Media Release


RM AUCTIONS OFFERS THE WORLD FAMOUS, RECORD-BREAKING, FERRARI-POWERED HYDROPLANE, "ARNO XI", IN MONACO

Monaco

• RM Auctions offers the famous and truly exceptional 1953 ARNO XI Hydroplane alongside a stunning collection of motor cars and motorcycles at its Monaco sale, 11th – 12th May, 2012
• This world-famous racing boat was constructed with assistance from Ferrari and the great Grand Prix drivers of the period and went on to establish a world water speed record of over 150 mph (241.70 km/h)
• Arno XI boasts a continuous, well-documented history, including just three owners from new


LONDON (17 February, 2012) – RM Auctions is delighted to announce the consignment of the world-famous Ferrari-engined Hydroplane racing boat, ARNO XI, to its highly anticipated Monaco auction, 11th – 12th May, 2012.

A unique piece of history, ARNO XI joins an elite roster of blue-chip automobiles and motorcycles slated for the multi-day sale at the Grimaldi Forum. Held during the same weekend as the Grand Prix de Monaco Historique, RM’s two-day, biennial Monaco sale follows a record-setting debut auction in 2010 which saw the Company achieve over €33 million in sales, with bidders representing more than 33 countries from around the world. This year’s event is set to continue the momentum, bringing together a magnificent roster of collectible vehicles with the world’s most discerning collectors.

We are thrilled to be offering the historic ARNO XI at our Monaco sale. This awe-inspiring racing boat has beauty, history, provenance and performance; it simply ticks every box for any serious collector,” says Peter Wallman, specialist at RM Europe.

ARNO XI was the brainchild of Achille Castoldi, who, wanting to establish a world water speed record, set about developing the ultimate powerboat. During 1952 and 1953, Mr. Castoldi, a friend of the famous Ferrari Grand Prix drivers Alberto Ascari and Luigi Villoresi, succeeded in convincing Enzo Ferrari to provide knowledge and technical assistance to develop the boat. The result was horsepower provided by a 12-cylinder, 4,500 cc V12 Ferrari engine, the same as that installed in the Type 375 Grand Prix car that gave José Froilán González Ferrari’s first ever World Championship Grand Prix Victory at Silverstone in 1951, with the only addition being twin superchargers that developed in excess of 502bhp at 6000rpm. On 15th October, 1953, ARNO XI achieved 241.70 km/h (150.19 mph) on Lake Iseo in northern Italy, establishing a world speed record for an 800kg boat. The record, incredibly, still stands today.

When Castoldi was finished with ARNO XI, it was sold to Nando dell'Orto, who went on to race it with great success for more than 10 years, securing numerous wins. The boat went through various aerodynamic improvements during that time, including a modified nose and the addition of a fin, finishing its competitive racing career in 1960 with a European championship victory and numerous fastest laps, many of which still exist.

The current owner acquired the racing boat over 20 years ago, restoring it to concours condition. ARNO XI has been in the water many times since and is not only an impressive sight when seen in action but also sounds magnificent. Well-documented, its sale is accompanied by an extensive history file including numerous period photographs and hand-written notes from the great Ferrari engineer, Colombo, during tests on Lake Iseo and during bench testing at Ferrari’s Maranello factory. This remarkable and unique machine is estimated to achieve between €1.000.000 - €1.500.000 when it crosses the auction podium in May.

It’s an exceptional piece of history, made even more famous by the countless models one sees of it in important collectors’ libraries and is likely to appeal to serious car collectors as much as it will to traditional boat collectors,” adds Wallman. “It has that alluring mix of ’50s Ferrari grand prix car with the sheer beauty and simplicity of the hydroplanes of the period. We are honoured to have been entrusted with its sale,” he continues.

Ahead of the auction, ARNO XI will be displayed at the Milano Autoclassica, 17-19 February.

For further information on the upcoming Monaco auction or to discuss consignment opportunities for RM’s Monaco sale, please visit www.rmauctions.com or call + 44 (0) 20 7851 7070.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more