensland Derby.
"He went by the wayside a bit and we had to change tack with him," Hawkes said.
"He's been a bit hot and cold but maybe if he can put a few together he might be back here in the spring.
"I'm not saying in the big one but we might be able to find a nice race for him."
Hawkes said Thaad only arrived from their Sydney stable on Friday morning.
He said the gelding was a thinker and the change of scenery had switched him on.
But Hawkes admitted he had concerns at the half-way point.
"It wasn't pretty at the half-mile as they hadn't gone hard early and he was over-racing," Hawkes said.
"What won him the race was Dwayne didn't panic."
The win of Thaad completed a double for Dunn after he won the opening race aboard Royal Symphony.