+321 123 4567
[email protected]
  • Home
  • Buying a Racehorse
    • Foal Purchases
    • Yearling Purchases
    • Breeze Up Purchases
    • Horses In Training Purchases
    • National Hunt Purchases
    • Horses For Sale, 2021
    • Pinhooking
  • Racehorse & Bloodstock Management
  • Breeding
    • Mare Purchases
    • Matings Advice & Nomination Booking
    • Hypothetical Mating
    • UK Stallion Fees 2024
    • IRE Stallion Fees 2024
  • Sales
  • News
  • Contact Us

Foal Pinhooking – 2017 results include turning £28,000 into £120,000

Posted on 17 October 2017

With the foal sales just around the corner attention will soon turn to pinhooking. Pinhooking is the term used when I purchase a foal on behalf of a client and then re-sell it as a yearling hopefully for profit. The time in between foal to yearling sales is approximately 10 months and I have been lucky enough to have enjoyed some great success. This year alone I have enjoyed a 28,000gns foal turn into a £120,000 yearling, 55,000gns into €90,000 and 27,000gns into €68,000. In previous years, successes have included 120,000gns into 220,000gns, €42,000 into €130,000, 42,000gns into 110,000gns, 47,000gns into €120,000, etc. Clearly it is not always straightforward and I would never purchase for any client who did not understand the risks but if you think this is for you then please make contact.

Alternatively you might be interested in purchasing a foal to subsequently race as a 2-year-old – seeing these profits there is every chance you might have a £150k yearling for £50k for example.

The foal sales start in mid-November and I will be working both the Goffs and Tattersalls sales hard looking for the stars of the future and the pinhooking bargains. Please make contact if interested.

 

Previous Post
Tattersalls Horses-in-training sale, Newmarket 30 October – 2 November
Next Post
Mating Plans & Nomination booking – 2017 Successes include 500,000gns Book 2 filly

Recent Posts

  • 80,000gns pinhook sells for 160,000gns in Tattersalls Book 2 26 October 2023
  • Great sale ! 320,000gns for Too Darn Hot colt out of 130,000gns mare purchase 26 October 2023
  • Tattersalls yearling sale ends with 19 purchases and a 320,000gns sale 26 October 2023
  • Safe Voyage turns the clock back to win Chester class 3 8 August 2023
  • Glorious Goodwood double for yearling purchases Lord Riddiford and JM Jungle 8 August 2023

Categories

  • Latest News (380)

My Social Media

LinkedIn
Instagram
Twitter

Contacts

[email protected]
07769 349240
Field House, 4 Cowage Farm Cottages, Foxley, Malmesbury, Wiltshire, SN16 0JH

© Copyright 2023 Richard Knight Bloodstock Agent Ltd | Privacy Policy, GDPR | Sitemap | Website Design & SEO by THISWORKS