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.
Most BMW fans recognize the M1 as the supercar that launched the marque’s M brand. But few know the convoluted back story of how the M1 was designed and commercialized. At Monterey Car Week, Broad Arrow Auctions sold a numbers-matching 1981 BMW M1 for $692,500. Learn how the M1 became a legend.
Featured in the James Bond movie, The Spy Who Loved Me, the Lotus Espirit is a classic car that was once turned into a submarine. It was a badass-looking wedge-shaped road missile that captured the spirit of the mid 1970s.
Sir Stirling Moss was one of the sport’s greatest competitors. Moss won over 40% of the races he competed in, totaling a winning number of 212 races. He won the 1955 Mille Miglie and many races in Formula 1, all before the age of 32.
LaFerrari was Ferrari’s first hybrid, and sold for $1.4 million in 2013. Today, these beautiful cars sells for $3 million at auctions. And it’s not “Ferrari LaFerrari,” just LaFerrari.
One of the most exciting experiences on the Formula One calendar is the Canadian Grand Prix held at Circuit Gilles Villeneuve in Montreal. Held June 7-9, it’s the seventh race in the 21-race schedule.
Dan Gurney was the all-American racer, the tall, cool motorsports athlete who became as much of a household name as sports figures like Mickey Mantle, Joe Namath, and Kareem Abdul-Jabbar.
