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Archive for the ‘auctions’ Category

PostHeaderIcon Five Awesome Vehicles from Barrett-Jackson’s 2017 West Palm Beach Auction

The Barrett-Jackson auction recently went down in West Palm Beach, Florida, and while the auction of the first-ever 2018 Chevrolet Camaro ZL1 1LE was my main focus, there were plenty of other vehicles that fought for my attention. For two days I walked the 100 acres of the South Florida Fair Grounds looking at iron from every decade in motoring history. There were old Rolls Royces, Mercedes, and even a few Ferraris. Just feet away were iconic American muscle cars with hot-cammed V-8 thumping out unburned hydrocarbons and more than a few classic pickups and SUVs.

Of course, you know Barrett-Jackson is one of the largest traveling auctions in the country. It hammers bids on thousands of classic vehicles every year, some with million-dollar price tags. Barrett-Jackson visits locations including the Northeast, Las Vegas, Scottsdale, and obviously West Palm Beach, each year. The auctioneers, staff, and equipment all travel. The vehicles are generally more regional, with tons of locals and residents of nearby states looking to sell their stuff. The variety is nearly limitless.

Also limitless is my taste for history and cars. Combine the two, and I’m lost in a dizzying whirlwind of want and desire. Sadly, I wasn’t registered to bid (my wife might say thankfully). That didn’t stop me from looking, though, and look I did! Here are my five favorite vehicles from the auction.

Continue reading for the list


PostHeaderIcon Did Trump's Name and Previous Ownership Condemn this Ferrari F430?

Back in 2007, Donald Trump spent a little bit of cheddar on himself and purchased a 2007 Ferrari F430 F1 Coupe. You’ve got to hand it to the man for having good taste, and it could be the only president-owned Ferrari in existence, but when it rolled across the auction block this weekend, it failed to sell, falling $10,000 short of the $250,000 reserve.

All told, it’s a fine example. It’s got that 4.3-liter V-8 with 490 horsepower and 343 pound-feet of torque. It was purchased brand new by Donald Trump, as shown by the original title that has his signature. With just 6,000 miles on the clock and a history of being service by Ferrari-Maserati of Long Island, everything seems as kosher as possible, right? Well, despite the car’s history, being cared for properly, and coming with not only the original title and window sticker, it still rolled off the auction block unsold. Does it prove that even car enthusiasts and collectors hate our newest POTUS?

Maybe not…

See, it rolled off the block unsold, but hours later, it was sold in a private sale for $270,000, as reported by Auctions America. There aren’t any details available at this point outside of that, but it looks like it did find a new home at the last minute.

Keep reading for the rest of the story


PostHeaderIcon It Wasn't Neccesarily the First off the Line, but it is the First Hardtop Mustang to Receive a VIN

Back when Ford set out to build the 1965 Mustang, there were around 180 pre-production examples built to help set up production lines and make appearances here and there. Most of those cars have since disappeared into history, but the one you see here has managed to survive. It wears serial No. 00002 and is said to have come after a convertible that wore the serial No. 00001. There’s no way to say for sure if it was actually the first hardtop to roll off the pre-production line, as Ford didn’t necessarily build vehicles in sequential order back then, but it was the first production hardtop Mustang to receive an official VIN: 5F07U100002.

The car started out life in Ford’s Allen Park assembly plant along with the other pre-production examples but was eventually sent off to the Dearborn plant where it was finished and assigned the aforementioned VIN. IT was supposed to end up at Brown Brothers Ford in Canada but ended up at Whitehorse Motors in the Yukon Territory where it was used as a demo car before being sold to a customer in the spring on 1965. The car has had 13 owners since new but was eventually purchased by Mustang historian Bob Fria, who took the time to restore the car to its original condition.

By that, I mean that the car is finished in the original Caspian Blue with a Blue crinkly vinyl interior. It has 13-inch wheels, and a 170 cubic-inch six-cylinder that has the proper date code, and a three-speed manual transmission. The car has since been displayed at Ford World Headquarters during the brand’s 100th-anniversary celebration and has even been photographed with Lee Lacocca. There’s no telling how much this Mustang will actually sell for at auction, and Mecum doesn’t even give an estimate. But, considering its rarity and the story behind it, it could very well go for a hefty sum when everything is said and done.

Continue reading for the full story.


PostHeaderIcon These Are The High-Dollar Dream Rides That'll Hit The Block At The Amelia Island Auctions This Weekend

While those of us residing at higher latitudes and altitudes are still feeling the chill of winter (we just got 3 feet of fresh snow up here in Northern California), the weather is starting to warm up further south at sea level. As such, some folks are bringing out the metal for a little show and shine action, starting with the Amelia Island Concourse d’Elegance in Florida. Scheduled to take place March 9th through the 12th, 2017 marks the 22nd running of the event, and includes several top-dollar lifestyle events, celebrity appearances, parties, and of course, the associated elegance competition. However, one of the biggest draws for car collectors is the incredible line-up of high-end auctions, with some of the most rare, beautiful, and downright expensive autos in existence hitting the block to exchange hands for vast quantities of money. Watching the hammer fall on some of these machines could be considered a spectator sport, like a battle of the bank accounts where he with the most zeroes wins.

To find each of these entries, we looked to the catalogues of Bonhams, Gooding & Company, and RM Sotheby’s for some of the most enticing, elusive, and cash-crushing rides we could find. But we wanna know – given the opportunity, which would you have, and why do you think they’re worth so damn much?

Continue reading for the full story.


PostHeaderIcon Steven Tyler's Hennessey Venom GT Spyder Fetches A Load In Auction

Steven Tyler has finally found a buyer for his Hennessey Venom GT Spyder. The front man of Aerosmith, who bought the first production Venom GT Spyder back in 2012, is now parting with his history-making supercar after the Venom GT Spyder fetched a cool $800,000 at the Barrett-Jackson auction in Scotsdale, Arizona over the weekend.

In addition to taking ownership of the 1,200-horsepower supercar, the winning bidder also gets a guitar signed by Tyler and his Aerosmith bandmates to go with a week’s vacation at the rock icon’s beach house in Maui. Not a bad deal, all things considered.

The guitar and the vacation are nice dressings, but the real highlight here is the Venom GT Spyder, which Tyler paid $1.1 million for back in 2012. It’s one of only five models that Hennessey built for the 2013 model year and it’s the very first convertible version of the American company’s supercar-slaying Venom GT supercar. Beyond the fact that it can spit out 1,200 horsepower and 1,155 pound-feet of torque, the Venom GT Spyder is capable of hitting 0 to 60 mph in just 2.7 before peaking at an insane top speed of 270 mph. Record or not, that’s speed that’s going to make the new owner’s teeth melt.

All things considered, the $800,000 winning bid is going to a worthy cause as all proceeds from the auction of the Venom GT Spyder is going to Tyler’s own charity, Janie’s Fund, which helps support abused and neglected women. The final amount may not have approached the $1.1 million that Tyler was looking to get from the sale, but the amount is still significant enough to help out the beneficiaries of the auction.

Continue after the jump to read the full story.


PostHeaderIcon Steven Tyler's Hennessey Venom GT Spyder Fetches A Tidy Sum Auction

Steven Tyler has finally found a buyer for his Hennessey Venom GT Spyder. The front man of Aerosmith, who bought the first production Venom GT Spyder back in 2012, is now parting with his history-making supercar after the Venom GT Spyder fetched a cool $800,000 at the Barrett-Jackson auction in Scotsdale, Arizona over the weekend.

In addition to taking ownership of the 1,200-horsepower supercar, the winning bidder also gets a guitar signed by Tyler and his Aerosmith bandmates to go with a week’s vacation at the rock icon’s beach house in Maui. Not a bad deal, all things considered.

The guitar and the vacation are nice dressings, but the real highlight here is the Venom GT Spyder, which Tyler paid $1.1 million for back in 2012. It’s one of only five models that Hennessey built for the 2013 model year and it’s the very first convertible version of the American company’s supercar-slaying Venom GT supercar. Beyond the fact that it can spit out 1,200 horsepower and 1,155 pound-feet of torque, the Venom GT Spyder is capable of hitting 0 to 60 mph in just 2.7 before peaking at an insane top speed of 270 mph. Record or not, that’s speed that’s going to make the new owner’s teeth melt.

