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By Andrew Nabors –  September 04, 2019

RM Sotheby's Auburn Fall: Top 10 Sales

Our friends at RM Sotheby's have a keen eye for procuring pristine automobiles. Auburn Park, Indiana is a perfect spot, as it is home to the Auburn Cord Duesenberg Museum. Their lots included muscle cars, exotics, and many examples of pre-war American icons. The most significant cars were from the Ed Meurer Collection. Located in Detroit, his garages were full of over 90 classics and 250 examples of memorabilia. This included neon signs, gas pumps, and a truckload of new-old-stock car parts. Almost all items sold without reserve for almost $4 Million. Top sales of the event were capped by two 2005 Ford GTs, and the total sales for the auction were $16,664,242 thanks to a 90% sell-thru rate. 10. 2012 McLaren MP4-12C GT3 Sold For $145,000 9. 1953 Chevrolet Corvette Sold For $148,500 8. 1971 Plymouth ‘Cuda Convertible Sold For $150,000 7. 1935 Packard Twelve Convertible Sedan by Rollston Sold For $160,000 6. 1923 Duesenberg Model A Sport Touring Sold For $187,000 5. 1931 Cadillac V-12 Phaeton Sold For $192,500 4. 1933 Chrysler CL Imperial Dual-Windshield Phaeton Sold For $192,500 3. 1970 DeTomaso Mangusta by Ghia Sold For $214,500 2. 2005 Ford GT Sold For $291,500 1. 2005 Ford GT Sold For $302,500      Tell us which car you would bid your bank account on in the comments below, and stay with us for all your RM Sotheby's coverage Browse Luxury Cars For Sale " width="680">

1956-Ferrari-290-MM-by-Scaglietti_1

By Andrew Nabors –  December 12, 2018

RM Sotheby's Petersen Museum Auction 2018 Results

If you are looking for a great location for anything automotive, the Petersen Museum should be at the top of your list. With over 100 cars & bikes on display, it was the setting for RM Sotheby's auction last weekend.  The results are in, and we see a few new trends in the industry.  10th Place- 1965 Lamborghini 350 GT $555,000 9th Place- 2018 Aston Martin Vanquish Zagato Villa d'Este $637,000 David Bush ©2018 Courtesy of RM Sotheby's 8th Place- 2005 Porsche Carrera GT $775,000 Karissa Hosek ©2018 Courtesy of RM Sotheby's 7th Place- 1972 Ferrari 365 GTB/4 Daytona Berlinetta $775,000 ©2018 Courtesy of RM Sotheby's 6th Place- 1955 Mercedes-Benz 300SL Gullwing $1,270,000 Darin Schnabel ©2018 Courtesy of RM Sotheby's 5th Place- 2015 McLaren P1 $1,435,000 Motorcar Studios ©2018 Courtesy of RM Sotheby's 4th Place- 2018 Porsche 918 Weissach Spyder $1,534,000 3rd Place- 1989 Ferrari F40- $1,545,000 Motorcar Studios ©2018 Courtesy of RM Sotheby's 2nd Place- 1971 Lamborghini Miura P400 SV for $2,205,000   Karissa Hosek ©2018 Courtesy of RM Sotheby's And in 1st place was Lot 24, a Classiche-certified 1956 Ferrari 290 MM. It found a new owner with a hammer price of $22,005,000.  Remi Dargegen ©2018 Courtesy of RM Sotheby's Tell us which cars were over or undervalue. In my humble opinion, spending under a million dollars for a Ferrari Daytona is a deal of a lifetime. A 1971 Lamborghini Miura was $13,000 new which translates to $82,000 adjusted for inflation. What a solid investment that would have been!  Also Check Out: Ferrari 488 Spiders For Sale 2018 Ferrari LaFerrari Aperta Specs, Price, Photos, & Review What Is The Fastest Ferrari?

