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Deauville Sales

Arqana recorded total sales of nearly €87 million in 2011

  PICTURE: Edward Whitaker (racingpost.com/photos) 

Arqana celebrates increase in 2011 figures

ARQANA SALE FIGURES2011 (€)

 Year  Offered  Sold  Total  Average
 2011  2,963  2,234  86,937,000  38,915
 2010  2,841  2,109  75,660,100  35,874

THE Arqana December Sale, which ended on Tuesday, concluded a successful year for the auction house, which is celebrating growth in all key areas.

The overall aggregate, including private sales, rose 15 per cent from 2010 t0 fall just shy of €87 million, a figure second only to the historical record of 2007. The average rose 8.5 per cent to €38,915 while the number of horses to sell increased by 125 to 2,234.

The highlight of Arqana's year came during the August Yearling Sale when Paul Fudge of Waratah Thoroughbreds paid €1.7 million for a Galileo filly from Haras de la Perelle. The sale, which featured the launch of the new Deauville sales complex, was divided into two parts for the first time in 2011, a format which is set to be maintained next year.

Overall, the yearling market at Arqana showed healthy gains from 2010, with the aggregate rising nine per cent to €45,042,750 and the average increasing six per cent to €47,917.

Increases at the Saint-Cloud Breeze-up Sale in May were returned for the sixth consecutive year while the Arc Horses-in-Training Sale hit new heights with the sale of Glorious Sight to Andreas Putsch for €1.7 million. Turnover for the Summer, Arc and November horses-in-training sales combined totalled €14.7 million, a 72 per cent leap from 2010.

"2011 has been a very good year for Arqana," said Eric Hoyeau, president of Arqana. "It witnessed the inauguration of our new Deauville sales pavilion, which has conquered buyers and vendors alike and enables us to welcome all those involved with
the sales in a comfortable, functional and classy environment.

"2011 also proved an excellent renewal for our graduates, with the August yearling sale asserting as the best source of Group 1 winning juveniles in Europe. From the 13 Group 1 races restricted to the younger generation, four were won by graduates of the Deauville August sale (Maybe, French Fifteen and dual Group 1 winner Dabirsim), a better score than all other sales companies in the world.

"Finally, all categories registered figures up from 2010, notably an increase in both the number of horses sold and the average price. Such performances allow us, as well as our vendors, to consider the coming year with optimism. "

 

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