Hypercars, among the First Nikes Ever Made, and Michael Jordan Rookie Era Sneakers: The 'Dare to Dream' Collection Hits the Market

February 23, 2024 by RM Sothebys

Global Financier and Real Estate Investor Miles Nadal to Sell the Entirety of the 'Dare to Dream' Collection, Featuring over $60 Million in Shoes and Automobiles, through RM Sotheby's from 31 May to 1 June

• The 'Dare to Dream' collection, featuring over $60 million in automobiles and collectible sneakers, is set to be auctioned by RM Sotheby's from 31 May to 1 June 2024 in Toronto

• Curated by financier and investor Miles Nadal, the collection includes hypercars, iconic Ferraris, and over 800 pairs of rare sneakers, alongside sports memorabilia

• The auction will showcase over 100 cars, including the 'Big 5' Ferraris, a McLaren P1 in Gulf livery, and a Lamborghini Miura P400 SV, each a masterpiece of automotive engineering and design

• Features some of the most exclusive and sought-after sneakers, including early Nike models, Michael Jordan Rookie Era Sneakers, and limited editions like the Nike MAG with self-lacing technology

• Proceeds from the sneaker sale will benefit The Dare to Dream Foundation to empower youth through entrepreneurship

RM Sotheby's, the world's premier auction house for blue-chip collectable automobiles, is thrilled to announce the upcoming sale of the remarkable 'Dare to Dream' collection. This unparalleled auction event is scheduled to take place from 30 May to 1 June 2024 in Toronto, Ontario, Canada. In addition to the traditional live auction format, this event will also feature online elements, with the most significant items being sold onsite.

A dream remains a dream until one brings it into reality, and, in this case, the Dare to Dream Collection, also known as the D2D Collection, has done specifically that. Born from the desire to build a collection of icons, the D2D Collection is a curated assembling of the best of the best of automobiles and sneakers, along with a host of sports memorabilia and collectibles. Every item was meticulously selected to exemplify what is exemplary, including examples from the most storied, iconic automotive brands, like Ferrari, Mercedes-Benz, Porsche, and Ford, to the complete set of The Ultimate Sneaker Collection, consisting of 100 of the most sought-after and rarest sneakers.

The sale is scheduled for 30 May–1 June 2024, taking place in the collection's 17,000 square foot exhibition space located in the heart of Toronto, Canada. This event is conveniently set the week before the Formula 1 Grand Prix du Canada in Montreal, creating an ideal opportunity for a week-long getaway for car and racing enthusiasts.

The Cars:

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The Dare to Dream collection offers an exceptional array of over 100 meticulously maintained cars, along with an additional 40 vehicles that include dozens of motorcycles. This remarkable assemblage spans from classic Porsches and American stock cars to the world's most elusive hypercars, curated from one of the world's most prestigious private collections. Housed in a museum-like setting, offering a unique opportunity to own a part of history curated with unparalleled passion and dedication.

The Big 5 – Known collectively as the 'Big 5,' the most coveted, fierce, and rare modern Ferraris include the 288 GTO ($3,750,000 - $4,000,000), F40 ($2,750,000 - $3,250,000), F50 ($3,800,000 - $4,500,000), Enzo ($3,750,000 - $4,250,000), and LaFerrari ($3,850,000 - $4,250,000). Possessing all five models is the epitome of a dream collection for any collector. While owning any one of these magnificent machines is remarkable, having all five in a single collection is an achievement few can boast. These prancing horses, each a masterpiece in its own right, are undisputed highlights of the D2D collection.

2015 McLaren P1 (Estimate: $1,750,000 - $2,250,000) – A marvel of engineering, the McLaren P1 combines state-of-the-art technology with astonishing performance. This one-owner example is distinguished by a unique Gulf livery, tastefully extended into the cabin with a suite of McLaren Special Operation custom interior details, making it highly collectible in today's rare-spec hypercars era. Not just a testament to automotive excellence but a distinctive masterpiece, this P1's pioneering hybrid V-8 powertrain continues to deliver mind-blowing performance. Delivered new to the United States, this car had an impressive total retail price of $1,284,423 and is one of only 350 built.

1967 Ferrari 275 GTB/4 by Scaglietti (Estimate: $2,800,000 - $3,400,000) – Showcased in stunning Blu over a Beige interior, this model is one of the most iconic road-going Ferraris from Maranello. Its iconic silhouette features a gracefully elongated hood, streamlined contours, and robust wheel arches that embody Ferrari's design ethos. The four-cam engine, a first for a Ferrari road car, underscores its technological importance. Certified by Ferrari Classiche, this 275 GTB/4 retains its numbers-matching engine, gearbox, and bodywork and is one of the best examples to come to market in years.

