Kalpana is no longer the favourite for next month’s Prix de l’Arc de Triomphe after an odds-on defeat by Giavellotto at Kempton.
Andrew Balding’s four-year-old was around 6 – 1 much-loved for Europe’s wealthiest race on 5 October yet is now out to 12 – 1
King George runner-up Kalpana , ridden by Colin Keane, was beaten by a size and a half by Giavellotto in the September risks.
The victor was guided home by Oisin Murphy on his 30 th birthday for instructor Marco Botti.
Balding suggested later on that a decision on whether Kalpana would run in the Arc at Longchamp in Paris has yet to be made.