According to Sales Manager Chris Warren, there’s lots of great cars you could buy for $1 million. Chris’ choice is a 1969 Lamborghini Miura P400S. That car caused a sensation when it was first introduced in 1965, and only 700 Miuras were ever built. This is the car that’s credited with putting Lamborghini on the map, which was quite an accomplishment, given that the company was only three years old.
The first 1965 Shelby GT350R, a star-studded racing steed with a trophy case of documented history, sold for $3.85m at Mecum’s Indy sale this month. This is just 7 months after the “Bullitt” Mustang movie car sold for a $3.75m, breaking that record. The $3.8m GT350R was one of 36 such cars built for the track. Other GT350R models are hardly cheap dates, with selling prices around the $1m mark.
Spanning August 12th-14th, Bonhams annual Quail Lodge Auctions will be held online. They will be part of Petersen Museum’s Online Car Week, welcome set of car events including a Concours d’Elegance finale on August 16.
Premier CEO Mitch Katz was one of four respected authorities featured in Sports Car Market magazine’s current roundtable discussion regarding COVID’s impact on blue-chip collectibles. According to Mitch, there are no “safe bets” when it comes to predicting the future value of any car. Read what else Mitch has to say in this interview.
The Santa Monica based elite auction house has developed its own online bidding platform and laid plans for Geared Online, its inaugural all-online auction, slated for August 3-7. See which cars industry experts are most interested in, including a Ferrari, Porsche and Mercedes.
From August 13th-15, RM Sotheby’s will be hosting their Shift/Monterey Online Only Auction. Checkout the cars industry experts are most looking forward to seeing, including a Ferrari, vintage Bugatti and Jaguar.
Most collector-car auction houses already offered absentee bidding options and live streaming auctions as part of regular operations, the safety and travel restrictions posed by COVID-19 spurred the industry to apply creative solutions. Learn more about Mecum, Gooding & Company, Bonhams and more are operating their summer auctions.
Over the coming months, auction houses are hosting both online and live auctions. This includes Mecum, RM Sotheby’s, Gooding & Company, and Bonhams. The schedule is outlined here, with events in July and August.
No, we did not transpose the numbers “675” and “765.” Earlier this year, McLaren introduced its latest lightweight, track-focused model, the 765LT. That’s not to be confused with the 675LT, introduced in 2015. The first deliveries are expected in October, starting at about $375,000. Here’s a closer look.
