Wayne Gannon went to last year's Gold Coast Magic Millions yearling sales hoping to buy the Testa Rossa colt which went on to become star juvenile Unencumbered.

Gannon missed out and instead came away with a share in a Jet Spur gelding now called Yeager who won his first race at his fourth start at Eagle Farm on Saturday.

A country bookmaker and businessman, Gannon admits he was down in the dumps when Unencumbered won the 2014 Magic Millions and another four races.

Unencumbered was retired earlier this year with earnings of $1.9 million and heads to stud this spring.

Gannon said he always studied sales catalogues looking for horses related to his two former top gallopers Merv's Wish and Real Say who won about 20 races for him when trained by the late Merv Lewis in the 1990s.

"Unencumbered's dam Blizzardly and Yeager's dam Sky Bar are closely related to Merv's Wish and Real Say," Gannon said.

"So those were the two I picked out for the Magic Millions sales. But Unencumbered went for higher than I could afford and I didn't know the people who bought him.

"Tony Gollan bought Yeager and I have known him for years so I asked if I could have a share."

The trainer agreed and Gannon is now syndicate manager for Yeager.

"I knew we had a potential good horse when Steve Morley from Glenlogan stud, where he was born, wanted to buy a share," Gannon said.

"Yeager has won $64,000 to date so he has a long way to go to catch Unencumbered. But Tony thinks he can be a chance in the Magic Millions Three Year Old races in January."

"And Tony thinks he will be a top chance when he matures for next winter's three-year-old features."

"I hope it will be a case of good things come to those who wait."