Pinning Hopes Not All About Profit

Musk Creek's first foray into pinhooking set a high bar, and came by chance in many ways, when it purchased Pierro and re-sold the soon-to-be champion as a yearling.

"We got into it almost by accident because the first year we had foals at the farm, we had 70 per-cent fillies and we felt we had to go and buy a few weanling colts just to balance the gender up," said Musk Creek owner David Kobritz. "That first pinhook weanling turned out to be Pierro."

"It isn't necessarily a financial decision to make more money it is about balancing the draft." - Musk Creek owner, David Kobritz

Musk Creek purchased Pierro at the 2010 Magic Millions National Weanling Sale for $115,000 and re-sold the son of Lonhro for double that at the following year's Magic Millions Gold Coast Yearling Sale.

Pierro went on to win 11 of his 14 career starts, including a Golden Slipper and has made an excellent start to his stud career with 12 stakes winners from his first two crops.

Not surprisingly, Musk Creek has continued to look for the right pinhook opportunities.

"It isn't necessarily a financial decision to make more money it is about balancing the draft," said Korbitz, a Moonee Valley Racing Club committeeman. "Of course we are looking for nice weanlings, but also from stallions we think will be popular."