One a year in January, Palm Beach, Florida becomes the center of the Ferrari world with Cavallino Classic. This four-day event presents the full spectrum of the Ferrari lifestyle, including racing, touring, and concours competition – all in and around the luxurious setting of The Breakers hotel. A feast for all the senses, Cavallino Classic is a rare opportunity to see the marque’s vibrant history on display and on the track.
Will the 812 GTS be Ferrari’s final front-engine, naturally aspirated V-12 spider? Based on the appropriately named 812 Superfast Berlinetta, the 812 GTS shares a lineage with a line of classic open Ferraris, including the magnificent 365 GTS/4 Daytona Spider of the early ’70s. The 812 GTS has a retractable hardtop roof and a 789-horsepower 6.5-liter V-12. Bonhams’ Scottsdale auction is offering a 2021 812 GTS with just 217 miles.
You might remember Lamborghini’s LM002. One of the first people to purchase an LM002 back in the 1908s was Sylvester Stallone, of “Rambo” movie fame, which inspired the vehicle’s “Rambo Lambo” nickname. Since that era, you may have always wanted to own this V-12, three-ton off-road monster that goes from 0-60 in under 8 seconds, and carries a 75-gallon fuel tank. At its Miami auction in December, RM Sotheby’s is offering a 1991 LM002, with under 6,000 miles on the odometer, which is #279 out of 328 made. Putting this Rambo Lambo in your driveway is guaranteed to make a statement to the neighbors.
The BMW 507 roadster, introduced at the 1955 Frankfurt Auto Show, is recognized as one of the most beautiful models that BMW ever produced. Only 252 hand-built 507s were produced, and despite their curb appeal, they were money losers that nearly sank BMW as a company. A 1957 BMW 507, discovered in a Philadelphia garage, sold last month at the Bonhams Audrain Concours Auction in Newport, R.I. for $2.1 million. Read the backstory on this historic BMW.
Auction sales from Monterey Car Week totaled a record-setting $469 million; more than $126 million than last year’s total. RM Sotheby’s three-night auction accounted for more than half of that total, setting a record with a staggering $239.2 million in sales. Catch up on results from all the auction houses.
Built 35 years ago, Porsche’s 959 is still considered king of the marque’s 911 line. Only 292 cars were made, with a price tag of $227,000, and Porsche reportedly lost money on each one. Broad Arrow Auctions is offering a 1987 Guards Red 959 Komfort at its Monterey Jet Center Auction, with a pre-sale estimate of $1.4 – $1.6 million.
Monterey Car Week 2022, including the Pebble Beach Concours d’ Elegance®, is just days away, and our regional sales managers have made their annual “Cars to Watch” selections, covering a broad range of classic vehicles. Their picks include a 1995 Ferrari F50 (pre-sale estimate of $4.5 – $5.5 Million); a 2010 Porsche 911 GT3 RS 3.8 ($250K – $300K); and even a 1962 Volkswagen Type 2 Deluxe Microbus ($140K – $180K). Perhaps some of your favorites are among their picks.