A collection of 25 supercars seized from Equatorial Guinea's vice president as part of a Swiss money-laundering probe fetched nearly $27 million (£22.18 million) at an auction held by Bonhams on Sunday. "The top lot of the collection and rarest of all, one of only nine built and introduced for the 50th anniversary of Lamborghini," said James Knight, group chairman of Bonhams Motoring Department, as he opened bidding. Geneva prosecutors said in February that they had closed an inquiry into Teod
A collection of luxury cars confiscated by Geneva authorities from a son of the president of Equatorial Guinea is estimated to fetch 18.5 million Swiss francs ($18.67 million) this weekend, Bonhams auction house said on Friday. Swiss prosecutors said in February that they had closed an inquiry into Teodoro Nguema Obiang for money-laundering and misappropriation of public assets with an arrangement to sell the cars to fund social programmes in the former Spanish colony. Twenty-six Ferraris, Lam
The only 1939 Porsche Type 64 that survived World War II failed to sell during a botched auction after bidding was corrected from $70 million to $17 million.