Archive
14/12/2022
RM Miami: Youngtimer Bonanza
RM Sotheby's recent auction held in Miami witnessed the shift of the price hierarchy, with Youngtimer cars surpassing the prices of established models from an older era. Of the 58 lots on offer, only one went unsold (98.27%), and the pre-sale estimate of $37,965,000 (€35,994,615) was pulverized by the final takings of $39,512,700 (€37,461,990): 104.7% of the original offer value. Youngtimer cars gained considerable interest at this event, with three Mercedes-Benz lots being sold in full RADWood style. The 1987 Mercedes-Benz 560SEC AMG 6.0 Wide body was sold for $720,000 (€682,630), and the 1989 Mercedes-Benz 560SEL AMG 6.0 sedan was sold for $257,600 (€244,230).
08/12/2022
Historics. The Queen is not enough
The article discusses the recent Historics auction in Brooklands, England, and the factors that affect auction results. The article analyzes the percentage of cars sold and the average price per car, along with the impact of the offer mix and reactivity of the room. The article also highlights the unsold top lots with high asking prices, including three local cars produced in the heyday of British motoring. The article notes that some cars sold below their pre-sale estimates, while some others, including a 1973 BMW 2002 TII and a 1988 Ferrari Mondial 3.2 Cabriolet, sold well. Overall, the article offers a detailed analysis of the auction results and provides insights into the current state of the classic car market.
03/12/2022
Forgotten Legends Leyton House
This article tells the story of Leyton House, a Japanese brand that made its mark in the motorsports world by sponsoring drivers and eventually becoming a Formula 1 manufacturer.
01/12/2022
RM Munich. Crazy offers
RM Auctions in Germany, held in Munich on November 26, 2022, set a new record with the sale of 30 cars, 27 of which were BMWs, two Minis, and a Rolls-Royce, all from the same collection, and all without reserve. The auction was divided into two parts, with the second part seeing a total sale of €7,604,425 ($7,890,500), equivalent to 181.70%. The top lot of the day was a 1991 Ferrari F40, which sold for €2,311,250 ($2,404,950). The auction also saw the sale of a 1989 Ferrari 328 GTS, which sold for €184,000 ($191,450), a record for a physical auction, and a 1969 Ferrari Dino 206 GT, once belonging to Alain de Cadenet, which sold for €303,125 ($315,415).
26/11/2022
Forgotten Legends Ferrari ‘Spazzaneve’
The article discusses the story of Ferrari's experimental design center, which played a pivotal role in the creation of the Ferrari 312 B3 'Spazzaneve,' a car that was never raced but provided a new design concept for single-seater racing cars.
24/11/2022
Silverstone Auction: Youngtimer Festival
The Silverstone auction sets a new world record for the most significant number of youngtimers sold in the UK. The auction house offered 168 cars, of which 73.21% sold, making £7,025,788 (€8,097,300) in total. The highest sale was a 1988 Ford RS200 Group B that had only 7,794 miles on the clock, selling for £292,500 (€337,100). A never-registered 1989 Jaguar XJ-S 5.3 V12 Convertible sold for £131,625 (€151,700), setting a new world record. The auction also included two 2000 Mitsubishi Lancer Evo VI Tommi Mäkinen Editions, one in black and the other in the Ralliart livery, selling for £28,125 (€32,415) and £110,250 (€127,065), respectively. The auction house also sold a series of Ford Focus super-sports, including a Mk1 RS with only 21 miles, which sold for £74,833 (€86,245).
19/11/2022
Forgotten Legends A dream called turbine
This article explores the history and challenges of using turbine engines in land vehicles, particularly cars. While the aeronautical industry found success with using turbines for propulsion in planes.
17/11/2022
ACA. Little money, lots of great deals
This article discusses the results of a two-day ACA auction held in November, with a focus on affordable cars that were sold on the first day of the event. The auction offered 239 cars, 68 of which had no reserve, with a total pre-sale estimate of £1,722,850. The article highlights some of the most interesting sales, including a 2000 TVR Griffith, a 1974 Jensen Interceptor S3, a 1975 Rover P6 3500, a 1968 Maserati Quattroporte, and a 1990 BMW E30 325i Touring. The article concludes that the auction confirms the lively market for affordable classic cars.
12/11/2022
Forgotten Legends Tecno
The Italian brothers Gianfranco and Luciano Pederzani combined their passion and curiosity to create the successful racing brand, Tecno.
10/11/2022