High-End Ferrari Buyers Show up at Monterey

Auctions showed a strong market for the highest-quality cars. Prices were market-correct for cars with modest histories, collectibility and condition

In the run-up to this year’s Monterey auctions, there was much concern in the dealer community because so many high-end Ferraris were about to go on the market.

After the disastrous economy of 2009 and this year’s tepid recovery, were there enough buyers to absorb the sheer volume of high-dollar Ferraris to make the Monterey 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