All things considered, the $800,000 winning bid is going to a worthy cause as all proceeds from the auction of the Venom GT Spyder is going to Tyler’s own charity, Janie’s Fund, which helps support abused and neglected women. The final amount may not have approached the $1.1 million that Tyler was looking to get from the sale, but the amount is still significant enough to help out the beneficiaries of the auction.

Continue after the jump to read the full story.


PostHeaderIcon Porsche 911 R Steve McQueen Tribute Edition

The Porsche 911 R caused quite a stir when it made its debut at the 2016 Geneva Motor Show back in March. It was, in a lot of ways, the 911 variant that Porsche purists had been clamoring for. It may not be the fastest and most powerful variant of the 911 – take a bow 911 Turbo S, that’s still you – but in terms of pure driving pleasure, the 911 R holds a backseat to no one. Alas, Porsche only released 1,000 units of the special edition 911 R and you’d be hard-pressed to find one in the market today. Fortunately, one of the original owners of the 911 R has decided to make it even more special by turning it into a personal tribute to Steve McQueen and sending it back to the German automaker to have it auctioned. And so, here it is, the 911 R Steve McQueen Tribute, a one-off creation that pays homage to arguably one of the most iconic Hollywood leading men and professional racer in history.

The super exclusive 911 R comes with a host of unique features, not the least of which are specific details attributed to McQueen himself. It also gets a lot of love from Porsche Exclusive with the myriad of options and accessories that were given to it. Suffice to say, this unique 911 R Steve McQueen Tribute was designed to be a legitimate one-off. About the only downside, if you can even call it that, is that it doesn’t receive any power enhancements. Would’ve been nice to have more power to play with for a true and legitimate driver’s car.

Oh, and don’t expect the 911 R Steve McQueen Tribute to come cheap. It’s unclear if it can fetch the same $184,900 price tag of a brand new 911 R since it already has a previous owner. But taking into account its one-off exclusivity and the name attached to it, I expect this particular 911 R to breeze past the $200,000 barrier when it’s auctioned off by RM Sotheby’s on February 8, 2017. The good news is that 25 percent of the car’s auction price above its €25,000 ($26,120) minimum reserve will be given towards research for curing cancer in children.

Continue after the jump to read more about the Porsche 911 R Steve McQueen Tribute.


PostHeaderIcon Jaguar F-Pace Designer Edition

Automakers have always put particular importance on charity auctions. Not only is it good publicity for the brand, it also provides these companies with opportunities to make some form of contribution for the benefit of others. At one point or another, a car brand has gone the charity auction route to help raise money and awareness for a cause, and the latest to do so is Jaguar, which presented a unique F-Pace SUV that ultimately raised £102,500 ($127,920) at the annual Ben Ball in the U.K.

The SUV is officially known as the F-Pace Designer Edition, a title it was given because of the particular involvement of Jaguar’s famous head designer Ian Callum. It could as well have been called the F-Pace Ian Callum Edition too because, according to Jag, Callum himself was responsible for all of its bespoke appointments, which covers certain sections of its exterior and interior.

Seeing as how well-dressed the standard F-Pace already is, the Designer Edition is a next-level upgrade that adds extra splashes of shine into the SUV’s overall make-up. The fact that it’s also based on the range-topping F-Pace S variant means that it not only looks the part of a special edition SUV, it also performs like one.

The one-off F-Pace Designer’s Edition fetched a pretty impressive price at the Ben Ball auction given that the F-Pace S comes with a starting price of $57,700. Sadly, Jaguar has no plans to build any more F-Pace Design Editions after the one that was auctioned off at the Ben Ball. Those who got priced out at the auction can take comfort though since Jaguar appears to still have units of the F-Pace First Edition available in the U.K. That’s a good alternative, as are the myriad of options and accessories that the automaker is offering for the SUV in the first place.

Continue after the jump to read more about the Jaguar F-Pace Designers Edition.


PostHeaderIcon Would You Pay $7 Million For A Ferrari LaFerrari That Wasn't Supposed To Exist?

It’s a fairly straight-forward question to ask, especially if you’re aware that a “standard” Ferrari LaFerrari costs “only” $1.4 million. Regardless of your willingness (or apprehension), some deep-pocketed fellow evidently didn’t mind shelling out $7 million for a car that Maranello built to raise funds for the victims of the deadly earthquake that rocked Central Italy back in September 2016.

