A Lot of Metal will cross the Block

Yes, $3.25M was the final bid on the McLaren F1, plus the 10% commission on top for a total of $3.575M. Not the highest price ever paid for an F1 road car, but a very strong result. Certainly a bit higher than I was expecting given all the other cars that had lower than expected numbers.

The 250 SWB was hammered at $5.55M and then the 10% commission and an additional 2.5% in Import Duties if it is staying in the USA. Besides being 1 of 20, the description says that the restoration was completed by the factory and that it is Classiche Certified.

>8^)
ER

 

I was in travelling US with Australian friend when he bought the Baja Boot in the late 80's to run a rally in South America. Rally never happened & he sold the car at Kruses auction in Auburn possibly 89/90. What I do recall is the car had plaques for every rally/race it competed in attached to the dashboard. Kruse stored all cars outside in tents & first morning, near all the plaques were stolen. I do have some photos of it at that time if of interest.

 

I would say the F1 is the next GTO... it has similar histories and is the last "arrive and drive" style car at lemans. but im sure someone will say otherwise or correct me

 

Strong parallel there. Fast and attractive but streetable.

 

Well, there's not many Tuckers left...LOL!

Thanks....

 

Where did it go?

Strong money for sure! Should pay off the mortgage at Far Niente????

 

I was accosted at the grocery Sunday night by two winos, when they determined my car was in fact a real Ferrari, they cited THIS sale, as to it's value..

Man, that's getting to word out to the street, literally, these two guys live IN the Bus Stop...

 

That was the O'Quinn car I was following, thanks!

Darn near made the whole "$5M value" by itself!!

No wonder she was battling for it.......too bad.

 

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Anyone know what the two Fiat 8vs were bid up to??

 

From Sports Car Market:

SCM Publisher Keith Martin commented "Some thought our $140m in projected sales for Monterey was hopelessly optimistic in the face of a flailing economy. Yet the overall sales of $172m surpassed that prediction by $32m and surpassed last year's total of $120m by a staggering $52m. This proved that there is still enormous discretionary wealth in the upper echelon of the collector car world. Further, I believe these sales results are evidence that in the face of lackluster stock market and still-falling real estate prices, investors are moving their money into a segment of the market that is showing appreciation, which is collector cars. My next prediction - hang on to your hats, the roller coaster is just beginning to gather steam."

While the auction companies are still furiously working around the clock to get deals done, here are the preliminary results we have. These totals and Top 5 cars are subject to change. We'll have an updated special Monterey edition later this week. (All overall sale totals include buyer's premiums; the Bonham's top 5 sales do NOT include premiums).

RM
Total: $67 million
Selling Percentage: 93
Top 5 Sales:

1. 1938 Talbot-Lago T150 Coupe: $4.6m
2. 1954 Ferrari 375 MM Berlinetta: $4.6m
3. 1949 Delahaye Type 175S: $3.3m
4. 1959 Ferrari 250 GT LWB Cal Spyder: $2.4m
5. 1955 Jaguar D-type: $1.9m
This is up approximately $32m from last year's $35.6m.

Gooding
Total: $65.5 million
Selling Percentage: 80
Top 5 Sales:

1. 1959 Ferrari 250 GT LWB Cal Spider Competizione: $7.3m
2. 1933 Alfa 8C Monza: $6.7m
3. 1961 Ferrari 250 GT SWB SEFAC Hot Rod: $6.1m
4. 1928 Mercedes-Benz S 26/180 Boattail Speedster: $3.7m
5. 1995 McLaren F1: $3.6m

This is up approximately $15m from last year's $51m.

Bonhams
Total Sales (overall): $18.2m
(Buyer's premium NOT included in Top 5 sold prices in this report.)

1. 1972-73 Interserie Spyder Porsche 917: $3.6m
2. 1930 Mercedes-Benz 38/250: $2.3m
3. 1967 Porsche 2-Liter 910: $720k
4. 1908 Thomas Flyer: $660k
5. 1937 BMW 328: $600k

Mecum
Total: $15m
Selling Percentage: 45
Top 5 sales:

1. 1967 Ferrari 275 GTB/4: $1.4m
2. 1967 Chevrolet Corvette L88 convertible: $1.1m
3. 1972 Ferrari 365 GTS/4: $1m
4. 1966 Shelby Cobra 427: $700k
5. 1971 Chevrolet Corvette ZR2 convertible: $466k

This is up approximately $1.1m from last year's $13.9m.

Russo and Steele
Total: $6.1m
Sellling Percentage: 35
Top 5 Sales:

1. 1971 AMC Javelin Trans Am: $770k
2. 1965 Shelby Cobra CSX2461: $649k
3. 1966 Lamborghini 350GT: $440k
4. 1968 Aston Martin DB6: $330k
5. 2005 Porsche Carrera GT: $265k

This is up approximately $2m from last year's $4.2m.



You have got to love a $770k AMC!!!!

If you don't get Sports Car Market Magazine... get a subscription!!

 

Does anybody know if the Maserati A6GCS #2053 was sold at the Bonhams-auction?

Ciao!
Walter

 

Hi Walter,

It did not sell. Call Bruce if you think you can do something with the car.

It is back listed here for sale at $1.95M:

http://www.fantasyjunction.com/cars/530-Maserati-A6GCS-Inline%206%20Cyl,%20DOHC

Cheers,

Bill Noon

 

Actually, the number went up not too long ago, depending on your opinion of the provenance of the recently "restored/completed" convertible...
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Hi Bill,
many thanks for the info.

No, not interested as there is a much better car currently for sale.

What was the high-bid for #2053??

Ciao!
Walter

 

Wow......

I'm not so sure I can share Mr. Martin's enthusiasm or views on the market.

Lot's of cash pent up in the current stock market downturn, together with a lot of people cashing out at market peak (who knows) in collector car values and moving back INTO cash liquidity.

Then our neighbor Mr. O'quinn hitting a tree at 79MPH in a 40MPH zone.
Gil Nickels car fits a similar situation, he's gone and it represents an overly large share of his widow's portfolio.

It's certainly a Perfect Storm of good cars hitting the block, Mr. G has commented several times about vehicles offered to him in private sale.

I can certainly see the reasons this years volumn is up, but this "up, up and away" may be a bit optimistic.....but then, I should have bought Goodyear at $3.99 a share...

 

+1 although be interesting to see if the street cars or the race cars (many now made road legal) end up being worth more long term?

 

thats a very good guess. Also, will anyone care what the original colors were since mcclaren will redo them at the factory for any new owner? Its going to be interesting...

To me one of the most interesting things is going to be how any carbon tubbed car is going to preserve...

Of course race cars that one will be worth more than ones that didn't... but how will a nothing race car fair against a good street car???

 

The car that won Le Mans will always be the top dog, then cars with good race history down to cars with dodgy race history, etc.

Not many people care about who the previous owners were unless it was a Beetle or somebody at that level.
Pete

 

Jim,

A friend of mine was one of the team in George Hurst's shop that built that thing. He knows all the guys who were involved and are still around.

Jack