The Pencarrow colours have played a prominent part in arguably the most significant week in world racing, with Tasman Bay (FR) (Le Havre) finishing second in Friday’s £170,000 Group Two King Edward VII Stakes (2400m) at Royal Ascot.

Trained by legendary Olympian Sir Mark Todd and ridden by David Probert, Tasman Bay stalked the leader throughout the three-year-old staying feature and strode forward purposefully to hit the front in the home straight.

Alenquer (Adlerflug) eventually outfinished the Pencarrow colt in gruelling heavy ground and went clear to win by a length and a half, but Tasman Bay finished almost three lengths clear of the remainder of the field.

There is no shame in a second placing to Alenquer, who has now won three of his four starts. He was a last-start winner of the Group Three Sandown Classic Trial (2000m), in which he defeated the subsequent four-length Group One Epsom Derby (2400m) hero Adayar (Frankel).

Tasman Bay is raced by Sir Peter Vela and has now had five starts for a win and three placings, earning more than £50,600 in stakes – the equivalent of NZ$100,760.

Bred by Sir Peter Vela in partnership with Nico de Chambure, Tasman Bay is by Le Havre out of Purely Priceless (Galileo) – making him a younger half-brother to the Pencarrow-bred stakes winner Alzire (Shamardal).

Purely Priceless is by the great Galileo out of high-class mare Peeping Fawn (Danehill), who won the Group One Epsom Oaks (2400m), Irish Oaks (2400m), Nassau Stakes (2000m) and Pretty Polly Stakes (2000m).

Peeping Fawn is the dam of September (Deep Impact), who won at Listed level and placed in the Group One Fillies’ Mile (1600m), Moyglare Stud Stakes (1400m) and Breeders’ Cup Juvenile Fillies Turf (1800m). Another of her foals, Sir John Hawkins (Henrythenavigator), placed in the Group Two Coventry Stakes (1200m) and Group Three Tyros Stakes (1400m).

Others in this exceptional family include Group One stars Thewayyouare (Kingmambo), Blush With Pride (Blushing Groom), Rags to Riches (A.P. Indy), Jazil (Seeking the Gold) and Streaming (Smart Strike).

Purely Priceless herself won two races, and she is the dam of three winners from four foals to race. Alzire is a dual Listed winner, while Palmyre (Dansili) and Tasman Bay are both black-type placegetters.

Purely Priceless produced a filly by Wootton Bassett last season.