The highly anticipated auction for the 500th LaFerrari took place during the Ferrari Finali Mondialia event at the Daytona International Speedway in Daytona Beach, Florida and as far as hype goes, the bidding war for the one and only LaFerrari model that can lay claim to not being part of Ferrari’s initial 499-unit production run for the hypercar was chalk full of drama.

The auction for the hypercar was handled by RM Sotheby’s and bidding took well over 10 minutes as people desperately tried to squeeze out as much of their allocated funds for the car as they could into their bids. The fact that the auction was also open to phone and absentee bids also added to the collective drama on who would end up with the sought-after hypercar. When the dust settled, the $7 million bid for the 500th LaFerrari was more than enough to hold off the competitive field, and in doing so became the most expensive 21st-century-produced vehicle in history.

Not surprisingly, Ferrari didn’t divulge the identity of the winning bidder. Not that it should, especially if the proud, new owner of the 500th LaFerrari wants to enjoy his new prized hypercar in private. The good news is that the $7 million he’s now on the hook for the limited edition LaFerrari will go to a cause that’s going to make a lot of people’s holiday season a little bit better.

Here’s to hoping that everyone, Ferrari included, got what they wanted from this record-setting auction.

Continue after the jump to read the full story.


PostHeaderIcon Prepare Your Checkbooks If You Want To Get The Final Production Ferrari LaFerrari

Ferrari CEO Sergio Marchionne announced last September that the Italian automaker was building a 500th example of the Ferrari LaFerrari that would eventually be auctioned off to benefit the victims of the massive earthquake that devastated Central Italy. No details were given then on the when and where of the auction, but now, the information’s out.

The 500th and last production Ferrari LaFerrari will auctioned off by RM Sotheby’s on December 3 during the Ferrari Finali Mondialia event at the Daytona International Speedway in Daytona Beach, Florida. The event is being organized by the auction house, in partnership with the National Italian American Foundation’s Earthquake Relief Fund.

Is now the time to remind all of you to prepare those checkbooks? I can’t be certain, but seeing as this particular LaFerrari will go down in Ferrari history as the “LaFerrari that wasn’t supposed to exist,” it’s going to fetch a lot of money from collectors looking to score one of the most famous LaFerraris in the model’s entire lineup.

In addition to being the fastest and most powerful Ferrari in history, the LaFerrari is historic for a number of other reasons, not the least of which is its status as the first Ferrari to utilize a hybrid powertrain. That status is afforded to all 500 LaFerraris, but only one can lay claim to not being part of the automaker’s planned first production run.

That one Ferrari LaFerrari will go under the hammer this Saturday in Daytona Beach, Florida. Here’s what I do know: don’t expect this LaFerrari to be sold for the price of any of the “standard” models. Nope. $1.3 million may have gotten you any of the 499 LaFerrari models before it, but seeing as this is the 500th production model, don’t expect it to fetch for anything less than $2 million, and that may even be a conservative estimate.

Continue after the jump to read the full story.


PostHeaderIcon This Tesla Roadster Prototype Could Be Yours For $1 Million

Valued at more than $4 billion, Tesla Motors is among the 100 most valuable brands in the world as of 2016. This spectacular achievement is the result of the success the company had with the Model S and Model X, but it’s also due to the massive investments the company made to create innovative technology that made owning an electric car a much simpler experience. With Tesla experiencing its greatest period yet, some owners are now trying to make a few extra bucks off the company’s increasingly popular name. Specifically, someone listed an early Tesla Roadster prototype on eBay for no less than $1 million.

The vehicle in question was built in 2008 and based on its VIN, is the 32nd Roadster ever made. This makes it one of approximately 33 prototypes built, some of which were destroyed for crash testing. Not only rare, the electric drop-top also features the early gear shift knob not found on most production model and it’s in tip-top condition, with just 18,100 miles on the clock.

Now with its third owner, the Roadster is registered in California and it’s in perfect working condition with a battery range of about 160 miles. The owner claims to have detailed service records, including documentation from when the power module replaced by Tesla’s service center, and says that this specific model was originally used as a marketing vehicle. The car comes with a hard top, soft top, portable charger, and 240V wall charger.

The ad will expire Monday, October 17, unless someone actually pays one million bucks. The “Make Offer” button suggests that the owner is willing to negotiate.

Continue reading for the full story.


