Monthly Archives: April 2012

The 9th Ferrari Built

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1948 Ferrari 166 Inter Spyder Corsa

Offered by RM Auctions | Monaco | May 12, 2012

The Ferrari 166 Inter was among the first models produced by the company. This particular example was the ninth Ferrari built – of all models (the sixth 166). It is an extremely early car that is preceded mostly by competition cars. It has a coachbuilt body by Carrozzeria Fontana of Padua, which is near Venice. Only 37 of these cars were built.

The 166 Inter was a competitive model from the get-go, with this car winning the 1949 Italian Hill Climb Championship. Here is a brief (and not in any way complete) rundown of it’s competition history:

  • 1948 Pescara Grand Prix – 2nd (with Count Bruno Sterzi)
  • 1948 Coppo d’Oro – 9th (with Sterzi and Enzo Monari)
  • 1949 Italian Hillclimb Championship – 1st (with Giovanni Bracco)
  • 1949 Mille Miglia – unknown result (with Bracco and Umberto Maglioli)
  • 1949 Grand Prix di San Remo – 6th (with Bracco)
  • 1950 Targa Florio – abandoned (with Giannino Marzotto and Marco Crosara)
  • 1950 Mille Miglia – 9th (with Count Vittorio Marzotto and Paolo Fontana)
  • 1951 Grenzlandring – 2nd (with Franco Comotti)
  • 1951 Grand Prix di Modena – 6th (with Frolian Gonzalez)
  • 1955 Targa Florio – unknown result (with Francesco Matrullo)

This car was entered in many other races and hillclimbs with various other drivers. The body that is on the car now was introduced to the car in 1950 by the then-owners, the Marzottos. The ‘722’ on the door was first given to the car for the 1950 Mille Miglia, when it was driven by the car’s owner and the designer of the car’s body.

The engine had been swapped and upgraded over the years, but when the car was discovered in Rome in 1970, a 190 horsepower V-12 166 engine was pulled from an ex-Marzotto Ferrari Formula 2 car and installed when it was restored in 1977. It was restored again, with the final pieces being finished in 2012, including a “preservation” of the 1950 Fontana body.

This is a storied example of the early days of Ferrari. It’s fresh and eligible for just about any historic event you wish to partake in. The pre-sale estimate is €1.100.000 – €1.800.000 or $1,440,000-$2,350,000. For the complete catalog description, with a more in depth history, click here. And for more on RM in Monaco, click here.

Update: sold $1,307,950.

Windhoff Four

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1928 Windhoff 764cc Four

Offered by Bonhams | Stafford, U.K. | April 29, 2012

Windhoff, which began producing motorcycles in Berlin in 1924, introduced their well-engineering Four in 1927. This bike featured a number of innovations that led to it being among the most expensive motorcycles of its day – not great news considering Germany’s pre-war economic woes. With an economy in ruins, the Windhoff Four was not long for this world. Company founder Hans Windhoff pulled the plug on the Four and returned to making light twins. This was not successful either and the firm folded in 1933.

The 764cc four-cylinder makes 22 horsepower. It’s so well engineered that I want to refer to it as the “German Brough Superior.” It’s certainly priced like it.

This particular motorcycle was sold at a Bonhams auction in 2008 for £100,500. The estimate for the current sale is £100,000-£130,000 or $160,000-$210,000. Not cheap, but you aren’t likely to find another one. For more information, click here and to see the entire lot list, click here.

Update: Did not sell.

Ferrari 625 TRC

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1957 Ferrari 625 TRC Spider

Offered by RM Auctions | Monaco | May 12, 2012

Impossible as it may seem, auction houses keep topping themselves with rarer and rarer cars – or in the case of RM, rarer and rarer Ferraris. This is one will be hard to top as it is but one of two 1957 Ferrari 625 TRC Spiders built. And it’s just sitting there, waiting for you to open your checkbook.

