in 1932, ladysman won the arlington futurity at arlington park in chicago, illinois in july and then shipped to saratoga race course in august and september. he started off the meet with a win in grand union hotel stakes at six furlongs and then won the united states hotel stakes at six furlongs. in his next race, he placed second in the saratoga special stakes at six and half furlongs. in his next start, he won the seven furlong hopeful stakes, beating sun archer by two lengths to establish himself as the season's leading juvenile colt. in september, he placed second in the futurity stakes at belmont park. ladysman was voted 1932 united states champion 2 yr-old colt.