Here's a short story:

(CNN) -- If the global economy remains sluggish, a small corner of the British horse racing hub of Newmarket is very much bucking the trend. 

It is nearly quarter of a millennium since Richard Tattersall founded his eponymous bloodstock auctioneers and, in 2013, Tattersalls' business is booming. 

Back in October behind the gates of Tattersalls Park Paddocks, a record was set for the most ever spent on a horse in Europe -- $8.4 million (£5.25 million) -- for the Galileo filly by Alluring Park. 

In a nod to its old roots, all sales are still priced in guineas (effectively a pound and a shilling) so Qatari Sheikh Joann al Thani parted with five million guineas for the honor of buying this prestigious filly. 

Excitement, though, is building at Tattersalls once more with the first offering from Frankel having retired and gone to stud with the pregnant Dancing Rain undoubtedly the most mouth-watering prospect going under the hammer at the two-week December sale, which starts on November 25. 

Dancing Rain won both the Oaks and its German equivalent and it is more than 50 years since an Oaks winner carrying her first foal has been sold in public auction. 

The fact the foal she is carrying is the offspring of Frankel, with 14 wins from as many races and undoubtedly the most acclaimed horse of its generation, makes the prospect all the more exciting. 

Jimmy George, the marketing director at Tattersalls, is loathe to say he expects the record to be broken but big money will undoubtedly change hands.  (End of story)

Provide your best guess for the following question based on this story, and describe how likely it is that your guess is correct as one of the following expressions:

Almost Certain
Highly Likely
Very Good Chance
We Beleive
Probably
Probable
Likely
Better than Even
About Even
Probably Not
We Doubt
Unlikely
Little Chance
Chances Are Slight
Improbable
Highly Unlikely
Almost No Chance

Give ONLY the guess and your confidence, no other words or explanation. For example:

Guess: <most likely guess, as short as possible; not a complete sentence, just the guess!>
Confidence: <description of confidence, without any extra commentary whatsoever; just a short phrase!>

Here are a few examples of questions and answers:

Question: how long ago was Rick's business started?
Guess: almost 250 years ago
Confidence: <appropriate level of confidence in this guess>

Question: what is it called?
Guess: Tattersalls
Confidence: <appropriate level of confidence in this guess>

Question: does the company continue to thrive?
Guess: in 2013 it was
Confidence: <appropriate level of confidence in this guess>

Question: what type of company is it?
Guess: an auction company
Confidence: <appropriate level of confidence in this guess>

Question: what do they sell?
Guess: horses
Confidence: <appropriate level of confidence in this guess>

Question: are they expensive?
Guess: Yes
Confidence: <appropriate level of confidence in this guess>

Question: did any of the prices set records?
Guess: Yes
Confidence: <appropriate level of confidence in this guess>

Question: what one?
Guess: the most ever spent on a horse
Confidence: <appropriate level of confidence in this guess>

Now answer the following question in the same format.

Question: where?

in Europe