In case you haven’t made it over to Italy to tour the fabulous Ferrari museums, Google Maps presents the means to visit from the comfort of your own computer. Three street-view tours are available of both the Museo Ferrari in Maranello and the Museo Enzo Ferrari in Modena. Continue reading
By most measures, RM Sotheby’s spring auction in Monaco was a solid success, scoring €27.5 million (nearly $31.2 million at the current exchange rate) as 114 cars crossed the block during Monte Carlo’s famous historic-racing weekend.
The fourth of the biannual Monaco sales (the auction house alternates yearly between Monaco and Villa Erba during the Villa d’Este concours in Italy) boasted seven cars selling for more than $1 million each, topped off by a 1951 Ferrari 340 America Touring Barchetta that achieved €7.28 million ($8.23 million). All sales results include auction fees. Continue reading
Democratic presidential candidate Bernie Sanders would love the Graph of the Week from Hagerty, the classic car insurance and valuation company, because it’s about how the 1 percenters get all the attention while spending most of the money.
For Bernie, the 1 percent comprises those multi-millionaires and billionaires who seem to get richer all the time. For classic car fanatics, the 1 percent are those seven- and eight-figure cars that the millionaires and billionaires buy and sell at auction. Continue reading
RM Sotheby’s had a very tight schedule following its successful collector car auction January 28-29 in Arizona, packing up and flying off to Paris for its Retromobile auction on Wednesday. They made it, and held a sale that reached nearly $21 million for 48 sold out of 61 cars, a 79 percent rate.
The star of the show was a spectacular Porsche, a 1955 Spyder with racing history that sold for a convincing $3 million (all sales results converted from euro and include auction fees), the highest sale that took place during the auction. Continue reading
Since we all just got back from auction week in Arizona, I thought I would select a higher-end car that experienced a bit of a drop in value at the sales. Yes, it is not my typical bargain pick but in lieu of the current market, it could represent something of a good deal.
Eight great Ferraris, dating from the 1960s to a 2003 Enzo, have been consigned to Gooding & Company’s Arizona auction in January by a Beverly Hills, California, collector well-known among the ferraristi for his unbridled enthusiasm for the Italian stallion. Continue reading
After more than 60 years, a one-off coachbuilt 1953 Ferrari 250 Europa Coupe by Vignale returns to New York City for RM Sotheby’s inaugural Driven by Disruption auction December 10 in Manhattan.
The Europa Vignale, chassis number 0313 EU, has a checkered history ranging from the glory of the New York auto-show stage to becoming a daily driver and finally a forgotten relic in longtime storage. The unique Ferrari was rescued in 2003 and later restored to original, a task completed in 2011 and which brought the Ferrari back to its auto-show splendor. Continue reading
Keno Brothers Fine Automobile Auctions, recently established by Leslie and Leigh Keno, has determined the location for its inaugural classic cars auction scheduled for November 18-19, as well as announcing that a groundbreaking Ferrari N.A.R.T Daytona race car has been added to the docket.
The Kenos’ auction, dubbed Rolling Sculpture, will be held at Skylight Clarkson Sq in the fashionable Soho section of New York City and promises to offer a selection of 45 premium collector cars that will be presented with “a multi-sensory experience highlighting the beauty of each lot, while also bringing to life the history of each automobile,” Leigh Keno said in a news release. Continue reading
Two of the greatest and most-evocative examples of custom coachwork, one a pre-war American classic and the other a famous Italian beauty, will cross the auction block during Gooding & Company’s annual sale August 15 and 16 adjacent to the Pebble Beach Concours d’Elegance.
A 1966 Ferrari 330 GT 2+2 formerly owned by comedian and media personality Adam Carolla will cross the block at the Russo and Steele auction next month in Monterey, California.
The Series II model, powered by a Columbo V12 engine, is one of 455 examples built and, according to Russo and Steele, one of the best known of surviving examples with a history of prominent ownership since new. The Ferrari is a “matching numbers” example with fully documented mileage and with all services up to date, the auction says. Continue reading