Profit Street won the first leg of a feature double when he ran on to snatch victory in the Listed Bolton Stakes (1200m) at Belmont on Saturday.

Under a well-timed ride from Brad Parnham, Profit Street came from last in the field of eight and stormed past runner-up Flying Time to score by 1 ¼ lengths.

It’s It, last Saturday week’s Beaufine Stakes winner, was a further four lengths adrift in third place after leading to the final 100m.

First Among Equals got slightly held up and although he hit the line for fourth, he was no danger to Profit Street, who shaded him for tote favouritism.

After a consistent campaign lumping big weights, Profit Street relished carrying 54k in the Bolton Sprint, his lowest weight in over a year.

Matt Giadresco, who shares the training of Profit Street with his father, Peter, said the Viscount gelding deserved to claim his first feature race success.

“He has been really great this preparation and I’m so happy,” said Giadresco.

“I rode him on Thursday and he felt just brilliant and really good underneath me.

“He has a good turn of foot and can carry weight, he hasn’t carried 54kg for a while.”

Profit Street capped a career-best season for Parnham. He rode 44 winners to share second position with Jarrad Noske in the jockey’s premiership.

His highlights included a Group 3 victory with Samovare in the Champion Fillies Stakes (1600m) at Ascot in November.

He also formed a strong association with Variation, partnering the star three-year-old in the Listed Raconteur Stakes (1500m), Belmont Guineas (1600m) and Aquanita Stakes (2000m).

Parnham picked up the Profit Street mount after William Pike elected to ride Dezzies Dream.

“I thought we were a cheeky chance coming into the race,” Parnham said.

“I was told to take it easy and wait until I straightened up.

“He let down brilliantly and was too good for them.

“There is no reason why he can’t come out and do it again.”

Profit Street, a $77,500 yearling, will chase the Listed Belmont Newmarket (1200m) on August 12.

Julio Santarelli