Pinhook timeline for Hip 1056: from $575,000 weanling purchase in November 2024 to $10.5 million sale in April 2026, showing four key events including an injury that accidentally added value.

The Hip 1056 pinhook

November 2024

Weanling purchased at Keeneland November Sale

Randy Hartley and Dean DeRenzo of Hartley/DeRenzo Thoroughbreds buy the colt on behalf of client Tom Durant's Classic Equine. Hartley notes a weanling discount: "If he would have been a yearling, he would have probably cost double."

$575,000 in

Summer 2025 , two weeks before sale

Ankle injury forces scratch from Keeneland September yearling sale

The colt cuts his hind ankle and needs stitches. Hartley/DeRenzo pull him from the planned yearling sale. At the time, a setback. In hindsight, it gave him eight more months to mature physically and arrive at OBS as a fully developed two-year-old in training.

Unplanned detour that added millions

April 2026 : OBS under-tack preview

Breezes a furlong in :09 3/5, tying for fastest of the preview

With the entire sales pavilion watching, Hip 1056 delivers the product demo. Hartley: "I could just tell he was going to breeze good by how well he was traveling." OBS president calls him "LeBron James coming out of high school."

The moment the price became inevitable

April 17, 2026 : OBS Spring Sale

Sold to Amr Zedan (Zedan Racing Stables) for $10.5 million

Bidding opens at $1 million and does not stop. Bloodstock agent Donato Lanni signs the ticket on behalf of Zedan. New OBS record. Second-highest price ever paid for a 2-year-old in North America.

$10,500,000 out

Total return on 18-month hold

$575K in → $10.5M out

~18x

in 18 months