A daughter of Galileo was the star of the second session of Arqana’s August yearling sale at Deauville in France, bringing €1.7 million ($2,445,180). Michael Goodbody, acting on behalf of Australian Paul Fudge’s Waratah Thoroughbreds, purchased her from her breeder, Haras de la Perelle Aug. 23.
The bay filly, which was bred in Great Britain, is the first foal out of the winning Polish Precedent mare Sanjida, who finished third in three group III events in France in 2007 and 2008. Her record also includes second-place efforts in three French stakes.
Sanjida is a half sister to three stakes winners, including Sarafina (by Refuse To Bend), who captured the 2010 Prix de Diane (French Oaks, Fr-I). Sarafina also has triumphed in the Grand Prix de Saint-Cloud (Fr-I) in 2010 and the Montjeu Coolmore Prix Saint-Alary (Fr-I) and Prix Corrida (Fr-II) in 2011.
In 2009, Fudge, through his company, Pangaea, sold a coal-seam gas exploration permit to the Australian energy company Origin Energy for $466 million. Fudge’s Waratah operation also was listed by Arqana as the buyer of a €500,000 ($719,170) Galileo – Royal Highness colt during the second session and the opening session’s most expensive horse, a €440,000 ($633,147) Invincible Spirit – Elle Galante colt. That yearling’s dam is by Galileo.
The only yearling in the standout sire Kingmambo's final crop was sold during the second session. Consigned by Haras des Capucines for his American-based horsemen John Stuart, Peter Bance, and David Mueller, the colt brought €220,000 ($316,465) from Prime Equestrian. The chestnut yearling is out of the stakes winner Queen of Money (by Corporate Report) and is a half brother to the added-money winners Pocketfullofpesos (by In Excess) and Quiet Cash (by Real Quiet). The colt also is a half brother to the winner Moneymakinmamma (by In Excess), the dam of stakes winner Spanky Fischbein.
The results for the second session included a gross of €12,883,000 ($18,530,100) for the 83 yearlings that were sold. The average price was €155,217 ($219,371) and the median price was €110,000 ($158,217). The clearance rate was 77.6%.
“We are very pleased with tonight’s stronger momentum, which confirmed the upward trend we observed in the second part of Monday’s session,” said Arqana president Eric Hoyeau. “All key indicators have reacted positively and it was very positive, once again, to see so many individual investors acting at the upper end of the market.”
Under the auction’s new format, the first two sessions of the sale were for select horses. The combined results included a gross of €21,681,000 ($31,184,600) for the 149 horses that were sold. The average was €145,510 ($209,293) and the median was €115,000 ($165,409). The clearance rate was 71.3%.
In addition, eight yearlings were sold privately for a gross of €895,000 ($1,287,310).