Silverstone Auctions celebrates successful Silverstone Classic Sale

Silverstone Auctions celebrates successful Silverstone Classic Sale

WITH £5,083,773 IN TOTAL SALES

-Total sales of £5,083,773* and two-day road car sale successful sales rate of 75 per cent making this year’s event one of Silverstone Auctions’ best-ever-Inaugural Competition Car sale on 23 July achieved £1,071,220* in sales-Two-day road car sale on 25-26 July achieved £4,009,722* in sales-Sales driven by increased number of high-quality lots and bidders-Star lots included a 1989 Porsche 911 930 Turbo LE, which sold for £159,750*, a 1959 Cooper Monaco at £219,375* and a 1990 Mercedes-Benz 190E 2.5-16 Evolution II, which went under the hammer at £100,697*-Fifth year of The Silverstone Classic Sale, organised by auction partner Silverstone Auctions, in The Wing facility on 23-26 July

Celebrating its fifth year at the Silverstone Classic, Silverstone Auctions’ sale was a resounding success, with total sales of £5,083,773*, achieving a sales rate of 75 per cent over the ever-popular two-day road car sale.

The two-day sale, which one of the most successful ever at the Silverstone Classic, took place overlooking the racing events in The Wing on the weekend of 25-26 July. The road car sale followed from the auction house’s inaugural Competition Car Sale, held on 23 July.

This racing car-only sale was the first auction of its kind to be offered by Silverstone Auctions and achieved total sales value of £1,071,220*. Highlights of the Competition Car Sale included a 1959 Cooper Monaco, which sold for £219,375*, while a 1979 Ford Capri GRP1 Ex-Gordon Spice went under the hammer at £92,250*.

Showing that they are leaders in Seventies, Eighties and Nineties cars, the auction house achieved a total sales value of £4,009,722* after their road car sale. A successful sales rate of 75 percent over the two-day road car sale showed that the value and appeal from this ‘modern classic’ era is showing no sign of decreasing.

Saturday’s road car sale recorded £2,249,824*, while Sunday’s sale recorded £1,595,969*. Factoring in lifestyle and automobilia sales, the final figure for the 2015 Silverstone Classic Sale was £5,083,773*.

Star road car lots over the course of the event included the 1989 Porsche 911 930 Turbo LE. Created as a tribute to the Porsche 930 Turbo - a car that defined the Seventies and Eighties - it is a highly desirable car today and one that is rarely seen at auction. The last edition 1 of 50 right-hand drive LE had just over 30,000 miles and went under the hammer for £159,750*.

Another immaculate and highly sought-after Porsche starring at the Silverstone Classic sale was a 1972 911 2.4 S Coupe. The left-hand drive, matching numbers car, presented in its original Light Ivory with a black interior and period correct Fuchs alloys, sold for £132,750*.

Meanwhile, a very rare 1989 DeTomaso Pantera GT5-S proved to be the subject of much competition in the room. One of only 17 RHD GT5-Ss out of a total factory production of 187 worldwide, it exceeded its upper estimate of £150,000 selling for an exceptional £157,500*.

It was a similar story for an outstanding example of the 1990 Mercedes-Benz 190E 2.5-16 EVO II. This roadgoing version of one of the greatest touring cars of its era attracted a huge amount of interest and far exceeded its upper estimate of £75,000, selling for £100,697*.

The success of the sale was generated by a combination of the high-quality standard of lots but also the bidders online, on the telephone and in The Wing sales room.

Nick Whale, managing director of Silverstone Auctions, says: “I can’t believe the Silverstone Classic sale is over for another year – what a high to finish our fifth year of the auction, though. The high quality of the lots and also the bidders - in the room, on the internet and telephone - have a large part to play in another record-breaking sale here at Silverstone.

“The total sales rate of £5,083,773*, just goes to show the value of enthusiast-owned cars, bikes and automobilia and luxury goods – I’m particularly pleased that our inaugural Competition Car Sale was such a success while our road car sale was frenetic with some exceptional cars rightly achieving some exceptional prices.”

Consignments are now being invited into the Salon Privé Sale, with interest placed on high-end classic and modern supercars. The event takes place at Blenheim Palace on Friday 4 September. Anyone interested in submitting an entry and benefitting from Silverstone Auctions’ expertise and support can call +44 (0) 1926 691 141 or visit the website www.silverstoneauctions.com for more information.

For the full list of lots in The Silverstone Classic Sale, please visit:www.silverstoneauctions.com/the-silverstone-classic-sale-2015/view_lots

To view the full lots in the Competition Car Sale, please visit:www.silverstoneauctions.com/competition-cars-at-the-silverstone-classic-2015/view_lots/pn/all


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