|Gooding & Company's 2013 Scottsdale Auctions Realize $52.5 Million, up 31% from 2012|
| • Gooding & Company breaks an Arizona auction week record selling the 1958 Ferrari 250 GT LWB California Spider for $8.25 million|
• Seven cars sell above the $2 million mark and 12 cars sell above $1 million
• Sixteen World Records Realized for Best-of-Category Cars Sold
SCOTTSDALE, Az. (January 20, 2013) —Gooding & Company, the auction house acclaimed for selling the world's most significant and valuable collector cars, realized $52.5 million at its annual Scottsdale Auctions this weekend. The auction house sold 101 of 104 lots, resulting in a 97% sales rate and an impressive average price of $519,727 per car sold. With a 31% increase from last year's Scottsdale Auctions, these superb results demonstrate the increasing international demand for the rare, best-of-category collector cars that Gooding & Company specializes in bringing to market. 'With our significantly higher total for fewer cars sold at this year's Scottsdale Auctions, the 2013 season looks brighter than ever for the high-end collector car market,' says David Gooding, President and founder of Gooding & Company. 'In line with this market strength, we also continue to develop and improve as a company. The Gooding & Company team is proud to continue providing the best quality service and presentation possible.' The top-selling lot of the week, Friday's $8.25 million 1958 Ferrari 250 GT LWB California Spider, broke records for both a steel LWB California Spider and is the most valuable car ever sold in Arizona auction week's history. Its sale marks the sixth consecutive year the auction house achieved the top-selling lot during January's annual auction week. In addition, Gooding & Company sold six of the top 10 most valuable cars of all the houses this week. Power of Preservation and Limited Ownership All original, low-mileage preservation cars with limited-ownership history brought extraordinary results, sometimes doubling estimates for the best models. Examples include a 1956 Lancia Aurelia B24S Spider America that sold for $803,000 (estimate of $400,000 - $450,000), a 1965 Shelby 289 Cobra that sold for $1,320,000 (estimate of $850,000 - $1,100,000), and a 1956 Mercedes-Benz 300 Sc Cabriolet that sold for $825,000, doubling its estimate of $400,000 - $450,000. New owners of these rare, time-capsule cars are among very few in the world who can say they own cars of equal authenticity. American Top Sales On Saturday, the powerful and exceptionally well-documented 1969 Chevrolet Corvette L88 Roadster sold for $825,000, setting a new record for the model and raising the bar for American collector enthusiasts' ultimate big-block engine icon. Also, a 1941 Packard Custom Super-8 One-Eighty Sport Brougham sold well at $176,000 without reserve, surpassing its high estimate. Excellent examples of Duesenberg consistently bring in strong multi-million dollar sales such as the 1933 Disappearing-top Murphy Roadster that sold on Saturday for $2,695,000. Gooding & Company achieved 16 world records over the weekend: 1958 Ferrari 250 GT LWB California Spider (lot 30) at $8,250,000 A world record for a steel Ferrari 250 GT LWB California Spider at auction. 1959 Porsche 718 RSK (lot 112) at $3,135,000 A world record for a Porsche 718 RSK at auction. 1957 Maserati 150 GT Spider (lot 122) at $3,080,000 A world record for a Maserati 150 GT Spider. 1935 Mercedes-Benz 500 K Cabriolet A (lot 38) at $2,750,000 A world record for a Mercedes-Benz 500 K Cabriolet at auction. 1933 Duesenberg Model J Disappearing-Top Convertible Coupe (lot 116) at $2,695,000 A world record for a Duesenberg Model J Murphy Disappearing-Top Convertible Coupe at auction. 1938 Bugatti Type 57C Atalante (lot 25) at $2,035,000 A world record for a Bugatti Type 57C at auction. 2003 Ferrari Enzo (lot 45) at $1,485,000 A world record for a Ferrari Enzo at auction. 1995 Ferrari F50 (lot 8) at $1,375,000 A world record for a Ferrari F50 at auction. 1965 Shelby 289 Cobra (lot 135) at $1,320,000 A world record for a Shelby 289 Cobra at auction. 1957 Ferrari 250 GT Low-Roof Berlinetta (lot 139) at $836,000 A world record for a steel Ferrari 250 GT Low-Roof Berlinetta at auction. 1969 Chevrolet Corvette L88 Roadster (lot 128) at $825,000 A world record for a Chevrolet Corvette L88 at auction. 1947 Cisitalia 202 SMM Spider Nuvolari (lot 16) at $650,000 A world record for a Cisitalia at auction. 1973 Ferrari Dino 246 GTS (lot 14) at $506,000 A world record for a Ferrari Dino 246 GTS at auction. 1955 Porsche 356 Continental Cabriolet (lot 131) at $310,750 A world record for a Porsche 356 Continental Cabriolet at auction. 1965 Alfa Romeo Giulia Sprint Speciale (lot 132) at $198,000 A world record for an Alfa Romeo Giulia Sprint Speciale at auction. 1963 Studebaker Avanti R2 (lot 9) at $74,800 A world record for a Studebaker Avanti R2 at auction. Gooding & Company's Top 12 results from the Friday and Saturday Scottsdale Auctions: 1958 Ferrari 250 GT LWB California Spider; $8,250,000 (lot 30) 1959 Porsche 718 RSK; $3,135,000 (lot 112) 1957 Maserati 150 GT Spider; $3,080,000 (lot 122) 1935 Mercedes-Benz 500 K Cabriolet A; $2,750,000 (lot 38) 1933 Duesenberg Model J Disappearing-Top Convertible Coupe; $2,695,000 (lot 116) 1958 Ferrari 250 GT Coupe Speciale; $2,365,000 (lot 126) 1938 Bugatti Type 57C Atalante; $2,035,000 (lot 25) 1957 Mercedes-Benz 300 SL Roadster; $1,540,000 (lot 110) 2003 Ferrari Enzo; $1,485,000 (lot 45) 1995 Ferrari F50; $1,375,000 (lot 8) 1932 Alfa Romeo 6C 1750 Series V Gran Sport; $1,375,000 (lot 32) 1965 Shelby 289 Cobra; $1,320,000 (lot 135)
|1956 Argentine Grand Prix: Least in the Kingdom is GreaterSpeaking of the power of humility, the Bible says the least, within the context of the world, if they follow God's commands, shall be greater than those considered great. |
To say that Luigi Musso was the least within the kingdom of Scuderia Ferrari would be a terrible understatement. Having a reputation for caring more about his cars than those that pilot them, it was certainly true that Enzo held little place in his heart for his fellow Italian. However, in the Roman's very first Formula One....