Originally purchased by West Coast Ferrari distributor Johnny von Neumann, this car has spent its entire life both A) in known hands and b) at the race track. While it never competed “with the big boys” at races like Le Mans, it has plenty of SCCA and other club racing wins under its belt. More recently, it has competed in over 100 races dedicated to vintage racing cars – far more than it did when it was new. The most interesting, perhaps, of all races this car was involved in was the very first race at Laguna Seca in 1957, where it finished 2nd.

When Ferrari shipped this car new to California, it was equipped with a 2.5-liter Lampredi straight-four engine making about 225 horsepower. In 1960, the second owner swapped out the original engine for a Chevy V8 (I shuddered as I read that the first time). Later on, the Chevy engine was replaced in favor of a 3.0-liter V-12 making 320 horsepower and the car was restored in the early 1980s.

“But, wait!” you say. “This is not a numbers matching car, surely the value is lessened.” Ah, but the original engine was tracked down (at some point, presumably by the current owner who has owned the car for 30 years) and it is offered with the car. So when you buy it, you can re-install it if you so choose. I’m beginning to wish my list of problems in life included: “which engine do I want in my Ferrari this week?”

This is one of those pesky “Estimate Upon Request” cars, so, in other words, if you need to ask, you can’t afford it. But look for it to fetch multiple millions. For the entire – and much more complete – catalog description, click here. To check out the other cars from RM in Monaco, click here.

Update: sold $6,526,800.

Barrett-Jackson Palm Beach Highlights

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A special Saturday edition! There are so many unbelievable cars coming up for auction that we’ve decided to push auction results to weekends just to leave us more time to feature individual cars.

Barrett-Jackson held their second sale of the year last weekend in Palm Beach, Florida. This might be the most “up-to-the-minute” auction recap we’ve ever done. The top sale was our featured Spyker C8 that sold for $220,000.

Other top sales included a 1959 Porsche 356A Convertible D with less than 500 miles on it since restoration. It sold for $148,500.

There were many (and I mean many) late-model imports at this sale. There were a slew of 5-10 year-old Porsches, Jaguars and Mercedes-Benz SLs. And in addition to the Spyker, there were a number of other exotics – Aston Martins, Bentleys, Ferraris and this 2008 Rossion Q1 that sold for $79,200.

As is the case at a Barrett-Jackson auction, there were muscle cars galore. Among the best was this 1970 Boss 302 Mustang Fastback in bright Calypso Coral paint. It sold for $110,000.

Of our other feature cars, the 1947 Standard Eight sold for $10,450 and the 2003 Commemorative Edition Z06 Corvette brought and impressive $90,200. Yes, there were a handful of $100,000+ cars, but there were some steals to be had as well. Chief among them was this 1959 Edsel Corsair:

It would appear to be a survivor (never restored) and it could have been yours for $11,550. That is a steal. And finally, the only true bizarro-rarity was this 2006 GDT Speedster. It’s a one-of-one engineering and styling exercise was built on a 1994 Corvette. And I’m sure the build cost exceeded the sale price of $39,600 (which is about $14,000 more than it brought when it was sold by Auctions America at their 2011 Auburn, Indiana auction).

For complete results, check out Barrett-Jackson’s website.

Bugatti EB110

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1994 Bugatti EB110 GT

Offered by RM Auctions | Monaco | May 12, 2012

If someone offered me the choice between receiving one of the two most recent Bugatti models: an EB110 or a Veyron (and I wasn’t allowed to sell them for cash) – I would take the former. I would then dictate that the car be blue and have a spoiler. And then I would wake up from that dream.

For whatever reason, the Veyron, in all of it’s 1,000+ horsepower, 250+ mph glory, doesn’t seem quite as wild or supercar-ish as does this EB110. Maybe it’s because the Veyron is a Volkswagen and this was produced by a company always on the verge of financial ruin – the true supercar-manufacturing way.

Ettore Bugatti founded his company (in France) in 1909 and when he died in 1947 it was on its last leg, building only one more true Bugatti in the mid-1950s before succumbing to the times. Enter Romano Artioli who bought the Bugatti name in the late 1980s and set up shop in Italian supercar territory near Modena. The EB110 was born shortly thereafter, entering production in 1991, 110 years after Ettore Bugatti’s birth (hence the car’s name).

