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— Automotive Feature

Monterey Car Week Auctions: The cars that fetched more than a million

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.

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— Automotive

Pinnacle Portfolio sells for $67 million to become world's most valuable car collection

By - August 13, 2015 270 Pictures

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.

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— Automotive

A look back at the Concorso d’Eleganza Villa d’Este

By - May 29, 2015 407 Pictures

The Concorso d’Eleganza Villa d’Este and the accompanying Villa Erba auction put on yet another spectacular show at the weekend, with 11 cars selling for more than a million dollars, 34 of the 39 lots on offer sold, and an average sale price of $880,000 per car. While the auction was spectacular, the three day show across the adjacent villas was beyond spectacular in every respect, with the finest of Europe's vast automotive heritage on display.

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— Collectibles

Motorcycle connoisseurs find inspiration in Alabama

By - May 25, 2015 66 Pictures

Two hours west of the Atlanta airport is a five story, state of the art monument of glass, steel and concrete generally considered to be the finest motorcycle museum in the world. Designed by its founder, George Barber, to draw visitors from all over the globe to his home town of Birmingham, Alabama, those that make the trip to the Barber Vintage Motorsports Museum can immediately see they are witnessing a truly remarkable achievement. This is a place like no other.

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— Automotive

Porsche's lighter, more fuel efficient 911 GT3 R racer

By - May 20, 2015 8 Pictures

Just when you thought Porsche's 911 range couldn't be expanded further, the German marque has managed to squeeze another model into the lineup. The latest addition isn't another road-going special, however. Instead, Porsche has taken the production 911 GT3 RS and turned it into a fully-fledged GT3 racer, designed to be quicker and easier on the wallet than the car it replaces.

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— Collectibles

Concorso d’Eleganza Villa d’Este & RM-Sotheby's Villa Erba auction preview

By - May 20, 2015 137 Pictures

One of the world’s most exclusive and tradition-steeped events for historic cars and motorcycles takes place on the shores of Lake Como next weekend (22-24 May). Here's our guide to what to you can see at Concorso d’Eleganza Villa d’Este and what's for sale at RM-Sotheby's Villa Erba auction preview where 15 vehicles are expected to sell for more than $1 million each, and two cars are likely to move into the 20 most valuable cars ever sold at auction, both fetching more than $10 million.

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— Collectibles

Herbie "The Love Bug" sells for $126,500 + 25 other cars you'll wish you had bought

By - April 27, 2015 70 Pictures
In terms of investment potential, the prices of cars which formerly starred in movies are accelerating faster than the already bullish collectible car and movie memorabilia markets. This week Herbie (The Love Bug) set a new world record for a Volkswagen Beetle at $126,500 to become one of the top 50 movie cars ever sold at auction. We've also scoured the auction results of the last ten years to show how much movie cars are appreciating. Read More
— Automotive

Porsche working on variable-compression engine

By - April 26, 2015 2 Pictures
While the fashion in high-tech automotive developments might lean towards hybrids and electric vehicles at the moment, there’s still plenty of scope to improve the good old internal combustion engine and one of the holy grails of such development is the creation of a viable variable-compression-ratio system. Now Porsche is working on just such an engine, revealed in the form of a newly-published patent, which will be able to alter its compression ratio. Read More
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