Wednesday, August 30, 2023

20 'barn find' Ferrari up for grabs - update II

The Top 10 Lots of the Lost & Found Collection

  • 1965 Ferrari 275 GTB/6C Alloy by Scaglietti - $3,305,000
  • 1956 Ferrari 410 Superamerica Coupe Series I by Pinin Farina - $2,810,000
  • 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina - $1,875,000
  • 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina - $1,655,000
  • 1978 Ferrari 512 BB Competizione - $1,490,000
  • 1967 Ferrari 330 GTS by Pininfarina - $1,116,000
  • 1965 Ferrari 275 GTS by Pininfarina - $1,017,000
  • 1964 Ferrari 250 GT/L Berlinetta Lusso - $907,000
  • 1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti - $500,000
  • 1968 Ferrari Dino 206 GT by Scaglietti - $456,000
RM Sotheby's Lost & Found collection fetched $16.5m.
Twenty classic Ferrari are up for grabs. They surfaced in an American barn about two decades ago when the structure was flattened by Hurricane Charley. Many are from Maranello’s golden age of the 1950s through the 1970s. All will be offered without reserve at RM Sotheby’s in Monterey in August. The oldest car in the group is a fully battered 1954 Ferrari 500 Mondial Spider Series I, which records show was sold by Enzo himself. ($1.2m to $1.6m - US$1,875,000) Another notable lot is a 1966 Ferrari 330 GT 2+2 Series II, one of just 36 right-hand-drive examples.
A score of Ferrari 365 GTB/4 Daytona will cross the block. Ferrarista may fancy the 1956 Ferrari 250 GT Coupe Speciale ($1.7m to $2.3m), said to have been originally delivered to the King of Morocco. A 1978 Ferrari 512 BB Competizione, a one-of-three car built in Modena with full factory support for the 1978 24 Hours of Le Mans will bring serious money. So too will a 1965 Ferrari 275 GTB/6C Alloy by Scaglietti. The auction house is billing this as the 'Lost and Found Collection'. Each lot is being sold 'as is' and without reserve.
Ferrari’s 1965 Turin show car, this 275 GTB/6C Alloy, chassis number 07809 was clothed by Scaglietti in October 1965. ($2m to $2.5m) The berlinetta is just the third roadgoing example of the long-nose body configuration fitted with CV joints, and it was the very first example with a low-weight alloy racing body and fitted with six carburetors. Despite requiring a full restoration, the GTB/6C is a historically significant race-specified 275 with numbers-matching engine. A superior 1965 1965 Ferrari 275 GTB/6C Alloy by Scaglietti made $3.5 in 2017. Here.
1978 Ferrari 512 BB Competizione. ($1.8m to $2.8m) One of three factory examples prepared for the 1978 24 Hours of Le Mans. By 1976 Ferrari had developed the popular roadgoing 365 GT4 BB model into the 512 BB, which featured an increased displacement of 4,942 cc, as well as a new dry-sump lubrication system ideal for competition. Weight-saving measures reduced the car to about 2,425 pounds, and the 5-liter engines were tuned to develop 460 hp. After achieving 232 laps chassis number 24131 was forced to bow out of Le Mans. The car retains its original 1978 Le Mans livery, including sponsorship decals, drivers’ names, and the iconic NART decals; and it retains the race-prepared flat-12 engine. Ferraris with authentic Le Mans racing history are a special breed of car. Here.

Tuesday, August 29, 2023

1970 Chevrolet Yenko Deuce - $165k

350/360 HP V-8. 4-speed manual. Sunflower Yellow over black. The 1969 Chevy Nova Yenko SC 427 was too much, and Don Yenko knew it. He was quoted as saying he knew the cars were 'lethal' with a thunping 450 hp 427 big block stuffed into a lightweight economy car. Insurance companies balked for good reason. Yenko decided to build a somewhat tamer Nova for the 1970 model year, using a small block 350.
The Yenko Chevy Nova for 1970 used the LT1 found in the Corvette LT1 and Camaro Z/28. The new Yenko Deuce could be ordered through the Central Office Production Order program. 175 Chevy Nova Yenko Deuces were produced, 122 four-speeds, and 53 automatics. The final 50 were sent to Hurst for final assembly, and are noted by an “H” in their VIN. Color choices were Fathom Blue, Forest Green, Citrus Green, Gobi Beige, Hugger Orange, Sunflower Yellow, Cranberry Red, or Cortez Silver. A black vinyl bench seat was the sole interior choice.
Hagerty suggests a concours #1 1970 Chevrolet Yenko Deuce is trending around $160k. Condition #1 cars are the best in the world.

See ----->

Monday, August 28, 2023

Batmobile replicas

Gotham Cruiser replica based on the 1989 Batman film. - $192k. 350 CI V-8 engine. Automatic transmission. One piece Black fiberglass body. Electric sliding canopy. Turbine style nose cone. Custom Black bucket seat interior with Yellow accents. Air conditioning. Elevating faux machine guns in front fenders. Operational afterburner. Here.
Build based off of the original Barris era molds. $175k high bid. LS3 crate V-8 engine. Built 4L80E automatic transmission. Holley Sniper fuel injection. Functional flamethrower and many other "Bat" gadgets and gizmos. Includes signed photos of Adam West and Burt Ward in a Batmobile. Here.

