ARGENTINEAN MOTOR RACING TREASURES TO BE AUCTIONED IN LONDON

. October 25, 2007

Argentinean racing legend, Ernesto Blancos multiple championship winning 1931 Reo Racing Car and the six time consecutive 1,500cc world championship 1947 Cistalia 202 SMM will cross the auction block in London, England next week, as RM Auctions, in association with Sothebys, presents their inaugural Automobiles of London event at Battersea Park.

AuctionPublicity.com London, England (October 22, 2007) The spotlight will be on Argentinean racing history next week as two of the countrys most celebrated national treasures cross the auction block in London, England.

The legendary Ernesto Blancos multiple championship winning 1931 Reo Racing Car his weapon of choice for more than 22 years “ and the six time consecutive 1,500cc world championship winning 1947 Cistalia 202 SMM, will headline the esteemed Abraham Abba Kogan Collection, to be offered at RM Auctions inaugural Automobiles of London event on October 31. RM Auctions will present the sale in association with Sothebys at Battersea Park, Central London.

The Abraham Kogan Collection comprises of some of the most fascinating engineering masterpieces of the motorsports world, said RMs cofounder Mike Fairbairn.

The 1931 Reo Racing Car is arguably one of the jewels of the collection, and one which we are certainly honoured and excited to be offering at our London sale.

This car was the tool motorsports legend Ernesto Blanco used to earn the undying admiration of the Argentinean people “ and as such, has tremendous historical appeal and value, he added.

The importance of the 1931 Reo Racing Car rests largely in its celebrity provenance as the vehicle that drove Blanco to multiple championships during his illustrious motorsport career. Blanco was a national hero on the Argentinean racing circuit, and whilst he never went to Europe to race, in Argentina, his record was unsurpassed. Designed by Macoco del Alzaga and Luis Viglione, the legendary 1931 Reo on offer at RMs London sale was Blancos second and his main racing companion during his distinguished career. Over a ten-year period commencing September 1931, Blanco, in his Reo, earned an astonishing twelve first place finishes in national events, five seconds and half dozen third and fourth place finishes, putting him in the league of many racing greats such as Juan Manuel Fangio and the legendary SSK driver, Carlos Zatusek. Blanco retired the Reo in 1955 and passed away in 1961. After his death, the Reo was found in a farmers field in rural Argentina by Roberto Vigneau, who, along with his father-in-law Busquet Serra, restored the car to the way it was when Blanco raced it. The legendary Reo remains in healthy condition today and is expected to attract significant interest at the London sale. (Est. £150,000 – £250,000 GBP).

A second notable vehicle on offer at London with an Argentinean connection, is the six time consecutive 1,500cc world championship class winning 1947 Cisitalia 202 SMM, built for and raced by Cistalia Founder, Piero Dusio. The sleek 202 was Cisitalias second model and at the time of its introduction, was considered an aesthetic and technical masterpiece that transformed post-war automotive design. Dusio raced the 202 extensively throughout 1948 before moving to Argentina. Prior to switching continents, he sold the car to Nico Dellepiane, who raced it with considerable success, winning the 1,500cc Championship in 1950. It won the Championship again in 1951, a winning streak that continued right through until 1955. In 1985, the car was bought by Colin Crabbe, who found the vehicle attached to a Buenos Aires garage wall, and undertook an extensive restoration before selling it to Brazilian collector and South American racing enthusiast, Abba Kogan. (Est. £450,000 – £625,000 GBP).

Other notable highlights on offer as part of the Abba Kogan Collection include: 1936 Delage D6 70 1950 Delahaye 235 MS Coupe 1922 Hispano Suiza Boulogne 1985 Ferrari 288 GTO 1982 Renault RE30B F1 Grand Prix

Next weeks Automobiles of London event marks RM Auctions second European sale following their record-breaking Ferrari auction in Maranello, Italy earlier this year. In addition to an impressive range of automobiles from the Abraham Kogan Collection, the event will also present a range of magnificent classics, sports and racing cars from the collections of Formula One impresario, Bernie Ecclestone and Italian businessman Giuseppe Prevosti, as well as a number of other private consignments.

About RM Auctions, Inc. Celebrating nearly 30 years in the collector car industry, RM Auctions Inc. and its associated companies are responsible for acquisitions, restorations and sales of the worlds rarest and most valuable vintage automobiles. In 2006, RM Restorations achieved unprecedented accolades, when its restorations earned “Best of Show honors at the worlds top three collector car events in a single year. www.rmauctions.com

About Sotheby’s Sotheby’s is the parent company of Sotheby’s worldwide auction, private sales and art-related financing activities. The Company operates in 34 countries, with principal salerooms located in New York and London. The Company also regularly conducts auctions in 14 other salerooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore. Sotheby’s Holdings, Inc. is listed on the New York Stock Exchange under the symbol BID.

Category: Auction News

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