Archive

RM Open Roads Fall Auction. Match commentary image

22/11/2020

RM Open Roads Fall Auction. Match commentary

The RM Open Roads Fall Auction failed to meet expectations with only 47.4% of the 76 cars offered sold for just under $4 million. One of the top lots, a 2009 RUF CTR3, went unsold at $740,000, while a 1969 Ferrari 365 GTC sold for $660,000. The 1931 Mercedes-Benz 370S Mannheim Cabriolet, a pre-war car more suited to traditional RM auctions, was also sold for $286,000. The article notes that reserve prices and excessive numbers of auctions may be affecting the market. Additionally, the article provides insights into the Austin-Healey 100M Le Mans model and its differences between dealer and factory conversions. The auction results are seen as a disappointment compared to the 80-90% sales achieved at traditional auctions.
A Stars and Stripes Cobra image

21/11/2020

A Stars and Stripes Cobra

The Shelby Cobra, also known as the Ford Cobra, was an American sports car created by Carroll Shelby in the 1960s to challenge and defeat the dominant European Gran Turismo and sports cars such as Jaguar, Aston Martin, and Ferrari.
Pleasure deals image

20/11/2020

Pleasure deals

The article describes a recent car auction held in Las Vegas by Mecum, in which 70.6% of the 398 cars brought in $12.5 million. The author suggests that the success of live auctions may be due to collectors preferring the challenge of bidding in person. The article highlights four eccentric cars, including a 1930 Ford Model A Custom Woody sold for $24,200, a 2018 Mercedes-Maybach G650 Landaulet that went unsold at $700,000, a 1967 Ferrari P4 replica sold for $225,500, and a 2003 Chevrolet Corvette AAT Conversion sold for $55,000. The article provides details about each car, their unique features, and their sale prices.
Great architects and cars. When? image

19/11/2020

Great architects and cars. When?

This article discusses the trend of famous architects attempting to design cars and why they have not been successful in doing so.
Silverstone like Hamilton image

18/11/2020

Silverstone like Hamilton

The article discusses the success of the November 2020 Silverstone auction, which used a technique of presenting and selling cars individually online. The auction generated £7,149,922 in takings and sold 74.14% of the cars offered. The highlights of the auction included a 1980 BMW M1 Coupé, which sold for £382,500, and a 1982 Renault 5 Turbo Group 4, which sold for £337,500. The auction also included items from Sir Stirling Moss's personal collection, such as his passport and his trusty watch, which he wore during his racing career, including the famous 1955 Mille Miglia victory. The watch sold for £67,850, making it the most expensive item sold at the auction.
Dino and that unknown document from The Key image

17/11/2020

Dino and that unknown document from The Key

The article pays tribute to Alfredo Ferrari, also known as Dino, Enzo Ferrari's son, who died at the age of 24 from a form of muscular dystrophy. Before his death, Dino wrote an article for the Italian magazine Velocità.
Three steps into the future image

16/11/2020

Three steps into the future

This article explores the history of aerodynamics in automotive design and the challenges faced by innovators in introducing new and unusual shapes.
The Forgotten Ferrari 1971-1972 365 GTC/4 “Gobbone” image

15/11/2020

The Forgotten Ferrari 1971-1972 365 GTC/4 “Gobbone”

This article discusses how a car's nickname can influence its popularity and reputation, using the example of the Ferrari 365 GTC/4, also known as "Gobbone" (Hunchback).
Le Mans obsession image

14/11/2020

Le Mans obsession

This article tells the story of how Aston Martin achieved its long-desired victory at the 24 Hours of Le Mans in 1959, with the development of their new car, the DBR1.
Red line risks image

13/11/2020

Red line risks

This article discusses the recent online classic car auction by RM in the UK, which failed to reach expected sales figures. The author suggests that the auction house should reduce the number of cars on offer to maintain the quality and reset bargaining power. The article provides examples of three cars that illustrate the difficulties faced by the auction, including a 1961 Jaguar E-Type that failed to sell despite a colossal estimate, Gerhard Berger’s Ferrari F40 that received no bids beyond £840,000, and a 1965 Aston Martin DB5 that was in need of restoration and was located in Dubai. The author also emphasizes that online auctions have the advantage of indicating the location of cars on offer, which can influence the final purchase decision.