Media Release


RM DOMINATES MONACO HISTORIC WEEKEND WITH INCREDIBLE €33.5 MILLION IN SALES

Monaco

• RM Auctions achieves more than €33.5 million in sales with 87 percent of all lots sold at its Monaco sale, May 11 - 12
• Two-day auction represents RM’s highest grossing auction to date in Europe
• Top seller: 1957 Ferrari 625 TRC Spider, one of just two built, achieves a record €5,040,000
• Ten lots exceed €1 million with four lots surpassing €2 million
• Motorcycle offering headlined by 2010 and 2011 Ducati factory grand prix machines
• Clients hail from 33 countries around the world; 34 percent of bidders represent first time clientele


LONDON (14 May, 2012) – RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, continued its record-breaking sales run in Europe this past weekend, generating a spectacular €33,521,710 in sales* ($43,410,615 USD**) with 87 percent of all lots sold at its biennial Monaco sale at the Grimaldi Forum.

Held during the same weekend as the Grand Prix de Monaco Historique, the two-day auction presented a magnificent collection of more than 90 blue-chip automobiles, 100 Ducati motorcycles and three boats. As many as ten motor cars achieved individual prices exceeding €1 million, with four lots surpassing €2 million. In addition, the sale boasted several new all-time records for a number of specific cars and motorcycles sold at a public sale.

The spectacular results rank the sale as one of the most successful collector car auctions ever staged in Europe as well as RM Europe’s highest grossing sale to date, eclipsing the strong results achieved by the Company at both its debut sale in Monaco in 2010 as well as the highly successful 2007 Ferrari Leggenda e Passione event.

Illustrating RM’s extensive international client base, bidders hailed from 33 countries around the world, including as far away as China, Brazil and the United Arab Emirates.

Monaco 2012 has been a fantastic success. With in excess of 33.5 million sold, this sale rates as one of Europe’s highest grossing collector car sales of all time and most certainly the highest grossing collector car auction in Europe this year. Once again, RM has proved itself to be the preeminent force in the collector car auction scene,” says Max Girardo, Managing Director, RM Europe.

Reinforcing RM’s reputation as the global leader in the presentation of important and historic Ferraris at auction, examples from the Modenese Prancing Horse dominated the top seller’s list. In total, the sale lifted the gavel on 22 different examples spanning over 60 years of production. Headlining the group was the exceptionally rare, one of two 1957 Ferrari 625 TRC Scaglietti Spiders, chassis 0680 MDTR, which was offered for sale the first time in 30 years. The rarest of all TRs produced, 0680 MDTR attracted spirited bidding in the room and on the phones, selling for a remarkable €5,040,000, a record for the model. Another wonderful Ferrari competition car entering the history books was the 1952 Ferrari 225 Sport Spyder ‘Tuboscocca’, chassis 0192 ET, one of only 12 Vignale Spyders produced, which realized an incredible €2,520,000 to establish a new world record for a 225 S sold at auction. The historically significant 1966 Ferrari 206 S Dino Spyder, chassis 006, also drew fierce bidding to achieve the same sales price of €2,520,000. Other Ferrari highlights included the 1971 Ferrari 365 GTS/4 Daytona Spyder, chassis 14415, one of only 18 European-specification, LHD examples for €1,008,000; the Ferrari F1-2000 Racing Car, chassis 204, raced by Michael Schumacher on his way to the 2000 Driver’s Championship for €806,400; and, the highly anticipated 1953 Timossi-Ferrari ‘Arno XI’ Racing Hydroplane for €868.000, a record for a Hydroplane sold at auction.

In addition to the Ferraris, Alfa Romeos performed extremely well at RM’s Monaco sale with two highly coveted Tipo 33 sports racing cars selling for record prices. The hotly contested 1969 Alfa Romeo Tipo 33/3 Sports Racer, chassis 105 800 23, built and raced by Autodelta, well surpassed its pre-sale estimate selling for an all-time record sum of €1,232,000. The ex-Nino Vaccarella, Teodoro Zeccoli 1968 Alfa Romeo Tipo 33/2 ‘Daytona’, chassis 75033.029, also sparked enthusiastic bidding, achieving an impressive €1,008,000.

