A RACING syndicate of four Sunraysia people is celebrating a famous, and lucrative, win in what's been dubbed the most dramatic race in Magic Millions history.

Three-year-old Abounding come home strong to claim victory in the $3 million Gold Coast event, sending the Frazelstone syndicate of Annette Fraser, Geoffrey Hazeldine, Melissa Stone and Chase Stone into disbelief.

"I think we're all still...