Durham Found Guilty of Financial Fraud

Tim Durham (right) arrives at court in Indianapolis in June to hear the verdict in his trial

Tim Durham started out as an attorney, then left practice for far greener pastures. Highly ambitious, he reportedly made millions through leveraged buyouts. He was a well-known fixture at collector car auctions. Arriving on his private jet — and spending freely — he rapidly amassed a significant collection that included Duesenbergs, Ferraris and a Bugatti Veyron. Durham also Read More

An Evil, Clever 599 Sting

The 2007 Ferrari 599 at the Cavallino Classic concours that year, before it later became the object of an elaborate scam attempt

Our story begins with 2007 Ferrari 599 s/n 150098, the 26th U.S. model 599 built, in Grigio Silverstone with Bordeaux leather and heavily optioned with carbon ceramic brakes, luggage, carbon upper and lower interior, steering wheel with carbon and LEDs, electric Recaro seats and more.

As one of the first 599s in the Read More

1973 Porsche 911 Carrera RS Touring

This LHD example is the 38th 2.7 RS produced, and therefore, one of the first 500s built to “RSH” specification to meet FIA homologation requirements. After having been driven to Stuttgart for weighing, it was driven back to the factory for completion as a “Touring” (Porsche Code 472) version. It was highly equipped from new, with such factory options as front and rear bumpers with impact absorbers, leather-trimmed Recaro sport seats and a rear luggage compartment in place Read More

Slow to Speed, Fast to Rust

Italian sports cars quickly became successful after World War II — think Ferrari, Maserati, Lancia and Alfa Romeo — but Fiat’s entry-level two-seaters never totally captured the imagination or sales of enthusiasts.

In the 1960s, Bertone and Pininfarina slowly emerged as the top Italian styling houses, and they proved the Italians were particularly good at constructing graceful designs for small sports cars.

Yet, for Nuccio Bertone, the early 1960s were difficult. Fiat had not conveyed any interest in the Read More

1957 Ferrari 625 TRC Spider

To call Ferrari’s TRC for 1957 “one of the prettiest Ferraris built,” as pre-eminent Ferrari historian Richard F. Merritt put it, is surely an understatement. It is a design without fault — a timeless, downright breathtaking execution of Italian motoring passion, married to one of the greatest sports racing chassis of all time.

The Ferrari on offer stands in a class all its own. Coming from single ownership for the past 30-plus years, its presentation at auction may very well Read More

1958 Alfa Romeo Giulietta Sprint Veloce Zagato

From the legendary pre-war 6C 1750, the combination of Zagato’s lightweight bodywork and Alfa Romeo’s sophisticated engines and superb chassis has led not only to competition successes but to the creation of some of the most stylish sports and GT cars to come from Italy as well.

Among the rarest of this exclusive club are the 16 Sprint Veloce Zagato coupes built between 1956 and 1959. All slightly different in detail execution; they are the ancestors of the Alfa Read More

GTOs and Cobras: Investments or Insanity?

Here at SCM, we like to maintain two simultaneous views of the collector world, with one seen through a long-range spotting scope, and the other viewed through close-range binoculars.

For example, in the short-term viewfinder, the sale of a 250 GTO for $35m is a breathtaking escalation of the value of these most-watched Ferraris. Long term, isn’t it a sign that GTOs are finally being valued correctly?

And with Carroll Shelby’s death, our inbox is already full of “mourning Read More

2007 Peugeot 908 V12 HDi FAP Le Mans Racer

This car has a 700-plus horsepower, 5,500-cc twin-turbocharged dual overhead camshaft V12 engine, 6-speed sequential manual paddle-shift gearbox, independent front and rear double-wishbone suspension, and four-wheel hydraulic ventilated disc brakes. The wheelbase is 116 inches.

• 2009 Le Mans Works entry
• Exceptional and undisputed racing provenance
• 1st Overall at Monza, Silverstone and Spa
• Groundbreaking HDi diesel-powered V12 engine
• Run by the Works-Peugeot factory race team
• The first Peugeot 908 HDi to ever be offered Read More

1991 Aston Martin DB4GT Zagato Sanction II

Of the many models in Aston Martin’s 90-year history, and of the DB series of 6-cylinder cars in particular, the DB4GT Zagato is arguably the best loved and most respected. The original collaboration between Aston Martin and Zagato of Milan resulted in a production run of only 19 constructed between 1961 and 1963, although the factory set aside 23 chassis numbers. It is an indication of the affection felt for these beautiful cars that all 19 are still in Read More