Autoblog

1960 Ferrari 250 GT sells for over $8 million in record-setting RM auction weekend

Jeremy Korzeniewski — Tue, 22 Jan 2013 19:00:00 EST

Filed under: Classics, Auctions, Earnings/Financials, Ferrari

Although the vast majority of eyeballs were tuned to the madness at Barrett-Jackson this past weekend, that televised car auction wasn't the only high-dollar game in Arizona. RM Auctions brought its usual gaggle of exotic wares to the desert, and the car that came out on top sold for much more than Barrett-Jackson's highest sale, the Batmobile.

Coming out on top at RM last weekend was Lot 164, a 1960 Ferrari 250 GT SWB Berlinetta 'Competizione' that sold for a massive $8,140,000 - the buyer could've nearly bought two Barris Batmobiles for that chunk of change. Lot 122, a 1967 Shelby 427 'Semi-Competition' Cobra, stood at $2,007,500 in second place, just in front of Lot 145, a 1967 Ferrari 275 GTB/4, which sold for $1,842,500.

After all said and done, RM reported $36.4 million in sales. That's a record for RM in Arizona, even though the total number of lots for 2013 was reduced significantly. Eight machines cracked the million-dollar mark, and you can see all of them in the press release right down below or peruse all of the auction results here. But first, be sure to scroll through our high-res image gallery of live photos above.

Continue reading 1960 Ferrari 250 GT sells for over $8 million in record-setting RM auction weekend

1960 Ferrari 250 GT sells for over $8 million in record-setting RM auction weekend originally appeared on Autoblog on Tue, 22 Jan 2013 19:00:00 EST. Please see our terms for use of feeds.

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Jay Kay's 1955 Maserati A6G/54 on the docket for Pebble Beach

Noah Joseph — Sat, 26 May 2012 16:04:00 EST

Filed under: Classics, Auctions, Bugatti, Maserati, Misc. Auto Shows

Gooding & Company has revealed the highlights of its consignments for its Pebble Beach auction during the action-packed Monterey weekend. At the top of the list is the classic 1955 Maserati A6G/54 Frua Berlinetta currently owned by Jamiroquai frontman Jay Kay. This Maserati, the show car from the 1955 Paris Auto Salon, features Frau coachwork, won Best in Show at the Salon Privé, and is expected to fetch between $1.5 and 2 million.

No less prestigious is the 1938 Bugatti Type 57C Stelvio convertible that belonged to Prince Louis Napoleon of France, grandson of Emperor Napoleon I and noted Bugatti collector of the time. Supercharged from the factory, the stunning two-tone droptop is projected to sell for $1.3 to 1.6 million.

Finally, an original 1966 Shelby 427 Cobra is on the docket, with pre-sale estimates at $750,000 - $950,000. See below for the full press release and watch this space as the classic car world gears up for Pebble Beach.

Continue reading Jay Kay's 1955 Maserati A6G/54 on the docket for Pebble Beach

Jay Kay's 1955 Maserati A6G/54 on the docket for Pebble Beach originally appeared on Autoblog on Sat, 26 May 2012 16:04:00 EST. Please see our terms for use of feeds.

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Shelby to sponsor Las Vegas NASCAR race, offer 427 package for GT500

Drew Phillips — Wed, 12 Nov 2008 17:31:00 EST

Filed under: Motorsports, SEMA Show, Marketing/Advertising, Ford, Shelby

In the hustle and bustle of SEMA last week we missed the announcement that Shelby Automobiles will be sponsoring the NASCAR Sprint Cup Series race at Las Vegas Motorspeedway in March. The race will actually be lengthened to 427 miles and will be called the 'Shelby 427'. We think it would be more historically appropriate for Shelby to sponsor a road racing event, but the company's proximity to the race track and the better marketing reach make NASCAR a logical choice.

In conjunction with the sponsorship, Shelby will be offering a 427 package for the GT500. Hoping for a 427ci engine conversion? So were we, but prepare to be disappointed. The 427 package will be a simple badge job and will include "Mr. Shelby's personal autograph as well as many other event-related add-ons." Those who purchase the package will also receive race tickets and the possibility to serve as the race's honorary starter. Full details on the race and the 427 upgrade package are in the press release after the jump.

[Source: Shelby]

Continue reading Shelby to sponsor Las Vegas NASCAR race, offer 427 package for GT500

Shelby to sponsor Las Vegas NASCAR race, offer 427 package for GT500 originally appeared on Autoblog on Wed, 12 Nov 2008 17:31:00 EST. Please see our terms for use of feeds.

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Round 4: Unique Performance execs face 25 felony charges

Michael Harley — Wed, 27 Feb 2008 20:54:00 EST

Filed under: Tuners, Performance, Shelby

Just two days ago, we reported that Unique Performance was in hot water. They had miserably failed to deliver hand-crafted continuation Shelby 427 GT500 "Super Snake" Mustangs to customers who had put up $7 million worth of deposits. Frustration grew to boiling anger when customers heard that the "skilled labor" had been supplemented by hardened criminals, and imperfections in each vehicle were being covered by nearly 13 gallons of Bondo body filler.

It has been a rough year for the management team at Unique Performance. Following a fallout with Carroll Shelby and a police raid, we're now learning that 25 felony cases have been prepared against company executives. Details haven't emerged, but we do know that investigators believe some of the inmates were illegally removing VIN numbers from the cars. It doesn't take a rocket scientist to realize that hiring cons to do criminal acts can land you in the slammer too. Unique, and ironic.

[Source: 67MustangBlog]

Round 4: Unique Performance execs face 25 felony charges originally appeared on Autoblog on Wed, 27 Feb 2008 20:54:00 EST. Please see our terms for use of feeds.

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