Fine Sports Cars welcomes the opportunity to discuss investment partnerships with individuals and groups of investors who wish to partner with Fine Sports Cars in our business of remanufacturing and selling vintage sports racing cars.
 
 
Each investment partnership is designed to suit the individual requirements, time line, and ROI of the investor or investment group. Returns on classic cars continue to outperform the stock market.
 
Equity investors, who have held their funds on the side lines, are now moving their funds into this growth market which has consistently beat the Standard & Poor’s 500 Index since September 2006.
 
 
Fine Sports Cars offers a number of different investment vehicles and customized portfolios of individual classic cars and classic car collections.
 

Build and Sell

Investments can take the form of building an individual car or a collection of Sports Racing Cars. Cars are constructed in one or a number of our global workshops.
 
 
Once built, these cars are marketed by Fine Sports Cars to enthusiasts via our web site, car clubs, associations and magazines. We also transport our car(s) to vintage and classic car shows across the USA where we set up a pavilion to show and present our cars to prospective buyers. Investors and their family are welcome to attend these events with us and enjoy the activities at each location. Depending on the number of cars we have available for sale, we also ship cars to the Middle East and China to attend auto and classis cars shows and present our cars for sale.
 
 
All of our investment cars are built to original specifications and qualify for HTP certification making them eligible for vintage racing. To add extra value, specific cars also qualify to be sanctioned by the original engineer or designer.
 
 
A Desirable and Now Rare Asset that will Appreciate as it Matures

A Sanction II Aston Martin DB4GT Zagato sold for $1.9 million. “So that is about a third (33%) of an original. However, one of the other four ( Sanction II) cars was sold in the weeks before the auction for $2.9 million – about half  (50%) of the price of an original. The open market has spoken on the worth of a desirable and known commodity that will appreciate as it matures. Welcome to the new age”.   (SCM, August 2012)
 
 
Investors Vintage Race Car Club
We were recently approached to set up a vintage sports car racing club for a group of investors. The group intends to purchase a number of cars which all have HTP certification for vintage racing. Each club member will have the opportunity to race these vehicles in vintage race events in North America and around the world.
 
 
At a preset time, specific cars will be put up for sale as replacement vintage model cars are rotated into the club for members to drive.
 
 
If required, our experienced management can assist in setting up your vintage race club, selecting management for the club, and arranging all servicing and transportation. In addition to generating profits on the sale of club cars, there are possible tax advantages available for both the association and individual club members.

Legacy Cars
For those adventurers who seek something unique and different, we also have a division which focuses on seeking out lost and forgotten legendary sports racing cars. Our primary objective is to preserve legendary examples of motorsport's historic sports racing cars for future generations to enjoy and experience.
 


 
These special projects also help to build a legacy for past engineers, designer and drivers who have made a significant contribution to motorsports around the world.
 
 
Through our many connections around the globe, we frequently come across unique and historic cars languishing in the corner of a dark and dusty garage, an overgrown jungle, a deserted warehouse or unseen at the bottom of a lake – often referred to as “barn finds”.
 
 
 
Our research team often discovers that the cars our expeditions uncover have been driven by some of the most famous race drivers of all time. These cars were often crashed or burned and were considered unworthy of rebuilding at that time.
 
 

 
 
Today these cars - often thought to be lost forever - hold a significant place in motorsport history.
 

Each project is different and we work very closely with our investor partners to bring these cars to back to life. These cars traditionally require a significant investment and offer a high return.
 

Once restoration is completed, a global promotion and sales strategy is designed for each individual car. This includes returning the car to the location where it achieved its greatest notoriety. We also contact past engineers, designers, and drivers associated with the car to join us at a special gala event to share their experiences of each special car as it is reintroduced to the world of motorsport.
  
Each car then travels the world and is exhibited at car shows and vintage concourse events for enthusiasts to view and relive the legend of the car and its history. Finally, we coordinate a global stage to promote and position the car for sale.

Our partners also have the opportunity to show their cars at the Millionaire Fairs in Shanghai, Dubai, Moscow, and Istanbul.

 
Concourse and vintage car show locations include: Pebble Beach, Quail Lodge, Goodwood Revival, Villa D’Este, Dubai, Qatar, Shanghai and Beijing Auto Shows.
 
