Results: RM Sotheby's raised the bar yet again during its two-day Arizona sale with a number of record-breaking sales. Leading the event was the Mercedes-Benz 540 K Special Roadster with a phenomenal price of $6,600,000. At $3,602,500, the Ferrari 365 GTS set a new auction benchmark for the model after a brief bidding battle for the extremely rare car. The 2003 Ferrari Enzo offered by its first owner, Tommy Hilfiger, saw a final price of $2,695,000. In total, some 15 cars reached seven figures, with a total of $53.8 million in sales. Check out RM Sotheby's for full Arizona results, as well as a list of exciting cars on offer in the Paris sale.
Auction Details: Kicking off the collector car auction season on a strong note, RM Sotheby’s returns to the vibrant grounds of the Arizona Biltmore in Phoenix, 19–20 January, for its 18th annual Arizona sale. Last year’s sale was highlighted by the 1937 Mercedes-Benz 540 K Special Roadster that sold for $9.9 million before a packed house. The auction’s impressive results represented a new benchmark for any automobile sold in Arizona auction week history, breaking the previous record set by RM in 2015. In total, 17 lots broke the million-dollar mark, with the event generating a total of $62.8 million with 85 percent of all lots sold.
RM Sotheby’s 2017 Arizona sale is set to continue the company’s strong track record in Phoenix, presenting more than 100 blue-chip automobiles from the world’s most iconic marques. Hand-selected by RM’s international team of specialists, the catalogue is set to span the spectrum of the market, from pre-war classics through to important sports and racing cars and contemporary supercars. Leading up to the sale, the grounds of the Biltmore will play host to the Arizona Concours d’Elegance, creating the ideal destination for enthusiasts looking to enjoy a week of classic car camaraderie.