Two auctions at the extremities of the world on consecutive days last weekend highlight the importance of the internet in the modern elite auction process. One in Denmark was a raging success, the other, in New Zealand, was not. One employed full internet streaming and bidding, the other did not.
In 2013, Jaguar took the wraps of its C-X17 concept at the Frankfurt Motor Show. Now, at the same venue, the same design team has turned that concept into the Jaguar 2017 F-Pace. Combining the sportscar performance of a traditional Jaguar with more room and family-friendly features, the luxury five-seater SUV derived from the F-Type launched not only into the showrooms, but into the Guinness Book of Records.
The Monterey Car Week auctions have come and gone, and the analysts are still trying to sort through the numbers to figure out what they mean. There were more auctions and more cars presented this year than ever before, and the two biggest collectible car auction houses (RM Sotheby's and Gooding & Co.) grew sales considerably year-on-year, but the overall gross take for the combined auctions comes in within a few dollars of last year's record numbers. Like all those who ply the trade as buyers or sellers, the market appears stronger at the top end and slightly softer in the middle.
The sixty fifth anniversary of the first Pebble Beach auto racing weekend is now much greater than anyone could have envisaged when California's Monterey Peninsula community began this journey. Originally a race and low-key concours boasting European style racing cars, it has now evolved into what is known as Monterey Car Week. Camera in hand, Somer Hooker attended almost everything of significance at the 2015 event.
Monterey Car Week's auctions began on a positive note tonight when the Pinnacle Portfolio became the most valuable single owner car collection ever sold at auction. Sales from the 25-car auction totaled more than US$67 million, exceeding the previous record by nearly 25 percent. The top sellers were a 1964 Ferrari 250 LM, which sold for $17,600,000, and a 1998 McLaren F1 "LM-Specification", which sold for $13,750,000. Nearly half the cars in the collection set new world records for the models.
Only 18 cars have ever sold at auction for more than US$10 million. It's illustrative that 11 of those cars have sold during the mid–August Monterey Car Week auctions surrounding the Pebble Beach Concours
d’Elegance. This year that number might rise dramatically as there are 10 cars
going to auction over a three day period that are estimated to surpass the $10
The Harrington Group's half-scale cars have been around for 13 years, with the entire fleet of classic look-alikes being completely reengineered two years ago and a new level of sophistication added to the designs. The latest release of a two-thirds scale 1960s Lotus 25 F1 lookalike could prove to be much more than just an exquisite toy for the wealthy though. It's a low cost race car which could form the basis for a whole new sport with more relevance than karts.
Jaguar has taken the wraps off the 2016 version of its XJ flagship
luxury saloon. With an expanded model variant range with two new top-end
models, the XJR-Sport and XJ Autobiography, there aren't too many
surprises, but there is a greater emphasis on driver assist functions
and infotainment systems.
Jaguar has made a real effort to push the envelope recently, dropping its stuffy old English tweed jacket for a sharply-cut suit to compete with Germany's finest offerings. A big part this transformation has been a focus on innovative safety technologies, like windscreen map overlays and talking potholes. This time, Jaguar has turned to mind-reading tech to detect distracted or sleepy drivers.
With past debuts like the Project 7, Jaguar remains one of the local British brands intent on keeping the "speed" in the annual Goodwood Festival of Speed. This year, it's shining the spotlight on a more extreme side of speed, and its presence promises to be one of the big highlights of the event. It will be showing several fast, pretty cars from its present and past, including the all-new XJR Rapid Response Vehicle. The specially prepared performance sedan is built to support the Bloodhound SSC in its quest to break the land speed record.