The 2023 collector car auction season got off to a roaring start in January. The Bonhams Scottsdale auction reached $30M in sales, and RM Sotheby’s reported $44M. The big surprise came from Bonhams, where a 1912 Simplex brought $4.8M, a record for a pre-WWI car. Supercars were still supreme, though, with a Ferrari LaFerrari getting $4.075M at RM Sotheby’s and, earlier in the month, a Ferrari F40 topping the Mecum sale in Kissimmee, Florida at $3.135M.
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.
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.
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.
Whether you’re attending any or all of the Monterey Car Week events, in person or virtually, you’ll need a detailed schedule to keep track of all the activity. That’s exactly what we’ve provided. Click through to know where you need to be, and when you need to be there. Enjoy!
