All posts tagged car auctions

Formula 1 sales from Brawn and Renault

By Alison in: Curiousities Renault

BAR Honda

Ross Brawn is set to auction some of the historic pieces from the old Honda Formula 1 team. And in another act of liquidity, it appears Renault has also taken a similar decision. But there’s a catch: none of the models will be sold as whole cars, with only single components being available.

At the next Silverstone Classic Race Meeting Ross Brawn will sell the chassis of the BAR and Honda, which partecipated in F1 seasons from 2001 to 2006. And for the joy of fans, the prices are not stratospheric, with the 2001 BAR apparently up for grabs at 8,000 euros. As far as decorative pieces go, it’s not bad memorabilia.

The only dissatisfaction is likely to be for Brawn, as the auction proceeds will be far inferior to the 20 million pounds that the team has lost for the rights to the Honda name, and therefore revenue, that haven’t been recognised.

At the Silverstone GP Renault is to promoted a similar initiative, with chassis, engines and other components of F1 that have participated in the British gran prix up for sale. It looks like the right time to be collecting bits and pieces of memorabilia.

Source | PistonHeads

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"Leggenda e Passione" auction: Ferrari 250 Testa Rossa sells for 9 million euros

By Alison in: Ferrari

Ferrari 250 Testa Rossa

A Ferrari Testa Rossa from 1957 has reached the incredible sum of 9.02 million euros at the “Leggenda e Passione” auction in Maranello. Purchased by a lucky, anonymous collector, it’s the 4th example of the 34 that went into production, winning fourth place in the 1000 km of Buenos Aires.

It reaches the height of Ferrari’s at auction, following the 250 GT California Spider from 1961 that two years ago was sold for 7.04 million euros. Other models sold at this event were a Maserati MC12 Corsa for 700,000 euros, a Ferrari F40 for 260,000 euros, and at higher figures, a Ferrari 250 Berlinetta Tour de France at 2.1 million, and a 250 California LWB at 1.92 million.

Ferrari 250 Testa Rossa

Ferrari 250 Testa Rossa Ferrari 250 Testa Rossa Ferrari 250 Testa Rossa

Continue reading: "Leggenda e Passione" auction: Ferrari 250 Testa Rossa sells for 9 million euros

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