The 5 Most Expensive Cars Sold at the 2022 Monterey Auctions – Robb Report
During Monterey Car Week , two of the highest-profile events, The Quail, A Motorsports Gathering and the iconic Pebble Beach Concours d’Elegance , collectively present a field of well over 400 coveted automobiles representing a wide spectrum of time, design, power plus provenance. And while some associated with the examples have been passed down through generations or obtained via private sales, many have crossed the particular public auction block.
This year, during Northern California’s roughly seven-day automotive maelstrom, five primary public sale houses—RM Sotheby’s, Gooding & Company , Bonhams, Mecum and Broad Arrow—were, together, responsible for approximately $463 million in total product sales, according to collector-market aggregator Classic. com .
“This year’s Monterey auctions were eagerly anticipated as a barometer of the state from the industry, particularly with respect in order to the impact from a potential recession, higher interest rates, war in the Ukraine and post-Covid behavioral shifts, ” says Juan Diego Calle , car collector plus co-founder of Classic. possuindo. “During Monterey, it seemed as if all of those were non-issues. It was business as usual—booming, in fact. ”
The report also reveals that a growing number of millennials are in the particular market, hoping to buy what inspired them in their formative years. This is evidenced by the fact that 28 percent of the 100 costliest cars sold in Monterey last week were from the 1980s and later.
“We’re clearly seeing the generational shift toward vehicles from your 80’s and 90’s, driven by a younger demographic associated with collectors and enthusiasts, ” Calle says, also noting that the average amount paid for a vehicle was close to $590, 000. “Surely there were prewar gems selling for record prices, but the large crowds came out to see more modern icons such as the Ferrari F40, F50, Porsche 959 and Carrera GT. ”
The 5 that fetched top dollar, though, had been all from last century—the most recent built in 1957—and all through the storied marques you would expect. Also no surprise is that they came from auction houses the likes of Gooding & Company and RM Sotheby’s, the latter responsible with regard to not just the particular highest seller, but four out of the five. Who knows? One or more associated with these may be rolling onto the final fairway at Pebble Seaside to compete for Best of Show when Monterey Vehicle Week Gears up again next August.
1957 Ferrari 500 TRC Spider simply by Scaglietti—$7. 815 Million
The penultimate example of only 19 constructed, this five hundred Testa Rossa was fit to comply with new-at-the-time FIA Appendix C regulations, hence the “TRC” moniker. Fit along with a 190 hp four-cylinder engine developed by Aurelio Lampredi, plus beautifully bodied by Carrozzeria Scaglietti, the car was raced by Richard Ginther and François Picard within that year’s 24 Hours of Le Mans but failed to finish. It did, however , go on to have various drivers on the particular podium 18 times by means of 1963, and racer Aston Gregory alone had 12 class wins behind the wheel. Last kept because part of the Oscar Davis Collection, the vehicle had been returned to its matching-numbers condition before marketing through RM Sotheby’s regarding $7, 815, 000 on August 20.
1924 Hispano-Suiza H6C “Tulipwood” Torpedo simply by Nieuport-Astra—$9. 245 Mil
This revered vehicle is dressed in unusual coachwork to be sure, yet also among the most beautiful, harkening back in order to a bygone age intended for not just the automobile, but watercraft plus aviation as well. The car was a commission from André Dubonnet, associated with Dubonnet aperitif wealth and fame, who had already been a combat pilot within World War I plus wanted to incorporate innovative aircraft construction techniques and materials in a race car.
Dubonnet did so with the help of Nieuport-Astra, an aircraft builder in France who created this around 160-pound body with strips of mahogany (originally thought to be tulipwood) and a myriad aluminum rivets. The result looks as much maritime since motorsport, and Dubonnet ran it to a sixth-place complete at the 1924 Targa Florio. Six decades later on, it completed an eight-month restoration plus competed in the 1984 Pebble Beach Concours d’Elegance, where it was recognized as the Most Significant Hispano-Suiza from the contest. Bidding reached $9, 245, 000 whenever the hammer finally dropped in Monterey on Aug 18.
1937 Mercedes-Benz 540 K Special Roadster simply by Sindelfingen—$9. 9 Million
A ride worthy of royalty, this Mercedes-Benz 540 K Specific Roadster, offered through RM Sotheby’s, has been built to get Afghanistan’s King Mohammad Zahir Shaw within 1937 and has since seen less compared to 13, 1000 miles on it over the course of just 4 subsequent owners. Among those stewards had been Vernon Jarvis who, pertaining to three decades, included the car as part of his Early American Museum that was open to the public in Silver Springs, Fla.
The particular example features coachwork simply by the marque’s own team of artisans at Sindelfingen, Germany. In particular, it wears a low-door, long-tail style with the covered spare-tire compartment in the rear, one of only three known to still exist with this stylistic combination. But aside from its aesthetic rarity, the fact that it was a monarch’s automobile easily explains how it fetched the kingly sum of $9, 905, 000 on August 18.
1937 Bugatti Type 57SC Atalante—$10. 345 Million
Out of Gooding & Company’s $109, 452, 370 within total sales from the particular 130 lots purchased from its 2022 Pebble Seaside Auctions, this particular 1937 Bugatti Type 57SC Atalante accounts for $10, 345, 500 of that will. And it’s no wonder. The car’s nomenclature alone makes it worth being hermetically encased and preserved for the ages. The original French marque’s magnum opus, the Kind 57 model line has been designed by founder Ettore Bugatti’s son Jean, that tragically died while testing the Type 57C Tank in 1939.
Only 17 examples of the Atalante were made, plus this one was lowered and supercharged, or in French, Surbaissé and Compresseur (SC). Fit with a 200 hp inline four-cylinder engine mated to some four-speed manual gearbox, the vehicle has managed to keep the particular original chassis and entire body it had been born with, making it one of the lynchpins associated with Bugatti’s legacy.
1955 Ferrari 410 Sport Spider—$22 Mil
The truly seductive draw of owning a collector car is becoming the part associated with its provenance, and the better its story the more intense the desire to become the next chapter. That’s why this 1955 Ferrari 410 Sport Spider hammered for a lot more than twice that of the next closest competitor. But then few machines possess shared such a leading role with the biggest stars in motorsport at the time.
The particular Ferrari 410 Sport Spider is a model comprising just two cars, each created to contend in the 1955 Carrera Panamericana. The competition, however , was called off after 83 people were killed with Le Guys in one of the particular most horrific racing accidents in history. So Juan Manuel Fangio had been the first to take the reins of this Prancing Horse, framework No . 0598 CM, on the 1000 KM of Buenos Aires the following year. It soon came stateside, campaigned by John Edgar’s eponymous team and its wunderkind racer Carroll Shelby.
Although other symbols of the track, like Phil Hill, Masten Gregory and Richie Ginther took turns behind the wheel, all adding exponentially in order to its value down the road, it was Shelby that made it the eight-figure Ferrari of today. Out associated with its 11 overall victories and 19 podium finishes, Shelby was the pilot for eight and 10 of all those, respectively. Then, of course , there’s the indelible affirmation of its exclusivity, inscribed on the fuel tank by Shelby’s own hand: “Mr. Ferrari told me that this was the particular best Ferrari he ever built. ” Say no more.