WA Olympic swimming hero Todd Pearson always dreamt of owning a top racehorse with his father Bob.

But the dual gold medallist’s first foray into ownership was anything but expected when he ventured to last year’s Magic Millions Perth yearling sale.

“I went to the sale to get Dad to sign some bank documents,” Pearson said.

“There was one in the ring that Dad liked and lo and behold, we bought lot 55.”

The horse, Fremond, can continue Pearson’s dream introduction to racing in Saturday’s $250,000 MM Perth 2YO Classic (1100m) at Ascot.

Pearson races Fremond with his father, who is the deputy chairman of Racing and Wagering WA, and Simon Baldwin.

They received a quick return for their $55,000 outlay after the gelding won brilliantly on debut at Belmont Park in October.

“Neville (Parnham) was able to find us a good one and we got lucky,” Pearson said.

“I was brought up in racing all my life. Dad’s always had a few good ones going around. It’s a great sport to be involved in and it’s a nice feeling having a chance in a big race like this one.”

Since retiring from swimming after the 2004 Athens Olympics, Pearson has worked alongside his father as the managing director of Statewide Oil.

Fremond drew gate four at Tuesday’s Magic Millions barrier draw.

He is the $4.60 second favourite. Lucky Street heads the TAB’s market at $3.40.

Jay Rooney

The West Australian