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Overall condition, why only $800k was offered, what the English Dealer plans to do with the car now, any modifications, etc.
I was told the car had an excellent Service history and was mechanically sound. As to the low bid, it always depends on the people in the room..... and this car did not meet the reserve.
From what i understand a deal was made and the car was sold after the auction. And rumor has it that the car went to a west coast dealer.
From what i understand a deal was made and the car was sold after the auction. And rumor has it that the car went to a west coast dealer.
As he should. The same strategy as employed by the Mugrabi family when Warhol's are at auction - they both have a strong market position in a concentrated asset class and need to support it publicly.
Most people compare the 959 to the F40. What most people do not realize is the F40 and 959 were never intended to be competitors. The F40 was Ferrari’s answer to the 959 beating its true competitor, the 288 GTO. The 959 was slatted for Gruppe B (Group B) racing, and it followed additional homologation requirements that FISA first established in 1979, whereby it allowed Four wheel drive vehicles to be entered.
Prior to 1983:
Gruppe 2 – minimum 1,000 cars/year, later replaced by Gruppe A in 1983
Gruppe 4 – these were production cars, with minimum 50 cars/year (1969), 500 cars/year (1971), 200 cars/year (1976), requirements changed over the years until in 1983 it was replaced by Gruppe B in 1983
In 1982, FISA made 3 classes for the 1983 race season:
Gruppe N – Production Cars, based on 4 seater or 2+2, minimum 5,000 cars produced/year (this number was later lowered)
Gruppe A – Modified Production Cars, based on 4 seater or 2+2, minimum 5,000 cars produced/year (this number was later lowered)
Gruppe B – Modified Sports cars, based on 2 or 4 seaters, minimum 200 cars/year. “The cars entered in the races were further modified (same modifications allowed as in Group A). Group B could in theory be used to homologate production sports cars, which could not be homologated in Group N or A, because they did not have four seats or were not produced in large enough numbers (e.g. cars like the Ferrari 308, the Porsche 911, etc.). The designation used in the regulations ("Sports Grand Touring Cars") shows this intention.” – wikepedia
NOTE: All cars are shown with their Rally-Versions except the Ferrari 288 GTO, which is shown with the former 308 GTB Rally car for which it was based on
NOTE 2: HP figures quoted are for road cars
Ferrari 288 GTO, 2.8L, 400 HP, 272 road cars produced
Porsche 959, 2.8L, 444 HP, 292/293 road cars produced
Audi Sport Quattro, 2.1L, 306 HP, 224 road cars produced
02-01-2016, 01:16 PM