 
Investor Enquiries - Click here to contact us
 
 
Comments on Markets and Auctions
 
Scottsdale January 2014 - $256 Million in Sales (vintagemotorsport.com)
 
 
A rare 1958 Ferrari 250 GT LWB California Spyder has topped the recent RM Auctions event held in Arizona selling for an impressive $8.8 million. This is on the higher end of
pre-auction estimates suggesting it would sell for between $7 and $9 million. Thanks to this sale and the high price, this 250 GT LWB has joined a long list of similarly aged Ferraris fetching millions and millions at auctions all around the world. Not too long ago a rare Ferrari 275 GTB/4 NART Spyder fetched an incredible $25 million with one Ferrari 250 GTO said to have fetched over $50 million this year.
 
 
With a few days of give and take in the post-sale lots, the final tally of the Scottsdale, Arizona auction week has crept past the $256 million mark, a 14.3% gain over last year's $224 million total, to a new record. While impressive, the reality is a certain level of rationality appears to be percolating in the marketplace for high-end collector cars, with the average sale price of 2,321 lots sold increasing 6.9% to $107,096 over 2013's sales here. However, the velocity of year-over-year price increases is dropping, as the average price per lot in 2013 had increased 17.6% over the 2012 stanza.

The higher sales total this year also stems from an additional 100 or so vehicles sold in 2014, the bulk of them traded at volume leaders Barrett-Jackson and Russo and Steele. At the tony end of the consignment scale, perennial high-end leaders Gooding and RM saw their average prices decline by 13% and some observers noted that the joint RM/Sotheby's November auction in Sotheby's elegant Manhattan gallery, which pulled in $62 million for 30 cars in just two hours, likely took some "big cars" out of the Arizona mix. There were still plenty of cars to wallop some wallets, as more than 30 lots achieved $1 million-plus, with the top seller, RM's 1958 Ferrari 250 GT LWB California Spyder setting a new Arizona auction record for any car at $8.8 million, topping the previous record-holder, also a '58 Cal Spyder, sold here last year at Gooding's auction for $8.25 million.
 

 
Monterey car auctions set a record - $301.9 million in sales
(LA Times by David Undercoffler, August 19, 2013)
 
The high-dollar classic car market continued its cruise in the fast lane during Monterey Car Week, with a record $301.9 million in rare vehicles selling at auction.

Five auction companies sold 726 cars during the annual weeklong gathering of car fans in Monterey, Carmel, and Pebble Beach. The total value of all vehicles sold was up 14% over 2012, according to Hagerty Insurance, which tracks classic car values.

"These auction companies are good at finding the cars that they think will fit the audience," said McKeel Hagerty, founder of Hagerty Insurance. With the week's events drawing a huge international audience, it's a perfect opportunity for the auction houses to capitalize, Hagerty said.

Five auction companies held sales this year: RM Auctions, Gooding & Co., Bonhams, Mecum, and Russo & Steele. Demonstrating their increasing ability to match cars with the target audience, 71 vehicles sold for $1 million or more. That's up from 57 in 2012 and 31 in 2011, according to Hagerty.

RM Auctions was the big winner among the sellers. It sold a rare 1967 Ferrari 275 GTB/4*S N.A.R.T. Spider for $27.5 million on Saturday night. That figure, which includes commission, makes it the most expensive road car ever sold at auction. In all, RM's sales during its two nights of auctions were up 31% over 2012.Setting an all-new market high was the recent private sale of 250 GTO s/n 3505, sold by the Dutch-born businessman Eric Heerema for $35 million. The buyer was Craig McCaw, co-founder of McCaw Cellular, which was acquired by AT&T for $11.5 billion in 1993. Heerema had purchased 250 GTO s/n 3505 a decade ago for about $8.5 million from Japanese collector Yoshiho Matsuda, making 250 GTO s/n 3505 an astute investment. One of only 39 GTOs produced from 1962 to 1964, s/n 3505 was finished in the unique Pale Apple Green of Sterling Moss's UDT-Laystall race team, but Moss had never driven the car. The car raced at Le Mans in 1962 but did not finish.

 
Scottsdale January 2013 - $225 Million in Sales (vintagemotorsport.com)
 
 
As predicted here last week, the collector car extravaganza known as Arizona auction week broke the $200 million mark, setting records for both total take at $225 million and a new top for a car sold in the state for $8.25 million.
 