Numbers down for Monterey Car week

Overall Top 10 Sales from all auctions
  1. 1967 Ferrari 412P Berlinetta sold for $30,255,000 (Bonhams)
  2. 1957 Jaguar XKSS Roadster sold for $13,205,000 (RM Sotheby's)
  3. 1962 Ferrari 250 GT SWB Coupe sold for $9,465,000 (Gooding & Company)
  4. 1959 Ferrari 410 Superamerica SIII Coupe sold for $6,605,000 (RM Sotheby's)
  5. 1967 Ferrari 275 GTB/4 Coupe sold for $5,395,000 (RM Sotheby's)
  6. 1937 Bugatti Type 57 SC Tourer sold for $5,395,000 (RM Sotheby's)
  7. 1914 Mercer Type 35-J Raceabout sold for $4,735,000 (Gooding & Company)
  8. 1933 Alfa Romeo 8C 2300 Cabriolet sold for $4,515,000 (Gooding & Company)
  9. 1995 Ferrari F50 Coupe sold for $4,240,000 (Broad Arrow Auctions)
  10. 2003 Ferrari Enzo Coupe sold for $4,075,000 (RM Sotheby's)

1962 Ferrari 250 GT SWB Coupe - $9,465,000
This year’s Monterey auctions had more cars cross the block than 2022, but results are down. More than 1200 vehicles crossed auction blocks during Monterey Car Week in 2023, with a 68% sell-through rate and total sales of $400m. 2022 had over 1000 cars with a 78% sell-through rate and sales totaling $473m.

1967 Ferrari 412P Berlinetta - $30,255,000

This Ferrari 412P changed hands at Bonhams, the Quail, 2023 for $30.2m. Chassis 0854 is the last of 2 built and one of four in existence. 2 Ferrari were upgraded to 412P spec. With a strong racing heritage and no expense spared 9 year restoration this car resides among the most expensive automobiles in the world.

The car is the fourth most valuable Ferrari ever sold at auction. Folks apparently believed the car is the "enduring piece of art that honors the Ferrari legacy."

Sunday, August 27, 2023

1967 Ferrari 275 GTB/4 by Scaglietti - Steve McQueen - $5.3m

Delivered new to Hollywood for motoring icon Steve McQueen, this famous 1967 Ferrari 275 GTB/4 by Scaglietti crossed the block in Monterey. Restored to factory specifications from 2010 to 2013 by Ferrari Classiche, this late-production example built with long-nose body configuration has been exhibited in Maranello’s Museo Ferrari and at the Villa d’Este Concorso d’Eleganza. Estimate was $5m to $7m.
At RM Sotheby's

Saturday, August 26, 2023

2020 McLaren Speedtail = $2.3m

The McLaren Speedtail is a limited-production hybrid hypercar. First deliveries, of 106 cars, were in 2020. The marque’s fastest road car has a top speed of 250 mph with 1,035 hp on tap. Original MSRP was a whooping £1.836 million, and this example carries £100k in options pushing the sticker price well past $2m USD. With 77 miles on the clock, this example is as good as it gets. There have been several speedtails offered and none have changed hands. The main reason must be price, and the fact this isn't a Ferrari. Profit seekers thinking they could flip the car are being proven wrong. The Mclaren MP4-12C is the king of supercar depreciation, but that title might have a challenger.
This example carried an estimate of $2.2m to $2.6m at RM Sotheby's.

Friday, August 25, 2023

1990 Ferrari F40 - $2.6m high bid - its back = $2.5m

The F40 failed to change hands at a previous Mecum auction this spring on a $2.6m high bid. It returned and hammered for $2.5m. Here.
Odometer reads 3,413 miles. 1 of 213 in US spec. Coachwork by Scaglietti. Twin turbocharged 2,936cc DOHC V-8 engine. Twin IHI turbochargers with Behr intercoolers. Weber-Marelli electronic fuel injection. 478 HP at 7,000 RPM. 5-speed manual transmission. Ventilated 4-wheel disc brakes. 4-wheel independent double-wishbone suspension with coilover shock absorbers. Rosso Corsa with Rosso Ferrari interior. Original Schedoni luggage. Tool kit. Ferrari Classiche certified, Red Book included.
While initial estimates called for about 400 examples of the F40, market demand was so overwhelming that 1,315 were produced. American Ferrarista, however, had to wait until 1990 for the chance to own one, and just 213 F40s were allocated to the U.S. market.
This 1990 Ferrari F40 features a Rosso Corsa exterior with a Rosso Ferrari interior. The car high bid to $2.6m against an estimate of $3m to $3.5m at Mecum

Monday, August 14, 2023

1995 Chevrolet Corvette ZR1 - $85k high bid

182 miles. Highly original. Last year for C4 ZR1. Original Goodyear Eagle GS-C tires. Original matching numbers drivetrain. 5.7L/405 HP LT5 V-8 engine. ZF 6-speed manual transmission. Torch Red exterior over light beige leather interior. Bose stereo. Power sport seats. Selective Ride and handling package. 17 inch 5-spoke light alloy wheels warning labels still affixed.
Chevrolet teamed up with Lotus, which GM owned at the time, for assistance building a powerplant for the ZR1. The result was the all-aluminum, 32-valve, DOHC, small-block LT5, good for 375 HP when it debuted for the 1990 model year. For 1993, output was increased to 405 HP and 385 lb-ft of torque.
The C4 ZR1 rocketed from 0-60 MPH in four seconds, finished the quarter mile in under 13 seconds and topped out around 180 MPH.

