What better prelude to the 72nd Pebble Beach Concours d’ Elegance® than to buy a car (or few cars) from the auctions held in conjunction with this pinnacle event? If you’re bidding or selling, the action is at the auctions, of course. We’ve assembled the auction itinerary here and selected some highlights from the Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s sales.
Giotto Bizzarrini, who died in spring 2023, left a legacy that includes the Ferrari 250 GTO, the first Lamborghini V12 engine, and the car that bore his name, the Bizzarrini 5300 GT. Few of these stunning Italian sports/GT cars were made, all powered by Chevy Corvette V8s for spellbinding performance and easy serviceability. A class win at Le Mans in 1965 established racing pedigree. At its Monterey Auction this month, RM Sotheby’s is offering an impeccably finished 5300 GT with a pre-sale estimate of $880K-$1M.
The spark that launched Porsche’s road racing dynasty began with the “Fuhrman engine” in the landmark 550 Spyder racecar. Bringing that engine to the 356’s option list in 1956 and calling it “Carrera” boosted Porsche’s racing pedigree while also setting the foundation for special high-performance Porsche models to come. The expensive and complex Carrera engine was rarely ordered when new, and cars so-equipped demand a huge premium in the collector car market today. A 1956 Porsche 356A Speedster Carrera offered by Mecum Auctions in Monterey is expected to sell for up to $1.2M, or nearly 400% more than a Speedster without it.
Fourteen years after Enzo Ferrari’s passing, the company he founded honored his memory with a car bearing not only his surname, but also his given name. When introduced in 2002, the Ferrari Enzo represented the culmination of the automaker’s expertise in both high-performance road cars and Formula One racing. F1 tech abounded, including carbon fiber and aluminum construction, carbon-ceramic brakes, and more. At its upcoming auction at Monterey Car Week, Bonhams is offering an Enzo that has been enjoyed as the founder would have liked: being driven.
Auction season is running at full speed going into Monterey Car Week this August 11-20. (Yes, a 10-day week!) Five major auctions will take place there, drawing buyers and sellers from around the world. Plan to be there? Whether you’re looking for your next dream car or planning to sell one from your collection, it pays to be prepared. Premier Financial Services has put together a quick refresher course with insights from auction and sales pros offering advice on finding the car you want and bringing it home.
Car collectors heading to Monterey Car Week in August will have plenty of treasures vying for their money, including two 1967 Ferrari 330 GTS models in very different condition offered at the RM Sotheby’s auction. A restored blue car originally owned by artist James Wyeth looks like it just drove off the showroom floor, and it has won many awards. A silver 330 GTS offered will need restoration. It’s one of 20 rare Ferrari that sat in a Florida barn for years before Hurricane Charley destroyed the building in 2004. The Ferrari then sat in an Indianapolis warehouse until this year. Offered at no reserve, it will definitely be going to a new home.
If you’re heading to Monterey Car Week in August, consider Concorso Italiano a must-see event Saturday, August 19 on the fairways of the Bayonet Golf Course in Seaside, California. This unique show displays nearly 700 cars and motorcycles, covering the gamut of 10 different marques. Alfa Romeo, Ferrari, and Lamborghini dominate in sheer numbers, while other Italian classics, exotics, and obscure models offer many more compelling treats to see. The atmosphere is casual-festival, with an emphasis on fun.
Lamborghini has entered the electrification era with its first plug-in hybrid, a 1,001-hp hypercar called the Revuelto. Named for a fighting bull that decided to bolt from the ring 143 years ago, the new Lambo shows a rowdy spirit with three electric motors unapologetically teamed with a 6.5-liter, gas-fueled V12 that parties like it’s 1970. Sharpened stealth-jet design could only come from Lamborghini, while new “monofuselage” carbon-fiber construction keeps strength high and weight reasonable. Reports say it’s already sold out for the first two years.
Even as Porsche moves toward electrification across its line, the German automaker keeps ratcheting up the performance from its gas-fueled sports cars. The recently revealed 718 Spyder RS becomes the ultimate rendition of the Porsche Boxster and arrives next spring. The Spyder RS is basically the open version of the 718 Cayman GT4 RS available now. Both of these incredible mid-engine cars use a 493-hp naturally aspirated six-cylinder engine from the 911 GT3
