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Scanman, I forgot to answer that question, but you surely guessed it right. I never owned racehorses and as you pointed out pinhooking might be the most lucrative part of an ownership. With costs ranging from 4k to 5k a month you surely need a big bankroll to keep a yearling in training until it makes it to the track. I fully understand the business model, but my point is that you can’t be sure about the horse’s potential at a very young age and that’s why you take the offer. But taking the offer doesn’t mean you’re selling a surefire G1 winner. You’re just selling a horse with (probably) lots of potential and you still need Willie, Nicky or someone else to develop and improve the horse.
@RTB: Paul Townend has ridden all the above mentioned horses to G1 success. Is that good enough for you?
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