RM-Sothebys

In the last few days, two of the six most expensive cars in history have sold at auction. One for US$54 million in Germany, the other for $36 million in Paris. We're guessing that with financial storm clouds looming, the world's most astute money managers are seeking a proven economic hedge.

A Mercedes-Benz just sold for US$52.4 million (€51.15 million) at auction, though the real story is the relentless and somewhat foreboding rise in collectible automobile prices … and there's another auction tomorrow that might change the story again.

As the only visible part of a Formula One driver on global television each race, the F1 racing helmet has become a modern icon. But in a world where a Mickey Mantle baseball card is worth US$12.6 million, it's amazing how little F1 helmets sell for.

The gargantuan American collector marketplace is only just waking up to Formula 1, and while prices on memorabilia are now beginning to move skyward, it's still grossly undervalued next to more traditional American sports.

Last week we forecast that the 16th car in history would sell at auction for over US$20 million. It didn't happen, but what did occur was even more astonishing. The 1964 Ferrari 250 LM sold for €15,771,200 (US$16,867,298) including buyers premium.

Rare. Tick! Beautiful. Tick! Fastest car in the world when new? Tick! Starred in a famous movie car chase? Tick! Owned by a famous movie star? Tick! Modified by the factory to be faster again? Tick!

Cars that sell for more than $10 million are rare, but cars that sell for more than $20 million are very special indeed. There have only ever been 64 cars in history that have fetched more than USD $10 million at auction, and just 15 cars that have ever fetched more than $20 million ... and there might be another by the end of the week.

RM Sotheby’s has announced the sale of what may become the most valuable automotive barn find in history: 20 Ferraris consigned to the mercy of time in 1990, unearthed in 2004 when Hurricane Charley collapsed the Florida barn they were housed in.

A 1956 Ferrari 250 GT Berlinetta Competizione yesterday became the winner of 2021 Annual Peninsula Classics ‘Best of the Best’ Award, the most prestigious concours honor in the world. Here's a pictorial of the winning car, and the other 7 finalists

Monterey Car Week is upon us once more, and the auction cluster that provides a large part of the show at the week-long automotive celebration is shaping as the biggest in history.

With the sale of the Shelby Toyota 2000 GT for US$2,535,000 at Gooding & Company's Amelia Island auction on March 5, the Toyota 2000 GT regained its crown as the most expensive Japanese car sold at auction.

The 2021 auction market was quite extraordinary, with unprecedented levels of participation and sales. From cars to colt revolvers to multi-million-dollar NFTs, this sweeping look at the highlights is full of fascinating tales and astonishing prices.