As the largest event during Monterey Car Week, the Rolex Monterey Motorsports Reunion is a museum in motion with 550 authentic, period correct cars with varying degrees of racing provenance competing at Mazda Raceway Laguna Seca in California.
“Numbers are expected to climb as those auctions move higher into their dockets today and overall figures should soar Friday as Bonhams stages its one-day auction at The Quail and RM Sotheby’s opens its two-day sale in downtown Monterey.”
— Classic Car News, Friday, August 19 report from Monterey Car Week
Well, there’s a prediction that proved correct — and then some — as records were set Friday for the most ever paid at auction for both an American car and a British car, and where the star car at yet another sale also sold for a big number.
The huge numbers were posted in a packed-to-overflowing auction area in downtown Monterey, where a bidder at RM Sotheby’s reached $21.78 million for the 1954 Jaguar D-type XKD501 that won the 24 Hours of Le Mans and where someone ponied up $13.75 million for the first 1962 Shelby Cobra (CSX2000). Both were world auction records for cars from their respective countries. Continue reading
Legendary driver Jackie Stewart smiled with joy as he listened to the deep metallic thrum of an ancient Ferrari competition V12. This was a call of the wild for the enthusiasts at The Quail, a Motorsports Gathering, and a crowd quickly formed around the stunning performance machine from a lifetime ago as the owner revved the booming engine.
The car was a 1953 Ferrari 375 MM Pinin Farina Spyder with a lush patina of age and use. A short time later, it became apparent that this Spyder was special indeed as the concours judges declared it best of show winner for the 14th annual Quail. Continue reading
The Porsche Werks Reunion continues its soaring popularity as Porsche owners from around the country converged for a massive gathering of the faithful Thursday at the Rancho Canada Golf Club in Carmel, California.
Now in its third year, the Werks Reunion has established itself as a mainstay of Monterey Car Week, with the booming values and collectability of Porsches happening at just the right time for this single-marque event. Continue reading
Monterey Car Week auctions opened Thursday with Mecum Auctions and Russo and Steele starting their sales, which insurance and vehicle value tracker Hagerty reported as tracing very close to 2015 numbers. According to Hagerty observers at both venues, Mecum did $3.7 million in sales at an average vehicle price of $30,541 last year, while the respective numbers Thursday were $1 million and $29,144. Continue reading
BMW produced only 253 examples of its 507 sports car in 1957 and one of them, chassis 70079, has taken a particularly mysterious journey. Recently discovered in northern California and restored in Munich, Germany, the car formerly owned by Elvis Presley was shown to the public for the first time Thursday during the Rolex Motorsports Reunion at Mazda Raceway Laguna Seca, where the brand is celebrating its centennial celebration during Monterey Car Week.
Beginning Saturday and running through September 9, the Simeone Automotive Museum features a motorcycle exhibit, the “Land of the Rising Sun, Mid-Century Motorcycles and Fast From the Past.” The collection has been put together by John Lawless and his cadre of bike enthusiasts to showcase competition flat-track racers, motorcycle drag racers, Japanese motorcycles from 1960-1989 and mid-century modern motorcycles that demonstrate the optimism of early postwar design. Continue reading
Among RM Sotheby’s fantastic array of collector cars are some real stars. First off, there’s the 1955 Jaguar D-type that was the overall victor in the 1956 24 Hours of Le Mans, and which remains intact and original after its busy racing career, raising its value to the stratosphere.
The curvaceous race car with its famous asymmetrical tailfin — the auction house calls the most important Jaguar in the known universe — is valued at $20 million to $25 million. Continue reading
So there you are, a kid in some kind of fantasy candy story, stacked high with all manner of sweet goodies, and you want them all. But you can only have a few of them and must leave the rest. What an ordeal.
That’s what I faced wandering around the motorized goodies at Gooding & Company’s auction preview in Pebble Beach, California, trying to pick among the mouth-watering collection of collector cars that will cross the block this weekend. If I could have only a few of them, which ones would I choose? Continue reading
One of the most iconic cars in BMW’s history, the 1973 BMW 2002 Turbo, was honored Thursday in the BMW Living Legends Garage at Mazda Raceway Laguna Seca as part of the brand’s centennial celebration during Monterey Car Week.