Archive

Mecum auction. A spark of enthusiasm image

21/01/2021

Mecum auction. A spark of enthusiasm

The Mecum auction in Florida recently saw an impressive $110 million in sales from cars alone, surpassing the $100 million threshold for the first time in the last 12 months. This sharp increase of 16.7% from last year's sales is even more significant considering that 25% fewer cars were on offer. The sales percentages also rose from 68.39% last year to 82.63% in 2021. The article suggests that the auction's success can be attributed to the decision to move other auctions to the spring, the positive psychological effect of the vaccine news, and the physical nature of the auction with proper distancing and sanitization. The article highlights some of the most significant sales, including a 1965 Shelby Cobra 427 chassis sold for $5,940,000, a 1970 Plymouth Cuda Convertible sold for $237,250, a 1971 Plymouth Cuda Convertible sold for $962,500, and a 2000 Honda S2000 Convertible sold for $30,800. Finally, the article suggests that the market pandemic may be coming to an end, as evidenced by the rising prices of historic motoring icons like the Mercedes-Benz 300SL Roadster.
Enzo Ferrari: the true story. Driver? Not enough image

18/01/2021

Enzo Ferrari: the true story. Driver? Not enough

The article discusses Enzo Ferrari's bond with Alfa Romeo, his retirement from racing, and the subsequent creation of Scuderia Ferrari.
Is that really him? image

16/01/2021

Is that really him?

The article explores the cars driven by some of the most influential figures in the car world, including Henry Ford, Enzo Ferrari, Ferdinand Porsche, Ettore Bugatti, Ferruccio Lamborghini, Giovanni (Gianni) Agnelli, Horacio Pagani, and Gordon Murray.
Why and how does the market change? image

14/01/2021

Why and how does the market change?

The article discusses a price analysis of three popular car models sold at both online and traditional auctions and how the prices tend to align between the two types of auctions. The study also examines the distribution of brands between in-person and online auctions, with some brands being more prevalent in online auctions, while others are more commonly found in traditional auctions. The article suggests that physical auctions should focus on offering special or rare vehicles to generate competition and drive up prices, while online auctions provide a broad range of cars and lower costs for buyers and sellers. The article concludes by suggesting that buying a youngtimer from a famous brand is a smart choice online, but the excitement of physical auctions cannot be replicated.
Enzo the driver: determination and destiny image

11/01/2021

Enzo the driver: determination and destiny

The article explores the early life and racing career of Enzo Ferrari, the founder of the iconic Ferrari car brand.
eSports and Formula1 image

09/01/2021

eSports and Formula1

The CEO of Liberty Media, the American company that organizes the Formula 1 World Championship, sees esports as a powerful driver of the sport's success among young people.
Auctions. How to buy? How to sell? image

07/01/2021

Auctions. How to buy? How to sell?

The article discusses the impact of large international auction houses entering the online auction market for cars, using examples of two stalls at a market. The author compares the advantages and disadvantages of selling cars through online auctions run by Bring a Trailer and larger auction houses like Bonhams and RM. The article presents data on the success rates and values of cars sold through different types of auctions in the United States, Europe, and Great Britain. The author promises to analyze the 2021 auctions from this perspective and follow how the different auction systems evolve.
How legends are built: the true story of Enzo Ferrari image

04/01/2021

How legends are built: the true story of Enzo Ferrari

This article provides a detailed account of the life of Enzo Ferrari and his journey from being a racing driver to the founder of one of the most iconic car brands in history.
Happy New Year? Happy New Year! image

02/01/2021

Happy New Year? Happy New Year!

The article reflects on the challenges faced in 2020 and expresses gratitude for the support received. The focus for the coming year will be on providing high-quality content and insights for car enthusiasts.
2020 Auctions. A year that teaches. A lot. image

29/12/2020

2020 Auctions. A year that teaches. A lot.

The article discusses some of the most notable events and achievements in the classic car auction world in 2020. The article begins by highlighting the successful sale of the Alfa Romeo BAT cars at the Sotheby's Contemporary Art Evening Sale in New York, which marked a significant step in the integration of cars into the art world. The article goes on to discuss the dominance of pre-war Bugatti cars in the market and the increasing interest of giants in online auctions of historic cars, with Bring a Trailer being acquired by the Automobile division of Hearst. The article also highlights the importance of physical sales for large private collections and the increasing digitization of the classic car auction world. The article concludes by discussing some of the year's auction flops and the need to learn from mistakes in the industry.