Archive for the ‘collector’ Category
Before any of you start hyperventilating in excitement, there are a few qualifiers to keep note of. The first is that these aren’t the actual special edition cars that Ferrari is planning to roll out as part of its 70th anniversary. These bad boys are 1:8 scale models of the real things and they come from Amalgam Collectibles, the maker of exquisite scale models that have graced these pages a handful of times over the years. Remember the 1:8 versions of the Jaguar E-Type that secretly stole the show at the 2016 Paris Motor Show? Yep, it’s the same company that’s bringing us 350 of these special edition Prancing Horse beauties.
The differentiation among these Ferraris come in the form of liveries, which we also first saw in Paris back in September 2016. All those liveries represented various designs that were pulled from Ferrari’s long and illustrious history, including “The Schumacher,” “The Magnum PI,” and “The Prototype.” All told, Ferrari has 70 unique liveries on offer, all of which will be used on five of the automaker’s current models, including the 488 GTB, 488 Spider, California T, F12 Berlinetta, and the GTC4 Lusso. Do the math and that adds up to 350 different cars, each having their own mini-me versions courtesy of Amalgam Collection.
Needless to say, the scale models come with unparalleled detail. That much we can expect from the same company that brought us those beautiful E-Type scale models in Paris. That said, they don’t come cheap either as each scale model comes with a price tag of $695. If you can stomach that much damage to your wallets, it might be best to pre-order these scale models now ahead of their initial release in July since each of the 350 unique scale models are one-offs.
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A while back I did a piece about what I consider to be the 10 coolest motorsport-inspired watches you can buy. The list included some fine timekeepers, but it looks like I might have to update it to include Omologato’s new, limited-edition timepiece, which pays tribute to the iconic Porsche 917 race car.
Although Omologato isn’t the first company to build a 917-inspired watch — BRM’s BT-12 46 Gulf is pretty neat (and expensive) — this new release pays tribute to the what is arguably the most iconic example of the race car. Not including the Gulf-painted mock-up featured in Steve McQueen’s “Le Mans” movie, that is. Specifically, Omologato’s timepiece takes inspiration from the No. 23 Porsche Salzburg version that won the 24 Hours of Le Mans race in 1970.
This is visible in the red, while, and black color scheme based on the livery of the actual car, as well as the three small dials. The one on the left is red, the center dial is finish in red with white stripes, just like the car’s front hood, while the one on the right is white and features the famous number 23. The 22mm black Italian leather strap has Guards Red stitching, while the 43mm face comes in a matte-finished frame with chrome accents, and a “917” insignia at the bottom.
The watch is powered by a Japanese Quartz movement of which Omologato says it delivers the “desirable level of precision, reliability and accuracy that only comes with the very best watches.” The 917-inspired timepiece is limited to only 200 examples and each will be sold with an ownership certificate, together with a bespoke case. Those who pre-order can choose the number of their watch. Speaking of orders, the timekeeper costs only £339, an affordable sticker given the specifications (also due to the fact that Omologato is a new brand, being established in 2015. Deliveries are scheduled to begin in January 2017.
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If you ask any car enthusiast the name of the person who has been the most influential to the automotive world, nine times out of ten you’ll get the answer “Carroll Shelby.” And, rightfully so – Carroll Shelby had an amazing automotive legacy. And, that legacy all started out with the car you see here: a 1962 Shelby Cobra CSX 2000. While all early Cobras are special in their own right, this one is excessively special because it was the first Cobra built. Ever. It came to be at the hands of Carroll Shelby and a few other people in a small garage in California.
There’s a lot more to this specific Cobra, though. See, this Cobra was built by Carroll Shelby and was owned solely by him. Furthermore, there is a funny story behind it. When the car was complete, it was shown at a number of different venues used by the motoring press and used for testing and development. The funny part is that Shelby had the world convinced that Cobra production was running at full force when in fact the CSX 2000 was the only Cobra at the time. To pull this off, the car was repainted prior to most appearances to give the illusion that there was more than just one for the first seven months of its existence.
