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Auction

All articles tagged with #auction

Pop-Art McLaren F1 GTR Sets Monterey Auction Record
automotive7 days ago

Pop-Art McLaren F1 GTR Sets Monterey Auction Record

RM Sotheby's Monterey saw chassis 10R, a 1996 McLaren F1 GTR developed for Le Mans and later road-converted, sell for $34,655,000 to set a new public record as the most expensive McLaren and British-built car at auction; its distinctive single-run Pop Art livery and Nick Mason ownership amplify its provenance, underscoring growing demand for prototype, uniquely liveried, road-legal race cars.

Ferrari’s Luce sells for $40M, setting a new auction record for a new car
business7 days ago

Ferrari’s Luce sells for $40M, setting a new auction record for a new car

A bespoke Ferrari Luce—the marque’s first fully electric model—sold for a record $40 million at Monterey Car Week, breaking the record for the highest price ever paid for a new car at auction; proceeds go to the Ferrari Foundation for educational initiatives. The Chassis 0 car features a bubble-like design and exclusive finishes, while the publicly available Luce is priced around €550,000 with deliveries starting in late 2026 and first customer deliveries in 2027.

Monterey's Record Auction: Daytona Coupe Brings Historic Price Tag
business8 days ago

Monterey's Record Auction: Daytona Coupe Brings Historic Price Tag

A 1964 Shelby Cobra Daytona Coupe, CSX2300, sold for $42.905 million (including buyer’s premium) at Gooding Christie’s during Monterey Car Week, becoming the most expensive American car ever sold at auction. The Daytona’s aerodynamic redesign by Peter Brock and its racing history—highlighted by its Le Mans 1964 effort and its role in American motorsport—underscore its significance and help explain why the sale matched Ferrari-like values for a Ford-powered race car.

Ferrari's Tailor-Made EV Fetches $40 Million at Charity Auction
business8 days ago

Ferrari's Tailor-Made EV Fetches $40 Million at Charity Auction

A personalized model of Ferrari’s first fully electric car, the Luce, sold for $40 million at Sotheby’s charity auction during Monterey Car Week, setting a record for a new car sold at auction; proceeds go to Ferrari’s educational foundation. The sale followed the Luce’s unveiling, which had sparked skepticism, though Ferrari later raised its full-year guidance after beating Q2 expectations.

Ferrari's Luce EV fetches $40M at charity auction, setting a new car auction record
business8 days ago

Ferrari's Luce EV fetches $40M at charity auction, setting a new car auction record

A charity auction in California saw Ferrari's first electric car, the Luce, fetch $40 million—setting the record for a new car sold at auction and roughly 35 times its usual price—with proceeds going to the Ferrari Foundation's educational programmes. The special white-edition EV, designed with Sir Jony Ive, was launched amid mixed reactions to Ferrari's EV push as it competes with Tesla and Chinese makers; the buyer was not disclosed.

Wisconsin stash yields 97 pristine Super Mario Bros./Duck Hunt NES cartridges
gaming12 days ago

Wisconsin stash yields 97 pristine Super Mario Bros./Duck Hunt NES cartridges

Two Wisconsin collectors uncovered 97 uncirculated 1993 NES cartridges of 'Super Mario Bros./Duck Hunt,' a rare variant believed to be the last production run; five copies earned PSA perfect 10, an unprecedented score for NES carts, and three perfect-10 carts will be auctioned online while the duo keeps one 10 and several high-9s. The find could attract six- to seven-figure sums, though exact value is unclear, and a charity auction may follow after the initial sale.

Waukesha Find: Rare Mario and Duck Hunt NES Cartridges Could Fetch Millions
technology15 days ago

Waukesha Find: Rare Mario and Duck Hunt NES Cartridges Could Fetch Millions

A storage box in Waukesha, Wisconsin contained nearly 100 copies of a previously unknown variant of Super Mario Bros. and Duck Hunt for the NES, printed two years after the last known run with different labels and hardware. Some cartridges are in pristine condition and have PSA grades; three are headed to auction and could fetch millions, with the seller claiming they were set to be melted down for gold but were not destroyed.

Dubai’s 27-Year-Old Tycoon Makes History With Amadea Purchase And Pickleball Pad
business16 days ago

Dubai’s 27-Year-Old Tycoon Makes History With Amadea Purchase And Pickleball Pad

A 27-year-old Dubai billionaire, Abbas Sajwani, has become the world’s youngest superyacht owner after winning a sealed-bid auction for the seized Amadea, paying about $187 million—roughly a $138 million discount off its $325 million value. Sajwani, who previously toured Amadea in 2020 and later bought a smaller yacht, now uses Amadea as a floating home and office, entertaining VIPs on weekdays and hosting weekend gatherings, with lavish features including a 33-foot infinity pool, multiple spas, and a helipad that was recently converted into a pickleball court.

Auction Brings $368M for 23 Shabsels Camps Amid Bankruptcy Chaos
business19 days ago

Auction Brings $368M for 23 Shabsels Camps Amid Bankruptcy Chaos

Following a bankruptcy filing, 23 camps tied to the Shabsels were sold at auction for $368.3 million, with four additional properties sold privately for $71.7 million; total debt was reported at more than $344 million and a DOJ investigation has begun. High-profile bidders included David Zaslav (Mohawk Day Camp) who offered about $68 million but the camp sold for $120.8 million to FitzWalter Capital Partners. Some camps went to current operators or nonprofits, while others remain in flux, including Camp Lavi. Philanthropist David Greenfield explored nonprofit purchase options but time and process constraints limited success. The deals underscore the aging infrastructure of many camps and questions about profitability in the philanthropic camp sector.

Adirondack Whitney Park Treasures Go Online in Large-Scale Auction
business21 days ago

Adirondack Whitney Park Treasures Go Online in Large-Scale Auction

Hundreds of items from Whitney Park in the Adirondacks—including guideboats, old hickory furniture, duck decoys, and Marylou Whitney art—are up for online auction led by Blanchard’s Auction Service. The 36,000-acre estate near Long Lake is listed for $125 million after a Texas developer deal fell through. Preview in Potsdam Aug. 11–13 with online bidding starting Aug. 14; items range from affordable mementos to high-end pieces like a Ralph Cahoon painting.