Joined by hundreds of
historic motorsport and classic car enthusiasts over three days at Stoneleigh
Park in Warwickshire, Silverstone Auctions achieved a sales rate of 76 per cent
and total sales of £5.7million at Race Retro, over £1million more than last year’s
sale and its highest ever result at the show.
Headlining the results
was a 1974 Ferrari Dino 246 GT, which sold for an amazing £439,875, nearly
£140,000 over its lower estimate. The beautifully presented car, with the rare
factory fitted flared wheel arches, was subject to a long bidding war between a
buyer in the room and another on the phone, with the phone bidder eventually
winning out.
From the same private
owner, who was delighted after the sale, came an equally impressive 1998
Ferrari F355 Berlinetta with an incredibly low mileage of just 7,017 miles from
new. The car sold for £136,125, more than £50,000 over its lower estimate. Another
special supercar, more than living up to its pre-sale hype, the 2005 Ford GT,
formerly owned by Jenson Button, sold for £264,375.
Jaguar collectors were
clearly impressed by the fully restored, matching numbers 1960 Jaguar XK150 3.8
SE Drophead Coupé. A long bidding war led to the car selling for £132,750, more
than double its lower estimate. Another bidding war led to the stunning 1953
Alfa Romeo 1900 Barchetta Modificato selling to a buyer in the room for
£94,500, nearly £30,000 over its lower estimate.
A definite speciality
for Silverstone Auctions, all 12 Porsches offered in the classic car auction were
sold, headlined by a 1980 Porsche 911 (930) Turbo, which sold for £109,125. Continuing
to prove in demand, six fast Fords were sold, with a 2010 Ford Focus RS with
just 1,800 miles selling for £41,063, more than £9,000 over lower estimate.
Speaking after the
sale, managing director of Silverstone Auctions, Nick Whale, said: “Wow, what a
fantastic set of results for our vendors. I’m delighted that once again our
winning combination of sensible estimates and reserves, presentation, pre-sale
marketing and auction atmosphere has paid dividends.
This was certainly our
best ever Race Retro catalogue and buyers clearly agreed, so it’s wonderful to
see so many going home incredibly happy with their
purchases.”
Beginning the weekend
by selling 27 competition cars, Silverstone Auctions sold a 1961 Emeryson
Formula 1 Climax FPF (FIA), the last surviving example of just four ever made, for
£174,380. Immortalised as part of the BBC’s '100 Greatest Sporting Moments',
and another highly regarded race car in motorsport history, the 1968 Chevrolet
Camaro prepared by Bill Shaw Racing sold for £65,250.
Silverstone Auctions’ May
Sale takes place on Saturday 13th May back at its spiritual home of
Silverstone circuit. Entries are now invited into the auction and potential
sellers are invited to speak with Silverstone Auctions as soon as possible.
Nick added: “This has
been a great start to the auction season and we now look forward to our next
sale and speaking with prospective sellers soon.”
To view the full list
of results from Silverstone Auctions’ Race Retro Competition Car Sale please
visit: https://www.silverstoneauctions.com/race-retro-competition-car-sale-2017/view_lots/pn/all
To view the full list
of results from Silverstone Auctions’ Race Retro Classic Car Sale please visit:
https://www.silverstoneauctions.com/race-retro-classic-car-sale-2017/view_lots/pn/all.