. June 28, 2007

Bonhams record £6.1-million sale at the Goodwood Festival of Speed on 22 June 2007 is the best ever in the event’s 15-year history. It is the fourth most valuable motoring auction ever held in the UK.

The sale saw no fewer than 14 cars surpass £100,000, with top spot taken by the 1932 Alfa Romeo 8C-2300 Spider which realised a spectacular £1.4-million. In party atmosphere, six-hours of bidding saw 315 lots sold many way above top estimate – for a grand total of £6,158,731. The auction’s sold-by-value result was no less than 96.2%.

Bonhams is a founding co-sponsor of the Goodwood Festival of Speed, and in keeping with the event’s 2007 theme of innovation and record-breaking, the automobilia section also excelled with selected lots from the family collection of Land Speed Record hero Sir Henry Segrave achieving a fine £41,000. Sir Henry’s personal photograph and film collection was secured by the National Motor Museum Trust, Beaulieu, where it will join two of his most famous Land Speed Record cars, the 1,000hp Sunbeam and ‘Golden Arrow’.

Keynote sales were achieved for the 50-year old Leyland transporter truck, built for the Formula One World Championship-winning Vanwall team – estimated to fetch £10–12,000, which sold for a tremendous £62,000. The UK Registration plate ‘FAT 1’ went for a whopping £56,500!

DJ Chris Evans and actress Billie Piper both entrusted cars to the Bonhams sale and were rewarded with prices of £73,000 for his 1964 Daimler V8 Vicarage Convertible and £17,250 for her 1989 Porsche 911 Carrera Coupe.

Top lots were:
£1,409,500 – 1932 Alfa Romeo 8C-2300 Spider – magnificent 115mph Italian Two-Seater with supercharged 2.3-litre 8-cylinder engine.
£452,500 – 1904 Panhard-Levassor 35hp Two-Seater – imposing 7.3-litre chain-driven model from motoring’s pioneer marque.
£441,500 – 1926 Mercedes-Benz Model K Torpedo Transformable – exceedingly rare and highly important 6.24-litre supercharged classic.
£381,000 – 1959 Lister-Jaguar ‘Costin’ Two-Seater – aerodynamic-bodied sports-racing car with multiple Championship titles to its name.
£254,500 – 1954 Bentley R-Type Continental – magnificent streamlined sports saloon, ex-Lord Carnegie.
£227,000 – 1964 AC Cobra Mark II – concours-winning Anglo-American classic in stunning condition.
£221,500 – 1928 Bentley 6½-litre Tourer – open four-seater recalling the Le Mans 24-Hour race-winning legends.

Group Director of Bonhams’ Motoring Department James Knight said: “This wonderful result once again demonstrates Bonhams’ winning combination of top quality cars being offered at a truly top quality venue. The prices realised here – generated by tremendous bidding from the very large crowd – could not have been bettered anywhere else.”

Category: Auction News

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