The car crossed the block at Mecum.

Sunday, August 13, 2023

2025 Ferrari SF90 XX Stradale

The Ferrari SF90 XX Stradale coupe and XX Spider are, according to Ferrari marketing chief Enrico Galliera, road-legal racing cars. The SF90 XX has the same hybrid power-train layout as the SF90, the output of its 4.0-liter twin-turbo V-8 augmented by three electric motors—one mounted between the internal-combustion engine and the eight-speed dual-clutch transmission driving the rear wheels, and one driving each front wheel. The SF90 XX can advance from a standstill to 60 mph in a tick over two seconds on the way to a top speed of 200 mph.
The power train makes 1,016 hp. Aerodynamic hardware includes a large rear wing, which increases rear-axle downforce by 242 pounds. Two hood vents form part of an S-duct system that enhances front-axle downforce by 20 percent. 799 examples of the SF90 XX Stradale and 599 of the SF90 XX Spider will be built, and all are already sold, priced around $840k and $930k respectively. The first coupes arrive in America in the second quarter of 2024.

Friday, August 11, 2023

Worst cars ever produced

1958 Edsel Corsair. Many attribute it's horrid looks to it's abject failure, but the car was also ridiculously poorly made.

Prices for the Corsair in 1958 ranged from US$3,311 to $3,390.
Production Figures for 1958 Edsel Corsair
Body StyleUnits
2-Door Hardtop3,632
4-Door Hardtop6,355

AMC Gremlin (1970-1978)
Launched on April Fool's Day in 1970, the Gremlin marked the beginning of the end for American Motors. Although AMC built a number of terrible cars the Gremlin is generally agreed upon as the worst of them all. It was a small, rust-prone car that guzzled fuel. It's handling was terrible, its engine was crippled by emissions control equipment, and the flip-up back window would often break off in a driver's hands.

AMC Pacer 1975-1981
The Pacer is an enduring symbol of bad taste. The Pacer featured tall, wraparound windows that gave it the look of a rolling fishbowl. AMC spent millions promoting the car, but it was a sales flop. Although it was a gas guzzler and a rust bucket, the Pacer's hideous looks were its enduring calling card.
The 1980s was not a great time for American auto manufacturers and the 1982 Cimarron is a prime example of this ineptitude. The Cimarron was nothing more than a dressed up Chevrolet Cavalier called a Cadillac. It was a complete piece of krap and sold poorly.
1974 Mustang II. Mustang fans despise this car. It’s been giving Mustang a bad name since it was released in the mid-1970s. The Mustang II was a redesigned Pinto. It was poorly made, low on power, and could explode.

Bricklin SV1 ( 1974-1976)
New Brunswick premier Richard Hatfield should have passed on Malcolm Bricklin's SV1 project. Hatfield funded the project anyway. Only a handful of the fiberglass-bodied SV1's were ever built, and the project was plagued with problems that ranged from inadequate brakes to a leaking rear hatch.

The SV1 suffered from crippling design flaws and construction quality that resembled a Soviet-era Lada.
1971 Chevrolet Vega. The Vega's problems were many. The engine wouldn’t hold oil. The front end had a tendency to fall off, and most of the fenders rusted out after only a year in the winter (and in places that never got snow.) The engine got so hot it routinely warped the heads and destroyed head gaskets.

Chevrolet Chevette 1975-1987
Rushed into production as a slap-dash response to an OPEC oil embargo that created a market for small cars, the sub-compact Chevette earned a reputation as a car that drove even worse than it looked. The engine was rough, the suspension was crude, and the interior was lined with cheap plastic. Construction quality of the early Chevettes epitomized mid-1970's Detroit for shoddy workmanship. The Chevette superseded the Vega as Chevrolet's entry-level subcompact and sold 2.8 million units over twelve model years. The Chevette was the best-selling small car in the U.S. for model years 1979 and 1980.

2003 Saturn Ion.
One would think that by the 2000s folks would have figured out how to build cars. Engineers at Saturn didn't and the result was Ion. The interior was poorly designed, uncomfortable and filled with cheap plastic, which also applied to the exterior.
Driving the Ion was also an experience – and not a good one.
1987 Yugo GV. The Yugo GV (GV stood for good value) was a disaster in every sense of the word. The Yugo very often didn’t work at all. The electrical system was something out of Siberia and construction was shoddy, at very best.

The only good thing about a Yugo was that they were light – which made pushing them when they broke down easy.