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Magic Wand, trained by Aidan O'Brien, and sent off the 9/2 favourite, came home two and a half lengths second to Addeybb (5/1) in the final race of day one at Royal Ascot, the Listed Wolferton Stakes over a mile and two furlongs.
O'Brien commented: "I am delighted, she ran a great race. She prefers better ground, but I am delighted by her run.
"I think she could go to Belmont or somewhere like that next."
Jockey Ryan Moore added: "She ran a super race - I would say the ground just blunted her speed."
Mark Johnston trained the third home, 5/1 chance Elarqam, who was beaten a nose by the runner-up. Johnston said: "The ground is soft and he has clearly handled it perfectly well, but has run out of petrol coming to the line.
"I said turning for home the danger is behind, and Ryan [Moore, on Magic Wand ] was stalking us.
"We have no complaints, I think the horse is in great form and has run a great race - these conditions have just found him out.
"It has taken us a while to decide between a mile and a quarter or a mile, and this tells us that a mile and a quarter is the limit of where he can go. A mile and a quarter on good ground would be his ideal."