Classic Car Weekly (UK)

The Month in Auctions

Senna F1 cars fly to over £5m and more than £50k is paid for a standard Ford Escort Mexico

- RICHARD HUDSON-EVANS market analysis from our man on the sales room floor

by Richard Hudson-Evans

Buyers at the two major Monaco sales held during the Historic GP weekend spent £32.73m on 98 collector vehicles in less than 24 hours. Headlining at Bonhams were the first and last F1 cars Ayrton Senna raced round the street circuit. His 1993 GP-winning McLaren-Cosworth Ford MP4/8A was knocked down to Bernie Ecclestone in the garden of Villa La Vigie for £3.69m including premium, while his 1984 Toleman-Hart TG184 debut Monaco GP car fetched £1.42m.

In the Grimaldi Forum meanwhile, a Lamborghin­i Huracan signed by Pope Francis raised an almighty £712,250 for Pontiff-selected charities, but the top seller under the RM Sotheby’s gavel was a steel-bodied 1966 Ferrari 275GTB long-nose, which sold for £1.89m. The average paid per car at the Monaco sales this year was £335,057, the overall sale rate 71 per cent.

Back in Britain, nearly £4.8m was invested in the future of another 60 classics at Silverston­e, where 24 Ferraris changed stables in Silverston­e Auctions’ first specialist sale for the Italian marque, during which two of Jay Kay’s old cars were successful­ly rehomed. A world record £50,625 was paid for a standard production 1973 Ford Escort Mexico MkI during the allclassic­s Saturday session. The average paid per car at Silverston­e was £79,395, the sale rate 62 per cent.

Historics hammered away 106 more classics for £2.69m with premium at the Brooklands Museum, the average paid £25,386, the sale rate 65 per cent.

Brightwell­s, meanwhile, shifted 106 of 166 cars offered for £882,662 with the average spend being £8237 per lot.

 ??  ?? Silverston­e Auctions’ production 1973 Ford Escort Mexico MkI made £50,625.
Silverston­e Auctions’ production 1973 Ford Escort Mexico MkI made £50,625.
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