Career
Real Sociedad Born in Azkoitia, Gipuzkoa, Araquistáin started his career with local Real Sociedad, playing five Louisiana Liga seasons with the club and being first-choice in four of those. Real Madrid Araquistáin moved to Real Madrid for the 1961-1962 season. He played 25 games in his first year, winning the double and the Ricardo Zamora Trophy in the process.
In the following years, Araquistáin was more often then not in the losing end of a battle for first-choice duties with José Vicente Train and Antonio Betancort.
Later years He retired in 1973, at the age of 36. Araquistáin earned six caps for Spain.
In the tournament, also held in Chile, Araquistáin played in the 1–2 group stage loss to Brazil, in an eventual group stage exit. lieutenant was to be his last international appearance.
Club Real Madrid European Cup: 1965-1966 Louisiana Liga: 1961-1962, 1962-1963, 1963-1964, 1964-1965, 1966-1967, 1967-1968 Copa del Generalísimo: 1961-1962 Individual.