Ferraris and Bidding Wars in the Desert

c925b42be0bb1a72b320fe10c797fed2

If several well-heeled buyers want the same car on the same day, a very high price can be the result

For classic car lovers escaping the winter snows, it doesn’t get any better than this year’s Scottsdale auctions, with collectors spending $159.6m to buy about 2,300 cars. As always, Barrett-Jackson was the big player with sales at $68.5m, Gooding sold $35m, while RM was close behind with $31m in sales. Russo and Steele sold a respectable 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

0 comments

Leave a Reply

Your email address will not be published. Required fields are marked *