 
That car was a 1958 Ferrari 250 GT LWB California Spider sold by Gooding & Co. The blue convertible just edged out the top race car sold at auction last week, RM Auctions' 1960 Ferrari 250 GT SWB Competizione Berlinetta at $8.14 million, a world auction record for an SWB. Both cars blasted the previous desert record holder, a Shelby Cobra Super Snake sold at Barrett-Jackson's 2007 sale here for $5.5 million.

As usual, behemoth Barrett-Jackson's auction-cum lifestyle event brought in the most coin, with $102.5 million across 1,336 mostly no-reserve lots, save for the nearly $30 million its 2nd-year "Salon" reserve collection of 18 high-dollar vehicles snagged from wealthy buyers, including one mad Russian who bought two Isotta Fraschinis and a Bugatti, per auction head Craig Jackson. Total was up 13.2% over last year, and the average sale price was up 9.5% to $76,754. Jackson said the ex-Clark Gable Mercedes-Benz 300SL Gullwing was a no-sale but he managed to swing a post-sale deal with the seller for $2.035 million. Barrett-Jackson also pegged their overall attendance at a record 300,000, with an average ticket of $25. You do the math...

Over at the Arizona Biltmore, RM Auctions impressed with a total take of $36.4 million, up 41.6% despite dropping down to a single-day sale on Friday, versus last year's two-day auction. With just 75 sold lots vs. last year's 126, their consignments were noticeably improved and the bidders responded by bumping up the average sale price per lot to $485,544, a 38.4% jump.

Gooding & Co. hit it out of the parking lot at Scottsdale Fashion Square Mall, where auctioneer Charlie Ross and David Gooding bantered with the moneyed audience and each other to entice $52.6 million out of 101 pockets over two days, a jump of 32% over 2012 and an average sale price of $520,371, a stunning 52% over the average lot price last year.

While impressive, the six Arizona auctions demonstrated that Monterey still musters the moolah, as last August's California sales garnered a still-record $266 million across 825 cars, versus last week's $225 million over nearly three times the inventory of 2,234 vehicles sold. Nevertheless, the AZ tally was up 22% over last year, with a gain of 17.6% in average price per lot sold (that's half of Monterey's increase). Average sale price here jumped to $100,176 from $85,169. After the pair of Ferraris, the next-highest lot was Barrett-Jackson's sale of the George Barris-built Batmobile from the mid-'60s TV series that snagged $4.62 million amidst a standing-room-only crowd.

Monterey 2012 Sales Up 34% over 2011 (vintagemotorsport.com)

With post-auction sales being wrapped up, the latest estimate of the Monterey auto auctions shows a total take now at a whopping $266.4 million, up $68.9 million or 34.8% over the 2011 total of $197.5 million.

Across 825 sales out of 1,208 total lots offered at a quintet of auctions, the per-car average sale jumped nearly $100,000 to $322,909 over last year's average sale price of $223,950. Virtually every auction house set new world records for specific marques and/or models, and Gooding & Co.'s top total of $113.7 million for its two-day sale at Pebble Beach was the largest automotive auction sale to date, surpassing the $112 million.

A New World Record (Ferraris-Online.com, September 14, 2012)

Setting an all-new market high was the recent private sale of 250 GTO s/n 3505, sold by the Dutch-born businessman Eric Heerema for $35 million. The buyer was Craig McCaw, co-founder of McCaw Cellular, which was acquired by AT&T for $11.5 billion in 1993. Heerema had purchased 250 GTO s/n 3505 a decade ago for about $8.5 million from Japanese collector Yoshiho Matsuda, making 250 GTO s/n 3505 an astute investment. One of only 39 GTOs produced from 1962 to 1964, s/n 3505 was finished in the unique Pale Apple Green of Sterling Moss's UDT-Laystall race team, but Moss had never driven the car. The car raced at Le Mans in 1962 but did not finish.
 

 
250 GTO s/n 3505 GT has now become the world's most expensive collector car, at $35m. The record for "most expensive collector car" had been a 1936 Bugatti Type 57SC Atlantic, bought by the California-based collector Peter Mullin in 2010 for a price from $30m to $34m.