With that said, this specific Cobra is ready to go home with a new owner and is being auctioned off by RM Sotheby’s in Monterey in August of 2016. It is being offered by the Carroll Hall Shelby Trust and, as such, should come with proof of authenticity. The car isn’t exactly in the best condition it has ever been in – there is definitely wear here and there. But, that is a part of the car’s history. So, let’s take a good look at it before it goes under the hammer in a couple of months.
Update 08-21-2016: This gorgeous car just broke the record for an American car sold at Auction. Check out the Prices section below for all the details.
Keep reading for our full review of this very special Cobra
TMB Art Metal has done some awesome working in the past, offering keepsakes made from the metals of various cars. Different items have been made from vehicles like the Bugatti Type 35, Jaguar D-Type, the Spitfire, and even the Flying Scotsman train. More recently, the company created a series of poppy pins out of British shell fuses from the Somme battlefield to pay tribute to the soldiers killed during battle back in 1916. Now, TMB Art Metal is paying tribute to the Bugatti Veyron with a set of very special cufflinks made from the wheel of a Bugatti Veyron OZ Racing.
Most of the cufflinks are composed of the high-quality aluminum from the wheel of a Veyron OZ Racing in the design of the Veyron’s 12-spoke alloy wheels. The cufflinks are handcrafted and feature a silver rim and silver spokes. The wheels are crafted out of bronze to give a gold appearance, but can also be had in chrome black to offer a different, but equally gorgeous look. Every set of cufflinks from with a certificate of authenticity.
Christopher Bennett, the found of TMB Art Metal, said, “With the launch of the new Chiron, Bugatti has underlined its ability to make the greatest sports cars on the planet. These cuff links pay tribute to another of Bugatti’s glorious creations, and are a much more affordable way for owners and fans alike to carry a piece of the Veyron around with them.”
The cufflinks are priced at £295, or about $380, and can be purchased by contacting TMB Art Metal directly. All told, they look great and are sure to make any Bugatti enthusiast pretty happy.
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With the 66th annual Monterey Car Week kicking off in a few days, some 85,000 auto enthusiasts are expected to arrive on the central California coast to take part in various car shows, auctions, racing events, and cruises. However, attendees will need to share the road with the 5,000 firefighters currently battling a devastating wildfire located just south of Monterey.
One of the biggest issues is access to Highway 1, the main artery that runs north to south through the central coast. With the huge increase in traffic expected for MCW, concerns are being raised over whether or not firefighters will be able to get to and from the frontlines.
However, according to a report from local NBC affiliate KSBW, Cal Fire and the California Highway Patrol have given the event the go-ahead, and are working with organizers to make sure firefighting efforts aren’t hampered.
Some of the changes include a truncated route for the Tour d’Elegance, a classic car cruise that traditionally includes a run south into Big Sur. This year, the route has been shortened to 35 miles, rather than the usual 70. There will also be stricter parking enforcement, and additional law enforcement in high-traffic areas.
So far, the Soberanes wildfire has burned more than 70,000 acres and destroyed 57 homes. Hundreds of locals have been forced to flee, and the fire has been blamed for three injuries and one fatality. Acting Governor Tom Torlakson has declared a state of emergency in Monterey County.
Thankfully, the majority of the firefighting effort is now centralized south of Monterey, and it’s expected that the increase in traffic won’t have a major impact on firefighting efforts.
“We feel pretty comfortable that we are able to get in and out of the areas that we need to in case of emergency,” Cal Fire Capt. Mark Edria told KSBW.
The wildfire is thought to have originated from an illegal campfire in Garrapata State Park.
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Cars can get expensive; most folks know that. There’s maintenance, spare parts, and of course, the purchase price wrapped into the ball of car ownership. But then there’s a league above – the elite upper echelon of car ownership that transcends all besides collectability. At this level, such blue chip iron is acquired for its rarity, beauty, and historical value rather than its role as transportation.
