15 most expensive cars sold at 2018’s Pebble Beach car week
Two auction houses – Gooding & Company and RM Sotheby’s – sold cars worth US$275 million including record US$48.4 million paid for 1962 Ferrari 250 GTO
Two of the world's most prestigious auction houses sold vintage vehicles and sports cars for a combined total of US$275 million in California at the end of August.
The prestigious Pebble Beach Concours d'Elegance, held at the legendary Pebble Beach Golf Links in Monterey County, on August 26, ended a week of motoring events that saw antique car enthusiasts and collectors from all over the world flocking to place bids and see some of the most expensive vehicles on Earth.
Gooding & Company, the week-long event’s official auction house, presented a particularly impressive fleet of cars this year.
Between August 24 and August 25 Gooding & Company sold US$117 million dollars worth of classic vehicles, including a 1935 Duesenberg SSJ for US$22 million, which made it the most expensive American car ever sold at an auction.
Just a short drive up the road to Monterey Conference Center, RM Sotheby's held its annual auction over the same two days, which attracted bidders from 37 different nations.
RM Sotheby’s sold 83 per cent of the cars on offer, with a total of US $158 million spent on the vehicles – one of its all-time best performances.
No sale garnered more interest than RM Sotheby’s US$48.4 million sale of a 1962 Ferrari 250 GTO, the most expensive classic car ever sold at an auction, more than US$10 million more than the old record.
Let’s take a look at the top 15 most expensive cars sold at auction during the weekend by Gooding & Company and RM Sotheby's.