Median Rises as Arqana Sale's Part 2 Opens

It grew 6.7% from a year ago while the average rose less than 1%.

Part 2 of Arqana’s Deauville October yearling sale opened with a 6.7% upswing in the median price from a year ago and an average price that grew less than 1%. With fewer horses sold, the gross revenue declined 19.1% Oct. 19 in France.

A son of King's Best named Rock Bleue brought the most expensive price of €55,000 ($75,525 in U.S. funds). David Powell of EURL du Chene purchased the bay colt from Haras de Grandcamp.

Rock Bleue is the second foal out of Pierre Bleue (by Poliglote), who finished second once and third once in 13 career races. The yearling is from the family of French champion Broadway Dancer.

The results for Part 2’s first session (which was the October auction’s third session overall) included a gross of €1,917,000 ($2,632,390) for the 106 yearlings that were sold. The average was €18,085 ($24,834) and the median was €16,000 ($21,970). Last year, 132 horses were sold.

The clearance rate was 69.3% compared to 67.7% in 2010.