Pinhooking Yearling de Plat
The global thoroughbred industry is a very dynamic market where horses are a luxury commodity traded at every stage of their life. One of them is yearling pinhooking at 2 years old, the practice is to buy 18 month old horses at public auctions or directly with breeders. The seemingly straightforward process is to supervise the breaking out as well as the training, and to resell the horses as soon as they are two years old when they are ready to run. The sale is then made during a presentation in excercise, where performance is essential. Concretely, the more the horse travels a given distance in a short time and this by demonstrating good locomotion, the more they will arouse the interest of buyers and therefore will impact its resale price. The strategy focuses on the North American market, being the one handling the highest volumes of trade. The duration of the cycle is 7 months.
Production tools
Wavertree Stables, the nerve center for the education of young thoroughbreds in the USA, has been established since 1995 in Ocal, Florida. The vast majority of thoroughbreds intended to run are located there in winter so that they can benefit from a climate and a calcareous soil favorable to their development. The other part of the thoroughbreds is sold, even before their careers as young athletes begin, during public sales. Wavertee Stables is one of the most important stables in the region, mainly focused on breaking out, educating and developing young horses before they go on sale, it accommodates up to 150 horses in winter. About two thirds of these horses go to auction in the spring of their 2 years. Also they prepare the horses of their private clients such as Paul Reddam or Coolmore (John Magnier and associates). The stable can count on all the tools necessary for equine well-being, a swimming pool, a spa, walkers, a large number of paddocks as well as very good quality grass and sand tracks. Since its inception, Wavertree Stables has been a staple in the ready-to-run two-year-old sales market. For 4 years, flagship leader in business volume, the results of horse races sold have been impressive.
Plate Yearling Pinooking
Attached in our case to the world of flat racing, pinhoooking consists of buying 18-month-old horses that have never raced. These yearlings are spotted at public auctions or directly from breeders. Concerning us, they are prepared for a public sale before which they will be presented in excercise. This first presentation makes it possible to resell at auction the 24-month-old horses that have never raced as a result of this first test.