A 1972 Ferrari 365 GTB/4 Daytona once owned by Sir Elton John was sold by Silverstone Auctions for £551,250, including premium, in a £5.5 million sale at the Wing Building, Silverstone, during the Silverstone Classic Motor Racing Festival July 27-30.
The bright red Ferrari (above, photo courtesy of Silverstone Auctions) wasn’t the only car to draw enthusiastic applause from the crowd, as a 1987 Ford Sierra Cosworth RS500 also drew gasps of awe as it raced past the £100,000 mark during a fierce bidding war, eventually selling for £114,750, including buyer’s premium, to an online bidder from Australia.
Despite a pre-sale estimate of £70,000-£85,000, bidding for a rare 1973 BMW 3.0 CSL actually started at £95,000, and after a rapid-fire exchange between room, phone and online bidders it eventually sold in the room for £137,250 including premium, almost doubling its lower estimate.
A total of £5.5 million in sales across the three days of auctions was achieved, with 71 percent of the cars going to new owners.
“It was an incredibly successful weekend, and we’re thrilled with the results,” remarks Nick Whale, managing director of Silverstone Auctions. “I’d like to thank our vendors and bidders for taking part in a fantastic sale, and I have to say our team did a fabulous job bringing such a quality selection of vehicles to auction on our biggest weekend of the year at the Silverstone Classic.”
For the full list of results from Silverstone Auctions’ sale at the Silverstone Classic please visit https://www.silverstoneauctions.com/the-silverstone-classic-sale-2017/view_lots/pn/all
