$22.6 Million Aston Martin DBR/1 Sets Record For British Automobile At RM Sotheby's Monterey Sale

August 19, 2017 by RM Sotheybs

• Legendary 1956 Aston Martin DBR1, chassis 1, sells for $22,550,000 at RM Sotheby's Monterey sale

• DBR1/1 becomes most valuable British automobile ever sold at auction

• Friday night session generates sales in excess of $60,000,000

• RM Sotheby's Monterey sale continues Saturday, 19 August, led by the Ferrari Performance Collection, offered entirely without reserve

Monterey, California (18 August, 2017) – Tonight in Monterey, California, RM Sotheby's sold the legendary 1956 Aston Martin DBR1, chassis no. 1 (DBR1/1) for $22,550,000 (est. in excess of $20,000,000), setting a world record not only for an Aston Martin, but for any British automobile at auction. The historic price comes just a year after the benchmark was established at the equivalent sale in 2016 with the $21,800,000 1955 Jaguar D-Type. Two bidders competed for tonight's Aston Martin, in a contest that lasted nearly seven minutes, before a private collector bidding by telephone was successful.

The most correct example of what is arguably the most important Aston Martin ever produced, DBR1/1 carries a racing history that includes overall victory at the 1959 Nürburgring 1000 KM as well as the greatest names in motorsport, from Carroll Shelby to Jack Brabham, Roy Salvadori, and Sir Stirling Moss. The first of just five examples built by the factory between 1956 and 1958, DBR1/1 is the only example ever offered for public sale.

The DBR1 was part of the most significant group of Aston Martin competition cars to appear at auction. Other highlights included the 1959 Aston Martin DB4GT Prototype which fetched $6,765,000 after a contest between three bidders (est. $6,000,000/$8,000,000), as well as the highly competitive 2006 Aston Martin DBR9, which soared past estimate ($275,000 - $325,000) to achieve a final $616,000.

The Aston Martins led the first session of RM Sotheby's Monterey sale which generated sales of over $60,000,000. The auction continues Saturday, 19 August at the Portola Hotel & Spa, led by the presentation of the single-owner Ferrari Performance Collection, offered entirely without reserve. Official results will be available following the sale. For further information on the Monterey auction, please visit www.rmsothebys.com.

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About RM Sotheby's

RM Sotheby's (formerly RM Auctions) is the world's largest auction house for investment-quality automobiles. With more than 35 years' experience in the collector car industry, RM's vertically integrated range of services, from private treaty sales and auctions 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. In February 2015, RM formed a strategic partnership with Sotheby's, uniting the two companies for the full calendar of future automobile auctions. For further information, visit www.rmsothebys.com.