The World’s Most Expensive Car Auction

Rm Sothey’s – the world’s largest collector car auction house for investment-quality automobiles – is set to auction one of the most expensive and electric car collections ever to have made an appearance at Pebble Beach Concours d’Elegance – the world’s most prestigious automotive auction, which will take place on August 13 in California.
The Collection (called the ‘Pinnacle Portfolio’) includes nearly 30 post-World War II cars that range from latest supercars to vintage beauties.

Highlight include first production model of world’s fastest car ever, 2006 Bugatti Veyron, as well as its latest version, the Le Finale Edition (unveiled earlier this year), a pristine 1993 jaugar XJ220 (which held world record for being fastest production car between 1992 and 1994), and one of the fastest McLaren F1s ever built for road.

The Pinnacle Portfolio also includes 1998 Porsche 959, considered by Porsche collector to be a holy grails, since it was the first high- performance sports car ever built. Other attractions include a 2008 Koenigsegg CCX-R (first green supercars), a limited edition 2008 Lamborghini Reventon (only 20 have been produced) and one of the most expensive Ferrari in world – the 1964 250 LM.

However, it is the 2005 Ferrari Enzo that has created a stir among vintage and classic car enthusiasts and collectors, due to its storied provenance. This Ferrari was the last of its kind kind (only 400 models rolled iff the production line) and was gifted by former Chairmain of Ferrari, Luca Cordero di Montezemolo , to Pope John Paul II. The car is in Almost mint condition since it mileage stands at 180 kilometers.

The Portfolio is expected to go under the hammer for more than$65 million, making it the most expensive, single-owner car collection ever to be auctioned.

By Jafer Khan

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