Right tim­ing for Fer­rari sale?

Fer­rari fac­tory to be venue for one-mar­que auc­tion

Classic Cars (UK) - - Chasing Cars -

RM Sotheby’s is to hold a sale of Fer­raris at the Maranello fac­tory on Septem­ber 9 as part of the mar­que’s 70th an­niver­sary cel­e­bra­tions. It will be a be­lated re­turn af­ter RM held a series of ‘Leggenda e Pas­sione’ sales at Maranello be­tween 2007 and 2009.

It’s that date that poses the big­gest ques­tion: are there enough top-end col­lec­tors and cars to go round? It’s three weeks af­ter the sales bo­nanza around Peb­ble Beach, and on the same week­end that Bon­hams hosts big sales at the Good­wood Re­vival and along­side the Chan­tilly con­cours. RM is ob­vi­ously hop­ing the one­mar­que fo­cus and the com­pany’s as­so­ci­a­tion with it will carry the sale.

CEO and founder Rob My­ers says, ‘Of the 660 mil­lion-dol­lar-plus cars sold in RM’S history, 40 per cent are Fer­raris. The event will build on pre­vi­ous suc­cess in the sale of im­por­tant Fer­raris at auc­tion, which ac­counts for nearly half of all ex­am­ples sold for over $10m.’

Un­til re­cently the rise of mod­ern era su­per­cars and hy­per­cars has bol­stered re­sults at high-end auc­tions, but there are signs that buy­ers’ apetites for ever-in­flat­ing prices in this sec­tor are abat­ing.

‘Of the 660 mil­lion-dol­lar-plus cars cars sold in RM’S history, 40 per cent of the have been Fer­raris’

RM’S all-fer­rari sale in Septem­ber will clar­ify the mar­ket for Pranc­ing Horses

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