Craig Newitt is confident Light Fantastic can redeem himself in the Group One Futurity Stakes, but high-profile bookmaker Mark Read is happy to take him on.The four-year-old has gone from unbeaten in his first five starts to easybeat at his last four, but Newitt has never lost faith in the grey.Newitt and trainer Mick Price both agree the Futurity at Caulfield on Saturday puts the spotlight on Light Fantastic who is trying to win his second Group One race at 1600 metres.A year ago he won the Aus

Craig Newitt is confident Light Fantastic can redeem himself in the Group One Futurity Stakes, but high-profile bookmaker Mark Read is happy to take him on.

The four-year-old has gone from unbeaten in his first five starts to easybeat at his last four, but Newitt has never lost faith in the grey.

Newitt and trainer Mick Price both agree the Futurity at Caulfield on Saturday puts the spotlight on Light Fantastic who is trying to win his second Group One race at 1600 metres.

A year ago he won the Australian Guineas over the distance at only his fourth start but doubts were raised about whether he was a genuine miler when he could finish only fourth to Weekend Hussler in the Makybe Diva Stakes at Flemington in the spring.

It was his first defeat and he hasn't won since although stomach ulcers were blamed for his form lapse in the spring.

Newitt said stablemate Alamosa was the danger to Light Fantastic.

He said the way the track races on the day held the key to their respective chances.

"It looks a pretty simple race to read," Newitt said.

"Annenkov will lead and if the track plays fair and is not too affected I think he (Light Fantastic) should win.

"If the cut is out of the track then it will suit Alamosa and he is probably going to sit off us.

"One of them will win but hopefully it is us."

Alamosa ($2.70) and Light Fantastic ($3.40) lead TAB Sportsbet's Futurity Stakes market ahead of last-start Carlyon Cup winner Time Matters ($5.50).

Price said he wouldn't be surprised if either horse won after they worked impressively together on Tuesday morning.

"I reckon both are cherry ripe," Price said.

He said Light Fantastic was holding his condition and had done well since his first-up second to Lucky Secret in the Carlyon Stakes at Moonee Valley and close fourth in the Orr Stakes which Maldivian won by neck from Alamosa.

"It should be a nicely run mile race at weight-for-age and he (Light Fantastic) certainly gets his chance," Price said.

He said that Alamosa was a two-length better horse than in the spring when he won the Group One Toorak Handicap (1600m) at Caulfield.

"He's an autumn four-year-old stallion now, holds more body weight, and looks fantastic," Price said.

However leading bookmaker Read believes that Time Matters can upset the favoured Price-trained duo on his favourite track.

"Time Matters is a track specialist at Caulfield," Read said.

"There will be no early pace and he is drawn to sit handy at the head of the field.

"His sceptics have hinted that the rise in class will be a difficult obstacle to overcome, however I believe that his rivals are not proven at this level, or are racing out of their best form. "

Alamosa is a firming favourite with Read's IASbet.com at $2.50 while he has taken aim at Light Fantastic, claiming he is poor value even at $4.

He said Light Fantastic had not progressed since his racing days as a three-year-old.

"He will spot the leaders a start after a slow tempo and his recent late sectionals, in comparison to the other horses in the race, do not appeal to me at all," Read said.