Losses Moderate at Arqana Yearling Sale

The Arqana December yearling sale in Deauville, France, enjoyed a victory of sorts when it suffered moderate losses in gross revenue and average price instead of experiencing the huge setbacks that have plagued many other recent auctions. The gross was down 12.3% from a year ago, and the average fell 10.7%. However, the median price dropped 33.3% Dec. 9.

A Linamix colt set a record for the December sale with his 180,000-euro price (approximately $230,954). Jean-Pierre Deroubaix’s F.B.A. purchased the gray or roan colt from Haras de la Perelle. According to Arqana, F.B.A. was acting on behalf of a Mongolian owner identified as “Mr. Ganbat, executive director of the Mongolian Racing Association.” The colt will remain in France for training.

The record-setting yearling is the first foal produced from the 7-year-old winning Danzero mare Djenanne.

In all, 165 horses (from 262 offered) were sold. They grossed 1,248,000 euros ($1,601,284) and averaged 7,564 euros ($9,705). The median was 4,000 euros ($5,132). Last year, the 168 horses sold grossed 1,423,000 euros and averaged 8,470 euros. The median was 6,000 euros.

This year, 10 horses were sold privately, grossing 104,500 euros ($134,082). In 2007, the seven horses sold privately grossed 50,500 euros.