|RM Auctions at the Monaco Historics|
|RM Auctions, the world's largest collector car auction house for investment-quality automobiles, continued its record-breaking sales run in Europe this past weekend, generating a spectacular €33,521,710 in sales* ($43,410,615 million USD**) with 86 percent of all lots sold at its biennial Monaco sale at the Grimaldi Forum. Held during the same weekend as the Grand Prix de Monaco Historique, the two-day auction presented a magnificent collection of more than 90 blue-chip automobiles, 100 Ducati motorcycles and three boats. As many as ten motor cars achieved individual prices exceeding €1 million, with four lots surpassing €2 million. In addition, the sale boasted several new all-time records for a number of specific cars and motorcycles sold at a public sale. The spectacular results rank the sale as one of the most successful collector car auctions ever staged in Europe as well as RM Europe's highest grossing sale to date, eclipsing the strong results achieved by the Company at both its debut sale in Monaco in 2010 as well as the highly successful 2007 Ferrari Leggenda e Passione event. Illustrating RM's extensive international client base, bidders hailed from 33 countries around the world, including as far away as China, Brazil and the United Arab Emirates. 'Monaco 2012 has been a fantastic success. With in excess of 33.5 million sold, this sale rates as one of Europe's highest grossing collector car sales of all time and most certainly the highest grossing collector car auction in Europe this year. Once again, RM has proved itself to be the preeminent force in the collector car auction scene,' says Max Girardo, Managing Director, RM Europe. Reinforcing RM's reputation as the global leader in the presentation of important and historic Ferraris at auction, examples from the Modenese Prancing Horse dominated the top seller's list. In total, the sale lifted the gavel on 22 different examples spanning over 60 years of production. Headlining the group was the exceptionally rare, one of two 1957 Ferrari 625 TRC Scaglietti Spiders, chassis 0680 MDTR, which was offered for sale the first time in 30 years. The rarest of all TRs produced, 0680 MDTR attracted spirited bidding in the room and on the phones, selling for a remarkable €5,040,000, a record for the model. Another wonderful Ferrari competition car entering the history books was the 1952 Ferrari 225 Sport Spyder 'Tuboscocca', chassis 0192 ET, one of only 12 Vignale Spyders produced, which realized an incredible €2,520,000 to establish a new world record for a 225 S sold at auction. The historically significant 1966 Ferrari 206 S Dino Spyder, chassis 006, also drew fierce bidding to achieve the same sales price of €2,520,000. Other Ferrari highlights included the 1971 Ferrari 365 GTS/4 Daytona Spyder, chassis 14415, one of only 18 European-specification, LHD examples for €1,008,000; the Ferrari F1-2000 Racing Car, chassis 204, raced by Michael Schumacher on his way to the 2000 Driver's Championship for €806,400; and, the highly anticipated 1953 Timossi-Ferrari 'Arno XI' Racing Hydroplane for €868.000, a record for a Hydroplane sold at auction. In addition to the Ferraris, Alfa Romeos performed extremely well at RM's Monaco sale with two highly coveted Tipo 33 sports racing cars selling for record prices. The hotly contested1969 Alfa Romeo Tipo 33/3 Sports Racer, chassis 105 800 23, built and raced by Autodelta, well surpassed its pre-sale estimate selling for an all-time record sum of €1,232,000. The ex-Nino Vaccarella, Teodoro Zeccoli 1968 Alfa Romeo Tipo 33/2 'Daytona', chassis 75033.029, also sparked enthusiastic bidding, achieving an impressive €1,008,000. In a sale led by a terrific series of competition cars, another highlight joining the top seller's list was the 2007 Peugeot 908 V-12 HDi FAP Le Mans Racing Car with its incredible diesel engine which took the car to several victories in the 2007 season. Offered directly from the Peugeot family, it achieved a record price of €1,680,000, the highest price ever paid for a Peugeot at auction. The auction also saw RM join forces with luxury Swiss watch manufacturer Blancpain and classicdriver.com for the presentation of the 2007 Lamborghini Gallardo LP600 GT3 Racing Car which was campaigned successfully last season by Mark Hayek, the President and CEO