Bred by John St Leger Douglas of Springfields, Essex, he was sold to Jenison Shafto (1722-1771), of West Wratting, near Newmarket, and later at Mr Shafto's sale in October of 1771 at Newmarket to Sir Charles Sedley for 1350 guineas. He was described as a horse of great speed and power. He was undefeated in three years of racing and never paid a forfeit.
Goldfinder covered at Nuttal Temple, near Nottingham, with a fee as high as 25 guineas. Following the death of Sir Charles Sedley he was again sold, for 375 guineas, and covered from 1779 to 1784 at Coxe's Farm near Mitcham, Surrey. He sired a fair number of winners although his sons had little success in the stud. He died in 1789.