Dashing Euro Dreams

One of the side effects of the worst economic downturn in many decades has been a weak U.S. dollar. As the dollar has declined over the last 18 months, the asking prices of American-based collector cars suddenly look like bargains, at least when compared to asking prices in Europe.
There is logic to this perception. For instance, six of RM Auctions’s ten top selling cars of all time were sold at their auctions in England and Italy.

Consequently, we’ve Read More

Michael Sheehan

SCM Contributor

Michael is a Ferrari historian and broker with over three decades in the business. He operated a 30-man Ferrari crash repair and restoration shop for over two decades. He has a passion for racing and has competed in the Mazda Pro Series, Trans-Am, IMSA GTO, and IMSA Camel Lite, and has three drives in the 24 Hours of Daytona and 12 Hours of Sebring. His regular column, “Sheehan Speaks,” has been a part of SCM since 1993, and this month, on p. 38, he takes us to a Brunei prince’s compound that holds hundreds of decaying, melting exotic sports cars.

Posted in Sheehan Speaks

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