Market Intelligence
Ferrari and Silverstone: half and half
The article discusses a recent Ferrari auction held in the UK, which did not meet the expectations of the organizers. Despite the low sales percentage and the absence of unreserved lots, the auction offered high-quality cars with an average price of £162,687. The most expensive car sold was a 2011 Ferrari 599 GTO, and a 1972 Ferrari 365 GTB/4 Daytona once owned by Elton John remained unsold. The article also highlights the sale of a rare right-hand drive Dino 246 GTS, which sold for £388,125 and suggests that rising prices may be seen for this model in the future.
Do you know the most expensive car ever sold at an auction? Yes, a Ferrari 250 GTO. The second one? A Ferrari. And guess the third one? You’re right. Of the 20 most expensive cars ever awarded at auction, 12 are Ferraris.
But many auction houses have tried to organize events dedicated exclusively to the Cavallino, and things have not always worked out for the best. The last one to be held was at Silverstone in the UK in Association with Ferrari Owners' Club of Great Britain, who played on its home turf in Sywell Park, a village in the middle of England during the National Ferrari Owners' Day.