Sergio Feature

By Andrew Nabors –  April 13, 2018

2015 Ferrari Sergio Heading To RM Monaco

Enzo Ferrari raced cars. That's where he focused his company, building the ultimate race team "Scuderia Ferrari." While he eventually relented to building street legal cars, the program was simply a way to make money to go racing. That's why he entrusted the design and completion of them to Sergio Pininfarina.Aside from a handful of Ferraris built by other shops, Pininfarina styled every car up to the 458 Speciale. His son Andrea passed away in 2008, and Sergio followed him in 2012. These coachbuilding masters were among the last of their generation. Laws regarding the impact and the quest for aerodynamics have nearly killed the 3rd-party designers. But Ferrari knew they owed the old man for a lifetime of building their beautiful cars, so they built 6 examples of the Ferrari Sergio, which are loosely based on the 458 Spider.Our friends at RM Sotheby's like to offer the rarest cars ever made, so the Sergio will be a primetime lot at the Monaco auction. Owned by a Swiss collector, it has only accrued 200km since new. It will find a new owner in Monaco on May12th, so click on the link below to register, and stay with us for more rare Ferraris.View Details

RM Amelia

By Andrew Nabors –  March 13, 2018

RM Sotheby’s Announces Porsche 70th Anniversary Sale

It has been seven decades since Dr. Porsche built 48 cars by hand in Gmünd, Austria. The first examples of the Porsche 356 were based on his father's Volkswagen designs, for which he was imprisoned in France for supporting the German war effort. Dealers were enamored with the nimble sports car, and they quickly signed up to sell Porsches. These agreements allowed the son to get his father out of France, and the rest is history.RM Auctions Returns to Fort LauderdaleTo celebrate 70 years of Porsche, RM Sotheby's has announced a unique opportunity. The Porsche 70th Anniversary Sale will feature 70 of the world's most sought-after Porsches. Their press release says it will take place on the weekend of October 27th, so get ready for southern hospitality. We were awed by their Amelia Island sale, which featured 11 pristine 964 series 911 cars, all from the same collection. Only a few hours north, this unprecedented event will take place in Atlanta, at the Porsche Experience Center. The home of Porsche Cars North America, this revolutionary facility is a must-see for any automotive enthusiast. Located at One Porsche Drive, it is home to a world-class 1.6-mile race track along with the best in cuisine from Restaurant 356.Vice President of Marketing Andre Oosthuizen said: “We are excited to open our doors to RM Sotheby’s exclusive Porsche only sale this coming October. Even before the full concept of our first Porsche Experience Center in North America saw the light of day, we realized the tremendous opportunities a facility like this would attract. In fact, in the three short years since our Grand Opening, we’ve hosted multiple major movie productions, have seen 115,000 enthusiasts come through our doors, opened the Porsche Classic Center, and created rotating displays in our Heritage Gallery. Our Porsche Experience Centers are a natural location for a classic automotive auction of this magnitude and we look forward to working closely with RM Sotheby's to ensure they and their guests have a successful weekend at our home in Atlanta."It is a straight shot on Interstate 75 so we will be there covering the event for you. If you would like to learn more, please click the link below and stay with us for all your Porsche news.Learn More

Senna Feature

By Andrew Nabors –  January 24, 2018

Ayrton Senna's 1993 McLaren Heading To Bonhams Monaco

It has been a quarter-century since the 1993 Monaco Grand Prix. First place went to none other than Ayrton Senna, and his winning ride is heading to auction. Bonhams found the car in pristine condition, and this McLaren MP4/A8 is ready to race. Powered by Ford's Cosworth V8, it made Renault's V10 look like a Yugo. Chassis #6 was raced in 8 races in 1993, making use of active suspension technology found under every McLaren Super Series of today. Learn Everything About the New McLaren Senna It was his 6th Monaco win, which broke Graham Hill's record from 1969. Other notable finishes for this car are 4th at Magny-Cours, Hockenheim, and Spa. He was in 3rd place at Silverstone and ran out of gas, which resulted in 5th place. It was these McLarens that unseated Ferrari on the world stage. His grace behind the wheel and charisma in front of the fans will never be equaled. He left us far too soon, but his memory will live on in machines like these. Our only wish is for the winning bidder to fire it up every once in awhile. To see the car before the auction, it will be on display at the Grand Palais in Paris from February 6th to 8th. If you need more McLarens in your life, Bonhams Monaco Auction will take place May 11th, so click the link below for all the details and tell us your favorite Senna story below. View Details

