Arqana's revamped autumn sale ended its two-day run Nov. 15 in Deauville, France with a session of yearlings. The session replaced the December yearling sale, which had followed the company's breeding stock auction.
The Arqana autumn sale enjoyed upswings of 15.1% in gross revenue and 7.5% in average price Nov. 16 in France. Najaf, a 4-year-old son of Lost World brought the top price of €250,000 ($374,060 in U.S. funds) from Highflyer Bloodstock.
The market was upbeat at Arqana's autumn sale of horses in training at Saint-Cloud in France Nov. 17. The average price for the one-day auction (down from two in 2007) of 20,688 euros was almost the same as last year's 20,959-euro average. The 93 horses sold grossed 1,924,000 euros, which was down 6.3% from last year's total of 2,054,000 euros for 98 horses.
Just as at its three yearling sales in October, Tattersalls Autumn Horses In Training Sale--effectively the world's biggest exchange of used horses--posted a complete set of record figures in Newmarket from Oct. 27-30.
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