RM Sotheby's has secured the rights to sell off a selection of cars from the Indianapolis Motor Speedway Museum:
The highlights being the 1965 Le Mans winning '64 Ferrari 250 LM & the '54 Mercedes W196 Streamliner driven by Fangio & Sir Stirling Moss. Auction details are still being put together, but from what I've read, the Mercedes looks to be valued as high as $50-70 million & the Ferrari may bring in $40m+ as well.
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It seems that this car has been unfortunately pulled at the last minute.
The W196 R crossed the auction line yesterday, finalizing at $54 million. RM reports it's the most expensive Grand Prix car ever auctioned & 2nd most expensive car auctioned after its close family member, the '55 300 SLR 'Uhlenhaut Coupé'.Sotheby's has released their official auction photos for the Indianapolis Museum sale. They've added some really long, detailed history of the cars for each listing as well as their estimated values.
1954 Merc. W 196 R Streamliner: Est. $50,000,000+
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There's a lot of great cars in that auction. 300ZX IMSA Turbo, a mint condition E39 M5, C43 AMG, 300 AMG Wagon, two AMG Hammers, & a $6,000,000+ Yellowbird.1997 RUF CTR2
View the 1997 RUF CTR2 at Gooding & Company's Amelia Island Auctions. Contact us for more information.www.goodingco.com
The collection has been sold to Red Bull's Mark Mateschitz for a reported value of £500m. Mark & Bernie both commented that there is a plan to eventually build a place & move the cars for public display in the future.Bernie Eccelstone has announced he is selling his $300 million Formula 1 collection through Tom Hartley Jnr. More pics in the link, there's something for everyone who has followed F1.
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Bernie Ecclestone puts his insane F1 car collection up for sale
Spanning 50 years, there are 69 influential cars up for grabs from the sport. There's never been a chance to own a slice of Formula One history quite like itwww.gq-magazine.co.uk
Yeah, it is bizarre how these have continued to jump as a few years ago, I linked one for Danoff that ended up at $60,000. According to a link on the listing, the highest price for a ITR on BaT was $112,112 with 7k on the odometer & bone stock. Low mileage S2000s and CRs have jumped, but I haven't seen any rival what ITRs have touched upon. I know there has been a craze for Supras, NSX-Rs, & GT-Rs, but those are the top of the JDM food chain so it's easy to see why they're at where they're at. I can only theorize ITRs have been able to tag along.Good mods all around aside from the garbage ARC intake, I'd have gotten the Comptech Icebox instead as it was available as an option in some Acura dealers back in the day (the Mugen stuff could also be ordered from Primo/Verno Honda dealers in Japan). Fun fact for the North American cars, black was only available in the US, the 2000 cars being Flamenco Black Pearl and the 2001 cars being Nighthawk Black Pearl, with either color not available in Canada. Canada however did get a 1999 model year which the US didn't, so a Championship White 1999 ITR (with factory red seats front and back, something even Japan didn't get!) is probably the rarest North American model.
I'm not sure about 10k either for the valve cover, there's one right now on YAJ that's in rough shape for 5k (no bids on it though) that appears to be a legit one (they were made out of magnesium just like the F3000 cars), but the wheels themselves in that condition are probably worth 8-9k easy. That "golden era" Mugen stuff is basically unobtanium nowadays. In fact, it's probably worth more with the Mugen stuff on it than without. Not sure it's worth 100k to my mind given it's done 10k in 25 year and every rubber component will need to be replaced, but the market's crazy with these and I just don't get it, so...
That's the reasoning that makes most sense. I can't remember the exact production numbers but they weren't high, definitely under 3000 per year, probably 10-12k total over the years. Whereas Honda sold a few million EGs and everything, I mean EVERYTHING, out of a DC2 fits into an EG like it's meant to be there (because it is, they used the same platform) it's easy to see why so many were stolen and torn apart. They got quite cheap at one point, I picked up my yellow one for 12-13k IIRC, a lot of people who missed out when they were new bought them used and modified them, so I could see how finding a clean, unmolested one could bring up values.Yeah, it is bizarre how these have continued to jump as a few years ago, I linked one for Danoff that ended up at $60,000. According to a link on the listing, the highest price for a ITR on BaT was $112,112 with 7k on the odometer & bone stock. Low mileage S2000s and CRs have jumped, but I haven't seen any rival what ITRs have touched upon. I know there has been a craze for Supras, NSX-Rs, & GT-Rs, but those are the top of the JDM food chain so it's easy to see why they're at where they're at. I can only theorize ITRs have been able to tag along.
I do wonder if it's also because a lot of these are likely long gone since they're prime targets for theft. Larry Chen just bought one dirt cheap in Japan, but is keeping it there so he has something to drive and he's afraid to leave it anywhere in Los Angeles.
Are you sure you're not in the comments thread on the listing, lol. I saw yet another comment sharing your thoughts regarding how the fact the owner kept & is including the original OEM parts in the sale, also increases the value.That's the reasoning that makes most sense. I can't remember the exact production numbers but they weren't high, definitely under 3000 per year, probably 10-12k total over the years. Whereas Honda sold a few million EGs and everything, I mean EVERYTHING, out of a DC2 fits into an EG like it's meant to be there (because it is, they used the same platform) it's easy to see why so many were stolen and torn apart. They got quite cheap at one point, I picked up my yellow one for 12-13k IIRC, a lot of people who missed out when they were new bought them used and modified them, so I could see how finding a clean, unmolested one could bring up values.
I do wonder about restoration/bringing a modded one back to stock though, because Honda/Acura don't exactly stockpile parts for these cars anymore.
Yeah, it is bizarre how these have continued to jump as a few years ago