First hypercar ‘holy trinity’ boasted by RM Sotheby’s

The 2015 Porsche 918 Weissach Spyder is the only one produced in  “Paint to Sample” Arrow Blue | RM Sotheby's photos
The 2015 Porsche 918 Weissach Spyder is the only one produced in “Paint to Sample” Arrow Blue | RM Sotheby’s photos

The “holy trinity” of modern hypercars. That’s what RM Sotheby’s is calling the trio of spectacular road-going hybrid-performance machines from Italy, Germany and Great Britain that will be auctioned May 27 during its Villa Erba sale on the shores of Lake Como in Italy. Continue reading

Porsches, Ferraris among biggest losers in Hagerty Value Rating

Earlier Porsche 911s have seen slow appreciation lately | Bob Golfen
Earlier Porsche 911s have seen slow appreciation lately | Bob Golfen

How the mighty have fallen! Following that Biblical moment, here is the latest compilation of biggest losers in the collector car market, as determined by the numbers crunchers at Hagerty classic car insurance and valuation.

Hagerty Vehicle Rating’s Bottom 25 list for the second quarter is dominated by once-roaring European sports cars, including Porsche 911s and the earlier 356s that saw such a meteoric climb in recent years. Not that the bottom is dropping out of Porsche sales, but appreciation has been minimal as of late. Continue reading

Not fake news: Trump’s Ferrari soars at Auctions America sale

The Ferrari F430 F1 originally owned by Donald Trump crosses the block | Auctions America photos
The Ferrari F430 F1 originally owned by Donald Trump crosses the block | Auctions America photos

A low-mileage 2007 Ferrari F430 F1 coupe formerly owned by the President of the United States received a major Trump bump at auction last weekend. Auctions America sold the Ferrari, along with its vehicle title bearing the name Donald J. Trump, for $270,000, about $100,000 above its non-celebrity value, during the annual auction in Fort Lauderdale, Florida.

The President’s Ferrari landed in fifth place among the highest-selling cars at the auction, which reached $17.3 million in sales, with 76 percent of more than 400 vehicles sold. Continue reading

April Fool’s followup and other news updates

Here's a sight you don't want to see in your rearview mirror | Lamborghini photo
Here’s a sight you don’t want to see in your rearview mirror | Lamborghini photo

Hat’s off to Honda for the best April Fool’s Day gag by an automobile manufacturer, 2017 edition.

Each year of late, automakers have attempted, and in some cases have succeeded, to spring April Fool’s Day jokes on the news media. Last weekend, those jokes included: Continue reading

‘Ultimate sports car list’ to be offered by Gooding in Scottsdale

The 1964 Shelby 289 Cobra has been fully restored | Brian Henniker/Gooding
The 1964 Shelby 289 Cobra has been fully restored | Brian Henniker/Gooding

Four cars from Italy, England, Germany and the United States make up what Gooding & Company calls its “ultimate sports car wish list,” to be presented during its January auction in Scottsdale, Arizona.

The cars – a 1967 Ferrari 275 GTB/4, a 1964 Aston Martin DB5, a 1955 Mercedes-Benz 300 SL Gullwing and a 1964 Shelby 289 Cobra – are landmark designs that carry pre-auction estimates ranging into seven figures. Continue reading

Historic 1952 Ferrari race car set for Bonhams’ Scottsdale auction

The Ferrari 340 America Vignale Spider raced at the1952  Mile Miglia and LeMans 24 | Bonhams
The Ferrari 340 America Vignale Spider raced at the1952 Mile Miglia and LeMans 24 | Bonhams

A spectacular piece of racing history has been consigned for Bonhams’ January auction in Scottsdale: A 1952 Ferrari 340 America Vignale Spider that was the factory team entry for the 1952 Mille Miglia and 24 Hours of Le Mans. Continue reading

Hagerty chart shows biggest losers in classic car depreciation

Hagerty
Hagerty

The Hagerty collector car insurance and valuation company recently released the 31st edition of its closely watched Hagerty Price Guide after a period of ups and downs and mood swings in the classic car market.

Among the results were a number of high-profile cars that have depreciated after several years of climbing in value. Among them, such modern supercars as the Ford GT and the Porsche Carrera GT, as well as vintage favorites such as the Toyota 2000GT and the Ferrari Dino 246 GT. Even some so-called blue-chip collector cars, such as the Mercedes-Benz 300SL, softened slightly. Continue reading

Eye Candy: Milwaukee Concours d’Elegance

Ferraris pose with a backdrop of the Milwaukee skyline | William Hall photos
Ferraris pose with a backdrop of the Milwaukee skyline | William Hall photos

They had the yachts, they had the waterfront, and they certainly had the beautiful cars. They even had the fog. Pebble Beach? Nope. The Milwaukee Concours d’Elegance…one week later and 2,276 miles apart.

The event, now in its 11th year, is under new leadership and has a new name. Formerly known as the Milwaukee Masterpiece, the re-brand reveals the event’s aspirations to become the premier concours d’elegance in the Midwest. Continue reading

Eye Candy: Concorso Italiano

The 50th anniversary of Lamborghini Miura was celebrated during Concorso Italiano | Bob Golfen photos
The 50th anniversary of Lamborghini Miura was celebrated during Concorso Italiano | Bob Golfen photos

With some of the world’s greatest Italian sports cars from the past and present standing nearby, Ruben Ruiz’s minivan was a source of constant attention. Of course, this was Concorso Italiano and this was no ordinary minivan.

Ruiz was more than happy to give curious spectators tours of his 1958 Fiat Multipla 600, which he called “the most visited car in this whole place.” Continue reading

Gooding consigns rare Ferraris for Monterey auction

The 1959 Ferrari 250 GT LWB California Spider Competizione is one of the most-highly valued open race cars | Gooding photos
The 1959 Ferrari 250 GT LWB California Spider Competizione is one of the most-highly valued open race cars | Gooding photos

Four spectacular Ferraris, each of them worth a king’s ransom, will be presented at Gooding & Company’s collector car auction in August during Pebble Beach Concours week. Ranging in years from 1950 to 1962, the four historic Ferraris have a collective estimated value of $49 million to $58 million, which could put Gooding’s Monterey results into uncharted territory. Continue reading