1994: three-year-old season Lake Coniston was highly regarded by Lewis but did not race as a two-year-old as he underwent surgery to remove a
bone spur on his knee. He made his debut in the Wood Ditton Stakes for previously unraced horses at
Newmarket Racecourse in April 1994 when he finished fifth of the nineteen runners behind the
John Gosden-trained Airport. On 5 May he started
2/1 favourite for a six
furlong maiden race at
Salisbury Racecourse but was beaten half a
length into second by Monaassib. In a maiden at
Haydock Park later that month he was tried over seven furlongs and finished sixth of the eight runners. Eleven days after his poor run at Haydock, recorded his first victory in a minor race over six furlongs at
Great Yarmouth Racecourse: ridden by
Pat Eddery, he led from the start, went clear of his four opponents in the last quarter mile and won by two and half lengths. On 16 June Lake Coniston was moved up sharply in class for the
Cork and Orrery Stakes at
Royal Ascot in which he started a 20/1 outsider and finished unplaced behind
Owington. He was dropped back to five furlongs for the Listed
Sprint Stakes at
Sandown Park Racecourse on 2 July and led for most of the way before being caught in the final strides and beaten a short head by the four-year-old Up and At 'Em. Two weeks later, the colt made his seventh appearance of the year in the Hackwood Stakes at
Newbury Racecourse and started third favourite behind the Gosden-trained pair Nimphidia and Storm Canyon. Eddery sent the colt into the lead from the start and he won by a length and a half from Nimphidia, with the pair finishing seven lengths clear of the other nine runners. Eleven days after his win at Newbury, the colt was dropped back in distance for the
King George Stakes over five furlongs at
Goodwood Racecourse and finished fourth, two and a quarter lengths behind the six-year-old mare
Lochsong. In August he was sent to France to contest the Group Three Prix de Meautry over 1200 metres at
Deauville Racecourse in which he was ridden by Pat Eddery's younger brother
Paul Eddery. The betting was headed by the
Middle Park Stakes winner
First Trump, with Lake Coniston starting a 14.4/1 outsider in an eight-runner field. Lake Coniston disputed the early lead before gaining a clear advantage at half way and won easily by two and a half lengths from First Trump. On his return to England, Lake Coniston, ridden by Pat Eddery, started favourite ahead of First Trump in the Diadem Stakes over six furlongs at Ascot on 24 September when the other runners included Bin Ajwaad (third in the
2000 Guineas) and Hard To Figure (
Ayr Gold Cup). Lake Coniston led from the start and held of the sustained challenge of First Trump to win by a length, with a gap of three and a half lengths back to Thousla Rock in third.
1995: four-year-old season Lake Coniston began his second season in the Listed Abernant Stakes at Newmarket in April. After the Swedish sprinter Windmachine took him on for the lead he established an advantage two furlongs out and won by three and half lengths from the filly Triple Joy. A month later the colt started 8/11 favourite for the Group Three Duke of York Stakes at
York Racecourse. His opponents included the
Godolphin runner So Factual, Chilly Billy (
Gimcrack Stakes) and Raah Algharb (
Flying Childers Stakes). He led from the start and won by three lengths from
So Factual with the filly Branston Abby a further three and a half lengths back in third. At Royal Ascot Lake Coniston started odds-on favourite for the
Cork and Orrery Stakes in which the field split into two groups on either side of the straight. He led the group on the stands side (the left side from the jockeys' viewpoint) throughout the race but was overtaken in the closing stages and beaten a head by So Factual, who raced up the opposite side of the track. Lake Coniston started 13/8 favourite when he met So Factual for the third time in the July Cup at Newmarket on 13 July. The other seven runners were Owington (attempting to repeat his 1994 success), Sergeyev (
Jersey Stakes), Piccolo (
Nunthorpe Stakes), Heart Lake (
Yasuda Kinen), Fard (
Middle Park Stakes), Hoh Magic (
Prix Morny) and Millstream (
Ballyogan Stakes). Eddery sent the favourite into the lead from the start as usual and the colt was never seriously challenged. Lake Coniston accelerated clear approaching the final furlong and won in "very impressive" style by four lengths from Piccolo. Eddery commented "He's so quick early that he burns them off... from a furlong and a half out he just quickened away from them off a good pace. He's as good a sprinter as I've ever ridden and today he was unbeatable". The official handicapper said "You wouldn't be afraid to put him up against any other sprinter of the last 25 years and that includes
Dayjur. That was an exceptional performance". In September, Lake Coniston started at odds of 1/3 for the
Haydock Sprint Cup. After disputing the lead for most of the way he was unable to quicken in the final furlong and finished fourth of the six runners behind
Cherokee Rose, Branston Abby and Owington. For his final appearance, Lake Coniston was sent to the United States to contest the
Breeders' Cup Sprint on dirt at
Belmont Park on 28 October. He reached fourth place on the final turn before fading badly in the straight and finishing eleventh. According to his trainer he failed to cope with the kickback (dirt kicked up from the racing surface): he said "When he returned he was covered in so much muck that I didn't even recognise him. It took a vet more than an hour to get all the stuff out of his eyes". ==Stud record==