Vedevani sets new record for Arqana online sale

Vedevani sets new record for Arqana online sale
By Zoe Vicarage 6:09PM 7 OCT 2016

VEDEVANI set a new record for Arqana's online auction facility when selling to the Chantilly Bloodstock Agency on behalf of Khalifa Al Kuwari for €800,000.

Offered by his owner-breeder the Aga Khan, the three-year-old son of Dubawi had won one race for Alain De Royer-Dupre and was last seen running in the Prix de l'Arc de Triomphe on Sunday when he set the pace for Harzand.

Vedevani attracted 47 bids from eight individual buyers and extra time, which guaranteed all bidders 20 minutes to place a bid, was activated 23 times before the sale finished an hour and a half later than planned.

Arqana president Eric Hoyeau said: "My deepest thanks go to all the professionals who registered and had a go at this sale of a new kind, particularly the underbidders from Qatar and Scandinavia who showed a lot of stamina.

"This is a most satisfactory achievement for Arqanaonline, a ground-breaking venture in which we have invested a lot of time and effort.

"Creativity is in Arqana's DNA and it is very rewarding to see an innovation be fully endorsed by our clients."

    Read More at Racing Post Bloodstock

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