Market Intelligence
Las Vegas: RM like Verstappen
In Las Vegas, RM Sotheby's auction revved up with a $67.6 million collection, led by the record-breaking sale of a 2013 Mercedes-AMG F1 car. With James Corden hosting, 78% of the 32 cars went without reserve, creating an electric atmosphere.
__Cliff Goodall’s view__
In Las Vegas, the RM Sotheby’s auction was as dazzling as the Formula 1 Grand Prix itself. James Corden, the celebrated host of his namesake late-night show and an award-winning actor, lent his charisma to the event. The cars, though limited to just 32, represented an immense collective value of $67,600,000, equivalent to $2,112,500 per car. A noteworthy aspect of this high-calibre auction was that 78% of the cars, each valued below $2.5 million, were offered without reserve, adding a thrilling unpredictability to the proceedings.
__RM Sotheby’s Las Vegas, 17th November 2023__
