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Ogden continues spending spree at Arqana

SIR ROBERT OGDEN continued his spending spree on the final day of the Arqana August yearling sale in Deauville today, striking for the top lot, a €190,000 sister to last month’s Audi King George Stakes fourth Mister Hughie, by Elusive City.

The purchase took Ogden’s total expenditure over the four-day sale to €1,830,000 for eight horses.

Sir Robert Ogden - June 2008

Sir Robert Ogden: summer horses

  PICTURE: Edward Whitaker  

Ogden’s racing manager Barry Simpson said: "We have bought some very nice individuals with good conformation. This year we have broadened our spectrum and gone for different types of yearlings, as in 2009 we bought only two for €1,100,000 and this year we have bought eight.

"This is because it is important for Sir Robert to see his horses running while he is in the UK for the summer. Before, we had bought later-maturing types who were racing in September and October.

"We will also use a bigger spread of trainers and there’s a slight possibility of having some trained in France."


Another prolific purchaser at the sale, Sylvain Vidal, signed for another 11 horses at a cost of €615,000, bringing his total spend at the sale to €2,145,000 for 22 horses.

The four-day sale concluded with 289 horses sold at a clearance rate of 69 per cent – down from 74 per cent last year and the lowest recorded since 66 per cent of catalogued horses were sold in 2002.

Turnover finished at €27,208,000, which was down by 30 per cent from last year and was again the sale’s worst result since 2002.

The sale average took a 17 per cent hit, falling from €113,663 to €94,145. The drop in median was less precipitous, going from €72,000 to €70,000, suggesting the middle to lower market faredbetter than the top end.

 

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