Mecum scores biggest total at 30th anniversary Indy auction

A rare, high-performance 1996 Porsche 911 GT2 EVO was the top-selling vehicle at Indy | Mecum Auctions
A rare, high-performance 1996 Porsche 911 GT2 EVO was the top-selling vehicle at Indy | Mecum Auctions photos

With a rare Porsche high-performance 911 coupe leading the way, Mecum Auctions reached $55.6 million at its Original Spring Classic collector car sale in Indianapolis, Indiana, the highest total yet for the auction as it celebrated its 30th anniversary.

The sale last weekend sale sent 1,665 vehicles over the block, with 1,208 of them selling for a 73 percent sell-through rate. Continue reading

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

Pick of the Day: 1988 Porsche 944 Turbo S

The Porsche 944 Turbo S is fitted with the Club Saort Package of performance upgrades
The Porsche 944 Turbo S is fitted with the Club Sport Package of performance upgrades

Strange as it may sound today, there was a time when the Porsche company feared that the days were numbered for its rear-engine sports cars. Sure, the 911 was beloved by its fans and owners, and fearsome on the track in its many guises, but time was marching on – as well as federal pollution and safety regulations – so Porsche looked to gradually change over to more-customary front-engine, water-cooled sports cars. Continue reading

Amelia Concours honors Porsche’s ‘giant-killer’ four-cam racers

Pioneering Porsche racer Bob Holbert at the wheel of a  718 RS60 | Amelia Island Concours archive photos
Pioneering Porsche racer Bob Holbert at the wheel of a 718 RS60 | Amelia Island Concours archive photos

The magic of Porsche engineering was at full chat in the early 1950s when the upstart sports car company revealed its remarkable and groundbreaking flat-four engine with four overhead camshafts, two per side.

Designed by Ernst Fuhrman, the complex engines were small in displacement but mighty in high-revving output, and they quickly earned Porsche the reputation of a giant killer on international race tracks at the top of the competition game. Continue reading

Significant competition cars set for Gooding’s Amelia Island sale

The 1977 Porsche 934/5 racer is a “true one-off” that won the 1981 Australian Sports Car Championship | Gooding & Company photos
The 1977 Porsche 934/5 racer is a “true one-off” that won the 1981 Australian Sports Car Championship | Gooding & Company photos

Historic race cars that performed in international competitions at Le Mans, Nurburgring, Fuji and a host of other famous venues will be auctioned during Gooding & Company’s Amelia Island, Florida, sale on March 10.

Leading the pack are three intriguing examples of performance machines, including two Porsches and a famed rotary-powered Mazda that competed in endurance races as the factory entry. Continue reading

Major collection of Porsche cars, automobilia at Auctions America

The Porsche collection was compiled by a Connecticut couple | Auctions America
The Porsche collection was compiled by a Connecticut couple | Auctions America photos

Yet another large Porsche collection is going to auction, with Auctions America offering the no-reserve sale of 26 cars spanning 48 years of Porsche production, and an extensive trove of automobilia, during its Fort Lauderdale, Florida, sale March 31-April 1.

Ranging from a 1955 Porsche 356 1600 Speedster to a 2003 Porsche 996 Turbo, the JLB Autocrib Collection was compiled by Connecticut enthusiasts Jack and Alice Gish, who scoured the country looking for the finest examples of Porsches and collector items related to the German sports car brand, according to Auctions America. Continue reading

Top Porsche models at no reserve in RM Sotheby’s Paris auction

The all-black is a 1994 Porsche 911 Turbo S 3.6 one of just 17 built  | RM Sotheby's
The all-black is a 1994 Porsche 911 Turbo S 3.6 one of just 17 built | RM Sotheby’s

The Porsche parade moves on to Paris as RM Sotheby’s auctions off 13 sports cars from the German marque, part of a private collection representing a variety of years and types, all at no reserve. The Porsches are the first wave from a 42-car Swiss collection that the auction house plans to dole out at various auctions this year.

With Porsche values remaining in the upper atmosphere, RM Sotheby’s has scheduled a significant number of them for its February 8 sale that takes place during the famed Retromobile festival. Besides the 13 cars from the collection, the auction will feature a 1970 Porsche 917/10 prototype endurance racer with competition history. The car is valued between $5 million and $6 million. Continue reading

Arizona auctions again awash in Porsches as values hold

A restored 1967 Porsche 911S is among Barrett-Jackson's collection of Porsches | Barrett-Jackson
A restored 1967 Porsche 911S is among Barrett-Jackson’s collection  | Barrett-Jackson

Just when you thought the Porsche passion had crested, a new wave of 911s, 356s, race cars and exotics from the German sports car brand washes into the Scottsdale/Phoenix area for the seven auctions of Arizona Car Week. The prophesized burst of the bubble has not occurred, although values have flattened somewhat.

The classic 911 experienced the greatest run-up in prices during the past four years, with many former entry-level models reaching toward six figures, and more-desirable cars going well beyond. The upcoming Arizona auctions are again awash in 911s, with the total number just slightly less than last year’s selection. Continue reading

2016 top stories: 3 – Jerry Seinfeld Porsche auction

The blue 1955 Porsche 550 Spyder was the top seller at more-than $5.3 million | Bob Golfen photos
The blue 1955 Porsche 550 Spyder was the top seller at more-than $5.3 million | Bob Golfen photos

Comedian Jerry Seinfeld is a long-term Porsche addict with an enviable stable acquired with the riches earned from his stage and TV career. Seinfeld was never all-that public about his classic Porsche obsession, but neither was he secretive; even a casual watcher of the Jerry Seinfeld show could identify Porsche posters on the walls of his TV-studio/New York apartment. Continue reading