of Blancpain. Following a visit from H.S.H. Prince Albert II of Monaco to inspect the car the morning of the sale, it later sold in front of a packed house for a strong €155,000, almost double its pre-sale estimate,, with 100 percent of proceeds benefitting the Monaco Association against Muscular Dystrophy. RM Monaco lots exceeding €1 million: Lot 321 – 1971 Ferrari 365 GTS/4 Daytona Spyder- €1,008,000 Lot 333 – 1968 Alfa Romeo Tipo 33/2 'Daytona'- €1,008,000 Lot 345 - 1957 Ferrari 625 TRC Scaglietti Spider - €5,040,000 (world record for a 625 TRC at auction) Lot 353 – 1936 Mercedes-Benz 540 K Sport Cabriolet A- €2,324,000 Lot 357 – 1996 Ferrari 206 S Dino Spyder- €2,520,000 Lot 362 – 1952 Ferrari 225 Sport Spyder 'Tuboscocca'- €2,520,000 (world record for a 225 S at auction) Lot 367 – 1948 Ferrari 166 Inter Spyder Corsa- €1,010,000 Lot 373 – 1969 Alfa Romeo Tipo 33/3 Sports Racer- €1,232,000 (world record for an Alfa Tipo 33 at auction) Lot 382 – 2007 Peugeot 908 V-12 HDi FAP Le Mans Racing Car- €1,680,000 (world record for a Peugeot at auction) Lot 385 – 2006 Ferrari FXX Evoluzione- €1,338,400 As a prelude to the automobile offering, RM hosted its first full -day motorcycle sale on 11 May which celebrated the Ducati brand and featured the world-famous Carlo Saltarelli Collection. The 96 lots represented a cross section of Ducati's history, headlined by the 1972 Ducati 750 Imola 200 Corsa Replica for €70,200. For Ducati enthusiasts, the sale also featured a unique opportunity to purchase two factory Desmosedici GP machines, which set new, all-time world records for Ducati motorcycles sold at auction. The race-winning GP10 machine raced by world champion Casey Stoner in the 2010 season, achieved an incredible sale price of €251,550 while the 2011 season GP11 bike raced by the legendary Valentino Rossi, made an equally impressive €235,200. This was the first time the Factory Ducati Corse racing department had offered such bikes directly to auction, and the sale represented a unique opportunity to collectors. 'We are very happy for the two new owners of these precious, high-tech racing motorcycles. It was great experience working with the RM team and to see that the bikes generated so much attention and interested bidding from collectors around the world,' commented Diego Sgorbati, Ducati Motor Holding spa following the sale. Girardo added, 'The addition of motorcycles to our Monaco sale represents RM's versatility in the marketplace. Any motorcycle sale that achieves in excess of one million euros and which also sees significant records tumble, can only be judged as a fantastic success. In addition, the sale enabled us to successfully reach a new audience of buyers, with thirty-four percent of bidders at the sale representing first-time clients.' RM's next European auction, the Aalholm Automobile Collection featuring 175 vehicles offered 'without reserve', will be held 12 August in Southern Denmark, followed by RM's highly anticipated UK sale at Battersea Evolution in central London, 31 October. • RM Auctions achieves more than €33.5 million in sales with 87 percent of all lots sold at its Monaco sale, May 11 - 12 • Two-day auction represents RM's highest grossing auction to date in Europe • Top seller: 1957 Ferrari 625 TRC Spider, one of just two built, achieves a record €5,040,000 • Ten lots exceed €1 million with four lots surpassing €2 million • Motorcycle offering headlined by 2010 and 2011 Ducati factory grand prix machines • Clients hail from 33 countries around the world; 34 percent of bidders represent first time clientele *Results are inclusive of 12% buyer's premium for automobiles / boats and 17% for motorcycles. **Exchange rate used €1 = $1.295 USD|
|8th Grand Prix de Monaco Historique|
The annual Monaco Grand Prix Formula One event, held on the Circuit de Monaco, began in 1929 and has become one of the most prestigious automobile races in the world. The narrow streets of Monaco serve as the temporary 2.075 mile track, featuring tight corners, elevation changes, and even a tunnel. Today, drivers still navigate the uphill climb to Casino Square, before turning down to Mirabeau and the Loews Hairpin, before entering the famous tunnel that runs into the harbor-side chicane, a notorious spot for accidents. From there, drivers sprint past many of the harbor's large yachts toward L....