In a sale led by a terrific series of competition cars, another highlight joining the top seller’s list was the 2007 Peugeot 908 V-12 HDi FAP Le Mans Racing Car with its incredible diesel engine which took the car to several victories in the 2007 season. Offered directly from the Peugeot family, it achieved a record price of €1,680,000, the highest price ever paid for a Peugeot at auction.

The auction also saw RM join forces with luxury Swiss watch manufacturer Blancpain and classicdriver.com for the presentation of the 2007 Lamborghini Gallardo LP600 GT3 Racing Car which was campaigned successfully last season by Mark Hayek, the President and CEO of Blancpain. Following a visit from H.S.H. Prince Albert II of Monaco to inspect the car the morning of the sale, it later sold in front of a packed house for a strong €173,600, almost double its pre-sale estimate, with 100 percent of proceeds benefitting the Monaco Association against Muscular Dystrophy.

RM Monaco lots exceeding €1 million:

Lot 321 – 1971 Ferrari 365 GTS/4 Daytona Spyder- €1,008,000
Lot 333 – 1968 Alfa Romeo Tipo 33/2 ‘Daytona’- €1,008,000
Lot 345 - 1957 Ferrari 625 TRC Scaglietti Spider - €5,040,000 (world record for a 625 TRC at auction)
Lot 353 – 1936 Mercedes-Benz 540 K Sport Cabriolet A- €2,324,000
Lot 357 – 1996 Ferrari 206 S Dino Spyder- €2,520,000
Lot 362 – 1952 Ferrari 225 Sport Spyder ‘Tuboscocca’- €2,520,000 (world record for a 225 S at auction)
Lot 367 – 1948 Ferrari 166 Inter Spyder Corsa- €1,010,000
Lot 373 – 1969 Alfa Romeo Tipo 33/3 Sports Racer- €1,232,000 (world record for an Alfa Tipo 33 at auction)
Lot 382 – 2007 Peugeot 908 V-12 HDi FAP Le Mans Racing Car- €1,680,000 (world record for a Peugeot at auction)
Lot 385 – 2006 Ferrari FXX Evoluzione- €1,338,400

As a prelude to the automobile offering, RM hosted its first full-day motorcycle sale on 11 May which celebrated the Ducati brand and featured the world-famous Carlo Saltarelli Collection. The 96 lots represented a cross section of Ducati’s history, headlined by the 1972 Ducati 750 Imola 200 Corsa Replica for €70,200.

For Ducati enthusiasts, the sale also featured a unique opportunity to purchase two factory Desmosedici GP machines, which set new, all-time world records for Ducati motorcycles sold at auction. The race-winning GP10 machine raced by world champion Casey Stoner in the 2010 season, achieved an incredible sale price of €251,550 while the 2011 season GP11 bike raced by the legendary Valentino Rossi, made an equally impressive €245,700. This was the first time the Factory Ducati Corse racing department had offered such bikes directly to auction, and the sale represented a unique opportunity to collectors.

We are very happy for the two new owners of these precious, high-tech racing motorcycles. It was great experience working with the RM team and to see that the bikes generated so much attention and interested bidding from collectors around the world,” commented Diego Sgorbati, Ducati Motor Holding spa following the sale.

Girardo added, “The addition of motorcycles to our Monaco sale represents RM’s versatility in the marketplace. Any motorcycle sale that achieves in excess of one million euros and which also sees significant records tumble, can only be judged as a fantastic success. In addition, the sale enabled us to successfully reach a new audience of buyers, with thirty-four percent of bidders at the sale representing first-time clients.”

RM’s next European auction, the Aalholm Automobile Collection featuring 175 vehicles offered ‘without reserve’, will be held 12 August in Southern Denmark, followed by RM’s highly anticipated UK sale at Battersea Evolution in central London, 31 October.

For further information on these upcoming events and to view full results from the Monaco sale, visit www.rmauctions.com or call +44 20 7851 7070.

*Results are inclusive of 12% buyer’s premium for automobiles / boats and 17% for motorcycles.
**Exchange rate used €1 = $1.295 USD

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