PostHeaderIcon This 12-Year-Old British Sedan Is Arguably the Lowest-Mileage Car You Can Buy

It’s not uncommon for automobile auction events to trade low-mileage cars, both vintage/classic or of more recent production, but this year’s Classic Car Auctions sale at the Warwickshire Exhibition Center will probably go down in history for selling the lowest-mileage used vehicle. The car in question is a 2004-model-year MG ZT that has only three miles on the clock after its owner placed it into storage as soon as he bought it 11 years ago.

Making the story that much more interesting is the fact that the MG ZT is by no means a valuable collectible. Introduced in 2001 as a development of the Rover 75, the ZT was produced only until 2005, when MG Rover went bankrupt and was purchased by Nanjing Automobile of China. Offered in both sedan and wagon body styles, it was the company’s then-largest model and was sold with a selection of four-cylinder engines, a V-6, a BMW-sourced diesel, and a V-8 borrowed from the Ford Mustang.

The current owner purchased the car in 2005 from a dealer that was selling the ZF at half price and it was delivered to his farm just outside the Silverstone race track with only one mile on the odometer. After driving for just two miles along the driveway, he decided to put it into storage, keeping it in a heated garage, in a Carcoon and later in a Car Bag for all these years. Preserved beautifully and with only three miles on the clock, the owner believes that this is the best condition and lowest mileage MG Rover in the world.

I think that it could actually be lowest used car in the world of any marques, but there’s no simple way of proving it.

Classic Car Auctions estimated that the sedan will fetch between £8,500 and £10,500 (about $11,300 to $13,950) when it goes under the hammer on September 24, 2016. Needless to say, that’s not a lot for a car with just three miles on the odo, but a decent amount given that the car itself is far from being a collectible.

Continue reading for the full story.


PostHeaderIcon Ford Falcon Squire Wagon

Mostly known as Australia’s longest-running nameplate (set to be discontinued at the end of 2016), the Ford Falcon also had a North American sibling for a full decade. It was introduced in 1960, alongside the Australian model, but while its cousin from Down Under soldiered on for more than five decades, the U.S.-spec version was discontinued in 1970.

Although short-lived, the Falcon was an influential car and marked the beginning of a new era not just for Ford, but for the entire North American industry too. The compact was conceived in the late 1950s, when Ford realized that larger cars were becoming increasingly expensive and many American families were looking at smaller vehicles, usually imports, for a second car.

Penned under Ford’s then general manager Robert S. McNamara, the Falcon was developed with parts sourced from the company’s existing bin in order to keep costs as low as possible. FoMoCo also focused on reducing ownership costs. Furthermore, it developed several body styles in order to cover as many niches and customer requirements as possible. The lineup included two- and four-door sedans, three- and five-door wagons, and two-door coupe and convertible models.

The first-generation Falcon Squire Wagon, which we’ll be discussing below, arrived in 1962, two years after the Falcon’s initial launch. By that time, the compact had already become a hit, setting record sales with over 500,000 units sold in 1960 and over 1,000,000 examples sold by the end of 1961. The Falcon was redesigned for 1964, getting a more squared-off, more modern look.

Continue reading to learn more about the Ford Falcon Squire Wagon.


PostHeaderIcon 2016 Monterey Car Week Auctions Cater To Every Taste

Without a doubt, some of the biggest attractions at Monterey Car Week are the auctions, and although multi-million-dollar sales are usually what get the most attention, this annual automotive celebration actually offers a wide variety of cars. Whether you prefer big block iron, exotics, sports cars, or trucks, MCW provides the goods. Hell, there were even multiple BMW Isettas available for purchase if, you know, you’re into that kinda thing.

This year, we were on the scene of four of the big auction events, checking out the lots and watching the action unfold. That includes RM Sotheby’s, Russo and Steele, Gooding and Company, and the Mecum auctions. We found all manner of automobiles on hand, from racing legends to fan favorites, wild space ships to antique workhorses. Read on for a breakdown of what it was like to be there.

Continue reading to learn more about the 2016 Monterey Car Week auctions.


