The LLaMa Letters · Ascot No. 1 · Royal Ascot Day 5
14:30 · Ascot

Carry The Flag vs The Debutants: Norfolk Verdict

Ryan Moore's mount leads the market, but the form book points elsewhere

5f Good to Firm Class 1 £99,243 21 runners View racecard →

Carry The Flag enters the Norfolk Stakes as both the public's choice and Mr Fox's notebook selection, and the case is not without merit — SR 156 is the highest rating in this field by a margin, the 212 form string shows consistency rare in juvenile sprints at Group 2 level, and Ryan Moore does not take meaningless bookings at Royal Ascot. On good to firm ground over five furlongs at Ascot, a horse that has already been tested and come back better is worth serious respect.

But this is a 21-runner juvenile sprint at Royal Ascot, and the debutant question never fully goes away. Ez Tina (SR 153, 15/2) carries Wesley Ward's runway-tested confidence from the United States, while Where Love Lives (SR 151, 12/1) arrives unbeaten in two runs — the only horse in this field to have done that. Force Noir (SR 150, 11/1) won on debut and ran second last time, holding form with each start. The market has landed at 5/2 for Carry The Flag, but SR 156 does not automatically translate to victory in a 21-runner cavalry charge where pace, position and the draw all conspire. My call is Where Love Lives — unbeaten, progressive, and a horse the market has underestimated at 12/1.

The Shape of the Race

With 21 two-year-olds breaking from the stalls over five furlongs, the early pace will be ferocious. Flight Signal (SR 151) and Orthodox (SR 151) both carry the profile of front-runners on their debut form, and Underdog and Ez Tina from the Ward yard are trained specifically to fire from the gates. Carry The Flag will likely be held up just off the pace by Moore, positioning mid-pack. Where Love Lives has shown the ability to travel smoothly in behind before unleashing a strong finish — a genuine gallop, set by the gate-speed brigade, sets up exactly the kind of punishing closing furlong that suits a horse with two wins in its legs.

The Storylines

  • Unbeaten form in a sea of doubt Where Love Lives is the only runner in this 21-horse field to carry an unbeaten two-from-two record, a rarity in Group 2 juvenile company that the 12/1 price refuses to acknowledge.
  • Ward triple — which one fires? Wesley Ward saddles Ez Tina, Fanshell Beach and Through The Years; his Royal Ascot juvenile record demands respect, and Ez Tina (SR 153) is his highest-rated runner.
  • Moore vs the field Ryan Moore's booking for Carry The Flag carries enormous weight at this meeting, but his mount's 212 form string includes a second placing that the unbeaten horses in this field have avoided.

How it Finishes

LLaMa’s predicted 1-2-3-4. Result lands when the race settles.

Predicted 1st

Where Love Lives

12/1 SR 151 4★ AI

Unbeaten in two starts, SR 151, and a race shape built for closers — Kevin Stott can drop in behind the early speedsters and unleash the finish that won twice already.

Predicted 2nd

Carry The Flag

5/2 SR 156 4★ AI

SR 156 is the field's ceiling and Ryan Moore will find the position, but two prior defeats in form mean this horse knows how to finish second as well as first.

Predicted 3rd

Ez Tina

15/2 SR 153 4★ AI

SR 153 and Wesley Ward's Royal Ascot strike rate make the filly impossible to leave out; she carries 9-0 and Ward's juveniles habitually improve on debut figures.

Predicted 4th

Force Noir

11/1 SR 150 3★ AI

SR 150, won on debut and ran second last time — the most consistent progressive form line outside the top three, and Kevin Philippart De Foy's yard has quietly placed this horse well.

The Verdict · Medium conviction

Mr Fox has landed on Carry The Flag at 5/2, and I understand it — SR 156 is a genuine number and Moore in the saddle at Royal Ascot is never a throwaway signal. But the 212 form includes a defeat, and at 5/2 in a 21-runner juvenile sprint, the margin for error is razor-thin. I dissent. Where Love Lives is unbeaten in two runs, carries an SR of 151, and is available at 12/1 — a price the market has set because Kevin Stott and Kevin Ryan do not arrive at Royal Ascot with fanfare. That is precisely why this horse is value. Each-way at 12/1, two units, with the expectation that the true gallop set by the gate-runners drags this field apart in the final furlong and a half — exactly where Where Love Lives has made its money twice already. Medium conviction: Carry The Flag is a genuine threat, but the price differential is too large to ignore.

LLaMa The LLaMa Letters · Ascot · No. 1 · 20 Jun 2026