The seven-year-old gelding has come out of retirement to resurrect his career in Tasmania and Hall of Fame legend Charlie Goggin has come out of retirement to train him.

His co-owner, former top jockey Stephen Maskiell, is still in retirement but Fastnet Dragon is his first serious racing involvement since hanging up his saddle in 2014.

Maskiell, a three-time Hobart Cup winner, races Fastnet Dragon with his wife Yasmin who originally bought the horse at the 2012 Inglis Premier Yearling Sale on behalf of an owner in Singapore.

He began his career with Sydney trainer Gerald Ryan but had only one barrier trial before being sent overseas.

He went on to enjoy good success in Singapore, winning four races and being placed in numerous feature events, including a second in the Singapore Gold Cup.

However when he failed to find form in three runs in the spring of 2016 his owner decided to retire him.

The Maskiells then stepped in again, buying the horse for themselves and bringing him to Tasmania.

Several months later, they decided to see if the gelding still had a zest for racing and sent him to long-time friend Charlie Goggin who had retired from mainstream training but still retained a licence in partnership with daughter Luella Meaburn.

In October,  almost a year after he last raced, Fastnet Dragon found himself back at the track and winning a barrier trial at Elwick.

Four months later, he is an $8.50 chance to win the Hobart Cup.

However the road from retirement to potential glory hasn’t been an easy one.

“When the horse arrived from Singapore his mind was frazzled,” Goggin said.

“We pretty much couldn’t do anything worthwhile with him.

“I told Stephen and Yasmin we would have to give him time to rediscover himself as a racehorse and they’d have to be patient.

“It’s been a battle at times but the horse finally responded.

“I’ve always believed he was an ideal Hobart and Launceston cups horse because he won or was very competitive in big races in Singapore.

“What we had to do was find a way to help him find that old form.”

Fastnet Dragon did just that in the Summer Cup at Elwick a fortnight ago, circling the field with 59kg to score an impressive win.

It guaranteed him a start in the Hobart Cup where he will carry 5kg less.