RM Sotheby’s New York City Auction – ‘Driven by Disruption’
Posted: 08.12.2015
Source: RM Sotheby’s
Event Information:
| Date and Time: | 07.12.2015 – Car Preview opens at 10:00 am – to 05:00 pm 08.12.2015 – Car Preview opens at 10:00 am – to 05:00 pm 09.12.2015 – Car Preview opens at 10:00 am – to 05:00 pm 10.12.2015 – Car Preview opens at 10:00 am – to 05:00 pm – Auction begins at 7:00 pm |
| Location: | Sotheby’s New York, 1334 York Avenue, New York, New York, United States, 10021 |
| Website: | RM Sotheby’s New York City Auction – ‘Driven by Disruption’ |
Driven by Disruption: RM Sotheby’s creative New York City Event generates more than $73.5 million in auction sales
Posted: 11.12.2015
Source: RM Sotheby`s
New York – Driven By Disruption
RM Sotheby’s rounds out record 2015 auction season with more than $73.5 million in sales at its exclusive ‘Driven by Disruption’ event in New York City
- Top-seller: 1956 Ferrari 290 MM realizes $28.05 million to claim top automotive auction sale of 2015
- Janis Joplin Porsche shatters pre-sale estimate, selling for an incredible $1.76 million
- Stunning Aston Martin DB4GT Zagato garners $14.3 million to enter history books as the most valuable British car ever sold at auction
- Complete results from RM Sotheby’s ‘Driven by Disruption’ available online at www.rmsothebys.com
NEW YORK, New York (11 December, 2015) – RM Sotheby’s rounded out a banner 2015 season in New York City last night (December 10), realizing more than $73.5 million in auction sales with 81 percent of all lots sold during its exclusive ‘Driven by Disruption’ event.
Held at Sotheby’s global headquarters in Manhattan, the two hour 45 minute ‘Driven by Disruption’ auction presented 31 pioneering automobiles and select memorabilia before a packed house. Illustrating the extensive combined global reach of both RM and Sotheby’s, bidders hailed from 18 countries, including Hong Kong, Brazil and Russia, with 22 percent representing new clientele to RM Sotheby’s.
As a prelude to the sale, RM hosted a six-day exhibition on Sotheby’s 10th floor galleries, which attracted thousands of enthusiasts to the property. Carefully curated, the exhibition provided a magnificent showcase of not only automotive history, but the company’s creative and inventive presentation.
“We are thrilled that last night in New York, the historic 1956 Ferrari 290 MM sold for $28 million to set a series of records: for a car sold at auction in 2015, for a car sold in New York City, and for a car sold by RM. The Driven by Disruption sale caps off a record year for RM Sotheby’s with 31 of the world’s finest motor cars redefining a series of auction benchmarks,” said Ian Kelleher, Managing Director, RM Sotheby’s West Coast Division. “With the eyes of both the world and New York City on the event, it was fantastic to see an average of over 1,000 people per day viewing and enjoying the 10th floor exhibition within Sotheby’s global headquarters. We were proud to provide a glimpse into the exciting world of collector cars for many new clients, and thrilled by the public’s response.”
The star of last night’s sale was the historic ex-Fangio, ex-Works 1956 Ferrari 290 MM, chassis no. 0626, which powered to a final $28.05 million to claim the highest automotive auction sale of 2015. Combining rarity, powerful mechanical specification, important racing history, and purposeful good looks, 0626 was built by the factory for Juan Manuel Fangio for the 1956 Mille Miglia and raced by the ‘Who’s Who’ of Motorsport in period. Attracting many admirers during the exhibition, the historic Ferrari was contested by multiple bidders in the room and on the phone; its impressive sales price confirms its status as one of the greatest, most original and most valuable cars ever sold at public auction.
Also commanding the attention of the world’s most discerning collectors was the stunning 1962 Aston Martin DB4GT Zagato, chassis no DB4GT/0186/R. One of just 19 built, the car sparkled under the exhibition lights before selling for an incredible $14.3 million to set a new record for a British automobile sold at auction.