The data nerds over at Priceonomics decided to assemble a list of the top 50 most expensive vehicles ever sold at auction. Why at auction? Well, it’s nearly impossible to track private sales, and a large percentage of high-dollar cars tend to trade hands under the gavel at places like RM Auctions and Barrett-Jackson.
Even the most seasoned gear head cultured in classic cars might be taken aback by the appreciation in value cars posses as opposed to other common collectibles. Over a 10-year period, the value application of key automobiles have surpassed watches, jewellery, wine, art, coins, and stamps. Surprisingly enough, stamps have the next highest growth in value, topping some 250 percent in appreciation. Cars, on the other hand, outshined stamps by a whopping 200 percent, resulting in an increase in value greater than 450 percent over values in 2005.
Those key cars go on to outperform the S&P 500, NASDAQ, and even gold.
So what cars are raking in all this cash? In short: Ferrari. Eight of the top 10 most expensive cars are of the Prancing Horse variety. Ferrari goes on to dominate 60 percent of the top 50 list. Mercedes is the next highest with a 14 percent share.
What makes Ferraris gain such incredible value? Keep reading to find out.
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Ferrari’s planned initial public offering later this month will result in a number of things for the high-end car manufacturer, one of which would be the company’s desire to ramp up production from about 7,000 units to around 9,000 units annually by 2019, representing a 30 percent increase.
The storied automaker is expected to begin trading next week at the New York Stock Exchange where it plans to sell 17,175,000 shares to the public as part of its planned spin-off from Fiat Chrysler. Share are expected to be priced at around $48 to $52 each. Financial underwriters like UBS and Bank of America will also have the option to sell an addition 1,717,150 shares. If the company times the IPO market correctly – something that’s not a certainty in the current stock market climate – the company walk away from the shares sale with a value of as much as $9.8 billion.
On the surface, the decision appears to be sound if the company is serious about its plans to increase production in response to what it says is a “growing demand in emerging markets.” It’s what any other company would do if it were in the same situation.
But Ferrari’s a different case altogether because it’s not just any other company. A big part of its reputation as the most desirable supercar manufacturer in the world is its exclusivity. Not everyone can own a Ferrari and even those who do have the financial capacity to buy its models often have to wait as much as a year to get the car. Making these models more accessible to the market could be interpreted as the company losing that halo on its head that endeared it to Ferrari buyers and collectors in the first place.
For its part, Ferrari doesn’t seem to be concerned with the perceived backlash that will come with the IPO and its intention to ramp up production by 30 percent. The company believes that it will still retain its “exclusive” status; it just wants to address the growing demand for its cars, something this public offering can do. It even said as much in its filing, stating that it plans to maintain its reputation of exclusivity and scarcity by “deliberately monitoring and maintaining [its] production volumes and delivery wait times to promote this reputation.”
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The world of rally racing experienced a golden age in the 80s thanks to the loose constraints of Group B regulations. These days, most fans can only relive that bygone era through grainy footage, but what if you were looking for something more substantial? Well, this Peugeot 205 Turbo 16 might be the ticket. You might think buying an old rally car is just for wealthy collectors who want to brag to their rich friends, but you’d be wrong – this particular example can be had for less than the price of a new VW Golf.
Believe it or not, this garage-kept Peugeot 205 Turbo 16 is currently up for sale with an asking price of just 18,000 euros ($20,200). It’s been completely restored over the last 10 years, and it’s only had two previous owners. It also comes with all the original documentation and road registration.
Originally produced in 1985, this small racer is equipped with a 1.8-liter engine mounted in the rear for better weight distribution and improved handling. The exterior is in mint condition, and includes body graphics, rear privacy glass, side air intakes, and an old-school wheel design. The interior doesn’t look half bad either, with a 3-spoke steering wheel, water and oil gauges in the middle of the dashboard, and that all-important roll cage to keep you safe. The front trunk houses a spare wheel.
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