News

1956 Alfa Romeo Sprint Veloce “Ultra Light” Breaks World Record at Russo and Steele

Posted on by Sports Car Market

Monterey car week was buzzing when Russo and Steele opened its gates and allowed car enthusiasts into its venue for the first time this August 16-18, 2012.  The venue was everything Russo and Steele had promised and more with staging lanes, lifestyle vendors, live entertainment and the perfect setting to view classic cars in Monterey, CA.

To kick off the Saturday night auction Russo and Steele unveiled and then auctioned Enzo Ferrari’s famed Ferrari Prancing Horse or “Cavallino Rampante.”  The auction block was standing room only as the Ferrari enthusiasts and auction attendees began a spirited round of bidding for the opportunity to take home an international icon and a piece of Ferrari history.  In the end Enzo Ferrari’s Prancing Horse sculpture sold for $86,250 and setting the Russo and Steele auction block a blaze of bidding throughout the evening. 

Ferraris Dominate RM’s Saturday Sale Session in Monterey

Posted on by Auction News

 

RM Auctions continued its strong track record for historic Ferraris in Monterey, California Saturday night, August 18, with a 1962 Ferrari 250 GT SWB California Spyder achieving a remarkable $8,580,000 and a 1956 Ferrari 250 GT LWB Berlinetta ‘Tour de France’ realizing a strong $6,710,000 before a packed house.

Considered one of the most beautiful and desirable Ferraris in existence, the short wheelbase California Spyder, chassis 3119 GT, is one of only 37 short wheelbase variants in the highly Read More

Gooding & Company’s Saturday Pebble Beach Auction Breaks $60m

Posted on by Auction News

In the first of two nights, Gooding & Company’s Saturday Pebble Beach Auction realizes more than $60 million

First day auction highlights included a record-breaking Ferrari LWB California Spider and Jay Leno’s Fiat 500
selling for $385,000 for the Fisher House Foundation

Gooding & Company, the official auction house of the Pebble Beach Concours d’Elegance acclaimed for selling the world’s most significant and valuable collector cars, sold more than $60 million in collector cars last night, at Read More

Bonhams’ Carmel Auction Exceeds $13m

Posted on by Sports Car Market
MCLAREN F1 SUPERCAR HEADLINES BONHAMS’ CARMEL AUCTION,
WHICH REALIZES IN EXCESS OF $13 MILLION
 
Sports and competition cars grab pole position at Bonhams’
new location on the Quail Lodge grounds
 
San Francisco – International bidders assembled in the Bonhams tent, aided by telephone, absentee and online bidding, to create a truly competitive atmosphere at Bonhams 15th annual sale – the longest running sale of an international auction house during the Monterey Car Read More

GT40 Gulf/Mirage Lightweight Racer Brings Record $11m at RM’s Friday Night Sale

Posted on by Sports Car Market

The iconic 1968 Ford GT40 Gulf/Mirage Lightweight Racing Car, chassis P/1074, used extensively as a camera car in the legendary Hollywood film, Le Mans, sold for a remarkable $11,000,000 before a packed house at RM’s Monterey, California sale on August 17, setting a new world record for an American automobile sold at auction.

The first, by serial number, of several lightweight GT40s built for the J.W.A./Gulf team, this exceptional racing car was completed in 1968 and carries an incredible Read More

RM Announces Staluppi Collection Sale

Posted on by Sports Car Market

Fresh on the heels of its highly successful Aalholm Automobil Collection auction, RM Auctions has announced the addition of a new single-vendor sale to its 2012 calendar: The John Staluppi ‘Cars of Dreams’ Collection, to be offered December 1 in West Palm Beach, Florida.

Well-known and highly regarded by automotive enthusiasts, the ‘Cars of Dreams’ Collection is the result of more than a decade of dedicated collecting by successful entrepreneur, car dealer, and lifelong enthusiast, John Staluppi. Spanning a Read More

1967 Bertone Jaguar Pirana Resurfaces at Concorso Italiano

Posted on by Auction News

Concorso Italiano, the world’s largest showing of exotic Italian cars, has announced that the newly-restored 1967 Bertone Jaguar Pirana will be part of the centerpiece display at its 27th annual event on August 17. This one-of-a-kind Italian concept car will be showcased for the first time since its restoration as part of Concorso Italiano’s tribute to the 100th anniversary of the legendary design house, Bertone. The Pirana has rarely been shown in public since it was first developed 45 years ago, almost achieving barn find status.

Iconic Race Car to be Unveiled at 2012 Corvettes at Carlisle

Posted on by Auction News

CARLISLE, PA – When Chip Miller co-founded Carlisle Events in 1974 and launched Corvettes at Carlisle in 1982, his heart and mind overflowed with his love of family, love of work and love of the Corvette.  In a 2011 film by Michael Brown called “The Quest,” Miller’s pursuit of an historic racing Corvette from the 1960 Le Mans 24 Hour Endurance Race was well chronicled.  Also told within Miller’s story was that of a trio of cars commissioned to race by American entrepreneur and sportsman Briggs Cunningham.  Miller found his historic racer, the #3 Cunningham car, and it now resides in Carlisle, Pennsylvania as part of the Miller family’s private collection.  The #2 car, after multiple owners and a drop off the radar for nearly 20 years, is part of a collection owned by Bruce Meyer in California.  The #1 car, which also raced at Le Mans at 1960, was, within two years of the race, lost…until now!