Ferrari Mailing List: Re: Sotheby´s & RM team up for 07 Ferrari auction at Maranello

[Erik Nielsen (judge4re]

"After last year's success..."

I thought last year was a flop, how many of the "big" lots didn't sell?

On 9/4/06, Axel Zahn <AJ_Zahn [at] gmx.de> wrote:
> 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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