Quote:
Originally Posted by Alabama Stakes
Seems like folks are spending a lot of money to win how much ? How many of these hips will earn their keep ? Or pay for themselves?
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Very few pay for themselves. The biggest players buy colts looking for the grandest prizes in the game and to make a stallion to offset the losses. Those buying fillies are hoping to win some nice races and either sell high at the bloodstock sales or add to their broodmare band.
And don't forget that a certain (considerable) percentage of these purchases are pinhooking traders that are going to develop the yearlings into 2yo in training sales offers.
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09-21-2017, 05:33 AM
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