Sotheby´s & RM team up for 07 Ferrari auction at Maranello
From: Axel Zahn (AJ_Zahngmx.de)
Date: Mon, 4 Sep 2006 11:01:18 -0700 (PDT)
North American based RM Auctions, Inc., international auction house 
Sotheby’s, and Ferrari S.p.A. recently concluded negotiations to conduct an 
exclusive auction of significant Ferrari sports and racing cars spanning the 
company’s 60 years of legendary history.

The sale - to be held at Ferrari’s Maranello complex - is expected to feature 
30 significant Ferrari automobiles including some from Ferrari’s factory, 
along with more than 50 lots of treasured original Ferrari memorabilia. 
“After last year’s success, we will be having another auction in Maranello 
in 2007 which will give everyone present the thrill of seeing much sought-after 
Ferraris, both recent and historic, lined up here inside the factory complex. 
It gives and will continue to give me genuine satisfaction to see this auction 
develop and become a tradition here”, stated Jean Todt, Ferrari General 
Manager. Exclusivity, technological excellence, precision engineering and 
outstanding performance are the hallmarks of Ferrari S.p.A. a unique sports car 
manufacturer. Based in Maranello, Italy, Ferrari delivers to its clients about 
5,400 individually crafted cars annually, each a work of art. Since the car 
first appeared in 1947, the famous Prancing Horse on a yellow shield has 
represented the motoring and racing ideal among Ferrari fans around the world.

This announcement marks RM’s foray into the U.K. and European vintage 
automobile auction markets with the opening of operations in London. This 
expansion supports the development of RM’s global initiatives and the 
extension of sales, acquisitions and restoration services to clients across the 
Americas and Europe.“ RM’s growth into the European markets in association 
with Sotheby’s allows us to provide our current and future customers with a 
more global reach in our services,” says Mike Fairbairn, co-founder of RM 
Auctions. “Our services are not limited by geographical boundaries, and a 
more expansive international presence ensures we are answering the specific 
needs of our overseas clientele.”

Commenting, Sotheby's Chief Executive Officer for Sotheby's International, 
Robin Woodhead, said: “Sotheby’s is delighted to be working with RM 
Auctions to develop its classic and sports car auction business in Europe. The 
Company is established at the very highest level of this international market 
and is now expanding its auction base. It will host car auctions in the UK and 
on the Continent, in association with Sotheby’s, and we anticipate the 
combination of Sotheby’s and Ferrari’s international profile and RM 
Auctions record of success will produce a unique auction experience.”



-- 
sorry if posted twice!

Axel J. Zahn
www.f1media.com

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