Josh Hway/Gooding & Company
- The most expensive cars being auctioned at this year’s Monterey Car Week are mostly vintage Ferraris, but the list also includes Porsches, Fords, and Aston Martins.
- The priciest car being auctioned is a McLaren, estimated to fetch upwards of $23 million.
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The most expensive cars from this year’s Monterey Car Week auction range from Porsches to a Ford, although the list is heavily dominated by the king of vintage cars: Ferrari.
A McLaren is projected to be this year’s priciest vehicle at the Monterey auctions. It’s estimated to fetch upwards of $23 million for the single unit. Hagerty, an insurance company for collector vehicles, has projected that the six auctions during Monterey Car Week 2019 will finish with total sales of over $380 million, according to CNBC.
Last year’s auctions finished with sales totaling $371 million. There, the most expensive car auctioned was a 1962 Ferrari 250 GTO that went for a record-breaking $48.4 million.
RM Sotheby’s is auctioning off the majority of the most expensive vehicles, but the main Pebble Beach Concours d’Elegance is hosted by Gooding & Company. Both auctions begin August 15.
Whether you’re looking to bid or curious about the cars that bidders are about to spend millions of dollars on, here are the 30 most expensive cars being auctioned off this week:
1994 McLaren F1 ‘LM-Specification’: $21 million to $23 million
Sotheby
McLaren only two F1s modified by the factory to LM specifications, according to RM Sotheby’s.
1939 Porsche Type 64: more than $20 million
Sotheby
This is the oldest car to don the Porsche script badge and was driven by Porsche founder Ferdinand Porsche and his son Ferry, according to RM Sotheby’s. It is the only surviving 1939 Type 64s out of the three that were built, but is not technically a Porsche as the company was not started until 1948.
1958 Ferrari 250 GT LWB California Spider: $11 million to $13 million
Mathieu Heurtault/Gooding & Company
Ferrari built 106 California spiders, according to CNBC. 50 of them, including this one offered by Gooding, have the long-wheelbase (LWB).
See the rest of the story at Business Insider
See Also:
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Source: Business Insider – bchang@businessinsider.com (Brittany Chang)