In GT trim the car makes 561 horsepower from its quad-turbocharged 3.5-liter V-12. A top speed of over 210 mph was possible as were 0-60 times in the sub-four second range. It is seriously quick, even in today’s terms. There was also an SS (SuperSport) model making 603 horsepower and a top speed of 216 mph. Both models feature four-wheel drive and a carbon fiber chassis making them quite advanced for the early 1990s. They also had scissor doors – as in straight up and straight down – no faux gullwing stuff here.

In 1993, Artioli bought Lotus and tried to make headway with both brands in North America – which was experiencing a recession and was in no mood for over-the-top supercars. Artioli’s fortunes waned and Proton got Lotus during liquidation and Bugatti production ceased in 1995. Dauer Sportwagen bought the remnants of the EB110 project and built additional, slightly more refined cars. When Dauer went bust, the leftovers were acquired by B Engineering for their Adonis supercar.

The car offered here is one of 84 EB110 GTs built and one of only 115 EB110s built in total. It has covered only slightly more than 10,000 miles in its life and was recently serviced at a cost roughly four times the retail value of my current daily driver. Yikes. But I still love these cars – the 90s were a great time for ridiculous supercars and this is among the best. The estimate is $290,000-$340,000. For the complete catalog description, click here. And for more on RM in Monaco, click here.

Update: Not sold.

1926 Arab Super Sports

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1926 Arab Super Sports Low-Chassis Tourer

Offered by H&H Auctions | Duxford, England | April 19, 2012

Arab was a very short-lived marque of automobile manufactured in Letchworth, England between 1926 and 1928. It was born out of a surplus of 2.0-liter four-cylinder engines built by Leyland Motors for use in “speedy delivery vans” that were never built. Enter Leyland engineers J.G. Parry-Thomas, Reid Railton (whose name would later appear on Railton automobiles) and Henry Spurrier, who put the engines to good use in low-slung sports cars. Only six or seven cars were built. This is one of two that survive – and the lone surviving Arab that is road-worthy.

Two models were available. This is the Low-Chassis model, capable of 90 mph (the High-Chassis model was not as quick). The bodywork is attractive and evocative of a Lagonda of similar vintage.

This is an excellent opportunity to acquire a very rare car in very good shape. The pre-sale estimate is $160,000-$190,000. To read the entire lot description, click here. And to see the other cars offered by H&H at The Imperial War Museum, click here.

Update: Sold, $144,000.

Ferrari Motorcycle

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1953 Ferrari 150cc Super Sport

Offered by Bonhams | Stafford, U.K. | April 29, 2012

That’s right, a Ferrari motorcycle. But not that Ferrari. The lot description says that Enzo was “not pleased” that the name of his new sports car company was also being used on a line of unrelated lightweight motorcycles. But, the bikes were built by (dramatic music) his brother! Could you imagine an upstart motorcycle company trying to use the Ferrari name today? Oh, the lawsuits.

Built in Milan, Fratelli Ferrari’s motorcycles rolled out of the factory from 1951 through 1954, making them extremely rare. They ranged in displacement from 123cc to 248cc. Two or four-stroke. Single or twin-cylinder. This one is “original and unrestored” and has a 150cc single.

Think you can find something with a “Ferrari” badge for less than this? Good luck. The estimate is $7,200-$8,800. For the complete lot description, click here. And to check out the rest of the line up for this Bonhams motorcycle auction, click here.

On a side not, I apologize for the images. Bonhams has shrunken their images on their new website and I really loathe finding photos outside of the official ones for fear of misrepresenting the vehicle we are featuring. It might end up that we begin to feature less vehicles from Bonhams, which would be a shame. But I’ll do my best to get you the highest quality images.

Update: Did not sell.

Alfa Romeo Daytona

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1968 Alfa Romeo Tipo 33/2 Daytona

Offered by RM Auctions | Monaco | May 11-12, 2012

The Tipo 33/2 was Alfa Romeo’s prototype sports racing car for 1968. This one was a works race car that had at least one victory – finishing first at Imola in 1968 with Nino Vaccarella and Teodoro Zeccoli. The rest of the podium consisted of two other Tipo 33/2’s – a testament to the car’s dominating performance.

The “Daytona” moniker was given to the car after it won the 2-lire class at the 1968 24 Hours of Daytona. Tipo 33/2’s grabbed wins at the Targa Florio and class wins at the 1000km of the Nürburgring and 1000km of Monza.

The competition history of this car  includes:

  • 1968 500km Imola – 1st (with Nino Vacarella & Teodoro Zecolli)
  • 1969 1000km Monza – 10th (with Antonio Zadra & Giuseppe Dalla Torre)
  • 1969 GP Swerige – 12th (with Antonio Zadra)
  • 1969 Sports Neubiberg – 7th (with Klaus Reisch)
  • 1970 Dijon – 14th (with Hubert Ascher)
  • 1970 Sports Neubiberg – 5th (with Klaus Reisch)
  • 1970 Magny Cours International – 3rd (with Klaus Reisch)

This model is stated to be “the most original of its kind” and it looks fantastic – I’m sure it sounds just as good (you can get a brief snippet of engine noise from the very dramatic video of the car that RM has on their website). It has a 270 horsepower 2.0-liter V8 (there were cars with a 315 horsepower 2.5-liter V8).

A total of 28 Tipo 33/2’s were built between 1967 and 1968. Amazingly, there is an even rarer road-car variant – but who needs that when the car offered here is road registered and ready to race… er drive safely on the highway! RM’s pre-sale estimate on this car is €900,000-€1,100,000 or $1,199,970-$1,466,630. For the complete catalog description, click here. And to see the rest of what RM has in store for Monaco, click here.

Update: sold $1,305,360.

Mecum Kansas City Highlights

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Mecum Auctions’ Kansas City Auction (which ended on March 31) did not have any huge sales that broke any records. In fact, there were numerous sub-$10,000 cars that would have been a lot of fun to buy. As far as highlights go, we’ll start with the Divco Milk Truck we featured, which sold for almost exactly what I predicted at $52,000.

The top sale was a brand new 2012 Mercedes-Benz S600 sedan which sold for $133,000. Not exactly super-exciting.

The next three top-sellers were 1967 Chevrolet Corvette Convertibles. One sold for $77,500 (a 427/300). One sold for $120,000 (a 427/435). Our favorite, the 427/435 pictured below, brought an even $100,000.

Other highlights include a 1969 Plymouth GTX with the 375 horsepower 440 engine that sold for $52,000.


.As far as cheapies go, this 1955 Chevrolet Ambulance that included period medical response equipment from the 1970s sold for only $3,100.

And finally, two rare Mustangs: a 1984 SVO (top) and and 1978 King Cobra (bottom):

The SVO was from the first year of production and only about 4,508 were made between 1984 and 1986. It sold for $3,800. The King Cobra was one of only 4,313 built and has some very Trans Am-like hood decals. It sold for $7,100.

For complete results, check out Mecum’s website.

Baldwin Motion Manta Ray

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1973 Chevrolet Baldwin Motion Corvette Manta Ray GT

Offered by Mecum | Indianapolis, Indiana | May 19, 2012

The Baldwin-Motion Performance Group came together in 1967 and was active in its original form until 1974. It was a partnership between Baldwin Chevrolet and Motion Performance – both located in Baldwin, Long Island in New York. They took standard Chevrolets of the day and turned them into monsters – drag strip terrors that would eat up competitors.

Well, the muscle car era began to fade rather abruptly in the early-70s and the partnership tried something different: this 1973 Manta Ray GT Corvette. It was one of three built and the only one known to exist. It has the 350 small block V8 putting out 425 horsepower. It was also given a makeover – the attractiveness of which depends on your taste. But it is certainly distinctive.

Baldwin-Motion cars are very desirable today. The name carries similar gravitas as “Yenko” or “Nickey.” And this one is far rarer than a Baldwin-Motion Camaro from the late 60s. Better buy it now.

There is no pre-sale estimate available for this car. For the complete catalog description, click here and for more on Mecum’s Spring Classic in Indianapolis, click here.

Update: not sold.