These kind of megadeals are at the vanguard of billions of dollars of annual spending on classic cars globally in a wave of investment in this alternative asset.
"The track record of the past 30 years tells us classic cars have become a financial asset class we want our clients to have in their portfolios."
[1/5] A general view of the classic car collection of Florian Zimmermann, owner of over 300 classic cars, in a warehouse in Lindau, Germany, April 5, 2023.
"Electrification will favour classic cars," said Cristiano Bolzoni, head of Maserati's vintage car unit Maserati Classiche.
"The classic car community has changed tremendously over the past five to 10 years," Zimmermann said.