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RM Sotheby’s Monaco Auction Grossed €31m With Historic F1 Cars And Rare Classics

by Tyler Rampersaud
May 17, 2022
in Auctions
41ec03aa5c5500c3230687ab37bc7afb01a8ce62

Image Source: RM Sotheby's

In the place where one of the world’s most revered Grand Prix races is held, there’s no doubt that an automotive auction would cause quite a stir.

Coinciding with the Grand Prix Historique, RM Sotheby’s held an auction in Monaco, and it was quite the show. In keeping with the Monégasque motorsport theme of the time, the auction featured lots of racing legends within its top ten sales. Two of them were iconic Formula 1 cars owned by Nigel Mansell. This excitement resulted in a record-breaking gross of nearly €31 million, with 9 out of the top 10 sales being over €1 million.

MUST READ: Tim Allen’s 2017 Ford GT Up For Auction

The top two spots belonged to Mansell’s Formula One cars, with €4,055,000 being the price for his 1991 Williams FW14, famous for carrying Ayrton Senna when he ran out of fuel, and his 1989 Ferrari 640 being sold for €3,605,000. An incredible 1973 Ferrari 365 GTS/4 Daytona Spider by Scaglietti was sold for €2,592,500 due to it being one of 16 US examples to have its specific configuration. After that, a €2,480,000 1971 Lamborghini Miura, a €2,030,000 1965 Ferrari 275 GTB by Scaglietti, and another €2,030,000 1958 BMW 507 Roadster Series II followed. Another racing legend, a 1988 Jaguar XJR-9, sold for €1,917,500, followed by a 1969 Alfa Romeo Tipo 33/3 Sports Racer which sold for €1,636,250. A 1973 Porsche 911 Carrera RS 2.7 Lightweight sold for €1,287,500, and rounding out the top 10 was a 1988 Aston Martin V8 Vantage Volante ‘X-Pack,’ which sold for €680,000. With this incredible Monaco auction behind them, RM Sotheby’s looks forward to an incredible sale in Monterey.

Source: RM Sotheby’s


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