Coolmore have confirmed that Australian star So You Think is poised to join Aidan O'Brien for a European campaign in 2011.
The son of Coolmore stallion High Chaparral has already won five Group One events for Australian training legend Bart Cummings and was a creditable third in Tuesday's Melbourne Cup.
Coolmore have entered into an agreement to purchase an interest in the brilliant colt with a view to him joining their stallion roster at the end of his career, but he is due to race on in Europe first.
Negotiations are still on-going, with some issues still to be resolved.
Coolmore manager Michael Kirwan said: "So You Think is as good a horse as I've ever seen and I believe he can go on to emulate his sire High Chaparral, himself an elite racehorse, and become a sire of international repute.
"We expect him to be a major force in Europe's greatest races next year and when the day does come for him to retire he will have tremendous appeal to breeders in both hemispheres.
"Following the likes of Choisir, Haradasun, and most recently Starspangledbanner, there is a tremendous precedent of success for Australasian-bred horses being campaigned at the highest level in Europe and I am confident that So You Think can add to that."
Tom Magnier of Coolmore Australia echoed Kirwan's thoughts, adding: "We see this as a great opportunity for So You Think to showcase his talents to the world.
"The racing world is well aware of the brilliance of the Australasian sprinters, but to produce a middle-distance horse capable of successfully competing on the world stage, as we believe So You Think can, would serve as a huge boost to the Australasian racing and breeding industry.
"He's such a versatile horse that there would be numerous opportunities for him in Europe and beyond and of course all the very best races will be considered."