PostHeaderIcon Fiat-Abarth 1000 Monoposto Da Record "La Principessa"

In the 1950s Abarth was designing and building its own race cars, making itself pretty well known in the international motorsport community. To help promote the company name and brand, Carlo Abarth – the founder of Abarth & Company – looked to competing for international speed endurance records. In doing so, the company created a number of number of vehicles, but the most important cars, arguably, came from a collaboration between Abarth and Pininfarina. The first car developed from this collaboration was a 750 cc Monoposta that debuted in 1957. It went on to set a Class H record by maintaining an average speed of 102.743 mph for 72 hours.

Around the same time, Abarth had another breakthrough using its new Bialbero engine. With this engine in the Pininfarina-designed Monoposto, Abarth was able to smash its own three-hour record by more than 8.5 mph. With the thirst for record breaking taking hold, Abarth continued to improve its designs with Pininfarina and eventually built a final series of these streamlined record setters. And, the one you see here was Abarth’s primary 1,000 cc that goes by the name La Principessa.

Powered by a type 229 Bialbero engine, this baby had just 108 horsepower and could hit a top speed of 136 mph. It set a number of Class G records at Monza between September 28 and October 1, 1960, including an average speed of 126.545 mph over 12 hours, 123.525 mph over 24 hours, 118.224 mph over 48 hours, and 116.001 mph over 72 hours. The car has been kept in storage most of its life and has been owned by the same family for most of it existence. Recently going under the hammer at the Gooding & Company auction during Monterey Car Week 2016, we finally got a good look at this piece of Abarth history, so let’s dive on in and talk a little more about it.

Keep reading for our full review


PostHeaderIcon Bentley 8-Litre Tourer

When the Great Depression struck the world, the automotive industry, like other industries at the time, suffered dramatically. It took a serious toll on Bentley; so much so, that it didn’t take long for its finances to fall into shambles, and the company to be placed in receivership. Before that happened, however, Bentley tried to turn things around by introducing the Bentley 8 Litre. It was announced to the public on September 15, 1930, and was the last completely new model from Bentley before the company fell apart and Rolls-Royce Limited took ownership of the struggling company.

Due to the timing of the Great Depression, sales of Bentley’s newest wealthy people hauler were incredibly slow. With only 100 examples produced between 1930 and 1932, that shouldn’t come as much of a surprise. Despite the fact that sales were poor, the 8 Litre was a fine automobile. It featured an 8-liter straight-six, and the chassis came at a cost of about $1,850. The model we’re here to talk about today is a 1932 tourer model that features coachwork by Vaden Plas. To put it shortly, the car is elegant and beautiful.

This specific model just went under the hammer at RM Sotheby’s auction during Monterey Car Week in 2016. We were on the scene and snagged a lot of good pictures of this beauty. So, let’s dive on in and take a closer look at this 1932 Bentley 8-Litre Tourer by Vaden Plas.

Keep reading for our full review.


PostHeaderIcon Top 5 Cars Sold at Gooding & Company Auction During Monterey Car Week 2016

When it comes to major auctions, it’s pretty common to find various Ferrari models at the top of the list. This year, the auctions taking place during Monterey Car Week were wild as usual. Mecum auctions turned out some amazing vehicles with the top 10 cars pulling in nearly $20 million, but that’s nowhere near the kind of numbers we saw at the Gooding & Company auction. In fact, Gooding’s number for the top five cars was more than double that of Mecum’s top 10 – pretty wild right?

Gooding had a lot of cars listed, and 160 of those lots actually sold. Some of the lower-priced cars include models like a 1954 Alfa Romeo 1900 C Coupe for $412,500, a 1988 Porsche 959 Comfort for $1,320,000, a 1954 Austin-Healey 100/4 BN1 Le Mans for $143,000, a 1928 Morris Oxford for just $49,400, and there was even a 1968 Iso Grifo 7 Litri that sold for $682,000. Okay, so some of those numbers might night be “low” for some of us, but in the grand scheme of things, none of them are much when you consider the most expensive car sold at Gooding this year commanded just of $18 million. More about that later, but I’ll give you a hint: It’s a Ferrari. Shocker, right?

Well, with that said, let’s take a good look at Gooding’s top five from this year at Monterey and talk a little about them. There’s just something about these high-dollar collectibles that really gets the blood flowing, isn’t there?

