The Market

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Bonhams to be official Formula 1 Paddock Club auction partner

The Bond St firm has signed a partnership agreement with the owners of F1 that will see a Bonhams auction of cars and “associated luxury lots” under the lights on the starting grid at the final race of the 2023 season at Abu Dhabi. The announcement was made at this year’s Championship-close...
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RM in Munich 2022: BMW bonanza boosts total to €22m+

Last night, the Canadians bucked the trend of not-always-easy classic car auctions in central Europe. Some of the prices achieved for relatively modern BMWs at the Munich event were extraordinary. Unsurprisingly, the Swiss-registered (so liab...
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Broad Arrow grosses $10.17m at West Palm Beach

After the pizazz of Monterey Week and the $20m No Reserve Jim Taylor collection event in October, it was time for some heavy lifting over two days in Florida, when the new arrivals on the US auction scene had 182 lots to move on, each with a pre-s...
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Book review: ‘The Past and the Spurious – the Case of Legitimacy in Historic Cars’

This is a curious book, at times frustrating but always illuminating. Hat’s off, then, to author and publisher Paul Griffin for his new work that pokes a stick in the wasp’s nest of the most famous causes célèbres of the classic car business...
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On days like these... Bonhams’ €1.42m Milan sale

“If it were easy, anyone could do it…” Out of the 53 motor cars offered at an auction held in conjunction with the Milano AutoClassica, only 18 found new owners. Never has the trademark aphorism of a former big-league auctioneer rung truer. ...
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RM’s 2022 Guy Fawkes night sale: damp squib or firecracker?

Yesterday evening in the historic heart of London, RM put 50 cars on the auction block, 18 of which were from the same well-known British owner. In a busy temporary tent under rainy skies, some £27m changed hands and a new expression entered the ...
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“All positive figures across the board”: Classic Car Auction Yearbook 2021-2022

With the number of million-dollar auction cars at an all-time high, the sale of the most expensive classic car ever and a bumper turnover recorded during Monterey Week, the 12 months ending August 2022 were good ones for the car collecting world. ...
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