Art News

World Record Porsche is Highlight of $18.6 Million Sale

LOS ANGELES, CA.- Bonhams & Butterfields celebrated the thirteenth anniversary of its renowned motorcar auction at the sunny Quail Lodge in Carmel Valley with resounding success. Comprising a very diverse and newsworthy selection of 102 cars, 1 airplane and 1 boat – of which 77 sold (a 74% sell rate), the auction represented three major collections headlined by the Michael Amalfitano collection of competition cars, which blew through all pre-sale expectations and set the tone for a buoyant two-day sale. A world record for any Porsche sold at auction was achieved with the ex-Jurgen Neuhaus/Jurgen Barth 1972-73 European Interserie and David Hobbs/Mike Hailwood Gulf-JW Automotive team 1972-73 Porsche 917 Interserie Spyder neé 1970 Gulf-JWA Le Mans 917K Coupe realizing $3,965,000. Many other strong prices were attained for the rarest and freshest offerings, which included: • The exceedingly rare 1930 Mercedes-Benz 7.1 Lite