Tuesday, February 8, 2022

Najeeb Khan's car collection - The Elkhart Collection

Wayne Gretzky's Ford GT Heritage brought $511k, above a $360k top estimate.
The final tally for RM Sotheby's Elkhart auction was $44.4m. That will be funneled directly to the U.S. federal team handling the repatriation of Kahn's fraud proceeds.

Top lot was a 1952 Ferrari 225 S Berlinetta with coachwork by Vignale which hammered for $2.8m. A Ghia-bodied 8V Supersonic raked in just over $2m for second place. A restored Lamborghini Miura made $1.6m, and a 1955 Mercedes-Benz 300 SL $1.5m.
Najeeb Khan was the founder of Elkhart, Indiana-based payroll firm Interlogic Outsourcing Inc. He is accused of fraud exceeding $100m. Khan resigned from the company and filed for personal bankruptcy. Khan's huge former car collection went up for auction through RM Sotheby's.

Ford once owned by Wayne Gretzy.
The 281 vehicles were valued at $31m. 240 cars, 30 motorcycles, trucks, trailers, and a boat were all up for grabs. Dubbed the 'Elkhart Collection', it included many iconic cars.
1952 Ferrari 225 S Berlinetta

1964 Aston Martin DB5
See ----->1952 Ferrari 225 S Berlinetta by Vignale
See ----->1953 Fiat 8V Supersonic by Ghia