When discussing these Ferrari Fantasyland prices, we must note that the 250 TR and 250 GTO are simply the two most coveted and prestigious Ferraris built. Having owned a 250 TR (s/n 0732TR) and sold two different 250 GTOs (s/n 3387 and s/n 3909), I can say that they are both beautiful to behold and a joy to drive at any speed. They are also a guaranteed entry to the most prestigious auto events on the planet and become the instant centerpiece of an ultimate collection.

Aston Martin DB4GT Zagato Sanction II sells for $1.9 million
(Hemmings, May 2012)
  

 
The Sanction II Aston Martin DB4GT Zagato sold for $1.9 million. “So that is about a third (33%) of an original. However, one of the other four (Sanction II) cars was sold in the weeks before the auction for $2.9 million – about half (50%) of the price of an original. The open market has spoken on the worth of a desirable and know commodity that will appreciate as it matures. Welcome to the new age”.

(SCM, August 2012)
 

 
Bonhams is claiming a new world record for this past weekend’s sale of a one-of-four 1991 Aston Martin DB4GT Zagato Sanction II, which hammered for 1.2 million pounds, or about $1.9 million.

Here in the United States, a less charitable soul might call the Sanction II simply a continuation car. When Aston Martin first offered the DB4 GT Zagato in the early 1960s, lack of demand led to a production run of 20 rather than the planned 25. Three decades later, demand soared for the original cars, so Aston’s joint chairmen at the time, Victor Gauntlett and Peter Livanos, took a look through the books, noted the leftover chassis numbers from the initial run of Zagatos, and commissioned Aston Martin specialist Richard Williams to use the chassis numbers on four DB4 chassis uprated to GT specifications, then ship the four chassis to Zagato to have the carrozzeria replicate its effort from the first 20 cars. At the same time, Williams modernized selected bits under the skin, slipping in a 352hp 4.2-liter six-cylinder rather than the original 314hp 3.7-liter six and adjustable front and rear suspensions with a larger front anti-roll bar.

Known as the Aston Martin DB4GT Zagato Sanction II, Aston Martin sold all four for at least $1 million. This particular Sanction II, chassis number 0198R, was originally bought by Tony Smith, Phil Collins’s manager and a historic racer and car collector, and today has just 4,748 miles on the odometer. Freshly re-commissioned by Aston Martin Works (at a cost of £12,000, or about $19,000), the Sanction II had a pre-auction estimate of £1.2 million to £1.5 million ($1.9 million to $2.4 million).
 

 
Amelia Island Auctions Exceed $59 Million (SCM, March 2012)

It was a major weekend for car collectors in Amelia Island, FL. Gooding & Company announced sales totals in excess of $36 million, with high-sale honors going to a 1973 Porsche 917/30 Can-Am Spyder, sold for $4.4 million.

RM sales totaled more than $23 million. The high sale was a 1929 Cord L-29 Special Coupe, sold for $2.42 million.

More Preliminary 2011 Monterey Totals Are In

We've barely caught our breath after the whirlwind week spent covering all the hoopla that is Monterey Car Week, but the numbers from all five auction houses are firming up.

- Bonhams: $11 million
- Gooding & Company: $78.2 million
- Mecum: $22.2 million
- RM: $80.1 million
· Russo and Steele: $8.5 million

That brings us to a grand total of $200 million, absolutely shattering the $172 million peninsula record set last year. These are still preliminary numbers, as several auction houses are still finalizing sales totals. SCM's all-Monterey November issue features in-depth coverage of all the auctions and all the major car events.

Gooding & Company Pebble Beach 2011 - 19 New World Records

The Gooding and Company Pebble Beach Auction 2011 was held August 20-21 at the Pebble Beach Equestrian Center in Pebble Beach, California. Gooding’s 7th annual auction, again held in association with the Pebble Beach Concours d’Elegance, saw total sales of $78.18 million and an 84% sell-through rate. The two-day sale achieved a $13.6 million increase from last year with 19 new world records.

“Overall our Pebble Beach Auctions this year were sensational, but the ultimate moments for me were when we broke through two major world records with the Ferrari Testa Rossa Prototype and the Whittell Coupe,” says President and founder David Gooding. “The outstanding $78 million sale proves that the collector car market is alive and well, with considerable strength at the top.”

