Philip Richter writes the Turtle Garage blog and serves as chairman of the Turtle Invitational in Bedford, NY. He is president of Hollow Brook Wealth Management LLC, a private investment firm based in New York, and is treasurer of the United States Equestrian Team Foundation. Richter has been an SCM contributor since 2016.
Philip is a board member at the Revs Institute, and an officer of the United States Equestrian Team Foundation where he serves as treasurer.
See Philip on the Collector Car Podcast, SCM’s Buy, Sell, Hold podcast, or on Cars Yeah.
Articles in Sports Car Market
Here are the latest articles from Phil:
2003 Aston Martin V12 Vanquish – An entirely new Aston Martin for the 21st century, the V12-engined Vanquish coupe debuted at the Geneva Auto Show in March 2001. Aston Martin’s first power unit of its type, the 5.9-liter, 48-valve, V12 engine (first seen in the DB7 V12 Vantage) developed 460 horsepower at 6,800 rpm, with 400 lb-ft of torque available at… Read more
Selling All the Way – The collector car hobby has witnessed sweeping changes and staggering growth over the past decade. Once a cottage industry, the collector car market has transitioned into a legitimate global business. Many smaller companies have enjoyed rapid growth and have garnered the attention and admiration of much larger publicly listed and private equity-backed global firms. The… Read more
2010 Pagani Zonda R “Revolución Specification” – In 2007, Pagani introduced its first track-focused model: the Zonda R. As the most fearsome and spartan distillation of the company’s technological capabilities, the Zonda R is truly the marque’s tour de force. Free from race and governmental regulations, the Zonda was designed to be the ultimate driver’s car, offering the ultimate uncompromised driving experience. The… Read more
The $500 Million Endowment – In early November 2022, McPherson College announced that an anonymous donor had made an extraordinary endowment gift to the school. This record-breaking, potentially $500 million donation is the largest single commitment ever made to a liberal-arts college. This news thrust the small Kansas-based school into the headlines. It is notable in the collector-car community because… Read more
2012 McLaren MP4-12C – The MP4-12C was the first production road car developed entirely by McLaren, featuring a carbon-composite chassis and equipped with a 3.8-L twin-turbocharged V8 and Graziano 7-speed Seamless-Shift dual-clutch gearbox. This 2012 example is finished in the rare premium color of Mercury Red over a Carbon Black leather-and-Alcantara interior with red contrast stitching. It was optioned… Read more
AMG Alchemy – The 2022 SCM 1000 AMG Invitational was born out of a phone call. About two years ago, SCM Publisher Keith Martin called me to discuss his next serial car purchase. I suggested he consider an R230 Mercedes-Benz SL55 AMG. I explained that it is a near-supercar bargain, bestowed with one of the most refined AMG… Read more
Earning Their Place – The 2021 Pebble Beach Concours d’Elegance played host to a special class of Porsche 917 race cars. That this gathering — 50 years after the 917’s overall win at Le Mans in 1971 — would occur there, rather than in the paddock of some storied racing circuit, is significant. We spoke with Revs Institute founder… Read more
1988 Alpina B7 Turbo/1 Katalysator – This Alpina B7 Turbo/1 is number 243 of 278 examples produced between 1984 and 1987 and is one of 42 examples fitted with a catalytic converter. The car was produced in October 1986 and first registered in March 1988, and it was imported to the U.S. by the seller in June 2021 on behalf of… Read more
A Capital Idea – The collector-car world is experiencing a metamorphosis. Over the past six years, we have witnessed the maturation of the industry. The transition began in earnest when RM Auctions announced a strategic partnership with publicly traded Sotheby’s in 2015. Next, in 2020, media giant Hearst acquired Bring a Trailer for an undisclosed sum. Finally, now Hagerty… Read more
