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yearling sale overview

All change at the top

Adjustments on the buying bench at this year’s major yearling sales with new purchasers from Thailand, the new Godolphin team in place and reductions in spend by Qatari interests Sale Market Share 2015-2017

(Listed by percentage of market share, in $, millions, by JdeM)

2015 Sale Nos sold Aggregate % of market Tattersalls 1 & 2 1,053 201.0m 59.0 Arqana A + O 781 68.0m 20.0 Goffs Orby 371 38.9m 11.0 GoffsUK Premier 410 27.5m 8.0 BBAG Sept 148 7.2m 2.0 Combined 2,763 342m Average price $124,000

2016

S

ignificant changes among the leading buyers and the ongoing depreciation of sterling against the US dollar, the euro, the yen and more or less every other currency made the 2017 yearling sales season very different,writes Jocelyn de Moubray. Since the Brexit vote in 2016 sterling has lost 15 per cent against the US dollar, 20 per cent against the euro, 19 per cent against Japanese yen and, of new significance for the bloodstock world, 22 per cent against the Thai Baht. For major buyers who are calculating in something other than pounds, and nearly all This year’s most expensive yearling:

Sale Nos sold Aggregate % of market Gloam by Galileo sold for 4 million guineas Tattersalls 1 & 2 979 173.0m 54.0 Arqana A + O 830 70.5m 22.0 Goffs Orby 401 48.0m 15.0 GoffsUK Premier 394 22.6m 7.0 BBAG Sept 174 8.9m 2.0 Combined 2,778 323m Average price $116,000

2017 Sale Nos sold Aggregate % of market Tattersalls 1 & 2 962 198.0m 55.0 Arqana A + O 842 76.0m 21.0 Goffs Orby 373 48.0m 13.0 Goffs Premier 376 27.0m 7.5 BBAG Sept 165 9.1m 2.5 Combined 2,718 358m Average price $132,000

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