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Search resuls for: "Monterey Car"


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Total sales for the more than 1,200 cars sold over five auctions at Monterey and Pebble Beach reached $397 million, the second-highest total ever for the auctions according to Hagerty, the classic-car insurance company. "The cooling market we've observed for the past 15 months finally reached the Monterey auctions after having little impact last year," Hagerty said in a report. Total online collector-car auctions pulled in around $1.9 billion last year, just below the $2.4 billion from live auctions, according to Hagerty. Bonhams sold a 1967 Ferrari 412P for $30.25 million, which made it the the fourth most expensive Ferrari ever sold. Here are the three most expensive cars sold and what they went for.
Persons: Ferrari, Hagerty, Knight Frank, Knight Frank ., Sotheby's, Bonhams Organizations: Monterey, Monterey ., Monterey Car, Ferrari, RM Sotheby's Locations: Monterey, Pebble
The Lanzador concept, which the company said is a "concrete vision" of the production version of the all-electric Lambo, debuted at Monterey Car Week. Lamborghini Lanzador concept LamborghiniA new tech halo for LamboThe Lanzador previews a slew of new technology for the sports car brand. Lamborghini Lanzador concept LamborghiniLambo heads into an electric futureLamborghini's Lanzador electric car is the first step into the brand's all-electric future. In addition to Lanzador, Lamborghini will also sell plug-in hybrid replacements for the Aventador and Huracan supercars, as well as the Urus SUV. Lamborghini Lanzador concept LamborghiniProduction is slated for the company's Sant'Agata Bolognese factory, which will require expansion and additional employees, the company said.
Persons: Lamborghini, Stephan Winkelmann, Winkelmann Organizations: Morning, Monterey Car, Lamborghini, Huracan
The rusted shell of a Ferrari race car was sold for about $1.9 million to an undisclosed buyer. It was once part of a rare 1954 Ferrari 500 Mondial Spider Series I, one of only 13 ever made. It was being sold alongside 19 other Ferraris that had sat in a barn for 45 years. The rusted shell of an old Ferrari recently sold at a Sotheby's auction for almost $1.9 million. The dented lump of metal may not look like much now, but it was once a 1954 Ferrari 500 Mondial Spider Series I, the second of just 13 that were made.
Persons: Franco Cortese, Walter Medlin, Medlin, Autoweek, Tom Cotter, Sotheby's Organizations: Morning, Ferrari, Toscana, Monterey Car Locations: Florida
(CNN) A silver Aston Martin DB5 that had been owned by actor Sean Connery was sold at auction Thursday for $2.4 million. It was a 1964 Aston Martin DB5, just the sort of car that British secret agent James Bond drove in the 1960s films in which he was played by Connery. But the 1964 is still the best known "Bond car." The company had expected it to sell for between $1.4 million and $1.8 million at its collector car auction in Monterey, California. The auction is one of a number of collector car sales during Monterey Car Week, an annual series of classic car events on California's Monterey Peninsula.
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