 In September 1967, Majestic Prince was purchased by Calgary, Alberta, oilman Frank McMahon at the Keeneland yearling sale for a then-record price of $250,000 ($ million inflation adjusted).The California-based colt, that grew to 1,120 pounds, was trained by another Albertan, Johnny Longden, a longtime friend of Frank McMahon, who had retired in 1966 as the winningest jockey of all time.Raced lightly as a two-year-old, Majestic Prince won both of his starts in his 1968 fall campaign.