Jaguar

Stay in touch with the latest news & updates

Loading
Red 1962 Ferrari 330 LM/GTO front view

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.

Monterey - Gooding and Company Auction

What does $400 million buy today? It was enough to take home about 1,200 of the world’s finest collector cars offered at the 2023 Monterey auctions held from August 17-19. That was down from $475M in 2022, and the sell-through rate was lower, too. Just the same, some stellar automobiles traded hands in Monterey at auctions held by Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s. The top sale was a 1967 Ferrari 412P racecar for $30.2M at Bonhams, while a 1957 Jaguar XKSS, one of just 16 made, was #2 at just over $13M.

Monterey Auctions

What better prelude to the 72nd Pebble Beach Concours d’ Elegance® than to buy a car (or few cars) from the auctions held in conjunction with this pinnacle event? If you’re bidding or selling, the action is at the auctions, of course. We’ve assembled the auction itinerary here and selected some highlights from the Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s sales.

Gooding-18-million-dollar-Ferrari

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.

Tangerine 1968 Porsche 911S right front view

The letters on your modern car’s trunk lid might have no real meaning, but the “S” on the back of a classic Porsche 911 signified a major performance upgrade over the standard car. Porsche’s marketing for the original 911S cautioned, “This is no car for a novice.” The 911S rewarded skilled drivers while being known to put a scare into those unfamiliar with its handling traits. RM Sotheby’s is offering a rare concours-restored 1968 911S at no reserve at its Amelia Island auction in March. Expect hot bidding.

Blue Jaguar XK-120 front three-quarter view

The legendary Jaguar XK-120, first introduced in 1949, has played an important role in sports car lineage, both in terms of styling and performance. A very early alloy-body XK-120 (chassis number 670019), will be offered at Gooding & Company’s Pebble Beach auction, with a pre-sale estimate of $250K-$300K.

Amelia 2022

By all accounts, the auctions at The Amelia — now under the ownership of Hagerty — were a grand success, with the sales from RM Sotheby’s, Bonhams and Gooding & Company totaling nearly $126M. Notably, a 1937 Talbot Lago set a world record price for the marque and for French cars at $13,425,000

Bonhams Amelia Island Auctions 2022

Here are our “Cars to Watch” for the Bonhams auction at Amelia Island, which features more than 80 automotive offerings, plus a diverse assemblage of memorabilia and collectibles and 50 vintage motorcycles.

Main Image Scottsdale

A few Scottscale Auction highlights: a record $6.8 million for a 1955 alloy-body Mecedes-Benz 300 SL Gullwing; a $335,000 sale of the 1949 “Rain Man” Buick Roadmaster convertible; and $775,000 for a rebuilt Duesenberg Model J engine – yes, just the engine. Read all the highlights here

View More