Group I-Placed Galileo Colt Tops Arqana Sale
The Arqana summer mixed sale ended July 3 with record receipts and a rise in average price as overall trading at the two-day auction was led by a group I-placed son of Galileo for €190,000 (approximately $258,400 in United States funds).
Mondialiste, a well-bred son of Coolmore's leading European sire out of two-time French group I winner Occupandiste, left the ring unsold on a final bid of €195,000 ($265,200) during Thursday's final session. But agent David Powell stepped up soon afterward to acquire the 4-year-old colt on behalf of longtime client David O'Meara.
The colt was campaigned as a homebred by Alain and Gerard Wertheimer and trained by Freddy Head. He finished third in the 2013 Prix Jean Prat (Fr-I) and won at Saint-Cloud May 23 in his most recent outing. His dam Occupandiste, by Kaldoun, won the 1997 Prix Maurice de Gheest (Fr-I) and Prix de la Foret (Fr-I).
Mondialiste is a half brother of French group II winner Impressionnante, who was second in the 2006 Poule d'Essai des Pouliches (Fr-I, French One Thousand Guineas) and is the dam of last year's Prix du Jockey Club (Fr-I, French Derby) winner Intello.
Sales on 280 horses across two days generated record revenue of €6,942,000 ($9,441,120), up 23.7% from last year. The average price of €24,530 ($33,360) represented an 11.5% increase and the median of €12,500 ($17,000) marked a 4.2% rise.
The clearance rate was 79%.
Thursday's horses in training session generated total receipts of €3,763,500 ($5,118,360) while 83% of horses changed hands, 11 of which were knocked down for €100,000 ($136,000) or more, compared with nine last year.
Not reaching his reserve price during the session was Balmat, a 3-year-old son of U.S. leading sire Kitten's Joy who is stakes-placed in three career starts, all this year. The final bid on the Indiana-bred colt out of stakes-placed Malaysia, by Quiet American, was €210,000 ($285,600). He was offered as part of a reduction by trainer Fabrice Chappet.
"The summer sale achieved a record turnover approaching €7 million, carried by the strong demand for National Hunt horses and for exports to the United States and to the Middle East for talented horses on the flat," Arqana chairman Eric Hoyeau said.
"Over the whole sale, 13 horses were sold for €100,000 or more, demonstrating a genuine density in quality."
For hip-by-hip results, click here.
Copyright © 2015 The Blood-Horse, Inc. All Rights Reserved.