Could you imagine referring to a modern high-end luxury grand tourer as “Queen Mother” today? It happened to Ferrari 55 years ago with its 365 GT 2+2. After testing the model in 1969, Road & Track magazine called the car “The Queen Mother of Ferraris.” Ferrari buffs embraced the nickname for this car and use it to this day. RM Sotheby’s is offering one of the 800 built at its Miami auction March 1-2, with a pre-sale estimate of $225K-$275K.
January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
Ferrari had Pininfarina, and Aston Martin had Zagato, at least for a small number of very limited-edition models. The first was in 1961, the DB4 GT Zagato, with just 19 made. One of those sold for $9.5M a few years ago. The most ambitions collaboration between the British automaker and Italian designer/coachbuilder was a quartet of special bodies built around the second-generation V12-powered Vanquish model from 2017-2019. RM Sotheby’s 2024 Phoenix, Arizona auction is offering #33 of the 99 Vanquish Zagato coupes built, with an estimated selling price of $600K-$650K.
The 1960-1962 Ferrari 250 GT Cabriolet Series II may not have starred in a blockbuster movie about a mischievous Chicago high-schooler playing hooky, but it is nevertheless one of the brightest stars in the Ferrari universe. A bit more focused on touring comfort than its athletic California Spider sibling, the Series II Cabriolet was nearly as fast. Its Pininfarina-designed-and-built body easily draws admiring glances more than six decades later. Just 200 were built, and the RM Sotheby’s Phoenix, Arizona auction is offering one with a plethora of concours and show trophies. The pre-sale estimate is $1.5M-$1.75M.
Lamborghini has had trouble attracting customers from the Witness Protection program, and the Murciélago Roadster is one reason. The absolute antithesis of “blending in,” the open Murciélago was even more extroverted than its coupe sibling, if only because now people could easily see who was driving this 42-inch-high supercar. The $320,000 Murciélago Roadster came with a rudimentary top that made fair-weather driving more appealing than dealing with the annoyance of rain showers. The Barrett-Jackson collector-car auction in Scottdale, Arizona in January 2024 is offering a black 2006 Murciélago Roadster at no reserve.
Closing in on the end of another year, Premier Financial Services looks back on its Top-10 exotic cars leased for 2023. This year, Ferrari pushed Porsche out of the #1 leased marque for the year in terms of volume of leases. Lamborghini, however, made a stronger showing on the list with three models in the Top-10. Porsche’s two top sports cars, the 911 GT3 and 911 Turbo S, both made the cut, as well. With its new MC20, Maserati has returned to the mid-engine exotic category after a 45-year absence. The new Maserati grabbed the #10 spot on the list. What’s your favorite?
While EVs may grab headlines with their acceleration performance, the latest gas/electric hybrid supercars throw down the gauntlet with some track-burning speed and excitement. The early tests of the Ferrari 296 GTB and Lamborghini Revuelto show that, with a little help from electrons, cars with roaring engines can still melt the asphalt … and blow their drivers’ minds. Though far apart from each other in price, the Ferrari and Lambo make the same emphatic point about the still-thrilling potential available from cars with pistons and pipes.
If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.
Has inflation taken a bite out of the exotic car market? Premier Financial Services Midwest Regional Sales Manager Ross Dressel has seen a dip in activity in the $200K-$500K heart of that segment. But meanwhile, “affordable” pre-owned exotics and classics in the $75K-$200K range are getting more action for America’s #1 exotic and classic car lease financing provider. Who’s up? Who’s down? Read here to find out.
