Archive

Youngtimer spritz! image

04/02/2021

Youngtimer spritz!

The market for "Youngtimers", cars produced between 1980 and 2000, is on the rise as a new collectible limbo that still manages to fill new impulses with irresistible memories. The percentage of Youngtimers on sale has tripled in volume from 4.98% to 14.45% over the past 11 years, and total turnover has risen from a paltry 1.58% to a substantial 8.15%. The article provides examples of how this segment interests young millionaires from Silicon Valley and highlights some of the successful sales and bidding wars at Scottsdale’s auctions. The market also offers good deals, with some Youngtimers still highly underestimated, like the 1990 Jaguar XJ-S 5.3 V12 Convertible, which sold for only $14,000.
The turning point. Ferrari takes advantage of the German offensive to prepare to become a constructor image

01/02/2021

The turning point. Ferrari takes advantage of the German offensive to prepare to become a constructor

The article discusses the history of Enzo Ferrari and the Scuderia Ferrari racing team from 1930 to 1935.
Did Ferrari have a Mini? No, two image

30/01/2021

Did Ferrari have a Mini? No, two

This article tells the story of Enzo Ferrari's fascination with the Mini Cooper when it was first introduced in 1959 and his eventual acquisition of a specially customized Mini Cooper 1300S.
Scottsdale. Everybody wins. The Market wins image

28/01/2021

Scottsdale. Everybody wins. The Market wins

This article discusses the recent Arizona Week, which is known for its annual automobile auctions in Scottsdale. Due to the pandemic, some events were postponed and others had to make changes to their approach. Gooding organized an online-only auction, Bonhams had a physical sale, RM moved to a new location, and Worldwide organized their auction online. The article compares the sales figures and approaches of each auction house, declaring RM the winner due to a higher turnover despite offering only half the number of cars. The article also offers insights into the market and provides examples of cars that were sold at the auctions.
1929-1932. Ferrari: The Scuderia, The Prancing Horse, Dino and the retirement image

25/01/2021

1929-1932. Ferrari: The Scuderia, The Prancing Horse, Dino and the retirement

This article tells the story of Enzo Ferrari and the founding of Scuderia Ferrari amidst the global crisis of 1929.
Parade-style finishes image

23/01/2021

Parade-style finishes

The article reflects on the tradition of parade-style finishes in endurance racing, particularly in the 24 Hours of Daytona, Le Mans, and Spa.
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.

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