Hank Mauel sent in an email telling the story of his 1963 Lotus 7:
My vintage racing partner purchased this Lotus 7 in 1991 with the idea of restoring it to vintage racing standards and adding it to our one-car stable—a 1959 Lotus Elite—and campaigning both in West Coast vintage racing activities. Well, the “best laid plans…” left the car in the rough for 16 years. The car had a twin-cam, dry-sump engine, DSK front suspension and other upgrades that Read More
A former Indiana businessman who served for years as National Lampoon’s chief executive was arrested Wednesday on charges he ran an elaborate Ponzi scheme that defrauded investors of more than $200 million to help fund a lavish lifestyle, including a $250,000 revamp of his luxury home’s garage.
A federal grand jury indictment unsealed Wednesday in Indianapolis charges Timothy Durham, business partner James F. Cochran and their accountant, Rick D. Snow, with 12 counts, including conspiracy to commit wire and securities Read More
A 1965 Corvette Convertible 396/425 HP, 4-speed with coveted Bloomington Gold Benchmark status recently sold for $199,280 during the Mecum Kansas City Auction.
The well-preserved Rally Red big block joined a crop of Corvettes that sold to eager bidders during the two-day auction, which reported total gross sales of $6.998 million.
Mecum offered a variety of classic, muscle and luxury cars during the Kansas City Auction, where a strong crowd led to a 64% sell-through rate. Desirable Corvettes lead the Read More
RM Auctions, the official auction house of the Amelia Island Concours d’Elegance, continued its record-breaking sales run in Northeast Florida over the weekend, posting a remarkable $24.3 million* in total sales with a strong 96% of all lots sold at its 13th annual Amelia Island sale to claim the top sales results of the weekend.
Building on the company’s strong track record in Florida, the impressive sales total represents the highest tally achieved in the event’s 13 year history, Read More
Auctions America by RM posted $17,248,846** in total sales at its annual Collector Cars of Fort Lauderdale auction event this weekend. The top seller, a barn-find 1963 Shelby Cobra (chassis no. CSX 2080), changed hands for $467,500 and represents a unique opportunity to make a direct comparison between the rise in a collector car’s value and that of a traded commodity – gold.
The matching-numbers CSX 2080, the fifth 289 Cobra built, was purchased by its second private owner Read More
Bonhams is very pleased to announce the sale of the largest collection of Stutz motorcars and spares to be offered in more than a decade. The renowned Don and Lynette Short Collection of important brass-era automobiles will be auctioned at the Port Townsend Aero Museum near Seattle, Washington, on May 21st.
Bruce Walter, CEO of Hot August Nights has announced that the official and exclusive 2011 Hot August Nights Classic Car Auction will be produced and conducted by B & T Custom Rod & Restoration and Specialty Auto Auction and Sales.
The Hot August Nights Classic Car Auction will be held at the Reno-Sparks Convention Center during the Hot August Nights Event. The auction will run from Thursday, August 11th through Sunday, August 14th.
Walter said, “We are pleased to announce Read More
Patrick Glenn sent in an email telling the story of his 2007 Corvette Z06:
I have owned my 2007 Chevrolet Corvette Z06 since I bought it new in late 2006. This is the finest road car I have ever owned. It is the first car that I have never wished had more power, and I have owned Ferraris and other fast cars in the past.
The highway performance is spectacular, as is the handling and braking. However, the steering is Read More
Gooding & Company, the world’s leading auction house for collectors of rare and exceptional cars, announces that it will present more than 85 vintage and modern collector cars at its Amelia Island Auction in a few weeks on March 11. Recent consignments include an extraordinary barnfind 1955 Bentley R-Type Continental Fastback with coachwork by H.J. Mulliner, a highly-original and unrestored 1961 Aston Martin DB4 Series IV, 1928 Bentley 6 ½ Litre Coupe, 1955 Austin-Healey 100S and a 1962 AC Read More