I have been quiet for some time as lots has gone on in racing. The biggest of course being the retirement of the mighty mare Winx and being part of the 42,000 strong crowd to farewell an equine freak- a moment that I won’t forget.
Racing has also been under the spotlight for the wrong reasons as well with the current investigation against well known owner Damian Flower (a topic I won’t comment on). However as such investigations go on, new stars begin to stamp themselves on the track and jockeys return from injury or international stints as they say “the show must go on”.
A regular cycle in Australian Racing is that of the sales circuit- either Magic Millions or Inglis. I used to think that the world of Corporate Training had plenty of acronyms and terminology but Racing is one that has a language of its own, terms that the common people don’t understand.
As the sales continue to roll around and the next generation of turf stars are sold along with broodmares and race horses being moved onto new homes, I am constantly asked by friends outside of racing what certain terms mean.
The most that has been asked about recently is PINHOOKING. Now got to admit it does sound like a weird term to be used in racing, one would mistake it for being a fishing term but I can assure it isnt. Just to also make it clear no hooks or pins are also jabbed into horses, that is not what the term means either.
Pinhooking is simply the term used to describe the buying of a weanling (a horse that has been weaned off its mother and is typically between 6 months of age and 1 year) and then later selling the horse as a yearling at a later sale. Essentially other studs or individuals will buy the horse from a weanling sale and will retain the horse until it reaches 1 year old (Yearling) and then re-enters the horse in a different sale. The whole point to Pinhooking is to make a profit on the sale of the horse at a later point in time.