Less than three weeks after a win in the $1.8 million Big Dance Stakes at Royal Randwick Racecourse in Sydney, Australia, the red-hot 5-year-old gelding Gringotts is bound for a much smaller venue for the Group 3 Gong Stakes at a mile at Kembla Grange Racecourse on Friday evening. Thanks to his win in the Big Dance Stakes, as well as second-place finishes in two stakes in September and October, Gringotts will carry topweight of 132 pounds in the $650,000 Gong Stakes, a handicap which drew a full field of 16. Kembla Grange Racecourse is located in a seaside town of the same name about 40 miles south of Sydney. :: Get free past performances, analysis, and picks for Australian racing Trained by Ciaron Maher, Gringotts was always near the front in the Big Dance Stakes and won by slightly less than a length. He has a tough draw in the Gong Stakes, starting from the outside post in the one-turn race. Gringotts, who will be ridden by Tommy Berry, has sufficient speed to be forwardly-placed and avoid a wide trip. The post position has not scared away early bettors. As of Thursday, Gringotts was the 9-2 favorite, a slight choice over Territory Express (5-1) and King of the Castle (8-1), who is on the also-eligible list. Territory Express was fifth by 1 1/2 lengths in the $1.34 million Five Diamonds Stakes at 1 1/8 miles for Southern Hemisphere 5-year-olds on Nov. 9. Last April, Territory Express won a restricted race worth approximately $650,000 at a mile at Randwick. King of the Castle is not a certain runner. If he fails to draw into the race from the also-eligible list, the 8-year-old gelding is entered to start in the preceding race, a lucrative handicap at a mile. King of the Castle won a handicap at 7 1/2 furlongs at Randwick on Nov. 5. Kembla Grange has a 10-race program beginning at 8:35 p.m. Eastern or 5:35 p.m. Pacific. Wagering is available through DRFBets.com. :: Want to learn more about handicapping and wagering? Check out DRF's Handicapping 101 and Wagering 101 pages.