Feature Ford GT

By Andrew Nabors –  January 23, 2018

2017 Ford GT Sells For $2.5 Million At Barrett-Jackson

In order to get a feel for the value of exotic and collectible cars, Barrett-Jackson's Scottsdale Auction sets the pace. As one of the most anticipated cars in recent history, the latest Ford GT has made news for a few reasons. The first is that it uses a twin-turbo V6 instead of a traditional V8. The second source of intrigue is a contract between Ford and their customers.First 2019 Mustang Bullitt Sells Big for CharityIn order to cut out investors looking to make a quick buck by flipping their new car, Ford has first right of refusal. Those who have not heeded this warning have been targeted by Dearborn's legal department. But of course, this doesn't apply to charity. Our friend Ron Pratte is an avid collector of all things automotive, and he chose to donate his 2017 GT last weekend in Scottsdale. Car #23 was ordered in Liquid Blue with a black interior.With only 11 miles on the odometer, it rolled onto the block to benefit the Evernham Family's Racing For A Reason Foundation. They are donating 100% the proceeds to Autism Society of North Carolina, who's IGNITE program helps educate young adults with Autism or Asperger's syndrome. This noble cause launched a frenzy of bidding, with the hammer dropping at $2.5 Million. Kudos to Craig Jackson, Steve Davis, Ron Pratte & Ray Evernham for making this happen. This is the first auction of a 3rd Generation Ford GT, and it looks like they will be just as prolific as their predecessors. Tell us what you would pay to have one in your collection and stay with us for all your auction news.Video of the Auction

DBr1 Feature

By Andrew Nabors –  August 21, 2017

Aston Martin DBR1 Breaks Records At Monterey

Race cars are sometimes tricky to sell. Owning and driving them requires mechanical aptitude and patience, traits that some collectors are not willing to endure. But if production was limited to only 5 cars, it completely changes the situation.David Brown bought Aston Martin in 1947, and his line of high-performance luxury cars was named with his initials. One of his famous racers, the DB3S was based on a street-legal car, as per regulations at the time. But a change to the rulebook for 1956 allowed for competitors to build race-only cars. The DBR1 was the first Aston Martin specifically built as a race car. Only five cars were produced, and they brought home numerous wins. The prototype was this car "DBR1/1", and it won the 1,000 km of Nürburgring in 1959. After a complete restoration, it has also become the most expensive British car ever sold. At RM Sotheby's Monterey auction, it hammered for $22,550,000. From the light alloy body to a futuristic 5-speed transaxle, this car was built to dominate. RM Sotheby's had very strict criteria on bidders, who required vetting and a background check. They also chose to showcase it on the world's greatest car website, so that prospective buyer could see all the details. We're glad we could help it find a new home, and congratulations to RM Sothebys on a successful weekend. Stay with us for a breakdown of Monterey highlights and more Aston Martin news.

RM Sothebys Ferrari Feature

By Andrew Nabors –  July 17, 2017

RM Sotheby’s to Auction 13 Iconic Ferraris At Monterey

The year seems to be flying by because it feels like we just left Monterey Car Week 2016. With news of this year's highlights beginning to trickle in, RM Sotheby's announcement outshines all the others. A press release over the weekend outlines 13 classic and contemporary Ferraris that will highlight their event. These lucky 13 cars have been dubbed the Ferrari Performance Collection. All cars are low-mileage examples from the collection of a single owner. They represent over 50 years of racing-inspired automobiles, these are among the most coveted street-legal cars in existence. Ten cars are selling without reserve so the results will be used to gauge the pulse of our hobby. Here Is The Lineup: 1961 Ferrari 250 GT SWB Berlinetta – Est. $8,500,000 – $10,000,000 1967 Ferrari 275 GTB/4 Berlinetta by Scaglietti – Est. $2,750,000 – $3,250,000 1969 Ferrari Dino 206 GT – Est. $650,000 – $750,000 Cars without any reserve: 1991 Ferrari F40 – Est. $1,300,000 – $1,500,000 2011 Ferrari 599 GTO – Est. $700,000 – $800,000 1984 Ferrari 512 BBi – Est. $375,000 – $450,000 2005 Ferrari 575 Superamerica – Est. $375,000 – $450,000 2009 Ferrari 16M Scuderia Spider – Est. $350,000 – $400,000 1984 Ferrari 512 BBi – Est. $275,000 – $325,000 2004 Ferrari 360 Challenge Stradale – Est. $275,000 – $325,000 2009 Ferrari 430 Scuderia – Est. $250,000 – $300,000 1976 Ferrari 308 GTB ‘Vetroresina’ – Est. $175,000 – $225,000 1989 Ferrari 328 GTS – Est. $90,000 – $120,000 Of all those ten, the most shocking is a two-owner 1991 Ferrari F40. Chassis 87895 is one of 213 US-spec cars. It comes with luggage, tools and the original invoice. Following close behind is a 2011 Ferrari 599 GTO with only 481 miles. Instead of a race inspired street car, the GTO was actually a detuned 599XX. On the more affordable end of the spectrum, a 1989 Ferrari 328 GTS and a 2004 Ferrari 360 Challenge Stradale are among the cleanest examples on the market. The trio of headliners will have reserve prices because to make sure they find a proper home, and you might be surprised to find a Dino making the list. Steel bodied cars were prone to rust, but the aluminum examples have become greatly sought after. Next up will be a 1967 Ferrari 275 GTB/4 with certification by Ferrari Classiche. The headliner of the event will be a 1961 Ferrari 250 GT SWB Berlinetta. It is among the last production cars to be eligible for endurance racing. It could bring upwards of ten million dollars so we will be there with live coverage via our Facebook page. Of course, we will be attending other events of the weekend, so stay with us for all your Monterey coverage.

