RM Sotheby’s Achieves $730,000 Total for Online Only Formula 1 Memorabilia Auction

191209 RM Sotheby's Achieves $730000 Total for Online Only Formula 1 Memorabilia Auction [678]

SALE LED BY AYRTON SENNA MCLAREN HONDA SIGNED HELMET FROM 1988 SEASON

  • RM Sotheby’s Online Only: Formula 1® Memorabilia auction, offered without reserve, achieves $728,454 in total sales
  • Items on offer complemented RM Sotheby’s live Abu Dhabi auction in collaboration with F1®
  • Leading top sales is a 1988 Ayrton Senna McLaren Honda Signed Helmet at $102,000 and a Ferrari F2002 Tipo 051/B/C V-10 engine at $93,600
  • Complete auction results available at rmsothebys.com
  • RM Sotheby’s Online Only offering continues with Ornamental Online: Mascots, Part II, open for bidding until 10 December

BLENHEIM, ONTARIO, CANADA – December 9, 2019 – (Motor Sports NewsWire) –  On the heels of the company’s first ever Abu Dhabi auction in collaboration with Formula 1, RM Sotheby’s concluded its second successful sale via the rmsothebys.com platform, the Online Only: Formula 1® Memorabilia auction, on 2 December with total sales reaching $728,454. The online auction, offered entirely without reserve, drew strong bidding activity from no less than 34 countries with 56 percent of bidders representing first-time RM clientele.

The sale featured 103 lots of collectibles, ranging from large-scale handmade models to racing helmets and suits, with an emphasis on the late 1980s, and early 1990s and 2000s, including the legendary achievements of FIA Formula One World Championship drivers, Ayrton Senna and Michael Schumacher. Leading the sale was a McLaren Honda Signed Helmet, 1988 believed to be worn in the first championship year of three-time FIA Formula One Drivers’ World Champion, Ayrton Senna, which doubled its low pre-sale estimate of $50,000, bringing a final $102,000. Also exceeding expectations was an 800+ hp, 3.0-liter, naturally aspirated Ferrari Tipo 051/B/C V-10 engine designed by Paolo Martinelli. Built to power one of the most successful Formula 1 cars of all time, the F2002, the engine brought $93,600 (est. $50/70k). Rounding out the top three was the Ayrton Senna McLaren Honda Racing Suit, also believed to have been worn during the 1988 season, which reached $36,000 (est. $10/20k).

191209 RM Sotheby's Achieves $730,000 Total for Online Only Formula 1 Memorabilia Auction [1]

Additional standout highlights within the collection that smashed their pre-sale estimates include Michael Schumacher’s Ferrari Nike Racing Shoes, signed by the F1 champion and said to have been his favorite shoes to race in, which sold for $25,000, more than quadrupling their high pre-sale estimate of $6,000. The Ayrton Senna Signed Racing Gloves, 1988, each signed and dated “88”, sold for $24,000, twelve times their high estimate (est. $1/2k). Selling for more than seven times their pre-sale estimate were the Formula 1 Signed Event Posters, which included posters of the Grand Prix du Canada, Japanese Grand Prix, and U.S.A. Grand Prix, at a final $5,640. Finally, a very rare Ferrari F10 Steering Wheel, 2010, equipped with 23 different switches, knobs, and dials to control the iconic Ferrari F10, sold for a final $27,600 (est. $10/15k).

Top Ten Sales

1. Lot 15 Ayrton Senna McLaren Honda Signed Helmet, 1988 $102,000
2. Lot 36 Ferrari F2002 Tipo 051/B/C V-10 Engine, 2002 $93,600
3. Lot 3 Michael Schumacher Ferrari Signed Helmet, 2001 $48,000
4. Lot 14 Ayron Senna McLaren Honda Racing Suit, 1988 $36,000
5. Lot 25 Ferrari F10 Steering Wheel, 2010 $27,600
6. Lot 1 Kimi Räikkönen Ferrari Signed Helmet, 2008 $27,000
7. Lot 21 Michael Schumacher Ferrari Nike Racing Shoes $25,200
8. Lot 13 Ayron Senna Signed Racing Gloves, 1988 $24,000
9. Lot 7 Michael Schumacher Ferrari Signed Helmet, 1998 $21,600
10. Lot 4 Felipe Massa Ferrari Signed Helmet, 2008 $21,000

Full results from RM Sotheby’s Online Only: Formula 1® Memorabilia are available at rmsothebys.com.

Next up on RM Sotheby’s online auction calendar is Ornamental Online: Mascots, Part II, open for bidding on rmsothebys.com until 10 December at 1:00 pm EDT. Offered entirely without reserve, the auction features an exceptional group of 60 automotive mascots including iconic pieces such as the Rolls-Royce Spirit of Ecstasy and UNIC “Centaur”, just in time for the holiday season. To learn more, visit, rmsothebys.com.

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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.

Source: RM Sotheby’s

 

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