RM Auctions Announces New Venue for 2020 South Florida Sale




BLENHEIM, ONTARIO, CANADA – October 15, 2019 – (Motor Sports NewsWire) –  RM Auctions is delighted to announce that the company’s annual South Florida sale will move to Palm Beach International Raceway for 2020, on the weekend of 20 March. Now in its 18th year for 2020, RM Auctions event has long been regarded as South Florida’s premier collector car auction while being held at the Greater Fort Lauderdale/Broward County Convention Center for the last several years.

The Palm Beach International Raceway (PBIR) is an iconic track with a fascinating history of drag racing and road racing in Florida. A legendary institution dating back to 1964, PBIR plays hosts to additional collector car events, including the Cavallino Classic, and will offer RM Auctions an ideal space for the Palm Beach sale. Located near Jupiter, Florida, PBIR is accessibly located for RM Auctions clients and attendees, near multiple major Atlantic coast airports.

Gord Duff, Global Head of Auctions, RM Sotheby’s Group, commented: “We’re looking forward to building on our many years of success in South Florida at our new Palm Beach venue. Historically the Fort Lauderdale auction has grown exponentially in value and quality over the last several years and we are excited to bring this growth and atmosphere to PBIR. Our consignors, bidders, and attendees can expect more than 350 quality collector cars offered across a multi-day auction event, at an exciting new destination on our calendar.”

Top-selling 2015 Ferrari LaFerrari at RM Auctions 2019 South Florida auction (Credit – Andrew Miterko © 2019 Courtesy of RM Auctions)

The 2020 Palm Beach sale follows RM Auctions best-ever results in South Florida, achieved earlier this year when the auction house’s Fort Lauderdale auction totaled more than $23.2 million with 80 percent of all lots sold across a two-day auction at the Greater Fort Lauderdale/Broward County Convention Center. The Convention Center will be undergoing a major expansion and remodel over the next year, necessitating the change in venue. The 2019 sale saw its highest total yet, achieved by a smaller, higher quality offering, and led by some of the most valuable motor cars ever presented at the event, including a 2015 Ferrari LaFerrari at $3,080,000, a 1955 Mercedes-Benz 300 SL Gullwing at $1,155,000, and additional cars from the Youngtimer Collection.

For further information on RM Auctions 2020 Palm Beach sale, please visit rmsothebys.com or call +1 519 352 4575 to speak with a car specialist about entering your motor car.

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About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions and private sales to estate planning and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction. In February 2015, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit rmsothebys.com.

About Palm Beach International Raceway

Palm Beach International Raceway™ (PBIR) is an acclaimed motorsports and entertainment facility located in South Florida. The venue features a 2.2-mile road course, 8/10-mile autocross track and an all-concrete 1/4-mile drag strip sanctioned by the International Hot Rod Association™ (IHRA). The state-of-the-art facility hosts over 350 events year-round which includes sportsman and professional drag racing, driving schools, endurance races, autocross, car shows and special events.

PBIR is home to the Palm Beach Driving Club™ (PBDC), a private members-only club for automotive enthusiasts and resident driving school Bertil Roos Racing School. IRG Sports + Entertainment™ (IRGSE), a TPG Specialty Lending company, acquired PBIR in 2008. For more information on PBIR, please visit RacePBIR.com or connect with us on Facebook, Twitter and Instagram @RacePBIR.

Source: RM Sotheby’s

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