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£7M+ Bonhams Goodwood Festival of Speed Sale Results

Submitted by on July 9, 2011

A record 181 000 people attended the 2011 Goodwood Festival of Speed, including more than one hundred professional racing drivers, ranging from Aussie Mark Webber to gentleman racer Sir Stirling Moss. The pace was just as quick off the track as on, and nowhere was this truer than Bonhams’ traditional Goodwood Festival of Speed auction, where some of the most desirable and beautiful cars in the world went under the hammer.

Check out the press release from Bonhams below.

Via Bonhams

Images via Bonhams

PRESS RELEASE

‘Most Beautiful Racing Car of All Time’, A Bugatti Type 35B, Fetches £430,500 and Sir Paul McCartney’s Lamborghini Makes £122,500.

A very rare and handsome 1954 Aston Martin DB2/4 Cabriolet previously owned by that legendary British Grand racing character, Innes Ireland, sold for a remarkable £606,500 on 1 July 2011 at Bonhams’ annual sale of Collectors’ Motor Cars and Automobilia at Goodwood Festival of Speed. Recently restored to concours condition, it had attracted a pre-sale estimate of £500,000 – 700,000.

Another top Lot, a well-known, competition-winning 1925 Bugatti Type 35B Grand Prix two-seater, formerly owned by past Bugatti Owners’ Club director and editor of Bugantics magazine, Mr Jack Perkins, fetched £430,500, having been estimated at £400,000 – 500,000. It was accompanied in the sale by another beautiful Bugatti, a 1926 Type 37 Monoposto, which made £197,300 (estimate £120,000 – 160,000).

Top prices were also paid for a 1967 Lamborghini 400GT 2+2 once owned by Sir Paul McCartney, which sold for £122,500 (estimate £100,000 – 120,000); two cars from the Patrick Collection – the 1986 Lancia Delta S4 Stradale and 1990 Alfa Romeo SZ Coupe – which fetched £100,500 and £37,800 respectively; and a 1928 Bentley 3-Litre Speed Model, owned by the same family since 1945, which made £128,000.

Meanwhile, a modern highlight, the 2004 7.3-Litre Pagani Zonda C12 Roadster, painted in an ‘Elvis Presley Cadillac Pink’, which has had only one owner from new, sold for £320,500 (estimate £200,000 – 250,000), while a 1989 Ferrari F40 sold for £353,500 (estimate £320,000 – 350,000); and a 1954 Bentley R-Type Continental Sports Saloon made £298,500 (estimate £120,00-150,000).

In addition, a BMC Competition Department Transporter, described by Bonhams as ‘an eye-catching and stylish addition to any historic race meeting’, fetched £35,600; and a 1992 Hacker 28′ Runabout, which was commissioned by J Paul Getty as a tender to his 80-metre private yacht, Talitha G, sold for £47,700.

In total the sale made £7,250,000 with 84% sold by lot and 89% sold by value.

James Knight, Group Head of Bonhams Motoring Department, said, “This is one of the best ever Goodwood Festival of Speed sales. The quality of cars attracted multiple bidders on each lot with world-wide interest from both buyers and sellers.”

Bonhams is a founding sponsor of the Goodwood Festival of Speed and 2011 marks the 19th annual sale at the Festival.

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