The Albury businessman, who has required his share of "alligator blood" to survive more than 20 years of scraps with federal government legal eagles, is not walking into a courtroom stoush this time around.

Instead it's onto a racetrack where he has been dealt the strongest hand.

He is part-owner of pre-race favourite Alligator Blood, who can cement his standing as racing's next rock star, if he hasn't already, with victory in the $5 million All-Star Mile today.

Mr Endresz has been bruised, battered, but still not out in his legal battle which has folklore status in his hometown and remains some distance from the successful ending he craves.

"Alligator Blood" has its origins in poker and refers to the toughness and tenacity required to keep fighting when all seems lost.

The term resonates on many fronts for the horse's connections.

Mr Endresz's wife of 34 years, Joy, was planning to join him and other connections at Caulfield today after being dealt the cruel hand of cancer.

It developed in the bowel, moved into the bones, spread to the liver and has now showed up on the lungs soon after she and her husband had become grand-parents for the first time.

"She was doing all the tests every 12 months and was actually all clear in February and then got diagnosed in November," Mr Endresz said.

"The choice of name is obviously deliberate.

"It means being resilient, tenacious and not giving up and was a reflection at the time of my business stuff, but it has become more than that with Joy's approach to her cancer battle.

"We've come up with a little saying 'you die once, but you live every second'.

"After the last win a lady come up to me, who has only got a few months to live due to cancer, and a grand-mother who has a two-year-old grand-daughter who is going to be dead in a few weeks due to brain tumours."

But "alligator blood" also sums up the life experiences of the horse's trainer David Vandyke, who has battled the demons of booze and drugs and successfully come out the other side.

Regular jockey Ryan Moloney, who has also had a bumpy ride on life's rollercoaster, is on the cusp of forging a partnership with Alligator Blood in the same way Luke Nolen did with Black Caviar and Hugh Bowman and Winx.

They are not the only ones strapped on for the ride of their lives.

Mr Endresz races the three-year-old with his uncle Jeff and aunty Robyn, who live on the Sunshine Coast where Alligator Blood recorded the first of 10 race wins from 11 starts.

His only defeat to date was being nabbed on the line in the Caulfield Guineas last spring before the undisputed highpoint came at Flemington a fortnight ago with a commanding victory at racing's elite level in the Australian Guineas.

At the start before, Alligator Blood required every ounce of his fighting qualities to see off another emerging turf star in Catalyst.

"I felt like the lone wolf spruiking his first race when he came from 10 lengths last on the turn to still win," Mr Endresz said.

"The arrangement we have is pretty easy.

"Jeff and Robyn get all the trophies bar the group ones, so up until a fortnight ago my cupboard was pretty bare.

"The C.S. Hayes Stakes was the race where he showed true grit, the Australian Guineas was where he was simply brilliant and my theory for this weekend is he will be dominant.

"But if he isn't dominant there are two things I can guarantee.

"He didn't give up and was trying and whoever beats him is a superstar."

After dabbling in horses in the early 1980s, Mr Endresz bought into his first syndicate in 2008 and continued to race horses in syndicates up until four years ago.

"Jeff, Robyn and I got together and decided we can lose our own money," he said.

They purchased three horses who all won races before buying Alligator Blood at the Magic Millions sale in 2018.

It has turned out to be a bargain buy considering some of the other horses on offer at the Gold Coast sale generally go under the hammer for $2 million plus.

"We bought him for $55,000, we've won $2.8 million, we got criticised for not selling him at $400,000 and we were told we were nuts for not selling at $1.2 million," Mr Endresz said.

"Then we were really bagged at $3.2 million.

"But what we've shown is you don't need to sell these horses to Hong Kong and Singapore.

"Don't get me wrong, Winx, Makybe Diva and Black Caviar were all great horses with records to match, but they didn't have those big rivalries with other horses which made you go to the races like we did in the 1980s with the likes of Bonecrusher and Our Waverley Star.

"They put picket fences up and had we lost to Catalyst so what.

"It was a great race and Catalyst is a great horse."

The All-Star Mile is the richest race over 1600m in the world and Alligator Blood's career prizemoney could almost double with $2.25 million to the winner.

But win, lose or draw, the gelding will be spelled after the All-Star Mile ahead of a spring campaign which could include a shot at further riches in the Everest and Golden Eagle in Sydney before heading to Melbourne for the Cox Plate.

Not moving at the same pace is Mr Endresz's court case even though he remains upbeat about the verdict eventually falling his way.

"It's all in my court," he said.

"The government is going to try and have another crack at bankruptcy and I am waiting for those documents.

"But when that happens it opens the gate for me to go to the High Court and kill the whole thing."