1972 Lamborghini Miura P400 SV by Bertone (Estimate: $2,750,000 - $3,500,000) – The 1972 Lamborghini Miura SV, designed by Bertone, is a standout model as one of only 150 SV examples produced. This special-order SV boasts a 4.0-liter V-12 engine that delivers 385 horsepower. It features an updated chassis, suspension, and widened rear bodywork to accommodate a broader track. Impeccably restored in Rosso Corsa with a blue leather interior by one of Italy's premier restorers, it maintains its original, numbers-matching engine. Furthermore, both the front and rear clamshells, as well as the doors, are numbers matching. The car's documentation includes a highly valued Lamborghini Polo Storico Certificate of Authenticity. Previously owned by Jay Kay from Jamiroquai and showcased on Top Gear, this Miura SV is rapidly becoming one of the most coveted Lamborghinis worldwide. Finding a Miura SV in this condition makes it one of the most desirable examples available anywhere.

Simon Cowell's 2008 Bugatti Veyron 16.4 (Estimate: $1,500,000 - $1,750,000) – Renowned for its engineering brilliance,the Bugatti Veyron boasts an 8.0-liter W16 engine with 1,001 horsepower, achieving speeds over 250 mph. This luxury supercar melds high performance with a sleek design. Its uniqueness is accentuated by its previous ownership by British superstar Simon Cowell and its rare single-tone black paint job, distinguishing it from the more common two-tone Veyrons.

The Shoes:

Consisting of more than 800 pairs of sneakers, The Dare to Dream Collection represents the largest and most comprehensive sneaker collection ever to come to market. Featuring the most exclusive and coveted sneakers produced from the likes of Nike, adidas, Air Jordan, and more, the collection features designs by leading fine artists and musicians to genre-defining collaborations from the greatest athletes of all time, as well as some of the most sought-after limited edition drops in sneaker history. Amongst the highlights of the sale are an assemblage of sneakers true to the genesis of Nike's heritage, spanning key moments core to the brand, from an early pair of handmade racing shoes by Nike co-founder Bill Bowerman, the sneakers that launched the brand to fame—the ultra-rare and iconic 1972 Nike Moon Shoes—to a pair of original 1985 'Player Sample' Air Jordans cut to Michael Jordan's specifications and more.

As a dedicated philanthropist, Nadal will donate 100% of the proceeds from the sneaker portion of the sale to The Dare to Dream Foundation. This organization is dedicated to empowering youth through entrepreneurship, mirroring Miles' commitment to inspire the next generation of dreamers and doers.

Michael Jordan Autographed Player Exclusive Rookie Era Nike Air Jordan 1 Game Sneakers (in excess of $200,000)

The Vintage Originals from 1985 are in the Chicago Bulls white, black, and red—the Air Jordan 1 colorway that Michael Jordan wore the most often on the court. Produced between February to April 1985, Jordan wore Air Jordan 1s during an early, pivotal point of his career and thus catapulted the sneaker's popularity.

The Jordan exclusive features unique variations from the public release of the sneaker: MJ's are Mids, whereas Nike released only Highs and Lows to the public in 1985; the iconic Swooshes are longer, leaner, and more aggressive; and the pair is made from a different material and features red laces, varying from the public offering with only black and white laces.

In 1984, Michael Jordan's black and red shoes (Air Ships) became controversial after the NBA sent a letter to Nike in February of 1985 informing the company that Jordan's colorful shoes were a violation of the league's uniformity of uniform clause, and forbid Jordan from wearing them. Nike responded by creating an ad campaign around Jordan's banned shoes, remarking that while 'the NBA threw them out of the game, fortunately, the NBA can't stop you from wearing them.' The Air Jordan 1s were created in the wake of the famous banned Nike ad campaign, and established MJ as the league's leader in shoe style. The unparalleled sneaker became so popular and successful that Nike continued to make new signature Air Jordans each season. From the inception, Air Jordans have always been the pinnacle of sneakers, unmatched in their quality, craftsmanship, innovation, performance, and style.

1972 Nike Waffle Racing 'Moon Shoe' (in excess of $300,000)

The Nike 'Moon Shoe' is one of the most significant artifacts in the history of the multi-billion dollar athletic brand. One of only a small number of pairs known to exist, this Moon Shoe is a handmade running shoe, cobbled by Geoff Hollister, and designed by Nike co-founder and legendary Oregon University track coach Bill Bowerman. As the famous story goes, Bowerman was first inspired to create the innovative waffle sole traction pattern found on the brand's early running shoes by tinkering with his wife's waffle iron, pouring rubber into the mold to create the first prototype of the sole. The finished design of the traction pattern created better grip and cushion than most running shoes of the time, and the waffle sole was Nike's first major innovation as a brand. The 'Moon Shoe' got its name from the resemblance between the impression that the waffle pattern left in dirt and the famous tracks left on the moon by astronauts in 1969.

