Equine Prep, Thoroughbred Selection, Development, and Sales Thoroughbred Racehorse Pinhooking








2009 Top-10 Industry Honors

In the Bloodhorse/Marketwatch (7/21/09 issue) sales rankings of consignors,* Director John O'Hara was recognized with top ten rankings in the following categories:

  • Top 10 for highest rate of return

  • Top 10 for highest sales average

  • Top 10 for highest percentage of profitable pinhooks

*Two year-old pinhooking rankings for sales agents who offered at least 5 horses for sale


2009 Singular Industry Honor

Bloodhorse/Marketwatch (1/23/09 issue) recently concluded a 5-year study of two-year-old consigners from 2001-2005 that analyzed sales and racetrack purse earnings.

Equine Prep was the only consignor with both a sales average of over $100,000 and whose horses had average earnings greater than their sales average at the racetrack.

In the same study, Equine Prep was ranked third of all consignors with an Average Earnings Index (AEI) of 3.06;  i.e., horses sold by Equine Prep from 2001-2005 produced over 3 times the average purse earnings during the same span of time.

Two Breeders' Cup Winners

Equine Prep, LLC’s team selected and purchased two Breeders’ Cup Winners prior to the start of their racing careers, a feat that few bloodstock agencies have accomplished.

Winner's Circle with Adoration

Adoration (above) won the 2003 $2,000,000 Breeders’ Cup Distaff and then added several more Graded Stakes Races to her list of achievements.  She won over $1.9 million and her worth is estimated at over $2,500,000. She was trained by prominent California trainer, Dave Hofmans, an Equine Prep, LLC director. After a minor injury, Adoration retired as a broodmare in 2004.

Alphabet Soup, Breeders' Cup Classic Winner

Alphabet Soup (above) won the 1996 $4,000,000 Breeders’ Cup Classic, defeating the legendary Cigar.  Finishing in the money in 21 of 24 races, he is now a popular American sire.


 

Equine Prep, Thoroughbred Selection, Development, and SalesContact Us
e-mail: equineprep@msn.com
626-533-3262


Equine Prep Management's
John O'Hara
 has repeatedly earned a ranking of National Top 10 for highest sales average.*

In August  of 2009, Bloodhorse recognized John O'Hara as one of only four juvenile consignors to make the Top 10 list in three categories: Rate of return, average price and percent profitable. 

*Thoroughbred Times Magazine: Two-Year-Old Thoroughbred Auction Previews - February 2003, 2004, 2006 & 2007 and 2009 Bloodhorse/Marketwatch

Thoroughbred Times Top-Ten Sales Rankings

Equine Prep has
been recognized as a top ten sales agency for highest sales average at two-year-old auctions.
 

  • 2009
    Bloodhorse/Marketiwatch 7/21/09

  • 1997 - 2006
    Thoroughbred Times, 2/3/07

  • 1996 - 2005
    Thoroughbred Times, 2/4/06

  • 1994 - 2003
    Thoroughbred Times, 2/7/04

  • 1993 - 2002
    Thoroughbred Times, 2/8/03

Exceptional tax advantage for buying yearlings in 2009

Looking for tax write-offs for this year?  There are tremendous tax benefits associated with the purchase of thoroughbreds. For example, $500,000 in purchases in 2009 would generate an approximate 75% tax write-off for this year. Read on for details:

New 2009 Tax Code  Provisions Benefit Equine Industry

Economic Stimulus Act

  • Includes two tax incentives that allow a much larger write-off for horses purchased and placed in service during 2009

Expense Allowance

  • To $250,000 - 100% tax write-off
  • Expense Allowance reduced $1 for each dollar of eligible property purchased. during the year that exceeds $800,000

Bonus 1st-Year Depreciation

  • 50% 1st-year depreciation return
  • Property must be placed in service in 2009
  • Full 50% bonus depreciation allowed regardless of when in 2009 property is purchased and placed in service
  • Property must be new
  • Can be used in conjunction with expense allowance

2009 Tax Depreciation Schedule

  • Uniform 3-year depreciation schedule for all racehorses

Breeders Cup Winners?

Pinhooking sales averages that are nationally recognized?

Pinhooking sales averages that consistently outperform the Industry? 

Equine Prep has produced them all.

 

Stakes Horse for sale
Medjool (above) a 4 y.o. colt by Monarchos), earned a 2nd place finish and two 3rd place finishes in recent Graded Stakes Races.  He is currently stabled at Woodbine Racetrack with trainer Mark Casse.  Medjool is by Kentucky Derby winner Monarchos and his dam is a half-sister to Point Given, who won the Preakness and Belmont and was Champion in the same year as Monarchos.  He has current earnings of over $200,000 View pedigree.  

Contact Equine Prep to purchase Medjool.

Equine Prep Graduates


Santa Teresita was sold for $1.5 million in 2008.  She is a grade 1 winner who raced in the '08 Breeder's Cup Distaff.
 


Well Deserved, 2 year-old by Cactus Ridge. She had the fastest work at the 2009 Barretts March Sale and was sold for $100,000.  She has already earned over $100,000 and has won a stakes race and is graded stakes placed in four starts.
 


Bwana Bull, a past entrant in the prestigious Kentucky Derby was a successful weanling-to-yearling pinhook for Equine Prep clients.  This graded stakes winner has earned over half a million dollars in his career.
 

 

FAQ: What is pinhooking? 

A: Pinhooking is purchasing Thoroughbreds for the purpose of generating profits from resale.