By the time Baird returned after the ban, he had inherited his family fortune and started to buy race horses; Tom Cannon – great-grandfather of
Lester Piggott – acted as his adviser. They attended a dispersal sale for Lord Falmouth's stables, buying some quality horses, including a three-year-old
filly called
Busybody. Tom Cannon rode her to victories in the
1,000 Guineas Stakes at Newmarket and the
Oaks at Epsom in that same year. Busybody produced a
foal called
Meddler that was sold to America after Baird's death; he became a very successful and influential
stallion at stud. Baird continued to buy horses (often selling platers), leased Bedford Lodge stables in
Newmarket, Suffolk, from
Captain James Machell, and employed Martin Gurry as his trainer. He also used Tom and William Stevens in Berkshire, Bob Armstrong of Penrith, James Prince at Lewes and others, once remarking that he was not sure how many horses he owned. His stud was at
Kentford near Newmarket (now called Meddler Stud), and he later transferred it to
Moulton Paddocks in 1892. Baird also leased
Whittington Old Hall for a period, and resided there when attending meets in the area. Martin Gurry found Baird difficult to work for. During one of their disputes, Baird withdrew all of his horses and sent them to William Stevens, including a horse called
Merry Hampton. Baird and Gurry made up their differences, and the horses were returned to Bedford Lodge in time for Merry Hampton to run in
The Derby, which he duly won (1887). All expected Baird to lead Merry Hampton into the winners' enclosure after the race, as was normal for the winning owner of the Derby. However, he refused, and this was seen as a snub to the "establishment," with which he was often at odds. This mutual antipathy was in stark contrast to the relationship that Baird's cousin Douglas had with the establishment. He was elected as a member of the
Jockey Club in 1887. Baird replaced Gurry at Bedford Lodge with Charles Morton in 1888. Baird did not settle his dispute with Gurry over his contract until 1890. Morton lasted four years, to be replaced by Joe Cannon, younger brother of Tom. Charles Mowbey was Baird's general manager and Jack Watts his retained jockey. Martin Gurry used the money he received from Baird to build a stable in Newmarket, from where he trained for 27 years. He named the establishment Abington Place. As well as winning the Derby in 1887, Baird topped the owners' list with 46 wins for his horses. It was said that Baird was most interested in riding winners himself, but this was not always possible due to restrictions on some meetings, where amateur riders could not compete, or his weight precluded him. == Private life ==