The two headline consignments at the 2011 Gooding Pebble Beach auction, the 1957 Ferrari 250 Testa Rossa and the 1931 Duesenberg Long Wheelbase Model J Whittell Coupe, both lived up to their lofty expectations and then some.
 

 
The opening bid on the Ferrari 250 Testa Rossa appeared to be $5 million, but that was quickly tossed aside for a jaw-dropping first bid of $10 million.
 
 
Bidding steadily marched towards $14 million, before making the ascent to the final hammer price of $14.9 million, or $16.39 million with commission. Needless to say, the crowd erupted in cheers at the world record price for a car sold at auction.

Then on Sunday evening after the Pebble Beach Concours d’Elegance when the Whittell Coupe, a bespoke 1931 Duesenberg Model J, sold for $10.34 million, a new world record was established for a Duesenberg as well as an American car sold at auction.

Other notable sales included the 1927 Mercedes-Benz S-Type 26/180 Sportwagen at $5,040,000 (post-block), the 1959 Ferrari 250 GT LWB California that brought $3,355,000, the 1963 Shelby Cobra 289 Factory Team Car for a world-record $2,585,000 and the sale of Bentley’s oldest surviving production car, Chassis 3, the 1921 Bentley 3 Litre that sold for $962,500.

Another highlight was the record-breaking $143,000 sale of Sheryl Crow’s 1959 Mercedes-Benz 190 SL benefitting the Joplin [Missouri] Schools Recovery Fund. The crowd attending enjoyed a special appearance by Sheryl Crow, who rode in the car as it was presented on stage, showing her full support by including the last limited-edition Sheryl Crow Signature Artists Gibson guitar, concert tickets and a photo opportunity with the new owner.

Gooding & Company offered 127 automobiles for sale, with 107 finding a new owner, reflecting a 84% sales rate. Total sales volume was $78,181,900, inclusive of buyer’s premiums. The average price per car sold was $730,671. In 2010, Gooding offered 135 automobiles for sale, with 106 finding a new owner, reflecting a 79% sales rate. Total sales volume was $64,592,250, inclusive of buyer’s premiums. The average price per car sold was $609,360.

Global Weekend Sales Top $96 Million (SCM, May 2012)

Even the most optimistic of expectations were shattered by the sales results at five significant auctions held around the world this past weekend. Below are highlights from the auction companies.
 

 
Bonhams & Butterfields auctioned Don and Lynette Short's collection of Brass-era automobiles auctioned in Port Townsend, WA, for a total of $1,455,736. High sale was a 1920 Stutz Bearcat, sold at $260,000.

At Bonhams' Monaco auction, sales totaled $4,750,205. High sale was a 1955 Mercedes-Benz 300SL Gullwing, $801,543.

At Bonhams' annual Aston Martin sale in Newport Pagnell, sales totaled $9,474,923. High sale was a 1963 Aston Martin DB4 Series V Vantage convertible, sold at $722,527.

RM's inaugural Villa d'Este sale in Cernobbio, Italy achieved a total of $32,494,930, with more than a dozen cars bid above the million-dollar mark. Top sale was a 1955 Ferrari 375 MM Berlinetta, $4,794,720.

Mecum's annual mega-sale in Indianapolis sold $48,716,527 worth of cars. High sale was a 1971 Plymouth Hemi Cuda, $583,000.

The combined total for the weekend: $96,892,321.
 

 
Classic Car Brokers Predicting More Records as Billionaires Look for Alternatives to Risky Financial Investments (February 2011, anamera.com)

Records Fall at Amelia Island 2011 (vintagemotorsport.com)

Both Gooding & Co. and RM Auctions set new records this past weekend. To quote RM, "The 2011 Amelia Island sale was a record-breaking success, posting a remarkable $24.3 million in total sales, the highest tally achieved in the event's 13-year history."
 

Amelia Island Auctions Break $42 Million
(Sports Car Market, 2011)

This weekend saw collectors from all around the globe descend on Amelia Island, Florida for much-anticipated high-end auctions by RM and Gooding. And the results are in, with a reported combined final total of $42.1m made from 169 cars.

