RM SOTHEBY’S ACHIEVES $16.4 MILLION
IN ONLINE ONLY: DRIVING INTO SUMMER SALE
STAND OUT RESULTS ACROSS SUPERCARS, CLASSIC GRAND TOURERS, AND MORE
- RM Sotheby’s achieves $16,385,738 in sales with Driving into Summer (21-29 May)—the auction house’s first car auction specifically curated for the Online Only platform
- Sales led by 2003 Ferrari Enzo at $2,640,000, becoming most valuable car sold in a dedicated online only collector car auction to date
- Rare, race-bred 1985 Ferrari 288 GTO also achieves $2,310,000
- Complete results for Online Only: Driving into Summer sale available at rmsothebys.com
- RM Sotheby’s Online Only auction calendar continues with The European Sale featuring the Petitjean Collection, open for bidding 3-11 June
BLENHEIM, ONTARIO, CANADA – June 1, 2020 – (Motor Sports Newswire) – RM Sotheby’s hosted its first car auction specifically curated for the Online Only platform—Driving into Summer—with great success this past week, presenting 193 motor cars and 24 lots of memorabilia, which opened for bidding on 21 May and closed in a staggered format on 28-29 May. The time-based, online auction totaled an impressive $16,385,738 in sales. More than 550 bidders participated from no less than 35 countries, with 24 percent bidding with RM Sotheby’s for the first time.
Proving that rare, iconic supercars remain in strong demand among enthusiasts, it was a 2003 Ferrari Enzo that led the online auction sales, selling for $2,640,000 to become the most valuable car sold in a dedicated online only collector car auction to date. An exceptional, as-new example of Maranello’s defining millennial hypercar, chassis no. 133033 was offered at auction from just two California-based owners, having resided within its first owner’s collection until 2018. Regularly serviced and used sparingly, 133033 goes to its next caretaker in outstanding condition, showing just 1,250 original miles and optioned with the very rare two-tone racing seats with red 3D cloth inserts.
Following close behind the Enzo, an exhilarating 1985 Ferrari 288 GTO sold for $2,310,000 during the Friday sale session, taking the second top sale slot. Enjoyed by a mere three caretakers throughout its life, the 288 GTO was originally delivered to well-known Ferrari collector Hartmut Ibing optioned with factory air conditioning and power windows.
“We are extremely pleased with the results of our first Online Only collector car auction curated specifically for the digital platform,” comments Gord Duff, Global Head of Auctions, RM Sotheby’s. “We saw continued momentum from our Online Only Palm Beach car auction, with considerable pre-sale interest from consignors and bidders, as well as activity throughout the auction with more than 550,000 total page views. We also saw an abundance of bidding throughout the week and during the closing days with an increased average of 19.6 bids per lot, up to a total of 56 bids on a single lot. Stand-out prices resulted across the sale, demonstrating sustained demand from collectors for buying and selling a wide spectrum of quality cars online—including blue-chip collectibles. The sale of both the Ferrari Enzo and 288 GTO mark a significant milestone for what the RM Sotheby’s Online Only platform can achieve, as well as the confidence with which our clients can bid.”
Other notable Ferrari highlights include a beautifully restored, matching-numbers, one-of-50 1958 Ferrari 250 GT Coupe with rare coachwork by Ellena, which brought in $671,000; an essentially new 2020 Ferrari 488 Pista Spider, stunningly specified, highly optioned and showing less than 90 miles at $605,000; a 2019 Ferrari 812 Superfast, fitted with the most powerful naturally aspirated production V-12 engine with 785 bhp, which generated $335,500; and a U.S.-specification 2001 Ferrari 550 Barchetta Pininfarina, the 375th example of just 448 built and finished in the desirable shade of Nero at $308,000.
Beyond the Ferrari highlights, supercars were also well-represented in the Online Only sale by an iconic trio of Ford GTs—a 2017 GT, a 2006 GT Heritage and a 2005 GT. Born and bred on the racetrack, the nicely optioned 2017 Ford GT was offered at auction equipped with carbon fiber wheels and finished in stunning Triple Yellow with Lightning Blue stripes. Powered by 647 hp, 3.5-liter twin-turbocharged V-6 engine, the GT achieved a final $836,000. Holding the unique distinction of being the final Heritage GT built for 2006, the three-option Heritage was offered from just two owners since new, showing just 5,400 miles and sold for $385,000. A desirable, four-option example, the 2005 GT presented wonderfully in Mark IV Red with white racing stripes and brought in $290,000.
Additional stand-out sales in the Driving into Summer auction include a virtually as-new, one-of-900 2020 Lamborghini Aventador SVJ at $467,500; a rare non-hood scoop 1965 Shelby 427 S/C Cobra ‘4000 Series’ with under-car exhaust at $396,000; a desirable early flat-floor 1962 Jaguar E-Type Series 1 3.8-Litre Roadster at $214,500 (est. $160/180k); a 1963 Chevrolet Corvair 95 Rampside Pickup, boasting a stunning, concours-quality restoration, nearly doubling its high pre-sale estimate at $88,000 (est. $35/45k); a 1971 Mercedes-Benz 280 SE 3.5 Cabriolet, having resided under its original family ownership for 45 years until 2016, at $297,000; and a highly desirable 1990 Mercedes-Benz 190 E 2.5-16 Evolution II, originally delivered to Japan, which surpassed its pre-sale estimate at $231,000.
RM Sotheby’s Online Only: Driving into Summer – Top Ten Sales
|1.||Lot 294||2003 Ferrari Enzo (#ZFFCW56A030133033)||$2,640,000|
|2.||Lot 279||1985 Ferrari 288 GTO (#ZFFPA16B000055223)||$2,310,000|
|3.||Lot 161||2017 Ford GT (#2FAGP9CW1HH200087)||$836,000|
|4.||Lot 168||1958 Ferrari 250 GT Coupe (#0861 GT)||$671,000|
|5.||Lot 188||2020 Ferrari 488 Pista Spider (#FZZ91HMA7L0253232||$605,000|
|6.||Lot 225||2020 Lamborghini Aventador (#ZHWUM6ZD7LLA09029)||$467,500|
|7.||Lot 193||1965 Shelby 427 S/C Cobra ‘4000 Series’ (#CSX 4425)||$396,000|
|8.||Lot 123||2006 Ford GT (#1FAFP90S26Y401898)||$385,000|
|9.||Lot 133||2019 Ferrari 812 Superfast (#ZFF83CLA6K0239105)||$335,500|
|10.||Lot 249||2001 Ferrari 550 Barchetta (#375/488)||$308,000|
Online Only: The European Sale featuring the Petitjean Collection, originally set to take place in March as the company’s second annual live Essen auction, and now set to open for bidding via rmsothebys.com on 3-11 June. The sale comprises over 185 fine collector cars and a selection of memorabilia, parts, and collectibles, ranging from an incredible pre-war Bugatti Type 57 Cabriolet to an as-new, track-ready 2020 Porsche 935 ‘Martini’, along with the nearly 100 sought-after cars presented from the single-owner Petitjean Collection and offered entirely without reserve.
Complete results from RM Sotheby’s Online Only: Driving into Summer as well as additional information on upcoming auction are available at rmsothebys.com. RM Sotheby’s Online Only Summer 2020 Calendar is also available via the Media Center.
- Results are listed in USD and include buyer’s premium.
- Results include select transactions that occurred immediately following the sale.
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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