rmsothebys - Luxury Motor Press

‘First’ Porsche Heads to Auction

‘First’ Porsche Heads to Auction Ferdinand Porsche, renowned for the creation of the Volkswagen Beetle is said to have designed this 1930’s Porsche Type 64. It is said that only three ever made, with this staking claim as the very ‘first’ Porsche. RM Sotheby’s intends on auctioning this very example in Monterey, California shortly at…

A 1958 Ferrari 250 GT Tour de France Berlinetta auctioned for $5.89 Million Classic cars typically appreciate in value and few can match the value of vintage Ferrari’s these days. At a recently held auction by Gooding and Company, a 1958 Ferrari 250 GT Tour de France Berlinetta sold for $5.89 million. Please see the…

This very unique Ferrari was prepared for Royalty Ferrari has been known to prepare special one-of-a-kind models for their most esteemed patrons for sometime now. RM Sotheby's prepares this timelessly elegant 1957 Ferrari 250 GT Coupe Speciale. This particular car was commissioned to Princess Lilian de Rethy, wife of King Leopold from Belgium. Estimates suggest…

Stunning Ferrari 290mm sells for $22 million Today in front of a packed salesroom at the renowned Petersen Automotive Museum in Los Angeles, California, RM Sotheby’s sold a 1956 Ferrari 290 MM by Scaglietti, chassis no. 0628, for $22,005,000 (est. $22m/26m) after an extended bidding contest between three collectors. Leading the company’s first auction at…

Project Gold Porsche auctioned in just 10 minutes As you may recall, we had recently featured the Porsche Project gold citing its uniqueness. A one-off 450 hp retro classic that featured parts from the Classic Porsche era/catalogue that took 18 months to complete. Adding additional features includes an all-wheel drive system and manual transmission from…

1962 Ferrari GTO auctioned for a record $48.4 million. The highest ever paid at auction The 1962 Ferrari 250 GTO sold at RM Sotheby's auction at Pebble Beach, California, where it opened at a bid of $35 million. Three bidders competed for the car, which easily passed the $38 million -- the previous highest amount…