Another record broken for Bonhams at Goodwood Festival of Speed, as Ferrari 275 GTS sells for £560,000 (US$880,000, €700,000)

29 Jun 2012, Collectors' Motor cars and Automobilia at Goodwood

Ferrari joins Bentley and Rolls-Royce as sale realizes £22 million

A record-breaking sale for Bonhams at the Goodwood Festival of Speed on Friday 29 June included a top price achieved at auction for an extremely rare Ferrari from the golden era of the marque.

The sale of the Ferrari Classiche-certified 1965 Ferrari 275 GTS Spyder for £561,500 was one of several records broken as the auction topped £22 million in the festival's 20th anniversary year.

The car, one of only 19 right-hand drive models ever made, beat the previous record set in 2012 by more than £70,000, and its own auction estimate by more than £180,000.

James Knight, Group Motoring Director at Bonhams, said: "The 275 GTS was in stunning condition, having been extensively restored in the past year or two, and really did come with all the right credentials. It was in fabulous condition, had a well-known provenance from new, came from long-term ownership, and was offered with the all-important Ferrari Classiche dossier.

"We were very pleased at Bonhams to preside over the sale of this car, which was yet another record-breaker for us at this year's Goodwood Festival of Speed."

Leading the record-breaking pack was the ex-Sir Henry 'Tim' Birkin 1929 4 ½-liter supercharged 'Blower' Bentley single-seater, which when new raised the Brooklands Outer Circuit record to 137mph. It sold for £5,042,000, the highest price achieved for a British car sold at auction.

The next highest sale price was achieved by "The Corgi", a 1912 Rolls-Royce 40/50hp 'Silver Ghost' Double Pullman Limousine, which sold for a record-breaking £4.7 million.

Robert Brooks, Chairman of Bonhams, said: "We always believed that the Goodwood Festival of Speed was the perfect place to sell two of Britain's most iconic cars.

"Bonhams has sponsored this event from its inception 20 years ago. These results again prove the appraise of provenance and rarity, offered for sale in the best possible surroundings."

Top lots at the Bonhams Goodwood Festival of Speed sale:

Lot 204 – Ex-Sir Henry 'Tim' Birkin, The Hon. Dorothy Paget-owned, Brooklands Outer Circuit Lap Record Breaking 1929-31 4 ½ liter supercharged ' Blower' Bentley single seater £5,041,500

Lot 272 – "The Corgi" 1912 Rolls-Royce 40/50hp Silver Ghost Double Pullman Limousine £4,705,500

Lot 206 – Ex-works Le Mans 24-hour race, Sir Henry 'Tim' Birkin / Earl Howe, Italo Balbo, Johnny Wakefield 1932 Alfa Romeo 8C-2300 Spider Lungo £2,689,500

Lot 202 – 'Floretta' – ex-works, ex-Wil-de-Gose, John Pole, 'Sam' Clutton / Dr Bob Ewen / Jack Williamson / George Daniels 1908 Itala Grand Prix Car £1,737,50


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and appraisal services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com

Contacts
  1. James Knight
    Specialist
    Bonhams
    Work
    101 New Bond Street
    London, W1S 1SR
    United Kingdom
    Work +44 20 7447 7440
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