Ford GT Prototype

By Andrew Nabors –  August 29, 2016

Top 10 Sales from Russo & Steele Monterey 2016

With an event that has outgrown the Monterey waterfront, Russo & Steele have set new records for collector car prices. What started as an open air event at the Fisherman's Wharf parking lot has evolved into a must-see event of the weekend. Under tents that would leave PT Barnum speechless, they brought together 250 of the world's most sought after automobiles,  We told you what to expect a few weeks ago, but now the final numbers are in. Here are the most notable sales of the event: 1955 Mercedes-Benz 300 SL With only 17,443 miles, the only restoration needed was new chrome plating on the bumpers. Numbers matching examples of these cars are becoming very hard to find, which is why it was able to bring $1,050,105. 2004 Ford GT Prototype As the final validation of their engineering efforts, Ford's design team and assembly workers signed the underside of the hood of this significant car. Built as the final prototype, it was the last pre-production Ford GT built before official production began. It was used to validate the assembly line techniques and to ensure the electrical system could perform as a daily driver. Most GTs have been well cared for in climate controlled garages, but Ford's SVT division racked up almost 50,000 miles in testing. It sold for $836,000. 1993 Jaguar XJ220 Supercars of the 90's are intimidating because they delivered incredible power with none of the modern stability systems we're accustomed to. The XJ220 is just such an example. With a twin turbo 3.5L V6, it offers 540 hp and 476 lb-ft of torque at all wheels. As such, the owner only amassed 871 kilometers (541 miles) since new. Capable of running with the fastest cars in the world, it sold for $435,000 2014 Mercedes-AMG SLS Black Series When AMG is given free reign to design the ultimate GT car, their menacing builds are known as the Black Series. In the quest for aerodynamic dominance, the track focused SLS AMG GT trades civility for downforce with carbon fiber spoilers. Since the new AMG GT models are based on the 4.0L twin turbo engine, the SLS might be the last big 6.3L naturally aspirated model. $418,000 2009 Ferrari 16M Built to celebrate Ferrari's 16th victory as a Formula1 constructor, the 16M is more than just a fancy F430. Only 499 cars were built, and they are as close to a street-legal race car as you will get. The interior is all carbon fiber and the exhaust is unrestricted. Capable of reaching 62 mph in 3.7 seconds, it stands as one of the most significant production cars in recent history. $355,000 1970 Ferrari 365 GT 2+2 The first production Ferrari with power steering and power brakes, the 365 was a more practical cruiser than its predecessors. Instead of a rear mounted transaxle, the 365 placed the transmission behind the engine in a conventional layout. This allowed for ample trunk space and room for rear passengers. Originally owned by a famous Hollywood producer, it sold for $346,500 1988 Lamborghini Countach 5000 QV The car that brought Lamborghini into the modern era, this Countach was ordered with every option. The first Countach to offer 4 valves per cylinder, the new 5.1L version of their venerable V12 did away with carburetors in favor of Bosch fuel injection. With only 18,469 miles, it is a time capsule of 80's excess. $321,750 1957 Porsche 356 Restored to an exceedingly high standard including the factory-specified color combination, this 1957 356 Speedster is complete with documentation. An outstanding original car from San Diego, California was the foundation used to begin a stunning restoration by Porsche marque specialists in Newport Beach, California. $250,000  2000 Ferrari 550 Maranello For the discerning buyer who needs a manual transmission, this well-preserved example has only 3,781 miles. The stunning & sensuous lines of Pininfarina are combined with a 5.5L V12 in a combination that we might not see again. $194,700 1955 Facel-Vega FV1 As a signal to the world that France was recovering from the war, Facel-Vega combined a Chrysler HEMI V8 with gorgeous coachwork. $181,500.00 Stay with us, as Russo & Steele will be previewing their Scottsdale event in the near future.

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