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$1.9 Million Ferrari F50 Leads Auctions America’s $14.2m Santa Monica Auction

Posted on by Sports Car Market

The supercar market is still hot.

A 1995 Ferrari F50 brought $1.9 million, and a 1988 Porsche 959 “Komfort” reeled in $1,250,000 at Auctions America’s June 25-26 auction in Santa Monica, CA.

Total sales were $14.2 million, which is a strong result in the ultra-picky Southern California collector car market.

“We’re very pleased with both the results achieved and the strong attendance enjoyed at our Santa Monica sale on the weekend,” said Ian Kelleher, Managing Director of Auctions America Read More

Prototype 2004 Ford GT joins Russo and Steele’s 2016 Monterey Star Cars

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Russo and Steele is offering PB2-1, which was the first car in the last run of Ford GT pre-production cars. These were the last test cars built before Ford introduced the production Ford GT to the public.

Russo and Steele’s 2016 Monterey Auction is scheduled for August 18-20 at Fisherman’s Wharf in downtown Monterey, CA. Read more.

Gooding & Co. Puts Paul Newman’s 1979 935 Le Mans car into 2016 Pebble Beach Auction

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Paul Newman’s 1979 Porsche 935 — the car he drove at Le Mans — headlines a stellar lineup of Porsche cars for Gooding & Company’s 2016 Pebble Beach Auction on August 20-21.

Newman — and co-drivers Dick Barbour and Rolf Stommelen — lashed the car to a 2nd Place finish at Le Mans in 1979.

Newman’s Le Mans car is part of Gooding’s stellar Porsche lineup at Pebble Beach.

“We have seen significant interest in the Porsche market, especially Read More

RM Sotheby’s to offers First Shelby Cobra — CSX 2000 — at 2016 Monterey Auction

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That big thud you just heard was RM Sotheby’s dropping one very big car — the first Shelby Cobra ever built, and Carroll Shelby’s personal car — into their 2016 Monterey Auction lineup. The August 19-20 sale is at the Portola Hotel & Spa in downtown Monterey, CA.

Shelby owned the car from new, and it never left his care.

RM Sotheby’s is also offering Shelby’s personal 1965 Shelby Cobra 427, CSX 3178.

THUD. Read more.

Mecum Auction’s First-Ever Portland Auction Totals $9.3 million

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A 1965 Shelby GT350 at $305,000 was high sale at Mecum Auctions’ first-ever sale in Portland, OR during June 17-18, and more than 300 cars sold for a total of $9.3 million.

“The people of Portland were extremely welcoming, and the large crowds and strong bidding reflected their enthusiasm,” said Mecum President and Founder Dana Mecum. “Portland proved to be an excellent city for a Mecum auction, and holding it over Father’s Day weekend gave families looking to celebrate Read More

Barrett-Jackson Inaugural Northeast Auction Brings Over $26 million before a sold-out audience

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Barrett-Jackson’s June 23-25 Northeast Auction at the Mohegan Sun in Uncasville, CT saw 552 vehicles sold for more than $26 million with a sell-through rate of 96 percent.

High sale was a 1969 Chevrolet Corvette L88 at $624,800.

“It was incredible to witness the electricity that filled our arena,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Not only did we make history by selling out of tickets within hours of opening day, we also filled our docket Read More

Concept/Prototype Shelby GT-H Takes Spotlight at Barrett-Jackson Northeast Auction

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A concept/prototype 2016 Shelby GT-H 50th Anniversary car will cross the block at no reserve during Barrett-Jackson’s first-ever Northeast Auction at the Mohegan Sun Casino Resort in Uncasville, CT.

The auction is scheduled for June 23-25.

Proceeds from the sale of the prototype 2016 Shelby GT-H will benefit the Carroll Shelby Foundation.

“Barrett-Jackson has sold more concepts, prototypes and serial number one cars for automakers than any other auction house in the world,” said Craig Jackson, chairman and CEO Read More

The Finest Automobile Auctions sells $3.4 million at Inaugural Auction at Hershey

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A 1968 Lamborghini 400GT was the high sale at $577,500 during The Finest Automobilie Auctions June 11 sale at The Elegance at Hershey.

A 1927 Bugatti 38A brought $440,000, and a 1929 Bugatti Type 40A sold for $375,000.

“Bidders and sellers both onsite and online were extremely receptive and enthusiastic about our technologically advanced bidding platform,” said Bradley Farrell, CEO of The Finest Automobile Auctions. “It is important to establish trust between the auction house, sellers and Read More

Leake Tulsa Auction Brings $8.4 million

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The Leake Auction Company sold 470 of 651 lots for a $8.4 million total at their June 10-12 auction in Tulsa, OK.

A 2006 Ford GT sold at $291,000, while a 1961 Mercedes-Benz 190SL brought $88,000. A 1959 Porsche 356A made $181,500, and a 2016 Dodge Hellcat sold for $78,100.

“Each year our Tulsa auction continues to exceed our expectations,” said Richard Sevenoaks, president of Leake Auction Company. “The River Spirit Expo provides 446,000 square Read More

Rare Ford, Shelby Muscle take Spotlight at Barrett-Jackson Northeast Auction

Posted on by Sports Car Market

Ford-powered muscle will take center stage at Barrett-Jackson’s June 23-25 first Northeast Auction at the Mohegan Sun Casino Resort in Uncasville, CT.

A matching-numbers 1969 Ford Mustang Boss 429 (Lot 669) and a matching-numbers 1968 Shelby GT500 KR (Lot 668) will cross the block.

“Original Ford Mustangs and Shelbys of the 1960s and early ‘70s are the epitome of desirable, classic American muscle,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Our bidders seek them out and, in fact, Read More