One of the other most exciting auction moments of the evening came when the Janis Joplin 1964 Porsche 356 C 1600 SC Cabriolet went under the gavel. Purchased by the Queen of Rock and Roll from a used car lot in 1968, Joplin engaged Dave Richards, a friend and roadie with her band, Big Brother and the Holding Company, to customize it with a psychedelic ‘History of the Universe’ mural. Truly one of the most famous and important Porsches of all time, the car was offered by Janis’ siblings, Michael and Laura Joplin, fresh from 20 years on display at the Rock and Roll Hall of Fame Museum in Cleveland. It spurred a lively bidding contest at last night’s sale with no less than seven interested parties competing for the car before it sold for a final $1.76 million. The outstanding sales price represents a new benchmark for any Porsche 356 model sold at public auction.
Additional highlights included:
- the 1933 Pierce-Arrow Silver Arrow, chassis no. 2575029, recognized as the 1933 Chicago World’s Fair show car, sold for an above-estimate $3,740,000;
- the ex-Floyd Mayweather 2003 Ferrari Enzo, chassis no. 135440, brought $3,300,000;
- the 1963 Pontiac Bonneville ‘Roy Rogers’ Nudie Mobile, chassis no. 863S02964, the ultimate statement of Nashville haute couture, garnered $308,000; and,
- the 1954 Siata 208S Spider, chassis no. BS 535, the last built of approximately 35 Motto-bodied Spiders, achieved $1,650,000.
RM Sotheby’s Driven by Disruption Top 10 sales:
1. Lot 221 -1956 Ferrari 290 MM (Chassis 0626), $28,050,000
2. Lot 215 – 1962 Aston Martin DB4GT (Chassis DB4GT/0186/R), $14,300,000
3. Lot 211 – 1958 Ferrari 250 GT Cabriolet Series I (Chassis 0791GT), $5,720,000
4. Lot 214 – 1933 Pierce-Arrow Silver Arrow (Chassis 2575029), $3,740,000
5. Lot 216 – 1953 Ferrari 250 Europa Coupe (Chassis 0313 EU), $3,300,000
6. Lot 219 – 2003 Ferrari Enzo (Chassis 135440), $3,300,000
7. Lot 202 – 1972 Lamborghini Miura P400 SV (Chassis 5014), $2,420,000
8. Lot 206 – 1964 Porsche 356 C 1600 SC Cabriolet (Chassis 160371), $1,760,000
9. Lot 227 – 1954 Siata 208S Spider (Chassis BS 535), $1,650,000
10. Lot 228 – 1934 Delage D8 S Cabriolet (Chassis 38229), $1,430,000
Full results from ‘Driven by Disruption’ are available online at www.rmsothebys.com, with complete results from RM’s 2015 season to be released next week. The company kicks off its 2016 calendar at the Arizona Biltmore Resort & Spa, January 28-29, closely followed by its annual Paris sale, February 3 during the world-famous Retromobile week.
*Results are listed in USD and inclusive of 10 percent buyer’s premium for automobiles and 15 percent for memorabilia. Sale total includes post-sale transactions.
