Danon Premium began his track career in a contest for previously unraced juveniles over 1800 metres at Hanshin Racecourse on 25 June and won by four lengths from Spring Smile and eight others. After a summer break, the colt returned to the track on 7 October when he was moved up in class for the Grade 3 Saudi Arabia Royal Cup over 1600 metres at Tokyo Racecourse. Starting the 2.6/1 second choice in an eighteen-runner field he won by one and three quarter lengths from the favourite Stelvio in a race record time of 1:33.0. On 17 December Danon Premium started the 1.3/1 favourite for the Grade 1 Asahi Hai Futurity Stakes at Hanshin with the best fancied of his fifteen opponents being Tower of London, Stelvio and Danon Smash. Danon Premium raced in third place before taking the lead early in the straight and recorded an emphatic victory as he came home three and a half lengths clear of his rivals, with Stelvio taking second ahead of Tower of London and Keiai Nautique. After the race Yuga Kawada said "He’s a smart horse. He was a bit keen to go today but I believed in his strength and urged him to go when I saw a clear path entering the lane. He stretched and accelerated really well, just as we had expected. We need to extend the distance of his races in order for him to win the classics next year but I think he will continue to develop well toward this goal". In the official ratings for Japanese two-year-olds Danon Premium was rated the best juvenile of the year ahead of Time Flyer and Wagnerian. In January 2018 Danon Premium was named Best Two-Year-Old Colt at the JRA Awards for 2017 taking 275 of the 290 votes.
2018: three-year-old season
On his three-year-old debut Danon Premium contested the Grade 3 Yayoi Sho over 2000 metres at Nakayama Racecourse on 4 March. Starting the 0.8/1 favourite in a ten-runner field he maintained his unbeaten record as he came home one and a half lengths in front of Blast Onepiece. The colt bypassed the Shuka Sho after sustaining an injury, described as a "stone bruise", to his right foreleg. He returned to the track for the Tokyo Yushun over 2400 metres on 27 May and started the 1.1/1 favourite against seventeen opponents. After tracking the leaders he began to make progress in the straight but was boxed in on the inside rail in the closing stages and finished sixth behind Wagnerian, Epoca d'Oro, Cosmic Force, Etario and Blast Onepiece. He did not race again in 2018.
2019: four-year-old season
After an absence of over nine months Danon Premium returned to the track on 10 March for the Grade 2 Kinko Sho over 2000 metres at Chukyo Racecourse and started second favourite behind Air Windsor in a thirteen runner field which also included Lys Gracieux, Al Ain, Persian Knight and Mozu Katchan. He tracked the leaders before going to the front 200 metres out and won by one and a quarter lengths from Lys Gracieux. In April at Kyoto Racecourse the colt was dropped back in trip and started odds on favourite for the Yomiuri Milers Cup against nine opponents including Indy Champ, Mozu Ascot. Danon Premium raced in second place behind the front-running seven-year-old Guanciale before taking the lead in the straight and winning by one and a quarter lengths. Danon Premium was strongly fancied for the Yasuda Kinen at Tokyo on 2 June and started second favourite behind Almond Eye but trailed home last of the sixteen runners behind Indy Champ after being hampered soon after the start. Danon Premium returned from his summer break to contest the autumn edition of the Tenno Sho over 2000 metres at Tokyo on 27 October and started the 8.5/1 third favourite. After racing in fifth for most of the way he proved no match for the easy winner Almond Eye but kept on well in the straight to take second place. On 17 November Danon Premium started favourite for the Mile Championship at Kyoto. He raced in fourth place behind the front-running My Style before taking the lead in the straight but was overtaken and beaten one and a half lengths into second place by Indy Champ.