2011 and 2016 'Back to the Future' Nike Mags (in excess of $10,000 and $20,000—respectively)

The Nike MAG, which premiered in the 1989 sequel Back to the Future II, was instantly one of the most coveted—but unavailable—shoes in history. In 2011, Nike finally released 1,500 pairs to the public to benefit the Michael J. Fox Foundation for Parkinson's Research, which marked one of Nike's most popular releases.

Limited to just 89 pairs, the 2016 Nike MAG notably features self-lacing 'power laces' which Nike branded 'Adaptive Fit' technology, as prophesied in the 1989 film. An individually responsive system, 'Adaptive Fit' senses the wearer and tightens and loosens the sneakers according to the foot, bringing the design elements from Back to the Future to life.

Adidas Human Race NMD Pharrell x Chanel 'Karl Lagerfeld' (in excess of $20,000)

In 2017, 500 pairs of the adidas Human Race NMD Pharrell x Chanel were released at Colette, a Paris concept store. To this day, the release is extremely sought-after by collectors. This pair notably features 'KARL', an ode to Karl Lagerfeld in place of the Chanel branding on the right shoe.

'Derek Jeter' Air Jordan 11 Retro Premium (in excess of $15,000)

During his storied 20-year career with the New York Yankees, shortstop Derek Jeter solidified himself as one of the greatest players in Yankees franchise history, becoming a five-time World Series Champion, five-time Gold Glove recipient, and a 14-time All-Star, not to mention serving as the team captain.

In 2017, 3 years after Jeter's final season in Major League Baseball, Jordan Brand commemorated the Hall of Famer with one of their own legendary silhouettes: the Air Jordan 11. Designed by Tinker Hatfield, the Air Jordan 11 originally released in 1995, the same year that Derek Jeter entered MLB.

The sneaker features 'Yankee Blue' premium suede throughout the upper of the shoe, a white midsole, and the iconic Air Jordan 11 translucent outsole. Both Jordan Brand and Derek Jeter branding can be found on the shoe's tongue, heel, and insoles.

The release was limited to just five pairs worldwide, and only available through a scratch-off lottery at a pop-up near Yankee Stadium. The pop-up took place on 14 May 2017, the day of Jeter's jersey retirement ceremony.

A Collection of Friends and Family Travis Scott Air Jordans (in excess of $15,000)

Travis Scott and Air Jordan collaborations are some of the most coveted in today's sneaker landscape. Within the auction, there are three pairs of rare Travis Scott x Jordan Friends and Family exclusives that were never released to the public.

Quotes:

'I've known Miles for a long time, and many of the cars were acquired through RM Sotheby's over the years, while others contributed to building the shoe and memorabilia aspect of his collection. Miles has consistently selected only the finest examples for the D2D collection, sparing no expense in finding these vehicles—they are in amazing condition, truly museum-quality. Being a part of this collection for nearly 20 years has been an incredible experience, and it's only fitting that RM Sotheby's now offers the D2D collection to the public. As one of the most valuable private collections we've ever handled, this represents a significant moment for us.' – Gord Duff, RM Sotheby's Global Head of Auctions

'Assembling the Dare to Dream collection has been a passion project from the very beginning, and it has been an immense privilege to unite the finest in both automobiles and sneakers. Realizing this lifelong dream has filled me with gratitude for the incredible individuals I've encountered and the community I've fostered throughout my journey as a collector and curator. Now, as I transition into a new chapter of my life, it's time to pass this joy onto other enthusiastic collectors. From the outset of curating the collection, I was aware that one day it would be sold, with the proceeds designated for the Dare to Dream Foundation, which is committed to empowering youth through entrepreneurship.' – Miles Nadal

'There has been a rapid growth in the market for sneakers and collectibles in recent years, with a great demand from collectors who are willing to go the extra distance to acquire the best of the best in this field. Miles Nadal is one of those supremely passionate collectors who embodies this mindset, and appreciates the role of sneakers as cultural artifacts. The depth, quality and condition of Mr. Nadal's collection is truly unparalleled, and will no doubt ignite interest from a broad spectrum of sneaker-heads and those looking to acquire one-off historical artifacts.' – Brahm Wachter, Sotheby's Head of Modern Collectibles

About RM Sotheby's

RM Sotheby's is the world's largest collector car auction house by total sales. With over 40 years of proven results in the collector car industry, RM's vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby's is currently responsible for eight of the top ten most valuable motor cars ever sold at auction.