RM Sotheby’s New York City Auction – ‘Driven by Disruption’ – The Ferrari Lots
Posted: 08.12.2015
Source: RM Sotheby’s
| Lot | Ferrari | S/N | Estimate | Sold for: |
| 201 | Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti | 16951 | $800,000 – $1,000,000 | $847,000 |
| 204 | Ferrari Testarossa | ZFFSM17A1M0087139 | $400,000 – $500,000 | $319,000 |
| 209 | Ferrari Dino 206 GT by Scaglietti | 00404 | $700,000 – $850,000 | $770,000 |
| 211 | Ferrari 250 GT Cabriolet Series I by Pinin Farina | 0791 GT | $6,000,000 – $7,500,000 | $5,720,000 |
| 216 | Ferrari 250 Europa Coupe by Vignale | 0331 EU | $3,800,000 – $4,500,000 | $3,300,000 |
| 219 | Ferrari Enzo | ZFFCW56A130135440 | $3,000,000 – $3,500,000 | $3,300,000 |
| 221 | Ferrari 290 MM by Scaglietti | 0626 | $28,000,000 – $32,000,000 | $28,050,000 |
| 224 | Ferrari 500 Mondial by Scaglietti | 0424 MD (0564 MD) | $5,000,000 – $7,000,000 | Not sold |
| 225 | Ferrari 212 Inter Coupe by Vignale | 0257 EU | $2,000,000 – $2,400,000 | Not sold |
RM Sotheby’s to offer the ex-Fangio, ex-works Ferrari 290 MM in New York City
Posted: 19.10.2015
Source: RM Sotheby`s
RM SOTHEBY’S TO OFFER THE EX-FANGIO, EX-WORKS FERRARI 290 MM IN NEW YORK CITY: ONE OF THE WORLD’S MOST HISTORIC AND VALUABLE SPORTS RACING CARS
- RM Sotheby’s secures ex-works 1956 Ferrari 290 MM by Scaglietti, chassis 0626, for its ‘Driven by Disruption’ sale, December 10 in New York City
- Built for racing legend and five-time World Champion Juan Manuel Fangio to compete in the 1956 Mille Miglia, 0626 was driven by the ‘Who’s Who’ of motorsport in period
- Career highlights include 1st overall in the 1957 World Championship Buenos Aires 1000 KM
- Fully documented and never crashed, 0626 is one of the world’s most significant and original competition Ferraris
- ‘Driven by Disruption’ to also present an exceptionally original 1955 Ferrari 500 Mondial, chassis 0564MD/0424MD
- A showcase of automotive perfection and beauty, December 10 auction features carefully curated roster of 30 creatively-styled, cutting-edge automobiles and select memorabilia
- Further information and a frequently updated list of entries available online at rmsothebys.com
NEW YORK, New York (19 October 2015) – In the history of motor racing, it is hard to imagine two names with greater stature than Ferrari and Juan Manuel Fangio, the enigmatic five-time Formula One World Champion. To find a car which so closely connects these two great motor racing legends is the Holy Grail for car collectors and aficionados the world over. RM Sotheby’s is thrilled to announce it will offer one such automobile, the ex-Works 1956 Ferrari 290 MM, chassis 0626, at its exclusive Driven by Disruption sale, December 10 in New York City. Raced not only by Fangio but also future World Champion Phil Hill, along with numerous other celebrated Ferrari Formula One drivers, the featured Ferrari is undoubtedly one of the greatest, most original, and most valuable cars ever offered at public auction.
Chassis 0626 was specifically built by the Ferrari factory for Juan Manuel Fangio to drive in the 1956 Mille Miglia. Certainly the best driver of his era, and classed by many as the greatest driver who ever lived, Fangio raced 0626 in the 1000-mile event single-handedly, finishing an impressive 4th overall in a race hindered by appalling conditions. Dressed in the unique factory Argentinian color scheme for Fangio, the car featured a totally new 3.5-liter V-12 engine and was one of only four 290 MMs to be built. Furthermore, it was one of the first Ferraris raced in Europe by Phil Hill and also heralded the beginning of Wolfgang von Trips’ Ferrari-driving career. It was famously piloted to victory in the 1957 Buenos Aires 1000 KM by Eugenio Castellotti, Luigi Musso, and Masten Gregory. During its illustrious career, 0626 was also campaigned by other legendary names including Alfonso de Portago, Peter Collins, Olivier Gendebien, and Joakim Bonnier.
“It’s hard to know where to start when describing just how important this 290 MM is,” says Peter Wallman, Car Specialist, RM Sotheby’s. “Driven by the greatest drivers of the 1950s and built for possibly THE greatest driver in history, this is a car with which Enzo Ferrari was personally involved and is a fundamental part of Ferrari folklore. Its originality, coupled with its extraordinary provenance and history, which are truly second to none, can only lead you to conclude that it is one of the most desirable and valuable cars that will ever come to the open market.”
Combining rarity, powerful mechanical specification, important racing history, and purposeful good looks, 0626 is the ultimate 1950s factory sports racing car. An integral part of Ferrari’s 1956 and 1957 Manufacturer’s World Championship-winning teams, it participated in a roll-call of classic races during its period racing career, a selection of which are outlined below.
