Observations on the European Racing Scene turns the spotlight on the best European races of the day, highlighting well-pedigreed horses early in their careers, horses of note returning to action and young runners that achieved notable results in the sales ring. Friday's Observations features the joint top-priced colt at the Arqana October Yearling Sale. 15.00 Newbury, Mdn, £12,000, 2yo, 6fT JOUNCY (GB) (Wootton Bassett {GB}) is the seventh foal out of Juddmonte's dual listed winner and multiple group-placed Joyeuse (GB) (Oasis Dream {GB}), a half-sister to the great Frankel (GB)...