Alexis Renault will work closely with Bernard Salvat through 2016, then replace Salvat when he retires in 2017.
French auction company Arqana posted records in total sales and average price for its 2015 sales.
The fourth session of the Arqana breeding stock sale in Deauville, France, Dec. 8 posted a gain of 36% in gross over a year ago as the 2015 auction closed with figures down slightly from the 2014 edition.
Arqana reported record returns of its annual breeze-up auction May 9 at Saint-Cloud, where sales were led by an Oasis Dream colt who sold to Sheikh Joann's Al Shaqab Racing for €600,000 (US$672,283).
Young stallion Montmartre was the star on the final day of the Arqana Deauville breeding stock sale Dec. 9 before the auction closed its four-day run with record results.
There was spirited bidding Dec. 6 for U.S. grade I winner Alterite, who topped sales on opening day of the Arqana Deauville breeding stock sale at 1.1 million euros (US$1,351,459).
There are 365 horses cataloged for the Arqana August yearling sale, which is set for Aug. 16-18 in Deauville.
Sustained demand in all segments of the market was the hallmark of the Arqana breeding stock sale, Europe's final major auction of 2013, which ended its four-day stand Dec. 10 with record figures for the second straight year.
Darysina, a Kentucky-bred daughter of Smart Strike, sold Dec. 7 for $1,096,446, the highest price on opening day of the Arqana breeding stock sale.
A filly from the first crop of European champion and classic winner Makfi sold for the highest price of 210,000 ($280,166 in U.S. funds) on the third day of the Arqana Deauville August yearling sale Aug. 19.
Boosted by demand for 2-year-olds in training and a healthy National Hunt market, the Arqana summer sale closed July 4 with a record in total receipts.
The catalog for the Deauville August yearling sale conducted by Arqana Aug. 17-19 is now available online at the French sales company's website.
The record price for a horse at the Arqana breeze-up sale was toppled at Saint-Cloud May 11 when a 2-year-old colt by 2009 European Horse of the Year Sea The Stars sold for 520,000 (US$675,196).
Rich purses in France and few syndicates provide a golden opportunity for the Deauville-based auction house.
The Arqana breeding stock sale concluded Dec. 11 in Deauville with a new benchmark in overall total receipts for the four-day auction that was bolstered by strong numbers at the top end of the market.
Mutin, who is undefeated in two races, brought the top price of €700,000 ($912,548 in U.S. funds) during Arqana's Arc sale at Saint-Cloud in France Oct. 6.
The Arqana Deauville yearling sale ended its four-session run in France Aug. 21 with a 2.2% increase in average price from a year ago. The gross revenue declined 9.6% and the median price remained the same.
The Arqana breeding stock sale in Deauville, France concluded Dec. 6 with final figures in line with the same sale a year ago, as the gross and median declined and the average price rose slightly.
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.
Arqana's Deauville October yearling sale ended its four-day run in France with a downturn of less than 1% in average price. The gross dropped 3.2% and the median declined 4.8%.
Part 1 of Arqana's Deauville October yearling sale, which consisted of two sessions, turned in a steady performance. At its conclusion Oct. 18, the average price was up 1.7% while the median price was the same as in 2010.
The 2011 Arqana August yearling sale in Deauville bounced back in style during its four-session run following a below-par 2010 renewal.
A More Than Ready colt brought 58,000 euros ($77,319 in U.S. funds) to top Arqana's December yearling sale, which suffered a downturn of 19.6% in gross revenue from a year ago.
Arqana's Deauville breeding stock sale ended its four-day run Dec. 7 in France with increases from 2009 of 23.5% in gross revenue to â‚¬16,314,000 ($21,743,000 in U.S. funds) and 10.6% in average price to â‚¬28,722 ($38,347).
The inaugural day of four-day Arqana Breeding Stock sale at Deauville, France, produced a 25% increase in gross beside the jump in average price.
Arqana's Deauville October yearling sale closed out its four-day run Oct. 21 in France with increases of 21.3% in gross revenue, 8.1% in average price, and 16.7% in median price from 2009.
The average price falls 17.2%, but the median is down only 2.8% for the auction, which ended its four-session run in France Aug. 16.
The average price declines 7% from a year ago during the auction's third session.
The average price increases 1% from a year ago, but the gross declines with fewer horses offered.
The average price for the 60 horses that sold declined 26%. The median fell 16%.
Arqana's Deauville August yearling sale finished its four-day run with a 3.4% increase in its average price and a 7.1% upswing in its median price from 2008. The gross revenue fell 1.5% while the clearance rate declined from 76.8% last year to 74.7%.
Sheikh Mohammed's bloodstock manager, John Ferugson, who was the biggest spender at the recent Fasig-Tipton Saratoga select yearling auction, was busy again Aug. 14 during the opening session of the Arqana's Deauville August yearling sale in France. He bought the session-topping Storm Cat colt for 900,000 Euros ($1,282,860 in U.S. funds) from Etreham.
A Dubawi colt, which is a member of his sire's first crop, set a sale record when he brought 280,000 euros (approximately $376,538) May 9 during the upbeat Arqana breeze-up auction at Saint-Cloud racecourse in France. Paul Nataf, acting on behalf of his longtime client GÃƒÂ©rard Laboureau, purchased the colt from Willie Browne's Mocklershill operation.
Sarissa, a 12-year-old Diesis - Wonderous Minstrel mare, brought the top price of 32,000 euros (approximately $40,489 in U.S. funds) during the Arqana February mixed sale at Deauville in France. French agent Abeth Mussat purchased her from Haras d'Etreham. Sarissa, who is in foal to Dylan Thomas, has produced two winners in Japan, Rock of Sarissa (by Rock of Gibraltar) and Loulan Reverse (by Montjeu).
The Arquana October Yearling sale had strong support from French buyers but still experienced across-the-board declines for key statistics.
- By Mark Popham
The fourth and last day of Arqana's Breeding Stock Sale in Deauville, France, on Dec. 11, saw gross sales reach 17,595,000 euros ($25,814,680), marginally up on the 17,452,000 euros ($25,604,876) in 2006. Because more mares and fillies were offered, the average slipped 7% to 33,198 euros ($48,707).
L'Agence Francaise -- the company operating Deauville sales -- and rival Goffs France have joined forces in a new venture backed by the Aga Khan.
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