|MY YACHT™ CONCOURS MAKES WAVES IN MONTEREYLos Angeles, CA August 21st, 2014 – In a busy automotive week full of parties held in houses, tents, and parking lots, My Yacht Group's Concours event created a uniquely prestigious evening aboard Motor Yacht Acania, the 136-foot superyacht originally commissioned by Al Capone in 1929. Moored in Breakwater Cove Marina for the second year, the cream of the motoring world, discerning HNW guests, Olympic athletes , and distinguished brand partners led by Vontobel Swiss Wealth Advisors AG en....|
|Postwar Ferrari Named Best of Show at 2014 Pebble Beach Concours d'Elegance1954 Ferrari 375 MM Scaglietti Coupe Named 'Best of Show'|
PEBBLE BEACH, Calif. (August 17, 2014) -- Excited cheers echoed across the 18th fairway of Pebble Beach Golf Links Sunday when a 1954 Ferrari 375 MM Scaglietti Coupe was named Best of Show at the 64th annual Pebble Beach Concours d'Elegance. The car, owned by Jon Shirley of Medina, Washington, was the first postwar car to take the top award at the prestigious event in nearly five decades. It was also the first Ferrari to win.
|Gooding & Company's Pebble Beach Auctions Saturday Sale Realizes More Than $60.4 Million• 17 cars sell above the $1 million mark|
• 10 new auction records set for marques including Ferrari, Aston Martin and Mazda
Pebble Beach, Calif. (August 17, 2014) – Gooding & Company, the official auction house of the Pebble Beach Concours d'Elegance®, realized more than $60.4 million during the first of its two evening auctions at Pebble Beach this year. Celebrated for its world-class automotive auctions and record-breaking results, the auction house sold 59 of 64 lots....
|ROLEX MONTEREY MOTORSPORTS REUNION : LA DOLCE VITAThere is a direct translation for 'the good life' in just about every language, and today la dolce vita pervaded the air at practice sessions for the Rolex Monterey Motorsport Reunion where Italian car manufacturer Maserati, celebrating its 100th anniversary, is this year's distinguished marque. Nearly 550 authentic and historic race cars, split into 15 different competition groups, roared through the turns and straights of Mazda Raceway Laguna Seca, warming up for weekend racing that will dete....|
|JD CLASSICS AT THE SILVERSTONE CLASSIC◾JD Classics entered four cars into the Silverstone Classic, one of the world's biggest classic motor racing festivals|
◾The line-up featured JD Classics' 1974 Cologne Capri Works, 1959 Costin Lister and 1954 Cooper T33 Jaguar
◾There were class wins for the Cologne Capri Works plus an excellent second place for the Costin Lister
◾In 2014, JD Classics has now scored victories at the Monaco Historique, Goodwood 72nd Members' Meeting, Donington Historic Festival and Snetterton Autosport Three Hou....
|AUDI STARTS SECOND HALF OF DTM SEASON WITH BIG AIMS◾Sights set on clinching first win of the season at Spielberg (Austria)|
◾Audi driver Mattias Ekström in striking distance of top of the standings
◾Dieter Gass, Head of DTM: 'In good position to attack'
Ingolstadt, July 28, 2014 – In the DTM, Spielberg stands for thrilling races and enthusiastic fans in a beautiful setting. Next weekend (August 1 to 3) the circuit in Styria is to become the venue of the Audi squad's first victory this season. Motorsport fans will get to watch the qual....
|VETTEL AND RICCIARDO PREVIEW THE HUNGARIAN GRAND PRIXSebastian Vettel|
I like the race and atmosphere at the Hungaroring and have good memories of the races there. Even though I have never won in Budapest, it is still on my to do list. It is quite a slow track but also one that can catch you out. It has some tight, twisty corners and is quite a bumpy track, so you cannot underestimate it. It is normally hot in Hungary for the race, which makes it a challenge to drive, but also makes a nice weekend for the fans watching. I really like the s....