1993 Cizeta V16T – Given the Cizeta’s cost and exclusivity, it is no surprise that each V16T produced has an interesting backstory. This car, chassis 101, is no exception. After Brunei became an independent country in 1983, the Sultan of Brunei and his family used a portion of their vast oil wealth to build the largest car collection the… Read more
An Exotic Daily Driver – As with most breakthrough products, the original variant is often the best. Such is the case with the first-generation 2007–15 Audi R8 4.2. While the R8 is not a supercar by today’s performance standards, it is incredibly well balanced and feels “just right,” especially with the 6-speed gated manual gearbox. It is also plenty quick… Read more
1990 Mercedes-Benz 190E 2.5 16 Evolution II – Sold at $258,500Gooding & Company Geared OnlineAugust 3–7, 2020, Lot 36 Chassis number: WDB2010361F732965SCM Condition for this car: 1- There are arguably only a handful of low-production collectible post-war Mercedes-Benz models. In no particular order, they include the iconic 300SL Gullwing and Roadster, the stately W186 300 “Adenauer,” the classic 280 SE 3.5 convertible, the… Read more
2002 BMW M5 – Chassis number: WBSDE93402CF91563 SCM Condition for this car: 2+ Over the past several years, we have seen BMW E39 M5 cars steadily rising in value. The price increase is valid and justified for many reasons — these are great cars to own, drive and enjoy. The E39 represents the end of an era and the… Read more
1996 BMW 850 CSi – The BMW 850 CSi was the factory’s flagship model in the mid-1990s. It featured the silky-smooth S70 V12 engine mated to a Getrag 6-speed manual transmission and was one of the first cars to offer drive-by-wire throttle control. Developed from the M70, the S70 increased the bore and stroke and utilized more-aggressive valve timings, resulting… Read more
2018 Lamborghini Huracán – Donated to Pope Francis by Automobili Lamborghini, the car was realized by Lamborghini’s customization department “Ad Personam” in homage to the Vatican. The special-edition model pays tribute to the colors of the flag of Vatican City, painted in Bianco Monocerus with Giallo Tiberino details. The European-specification Lamborghini will be offered without reserve, selling to the… Read more
2013 Mercedes-Benz C63 AMG Black Series – Delivered new to its first and only owner in Bahrain, this particular C63 AMG Black Series was produced for the 2013 model year in Bremen and shipped to Bahrain on October 10, 2012. The car was ordered in a classic and refined color combination of Diamond White Metallic over a black leather and Alcantara interior.… Read more
1988 BMW M6 Coupe – Derived from the classically elegant 2800/3.0/635CS/CSi series, the BMW M6 coupe is a rare and brilliantly fast grand tourer. The M6 and M6 35CSi were nearly identical in specification but were labeled differently for marketing reasons. The M6 was the second-fastest BMW ever built at 158 mph — only the equally rare high-performance M1 coupe… Read more
1995 BMW M3 Lightweight – In 1995, BMW responded to American customer demand by building a special track-oriented version of the esteemed E36-series M3. The resulting M3 Lightweight shaved 225 pounds from the standard version by integrating aluminum doors and removing all sound deadeners and comfort equipment. The model also featured stiffer springs, front and rear spoilers, and an individually… Read more
1989 Lamborghini Countach 25th Anniversary – In 1989, to celebrate the 25th Anniversary of Lamborghini Automobili S.p.A., the company owners at that time — the Chrysler Corporation — drafted in no less than Horatio Pagani to restyle and relaunch the amazing Countach for the final time. Featuring carbon and Kevlar panels, bespoke wheelarch extensions, extended air-intake ducts and a new rear… Read more
2014 Pagani Huayra – This car has a 720-hp, 5,980-cc Mercedes-AMG V12 engine with twin turbochargers, 7-speed automated manual transmission, front and rear independent suspension with double wishbones and fully adjustable coil-over shocks, and four-wheel carbon ceramic brakes. The wheelbase is 110 inches. Less than 400 miles from new Over $260,000 in options, including $20,000 seven-piece luggage set Horacio… Read more