| Scuderia Achille VarziIf success lay in a name then Scuderia Achille Varzi had more than enough opportunity to become one of the powerhouse teams in Formula One, at least in the series' early years. If success truly lay in a name then Scuderia Achille Varzi would also have no excuse for failure. However, Scuderia Achille Varzi offers proof that success does not lay in a name but in the talent and hard work of talented individuals within a team.|
Achille Varzi started out racing motorcycles when he was rather young a....
|Home again: the last Auto Union Type D twin-supercharger Silver Arrow returns to Audi• Audi Tradition buys back the second 'Karassik restoration' car |
• Auto Union Type D built in 1939, then lost in the USSR for many years
• Thomas Frank, Head of Audi Tradition: 'One of the most emotional moments in our heritage work for AUDI AG'
'This is one of the most emotional moments in our heritage work for AUDI AG – we have come full circle,' says Thomas Frank, Head of Audi Tradition. A few weeks ago, the car manufacturer was able to repurchase an extremely rare....
|Rare, International Selection of Automobiles Set To WOW Collectors at RM's London Sale This Month• Anticipation builds ahead of RM Auctions' central London sale, 31st October, 2012|
• Auction features an exceptional collection of more than 90 automobiles and two motorcycles selected from the world's finest makers
• Offering comprises a wonderful selection of the finest and rarest Italian, British and German marques, including Aston Martin, Bentley, Ferrari, Alfa Romeo, Mercedes-Benz and Porsche amongst others
• Complete digital catalogue available online at rmauctions.com
|Alfa Romeo Giulia TI Super stars at the ‘Winter Marathon 2013'The 25th edition of the 'Winter Marathon' will take place from 25 to 27 January at Madonna di Campiglio. This captivating reliability trial for historic cars is, owing to the number or participants and quality cars taking place, the third most important event in Italy, preceded only by the Mille Miglia and the Gran Premio Nuvolari. |
Against the splendid backdrop of the mountains of Trento, the public and fans will be able to admire the Giulia TI Super from the Alfa Romeo Historic Motoring col....
|RM Announces Early Highlights For Sale During the Concorso D'Eleganza Villa D'Este Weekend• RM Auctions returns to Cernobbio on Lake Como, Italy, on the 25th of May, for its biennial sale during the Concorso d'Eleganza Villa d'Este |
• Exclusive evening sale to a featured, elite, handpicked selection of approximately 40 blue-chip automobiles
• Early attractions include a superb 1962 Ferrari 400 Superamerica Coupe, a historically significant 1947 Cisitalia 202 MM 'Nuvolari' Spider, a delectable 1930 Bugatti Type 46 Superprofile Coupe, and a 1929 Rolls-Royce Phantom I Open Tourer wit....
|Grand Prix Circuits: Pau CircuitSome grand prix circuits just have a mythical status about them. Besides the drivers and great races, a lot of the equation comes down to how memorable the circuit truly is. In the case of the Pau Circuit, its sheer place in motorsport history and lore makes this tight, twisting circuit a true legend.|
From its very beginnings, Pau would be at the heart of travel and transportation. Situated in a rather deep valley with the Pyrenees mountains lending an imposing back-drop, the area that would ....
|Bonhams Banbury Run sale tops last year at £1.5 millionMotoring department's second visit of 2013 to Oxford saw strong prices achieved, with many lots selling well above estimate|
Auction total of £1.5 million topped 2012's £1.15 million achieved
The Bonhams sale of Collectors' Motorcycles and Motor Cars held in association with the Vintage Motor Cycle Club's Banbury Run on Saturday 15th June saw some 100 lots sold for a combined total of £1.51 million.
Strong prices were achieved for many of the vehicles on offer, with a number sold well ab....