Revered by Corvette enthusiasts, the 1963 Sting Ray, especially when equipped with the fuel-injected 327 engine, remains a legend among the car’s 70 years of production so far. The radical new design covered a new, more advanced chassis than the first-generation Corvette had, and both performance and refinement edged closer to the European GTs. Sales soared, and the “fuel-injected Sting Ray” ended up in pop songs. Gooding & Company’s Pebble Beach Concours d’ Elegance® auction is offering a multiple-award winner with a pre-sale estimate of $250K-$300K.
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.
Forget March Madness, Florida brought the heat to the collector car world with the quartet of Amelia Island auctions booking $186 million in sales, a record for the venue. The top sale, a 1962 Ferrari 250 GT California Spider, accounted for $18M by itself. Ferraris grabbed 13 slots across the four auctions’ Top-10 lists, and Porsches took four. Modern supercars made some auction Top-10 lists, including $5.3M for a rare Pagani Zonda and $2.4M for a McLaren P1. A 1931 Duesenberg put the spotlight on Pre-war cars with a $4.3M sale.
Major auto auctions held in conjunction with the world-renowned Amelia Island Concours d’ Elegance in Florida offer some of the world’s most desirable collector cars, and Premier’s regional sales managers will be there for the action and to meet customers. In the meantime, they have posted their own “Cars to Watch” as picks for cars most likely to sell well. Except for one American supercar making the list, it’s a German and Italian feast.
Here’s the backstory on the Ferrari Superamerica, first introduced in 2005. Ferrari built only 559 Superamericas, with 170 exported to the United States. At its Monterey auction in August, RM Sotheby’s is offering a Superamerica featuring special order paint and interior, with under 12,000 miles.
There were only nine Alfa Romeo TZ3 Stradale ever made. According to RM Sotheby’s, each was built at a cost of $1m in 2010, and one of them sold at the Elkhart Collection auction in October for $489k. It was virtually a brand new car, with just over 200 miles.
In the face of EVs and autonomous cars, Premier’s CEO, Mitch Katz, has a secret plan to ensure that his grandkids don’t miss out on the pure joy of driving a classic car. Read Mitch’s perspective, featured on ClassicCars.com
The “Elkhart Collection” is no more. RM Sotheby’s offered all of them at no reserve and brought in $44.3m. The top sale was a 1952 Ferrari 225 S Berlinetta by Vignale, which brought in $2.8m, followed by 1953 Fiat 8V Supersonic by Ghia $2.04m.
Overlooked for so long, the Alfa Romeo Montreal seems to be getting into the spotlight a lot more lately. RM Sotheby’s will offer a well preserved Montreal with a pre-estimate of $80,000-$100,000 at the Elkhart Collection Sale from October 23-24.