Every company has a story to tell. And in this VINwiki interview on YouTube, PFS Founder and CEO, Mitch Katz, provides all the details on how the company was created and why it has continued to grow over the past two decades. Mitch also delivers some helpful insights for car enthusiasts on the benefits of specialty leasing.
RM Sotheby’s event stands as the official auction of the Amelia Island Concours d’Elegance. This year, our top picks include cars from the marques Ferrari, McLaren, Alfa Romeo, Mercedes, and Lancia.
Celebrating its 25th anniversary, the Amelia Island Concours d’Elegance in Florida stands as one of the finest collector-car events in North America. This year, auction houses include RM Sotheby’s, Gooding & Company and Bonhams, plus plenty of events from the Concours D’Elegance and Porsche Club of America.
In a few weeks at the Amelia Island Concours d’ Elegance, Gooding & Company’s auction will offer a 75,000-mile 1994 BMW 850CSi in the stunning shade Hellrot (German for light red). Pre-sale estimates put this car between $90,000-$110,000, approximately the same price as when the car was new.
Ford vs Ferrari’s racecar sports hero Carroll Shelby is know for beating the racing establishment with simpler, less expensive and sometimes cruder machinery. He got his racing start driving other peoples’ cars and went on to build a business empire that has continued and grown beyond his death.
Built in Italy and powered by German Mercedes-AMG engines, Paganis have set high benchmarks for bespoke engineering and innovative materials. At RM Sotheby’s Arizona sale last month, a 2018 Huayra Roadster, one of 100 made, sold for just under $2.4M, which was the starting price when new.
The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.
The 2005-2006 Ford GT was an homage to Ford’s 1960s endurance racecars, but intended for the street. One is currently up for auction in Scottsdale at Gooding & Company, featuring Carroll Shelby’s signature on the dashboard.
The Cavallino Classic 2020 is coming soon in Palm Beach, FL. Far more than a series of shows, displays and concours judging, the Cavallino Classic is a true enthusiast-based event. While certainly focused on Ferrari, other distinguished marques are prominently celebrated, this year celebrating the 110th anniversary of Alfa Romeo.