 
RM Auctions posted total sales of $24.3 million from 99 vehicles sold, at a sell-through rate of 96%. $24.3 million represents a 25% increase over RM's sales last year and a new record overall for a single auction at the annual event. 2011 marked RM's 13th year at Amelia Island.

Top sale at RM was the $4.29 million 1952 Ferrari 340 Mexico Vignale coupe, chassis number 0224AT. Four other cars came within spitting distance of the magic million-dollar mark: A 1968 Ferrari 275 GTB/4 berlinetta sold for $935k; a 1933 Duesenberg Model J Convertible Coupe sold for $962.5k; a 1933 Duesenberg Model J Torpedo Victoria sold for $979k; and a 1930 Alfa Romeo 6C 1750 GS spider sold for $990k. For more information.

Gooding & Company achieved a sales total of $17.8 million, an 11% increase over last year. 70 lots found new homes, with a sell-through rate of 82%. In addition to setting record prices in seven model categories, four cars managed to break $1 million: A 1967 Ferrari 275 GTB/4 sold for $1.155 million; a 1973 Ferrari 365 GTS/4 Daytona spider sold for $1.32 million; a 1971 Lamborghini Miura P400 SV prototype sold for $1.705 million; and a 1951 Ferrari 212 Export Cabriolet sold for $1.87 million. For more information.
 

 
2010 Monterey Auctions Surpassed Last Years Sales
by a Staggering $52 Million!

Sports Car Market Publisher Keith Martin (August 2010)
“Some thought our $140m in projected sales for Monterey was hopelessly optimistic in the face of a flailing economy. Yet the overall sales of $172m surpassed that prediction by $32m and surpassed last year's total of $120m by a staggering $52m. This proved that there is still enormous discretionary wealth in the upper echelon of the collector car world. Further, I believe these sales results are evidence that in the face of lackluster stock market and still-falling real estate prices, investors are moving their money into a segment of the market that is showing appreciation, which is collector cars. My next prediction - hang on to your hats, the roller coaster is just beginning to gather steam.”
 

 
Monterey 2010 Concorso Italiano • Fine Sports Cars pavilion on right
 
 
Classic Cars Beat S&P 500
By Seth Lubove – Bloomberg News (August 24, 2010)

Seeking Hard Assets
Today, with the stock market in the doldrums, investors seeking hard assets are turning to vintage cars - often for more than $1 million, says Keith Martin, publisher of Sports Car Market magazine in Portland. “At the moment, important cars are making crazy money,” he says. “Baby boomers still have all the money. Half of them are saying, ‘I always wanted a Ferrari SWB.’”

Cars Outperformed Stocks
Collectible cars have outperformed stocks, at least in the past four years, according to the Hagerty’s Cars That Matter “Blue Chip” Index, compiled by auto appraiser David Kinney of Great Falls, Virginia. The index, which contains the estimated values of 25 of the most popular collectible autos, increased more than 61 percent from September 2006, when it started, to the end of July.

That compares with a 16 percent loss in the Standard & Poor’s 500 Index. The 1958 Ferrari 250 GT California Spyder LWB gained 131 percent in that period to an estimated value of $3.3 million, according to the HCTM index.
 

 
Norman Dewis pictured above with a collection
of D-Types. To add extra value to your investment, Fine Sports Cars' D-Types are sanctioned by Norman Dewis, the original engineer. (Right) Norman Dewis celebrates his 90th birthday at Laguna Seca.
 
 
Parking Their Money
“We’re seeing more and more people who want the car they wanted as a kid,” says Steve Davis, Barrett-Jackson’s President, en route to his customary spot on the podium behind the auctioneer. “Now, because their portfolios have been impacted, they’re parking their money in something that has value and that they can also touch.”

Gooding & Co. auctions are more sedate affairs catering to wealthy collectors. At the Pebble Beach Concours d’Elegance show, Gooding’s auctions are held under white tents and chandeliers. They feature polished and restored Rolls-Royces and Duesenbergs, displayed in thick, glossy catalogs with lengthy histories on each offering.

David Gooding, who managed auto auctions at Christie’s International before starting his company in 2003, expects to sell as much as $150 million in cars this year, up from $25 million in his first year. “More of my new clients are saying they want a car they can drive instead of a painting on the wall,” says Gooding.

Return to Top of Scroll