Auto News

AutoGuide News Blog


The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Jul 04 2011, 8:46 AM

As part of this most recent weekend’s festivities at the Goodwood Festival of Speed, the annual Bonhams’ Classic Car Auction generated £7.2 million ($11.6 million) worth of sales, as collectors flocked to the tasty offerings up for grabs.

Star attractions at the Bonham’s event this time out, included a 1967 Lamborghini 400GT (similar to the car above) and originally owned by ex-Beatle Sir Paul McCartney, which went for £122, 500 ($196,00), plus an ultra rare Bertone bodied 1954 Aston Martin DB2/4 drophead, which sold for £606,500 ($970,400) – the most of any vehicle during the auction.Said Aston was once owned by racing driver Innes Ireland and is believed to be one of just two such examples ever built.

Another strong seller was a 1925 Bugatti Type 35, which went under the gavel for a respectable £430,500 ($688,800) ; it sold to an over-the-phone buyer.

In total, there were 99 cars that crossed the auction block, with 85 percent of them finding buyers. The 2011 auction was judged an outstanding success, generating more than twice as much money as last year and setting a new record at Goodwood, despite a similar car count (for the record, Bonham’s at Goodwood in 2010 saw 93 cars cross the block and £3.6 million ($5.76 million) generated in sales).

[Source: Bloomberg]