Greece and the Ferrari Market

How quickly the tides do turn. Only six months ago, in my March SCM column, Dashing Euro Dreams, I wrote, “As the dollar had declined over the last eighteen months, the asking prices of American-based collector cars suddenly look like bargains”

The lead time on my column is thirty to forty-five days, and as I was writing of the weak US dollar, the Greek government was rushing into insolvency.

In March the financial tides began to sink the Eurozone in 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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