Arqana Deauville Bloodstock Sale a Record

Arqana Deauville Bloodstock Sale a Record

Demand was solid throughout the first session of the three-day Autumn Sale, comprising horses in training and stores, with some fierce bidding battles taking place around the best performers, whether on the flat or over jumps. On the back of a record-breaking renewal, figures still managed to show significant gains. 83.8% of the 216 horses on offer sold, up 3 points from 2015, and they grossed €5,327,500, a 7% increase and new landmark for the session. The average price was marginally down at €29,434 (-1%) and the median progressed steadily from €13,500 to €14,000.

Four horses broke the €200,000 mark and a total of 12 sold for six figures, including 4 representatives of the ever more popular AQPS stud-book.

The third and final day of the Autumn Sale, the last of the year dedicated to yearlings, saw a solid rise in the clearance rate, which gained 10 points to reach 82%. 140 youngsters changed hands for a total of €1,115,500, up 18%, and an average price of €7,968 (+2%).

Trade was topped by a son of Siyouni offered by Jean-Pierre and Guillaume Garçon’s Haras de l’Hotellerie (lot 549) who seemed to attract interest from every pinhooker on the sales complex. Philip Prevost-Baratte and Paul Basquin were among those who showed the most stamina but ultimately had to admit defeat at the hands of Italian agent Marco Bozzi, who signed the docket at €90,000 on behalf of Tom Whitehead’s Powerstown Stud. The flashy bay was bred by Antoine Sauty de Chalon and is a half-brother to the Listed scorer and Gr.1 placed COUP DE THÉÂTRE. “Tom rang me up and asked me to buy him a horse for the breeze ups, commented Bozzi. This one was obvious to me, he has everything: a nice page, a good conformation and obviously Siyouni needs no introduction.”

Overall, the Autumn Sale recorded a record turnover for the third consecutive year with 445 horses selling for €8,744,000 (including private sales), a 5% increase on the 2015 figure. This was a result of the growing clearance rate, up to 78% from 74%, and the average price was only marginally down at €19,844 (-2.5%).

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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