Keep reading to learn about the top five sellers from Gooding & Company


PostHeaderIcon Ferrari Enzo Starts Smoking during Mecum Auction; Still Sells for more than $2 Million

When you’re trying to sell off a Ferrari Enzo, specifically one of four in a specific color, the last thing you want is for it to start smoking as it rolls up to the auction pad. But, that’s exactly what happened to the model you’re about to see in the video above. Most likely it isn’t anything incredibly serious – at least nothing electrical anyway. It’s likely the clutch burning up a little, which is what happens and somewhat common when you don’t know how to handle or drive an automated manual transmission like that found in the Enzo.

Ultimately, the car appears to be okay. It was pushed the rest of the way to the auction block, where it sold for a decent $2.15 million despite the troublesome smoke signals shooting from the engine cover. The car was even able to leave the auction site under its own power, as you see it carefully pull away at the end of the video. For what it’s worth, this is a video that you want to turn up the volume a bit for. We get to hear a pretty nice rumble from the Enzo’s 6.0-liter V-12.

For the record, the Enzo started out in 2003 at $659,330. It was only produced in 299 examples, and this $2.15 million price tag is the highest I’ve seen in auctions so far. With that said, click play and enjoy the short video.


PostHeaderIcon Alfa Romeo 8C 2300 Monza

While there may have been 188 units of the Alfa Romeo 8C 2300 built for road use, it was initially designed as a race car. The “2300” in the car’s name was a reference to the 2.3-liter straight-eight engine that was hidden under its long hood. The 8C was built in several different series’ in its first few years of production, with some (the 188 road cars) serving as luxury vehicles and the rest serving as dedicated race cars. By now, you’ve probably noticed that the model here also sports the “Monza” name. This name was given to the shortened, two-seater GP cars after an early model emerged victorious during the 1931 Italian Grand Prix at Monza.

Throughout the car’s production, it was rather successful on the track, including four consecutive wins at the 24 Hours of Le Mans, the consecutive wins at Mille Miglia and Targa Florio, and back-to-back wins at the 24 Hours of Spa. On top of that, the car also led to the development and introduction of the Monoposto Tipo B, which, as you may or may not know, dominated Grand Prix racing with 46 wins between 1932 and 1935.

The model you see here has had several owners, but was raced quite a bit between 1934 and 1948, securing 7th in Class at the Klausen Hillclimb in 1934, 3rd Overall at the Circuito di San Remo in 1947, 2nd Overall and 1st in Class at the Sassi-Superga Hillclimb in 194, and 1st in Class at the Cantania-Etna Hillclimb in 1948, among others. It is Chassis No. 2311218 and was sold new in Italy back in the 1930s. And while it changed hands on a somewhat regular basis, it’s racing DNA kept in on the track even recently as the owner prior to this auction used it to participate in Euro and US. Tours – this isn’t a car you just lock away in a dark garage.

This Monza recently went up for auction at the Gooding & Company Auction during Monterey Car Week, exchanging hands for more than $10 million. It’s only fitting that we do a full review of such an amazing car, so keep reading to take a closer look at it.

Continue reading to learn more about the 1933 Alfa Romeo 8C 2300 Monza.


PostHeaderIcon Top 10 Cars at Mecum's Monterey Auction Pull in Nearly $20 Million Combined

Mecum is a pretty big auction house. It averages more than one auction per month, often ranging anywhere between 700 lots and 3,000 lots, with a general average of at least 20,000 lots per year. Every year, Monterey Car Week serves as a big venue for Mecum and normally accounts for a large volume of car sales. This year was no different, with Mecum pulling in $19,470,000 from the top ten cars that went under the hammer. Of course, Mecum wasn’t the venue that saw the first Shelby Cobra – the CSX 2000 – sell for a record-breaking $13.25 million, but its top 10 didn’t pull in peanuts either.

Of course, the top 10 list is littered with beautiful examples from Ferrari, McLaren, and Porsche, but there was a 1965 Shelby Cobra and a Bugatti Veyron that held their own pretty well and landed in big seller’s circle. The biggest seller at Mecum’s auction last week was a 2014 Ferrari LaFerrari, which was one of three made in its respective color and had very low mileage, selling for a whopping $4.7 million. But, before I go too far into specifics here, let’s dive on in and look at all of the top 10, starting with a 2011 Ferrari 599 GTO that took 10th place.

Keep reading to learn about the top 10 sellers during the 2016 Mecum Auction in Monterey


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