Before the start of Baaeed's racing career his owner Hamdan Al Maktoum died and the colt raced in the ownership of Shadwell Estate. The colt was ridden in his first two races by Dane O'Neill. Having been unraced as a juvenile he made his track debut on 7 June 2021 in a maiden race over one mile on good to firm ground at Leicester Racecourse and started at odds of 6/1 in a fourteen-runner field. He produced a strong late run to gain the advantage in the final strides and won "cosily" by a length and a quarter from Tamaamm. Twelve days after his win at Leicester the colt started 4/6 favourite for a novice race (for horses with no more than two previous wins) over the same distance at Newmarket Racecourse and recorded his second success in "impressive" style, coming home seven and a half lengths clear of Komachi.
