//
you're reading...
Auction news

Records fall at Race Retro auction

A low mileage 1991 Testarossa sold for a premium inclusive total of £202,500.

A low mileage 1991 Testarossa sold for a premium inclusive total of £202,500.

SILVERSTONE Auctions started the year strongly, achieving no fewer than four world record prices, a sales rate of 78 per cent and total sales of £3.62 million in its sale at Race Retro at the weekend.

Classic Ferraris remain in high demand, with two cars breaking world records. A staggeringly low mileage 1991 Testarossa with an accompanying five-piece Ferrari luggage set sold for a premium inclusive total of £202,500, a huge £72,500 over its lower estimate and a new world record price.

A rare and sought after 1999 456M, with just 400 miles on the clock and only one previous owner, was bought for another record-breaking £118,125.

One of the sale’s most eye-catching cars was a 1991 Alfa Romeo SZ. The rare model had just 808km on its clock and fetched a world record price of £84, 938; more than £30,000 over its lower estimate.

A 1973 Porsche 911 2.4S with an extensive history file sold for £114,750, more than £20,000 over its lower estimate price of £90,000. With interest in Targas rising, this car presented an exciting investment opportunity for collectors.

Silverstone Auctions’ managing director Nick Whale said: “This is another great set of results for our vendors and gives a promising and exciting outlook for the year ahead.”

One of the sale’s most unusual lots was a 1955 Volkswagen Type 2 Samba Microbus which fetched £67,500. The first Type 2 Samba imported into the UK and an important piece of Volkswagen history, the Samba had been perfectly restored and is thought to be the only surviving example of the few Wolfsburg-built examples that were imported into the UK.

A number of historic motorcycles were also presented, with a rare 1965 Triumph ‘Thruxton’ Bonneville breaking the fourth world record of the sale, reaching an impressive £21,938.

13 race cars were sold at the sale, with one of the most fascinating models offered being a 2010 Aston Martin Vantage GT2 Chassis 007. Sold for an impressive £105,750, the model was the Le Mans support race winner, entered by Villois Racing for drivers Filippi and Lavio. It also competed in six rounds of the GT Open series, with Guerrrero winning the Pro-Am race at Brands Hatch.

Consignments are now being invited into the Restoration Show Sale, with interest placed on classic car discoveries and barn finds, and takes place at the NEC on March 28.

A rare 1999 Ferrari 456M, with just 400 miles on the clock and only one previous owner, was bought for £118,125.

A rare 1999 Ferrari 456M, with just 400 miles on the clock and only one previous owner, was bought for £118,125.

A 1991 Alfa Romeo SZ and fetched a world record price of £84,938.

A 1991 Alfa Romeo SZ and fetched a world record price of £84,938.

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: