Ferrari 412 T1

1994 Ferrari 412 T1

Offered by RM Sotheby’s | London, U.K. | October 24, 2019

Photo Courtesy of RM Sotheby’s

The 412 T1 was Ferrari’s Formula One car for the 1994 season. Mid-way through the season, the cars were heavily updated and were later dubbed 412 T1B. The 412 T2 would replace the car for 1995. Ferrari’s drivers for 1994 were Gerhard Berger and Jean Alesi, the latter of whom would be replaced for two races by Nicola Larini after Alesi had a massive testing crash.

This car is powered by a 3.5-liter V12. It is the second of eight examples built, and it was primarily used as a testing car throughout the season. Its competition history includes:

  • 1994 Brazilian Grand Prix – 3rd (with Jean Alesi)
  • 1994 Italian Grand Prix – 2nd (with Gerhard Berger)

The car has had two private owners since Ferrari sold it into public hands in 2002. It is in running order and will cross the block in London late next month. Click here for more info and here for more from this sale.

Update: Not sold.

Veneno Roadster

2014 Lamborghini Veneno Roadster

Offered by Bonhams | Cheserex, Switzerland | September 29, 2019

Photo – Bonhams

When a company like Lamborghini announces some limited-edition supercar and, at the same time, announces that all examples are already sold, do you ever wonder “who are these people that buy these cars sight unseen?” Well, the answer appears to be: corrupt politicians from Africa. It should not surprise us, ethically-speaking, that Lambo is taking this dubious cash, as Lamborghini is owned by Volkswagen. And, as we’ve learned, there aren’t a whole lot of ethics at VW HQ.

Anyway, the remarkable story of the Veneno is that it is based on the Aventador and was introduced in 2013 (really? it’s been that long already?). Only four coupes were built before the company had the sense to milk a few more customers to the tune of $4 million each for one of nine roadster examples that were to be built. This example is number seven of the nine.

The 6.5-liter V12 produces 740 horsepower, which is more than the Aventador. This one is pretty much as-new, with about 200 miles on the clock. I believe this is the first Veneno to change hands publicly. Built to celebrate Lambo’s 50th anniversary, this Veneno should bring between $5,300,000-$6,300,000. Like the Koenigsegg from last week, this car is coming from the collection of the VP of Equatorial Guinea after they were confiscated by the Swiss government. Hopefully, the money it raises finds its way back to Africa. Click here for more info and here for more from this sale.

Update: Sold $8,330,067.

1911 Selden Roadster

1911 Selden Model 40R Varsity Roadster

Offered by RM Sotheby’s | Hershey, Pennsylvania | October 10-11, 2019

Photo Courtesy of RM Sotheby’s

We’ve chronicled the story of George Selden, the man who was granted a patent for an internal combustion-powered automobile in 1895. He received a royalty on every car built in the U.S. until Henry Ford quit paying him, initiated a lawsuit, and brought the whole Selden Patent to an end in 1911.

Selden did build cars in his own right in Rochester, New York between 1907 and 1914, with commercial vehicles continuing on through 1932. The example above is from 1911, a year in which Selden offered six different models. The Model 40R was only offered as a three-passenger Varsity Roadster, which cost $2,500 when new.

Power is from a 40 horsepower, 5.8-liter inline-four, and the car remained with the same family from new until 1983. It was restored in 1996 to the condition you see here. Remarkably, this is one of only six Selden automobiles to survive. You can read more about it here and see more from this sale here.

Update: Sold $159,500.

Koenigsegg One:1

2015 Koenigsegg One:1

Offered by Bonhams | Cheserex, Switzerland | September 29, 2019

Photo – Bonhams

Koenigsegg does this thing where they design a car and then keep iterating on it and giving each new version a distinct name. The Agera was introduced in 2011 as the successor to the CC/CCX line of cars. And the Agera kind of just looked like a development of the earlier car.

The Agera and its associated line of spin-off models lasted through 2018 and included this, the One:1, which is so-named due to its remarkable power-to-weight ratio of one metric horsepower per kilogram. The twin-turbocharged 5.0-liter V8 makes 1,341 horsepower. Only six were built between 2014 and 2016.

This particular car – as with many of the other exotics in this sale – was owned by the vice-president of Equatorial Guinea (who also happened to be the son of the sitting president). His cars were seized by the Swiss government after he was found guilty of embezzlement. He has a pretty terrible rap sheet of financial crimes and sounds like a real, great overall dude. This car cost $2,850,000 when new and now is expected to bring $1,800,000-$2,300,000. Click here for more info and here for more from this sale. Proceeds go toward social programs in Equatorial Guinea, where perhaps the money should’ve been spent in the first place.

Update: Sold $4,627,820.

Wolverine Can-Am

1965 Wolverine-Chevrolet LD65

Offered by Bonhams | Chichester, U.K. | September 14, 2019

Photo – Bonhams

Can-Am’s debut season was 1966. But it wasn’t a surprise. Driver Jerry Hansen knew it was coming and got together with two engineers from GM to design and build a race car for him for the ’66 season.

Lee Dykstra (for whom the car appears to be named) and George Anderson designed this, the Wolverine. It has a tube spaceframe chassis and a small-block Chevrolet V8. An aluminum body was constructed, but over time the rear section has been replaced with fiberglass.

Hansen entered the car in the first Can-Am race, where he finished 20th. It also ran in SCCA events that year, but for 1967, Hansen upgraded to a McLaren. The Wolverine passed between a few other owners and was entered in Can-Am races through 1970.

They intended to build three of these, but only one was completed. The current owner bought the car in a series of boxes and had it completely rebuilt since 2010. It’s been at the Goodwood Revival and Monterey Motorsports Reunion. It should now sell for between $98,000-$110,000. Click here for more info and here for more from this sale.

Update: Sold $99,254.

Apollo 3500 Spider

1963 Apollo 3500 GT Spider

Offered by Worldwide Auctioneers | Corpus Christi, Texas | October 4-5, 2019

Photo – Worldwide Auctioneers

There is absolutely zero about this car that screams “Oakland, California.” Yet that’s where it was assembled. The Apollo was the result of the work of a trio of Californians who wanted European style and American reliability in their sports cars. The first Apollo went on sale in 1962. Two models were offered: the 3500 GT and the 5000 GT.

This 3500 GT model is powered by a 3.5-liter Buick V8 that made 200 horsepower. The body was built in Italy by Intermeccanica, and the whole package was assembled in Oakland.

Only 11 GT Spiders were built, with this being the very first one. About 90 Apollos were made in general across multiple companies (including cars badged as the Vetta Ventura). They’re very rare, but they’re around. And the Spider variant is beautiful. It is being sold without reserve, and you can read more here. See more from this auction here.

Update: Sold $506,000.

Brooke ME190

1998 Brooke ME190

Offered by Bonhams | Bicester, U.K. | September 26, 2019

Photo – Bonhams

The Brooke ME190 was designed by Toby Sutton and produced by his company, Brooke Cars beginning in 1994. Its looks and two-abreast seating are very reminiscent of the LLC Rocket, but it is said that this car was designed first.

Powertrains for the ME190 differed, but all of them were mounted behind the driver. This car is powered by a Honda 1.8-liter inline-four from a Civic Type R that has been tuned to put out more than 200 horsepower (the stock ME190 made 190 horsepower).

Only about eight examples were produced before the company ran into financial trouble and closed down. Another company bought the rights and produced only slightly more updated versions called the Double R. This car should bring between $20,000-$24,000. Click here for more info and here for more from this sale.

Update: Not sold.

1963 Town & Country

1963 Chrysler New Yorker Town & Country

Offered by Mecum | Louisville, Kentucky | September 20, 2019

Photo – Mecum

The Chrysler New Yorker nameplate dates back to 1940, and the Town & Country model was introduced in 1941. For a while, Town & Country models could be had in all manner of body styles, including a very attractive convertible. But by the time the 50s rolled around, they became the station wagon versions of other Chrysler cars.

And that’s what we have here. The sixth-generation New Yorker went on sale in 1960, and by 1962 those wild rear fins had disappeared. This nine-passenger Town & Country is one of just 1,244 built in 1963. It is powered by a 6.8-liter V8 capable of 340 horsepower.

So why is it notable? Well, there was the limited production, but how many of these actually survived? And in this condition at that? This car retailed for $4,815 when new. It should certainly bring more than that later this month. We’ll have to wait and see just how much more. Click here for more info and here for more from this sale.

Update: Withdrawn from sale.

August 2019 Auction Highlights

We’ll start in August with Mecum’s Harrisburg sale, where an insane thing happened: the Plymouth Superbird we featured (that also happened to be Richard Petty’s former race car), failed to sell… for $3,500,000. Yeesh. The overall top seller was this 1970 Plymouth Hemi Cuda Sox & Martin drag car for $429,000. Click here for complete results.

Photo – Mecum

Now we move to Monterey, and we’ll start with Bonhams Quail Lodge sale. The top sale was the Ferrari 340 America we featured. It brought $3,635,000. No-sales among our feature cars included the Shelby/De Tomaso racer, the Siata 208 CS, and, I’m pretty sure, this Stutz Monte Carlo. Most Interesting is awarded to this 1935 Bugatti Type 57 Galibier sedan by Gangloff that went for $246,400.

Photo – Bonhams

Other highlights here included the Fran Roxas-bodied Duesenberg for just $478,000, the Hughes-Kircher Special for $304,200, the 1928 Cunningham for $80,000, and a previously-featured 12-seater Delahaye for $86,800. Click here for complete results.

Pivoting back to Mecum for their Monterey sale, we find that the top seller was this 1967 Ferrari 275 GTB/4 that sold for $2,750,000.

Photo – Mecum

The Ferrari 250 Monza was a no-sale at $20,000,000 – which just means that they had exceedingly high expectations for a car they didn’t seem too sure what it was. Other no-sales included the Delahaye Narval and previously-features cars such as this Rolls-Royce Silver Wraith, a Talbot-Lago, the Lamborghini Centenario, a Corvette ZR2 convertible, and the Dragonsnake Cobra. The Gerhardt-Offy and Lola-Menard also failed to sell.

But, Arie Luyendyk’s ’97-winning car went for $440,000. Other sales included the Mercedes Alpine racer for $330,000 and a previously-featured McLaren 675LT Spider for $253,000. Click here for the rest of the results.

Next up is Gooding & Company’s Pebble Beach sale. We’ll start with the no-sales, which included the Alfa Superflow, Jaguar XJR-10, and, I think, a previously-featured OSCA. The biggest seller was this 1958 Ferrari 250 GT LWB California Spider that sold for $9,905,000.

Photo – Gooding & Company

The Ferrari we featured, the Niki Lauda F1 car, sold for $6,000,000. Other Italian sales included the Alfa 256 for $2,755,000 and the Isotta Indy car for $2,645,000.

And our other feature cars, in decreasing order, were the Duesenberg Sport Berline for $2,040,000, the Studebaker Indy car for $1,105,000, and the Tatra for $412,000. Click here for more results.

And to wrap this post up, RM Sotheby’s much-talked-about sale, where the expected star, the 1939 Porsche, failed to sell after mass confusion. They did manage to set a record for a McLaren at auction, selling this 1994 McLaren F1 “LM-Spec” car sold for $19,805,000. These cars are not done appreciating.

Photo Courtesy of RM Sotheby’s

Other no-sales included the Ferrari 196 SP, the Ferrari 375MM, the Vector M12, a Duesenberg, and a previously-featured Maserati. On the “cheap” side of things, we have the 1990s Pantera for $240,800, the Jaguar Pirana for $324,000, and a previously-featured Rolls-Royce for $665,000.

Seven-figure cars included the Lincoln Indianapolis Concept at $1,105,000, the Aston DB5 wagon for $1,765,000, the Ferrari FXX for $3,520,000, and the GT40 Roadster for $7,650,000. Click here for final results.

Rochdale GT

1957 Rochdale GT Coupe

Offered by Bonhams | Chichester, U.K. | September 14, 2019

Photo – Bonhams

Rochdale Motor Panels and Engineering was founded in 1948 by Frank Butterworth and Harry Smith. They got their start producing automobiles in 1954, which were technically just fiberglass shells used by customers to re-body Austin Sevens.

The GT was the third such product launched by the company, and it went on sale in 1957. They had the Ford Popular in mind as a base, but by 1960 you could get it on Rochdale’s own frame, as the company had moved to produce its own cars outright with the introduction of the Olympic in 1959.

This example is based on a Ford Popular frame and is powered by a 1.5-liter Coventry-Climax inline-four producing 140 horsepower. The GT was far and away Rochdale’s largest success, with about 1,350 built in total. Rochdale closed its doors in 1973, and it is thought that only about 80 GTs survive. This one has been restored and is eligible for historic racing events. It should bring between $36,000-$49,000. Click here for more info and here for more from this sale.

Update: Sold $31,194.