April 28/29, 1956 Mille Miglia Fangio
May 27, 1956 Nürburgring 1000 KM Hill/de Portago/Gendebien/Wharton
July 8, 1956Rouen Grand Prix de Portago
August 11/12, 1956 2nd Sveriges Sports Car GP von Trips/Collins
January 20, 1957 Buenos Aires 1000 KM Gregory/Castellotti/Musso
June 9, 1957 Portugal GP Gregory
In 1957, 0626 was sold through Luigi Chinetti to enthusiast Temple Buell, a friend of Enzo Ferrari, who continued to campaign the car around the world with Masten Gregory and Jo Bonnier behind the wheel. It then passed through the hands of two enthusiastic Ferrari team owners and continued to be raced up to 1964, eventually making its way into a private U.S. collection.
Following the end of its racing career, 0626 remained in the United States before it was acquired by renowned collector Pierre Bardinon, remaining in his incredible Mas du Clos Collection for almost 34 years before being purchased by its current custodian. It has since been presented at numerous prestigious events, including the 1987 Cartier “Hommage to Ferrari” exhibition and the UK’s Concours of Elegance, as well as participating in the Mille Miglia Storica. Ferrari Classiche certified, it remains the best of all the four examples built, having never fallen victim to the crucible of motorsport, and retaining its original chassis, matching-numbers engine, gearbox, and body. It comes to auction accompanied by an extensive history file and is eligible for all major historic events, including its 60th anniversary at the Mille Miglia next year (Estimate available upon request).
The 290 MM will be joined at RM Sotheby’s New York sale by another great competition Ferrari of the same era, the 1955 Ferrari 500 Mondial, chassis 0564MD/0424MD.
Finished in French Blu and equipped with a Lampredi four-cylinder engine with dual overhead camshafts, 0564MD/0424MD was sold new to French gentleman driver Mr. Yves Dupont in 1955 and successfully campaigned in period. It made its racing debut at the 12 heures de Hyères in May 1955 and later entered the famous and demanding Liège-Rome-Liège. Following the end of the 1955 season, 0564MD/0424MD was returned to the factory to be refurbished; it was never picked up by its owner and instead remained there for the next two decades, during which time it was oversprayed red by the factory and displayed at the Monza Museum. In 1975, the factory sold the car to French enthusiast Jean-Francois du Montant. Over the ensuing years, 0564MD/0424MD passed through the hands of a number of respected, enthusiast owners.
In 2008, the then-owner of 0564MD/0424MD arranged for a Padova-based body shop to delicately remove the red paint to reveal the original French Blu paint underneath, a project that took three months to complete. The car still wears its original French Blu paint today. In recent years, 0564MD/0424 MD has participated in a number of historic events, including multiple appearances at the Mille Miglia Storica, as well as at various concours events including Salon Privé. Extraordinarily original, it comes to auction following a fresh engine rebuild and complete with Ferrari Classiche certification. It is eligible to participate in all key historic events (Est. $5,000,000 – $7,000,000).
RM Sotheby’s Driven by Disruption event rounds out an already record year for the international auction house. The upcoming New York sale, to be held at Sotheby’s Manhattan headquarters on December 10, will feature a carefully curated selection of some 30 creatively-styled and pioneering motor cars, along with select automobilia. Each of the auction vehicles have been handpicked by RM specialists to showcase the extremes of motoring history and the molds that were broken by engineers and designers in pushing the automotive envelope. As a prelude to the sale, an exclusive six-day exhibition will open over the weekend of December 5 in Sotheby’s 10th floor galleries.
For further information, or to view a frequently updated list of entries, please visit www.rmsothebys.com or call +1 519 352 4575.
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About RM Sotheby’s
RM Sotheby’s (formerly RM Auctions) is the world’s largest auction house for investment-quality automobiles. With 35 years’ experience in the collector car industry, RM’s vertically integrated range of services, from private treaty sales and auctions 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. As a company, RM Sotheby’s has established numerous auction benchmarks, including the current record for the highest-grossing collector car auction of all time, with $172.9 million in sales at its 2015 Monterey event. In February this year, RM formed a strategic partnership with Sotheby’s, uniting the two companies for the full calendar of future automobile auctions. For further information, visit www.rmsothebys.com.
