Fine Cotton (29 November 1976 20 February 2009) was a brown Australian Thoroughbred gelding which was at the centre of a substitution scam (also known as a ring-in) which occurred on 18 August 1984, in the Commerce Novice (2nd division) Handicap over 1,500 metres at Eagle Farm Racecourse, Brisbane, Queensland. Although there have been many ring-ins and other illegal scams in Australian racing, the Fine Cotton scandal is infamous in Australia due to the involvement of some of racing's elite. Fine Cotton was foaled on 29 November 1976, by Aureo from Cottonpicker by Delta. He was bred by the estate of the late G A Darke and W D Hayne, New South Wales. Before the race Fine Cotton was a horse of limited abilities that was racing in the southern areas of Queensland. The horse was eligible to race in restricted races (for horses with fewer than a certain number of wins) and even then had a poor record leading up to the substitution. Before the ring-in, Fine Cotton's last race was in a 1,200m Intermediate Handicap at a Doomben Wednesday meeting on 8 August 1984, where he carried 53.5 kg and started at 20–1. He ran 10th in a field of 12. The scam involved a syndicate said to be headed by former bloodstock agent John Gillespie, which purchased a horse that looked almost identical to Fine Cotton and performed better. Unfortunately for the syndicate, this horse (Dashing Soltaire) was injured and unable to race when the ring-in was due to take place. Having already invested money and gone so far, the syndicate decided to find another horse. With time running out, they purchased a horse called Bold Personality, an open-class horse several grades above Fine Cotton. The syndicate faced a problem in that the horses were different colours. Fine Cotton was an eight-year-old brown gelding and had white markings on his hind legs, whereas Bold Personality was a seven-year-old bay gelding with no markings. To overcome this problem, they applied Clairol hair colouring to Bold Personality with limited success. On race day, having forgotten the peroxide to whiten the legs of Bold Personality, they resorted to crudely applied white paint. These poorly conceived attempts to overcome the discrepancies in appearance between the two horses later served to highlight the amateurish nature of the scheme. Race day The syndicate entered Fine Cotton in a race at Eagle Farm on