RM Classic Car Auction
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RM Classic Car Auction
RM Sotheby's, formerly RM Auctions, is a classic car auction company headquartered in Blenheim, Ontario, Blenheim, Ontario, Canada. With offices across the United States and several European countries, the company's services include Automotive restoration, restoration, private treaty sales, auctions (online and local), and financial services. It has been partly owned by Sotheby's, a global company dealing in fine art, since 2015. History Company RM Auctions was established in 1991 by Rob Myers. Kruse International sold the Auburn Auction Park to RM Auctions on July 1, 2010.Jewett,Dal"RM Auctions buys Auburn complex from Kruse" "AutoWeek", Detroit, 1 July 2010. Retrieved on 24 February 2012. RM Auctions acquired Auctions America in 2010, only a few months after the latter's founding. The subsidiary was run independently and under the Auctions America name until 2017, when it was more formally absorbed under the RM Auctions (by now, RM Sotheby's - see below) banner. RM Auctions a ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United St ...
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AutoWeek
''Autoweek'' is a car culture publication based in Detroit, Michigan. It was first published in 1958 and in 1977 the publication was purchased by Crain Communications Inc, its current parent company. The magazine was published weekly and focused on motor sports, new car reviews, and old cars, events and DIY. Autoweek now publishes Autoweek.com. Autoweek is owned by Crain Communications Inc., publisher of leading industry trade publications Advertising Age and Automotive News, among others, and is based in Detroit, Michigan. The Autoweek also includes an ''Autoweek'' iPhone and iPad app. As of November 2019 the publication went digital and was no longer available in printed format. Hearst Magazines entered a multi-year licensing deal with Crain Communications to operate the digital and experiential businesses of ''Autoweek''. History ''Autoweek'' began publication in 1958 as a bi-weekly motorsports newsletter, titled ''Competition Press''. One of the editors involved with the ...
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Canadian Auction Houses
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and ec ...
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Monterey, California
Monterey (; es, Monterrey; Ohlone: ) is a city located in Monterey County on the southern edge of Monterey Bay on the U.S. state of California's Central Coast. Founded on June 3, 1770, it functioned as the capital of Alta California under both Spain (1804–1821) and Mexico (1822–1846). During this period, Monterey hosted California's first theater, public building, public library, publicly-funded school, printing-press, and newspaper. It was originally the only port of entry for all taxable goods in California. In 1846, during the Mexican–American War of 1846–1848, the United States Flag was raised over the Customs House. After Mexico ceded California to the U.S. at the end of the war, Monterey hosted California's first constitutional convention in 1849. The city occupies a land area of and the city hall is at above sea level. The 2020 census recorded a population of 30,218. Monterey and the surrounding area have attracted artists since the late 19th-century, ...
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Ferrari 250 GTO
The Ferrari 250 GTO is a GT car produced by Ferrari from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category. It was powered by Ferrari's ''Tipo 168/62'' Colombo V12 engine. The "250" in its name denotes the displacement in cubic centimeters of each of its cylinders; "GTO" stands for ''Gran Turismo Omologato'', Italian for "Grand Touring Homologated." Just 36 of the 250 GTOs were manufactured between 1962 and 1964. This includes 33 cars with 1962-63 bodywork (Series I) and three with 1964 (Series II) bodywork similar to the Ferrari 250 LM. Four of the older 1962-1963 (Series I) cars were updated in 1964 with Series II bodies. When new, the 250 GTO cost $18,000 in the United States, with buyers personally approved by Enzo Ferrari and his dealer for North America, Luigi Chinetti. This model has since become highly desired by automobile collectors and sales have repeatedly set price records. The current record for world's most expensive Ferrari was se ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historicall ...
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Testa Rossa
The Ferrari 250 Testa Rossa, or 250 TR, is a racing sports car built by Ferrari from 1957 to 1961. It was introduced at the end of the 1957 racing season in response to rule changes that enforced a maximum engine displacement of 3 litres for the 24 Hours of Le Mans and World Sports Car Championship races. The 250 TR was closely related to earlier Ferrari sports cars, sharing many key components with other 250 models and the 500 TR. The 250 TR achieved many racing successes, with variations winning 10 World Sports Car Championship races including the 24 Hours of Le Mans in 1958, 1960, and 1961, the 12 Hours of Sebring in 1958, 1959 and 1961, the Targa Florio in 1958, the 1000 Km Buenos Aires in 1958 and 1960 and the Pescara 4 Hours in 1961. These results led to World Sports Car Championship constructor's titles for Ferrari in 1958, 1960 and 1961. Design and development The 250 Testa Rossa was initially developed to compete in the 1957 World Sportscar Championship racing ...
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Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in 1940, and produced its first Ferrari-badged car in 1947. Fiat S.p.A. acquired 50% of Ferrari in 1969 and expanded its stake to 90% in 1988. In October 2014, Fiat Chrysler Automobiles (FCA) announced its intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA owned 90% of Ferrari. The separation began in October 2015 with a restructuring that established Ferrari N.V. (a company incorporated in the Netherlands) as the new holding company of the Ferrari S.p.A. group, and the subsequent sale by FCA of 10% of the shares in an IPO and concurrent listing of common shares on the New York Stock Exchange. Through the remaining steps of the separation, FCA's interest in Ferrari's business was distributed to shareholders of FCA ...
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Most Expensive Cars Sold In Auction
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process, that of those that attracted headline grabbing publicity, mainly for the high price their new owners have paid. On May 5, 2022, in a secret auction at the brand’s museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century. The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby’s. On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction, at the time a world record. The 1904 Rolls-Royce 10 hp Two-Seater is currently list ...
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Kruse International
Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monaghan, founder of Domino's Pizza and then owner of the Detroit Tigers. The Kruse family is also noted for conducting the $41 million sale of the famous William F. Harrah automotive collection. T ...
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Blenheim, Ontario
Blenheim ( 2021 population 4,487) is a community located in south-central Chatham-Kent, Ontario, Canada. History By 1783, there were French settlers in Detroit and Windsor. There were also settlers in the Niagara and Kingston region, but no real settlers to speak of in the Kent County region. In 1790, Alexander McKee negotiated Treaty #2 (McKee's Purchase) of 1790 with Pottowatomie, Wendat, Ojibwe, and Odtawa leaders in Detroit to acquire what is now Southwestern Ontario. With this area now being British controlled, settlers began moving rapidly into this new land area, and eventually, the County of Kent, and Blenheim. Land began being surveyed in 1791 in Harwich township under the order of Lt.-Col. John Graves-Simcoe. Joining his crew was a man named Thomas Talbot who expressed great interest in this land, and Simcoe granted him any plot of land he so desired. He decided on a plot where present day Fingal resides. Being a man with substantial finances, he set out to ...
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Fine Art
In European academic traditions, fine art is developed primarily for aesthetics or creative expression, distinguishing it from decorative art or applied art, which also has to serve some practical function, such as pottery or most metalwork. In the aesthetic theories developed in the Italian Renaissance, the highest art was that which allowed the full expression and display of the artist's imagination, unrestricted by any of the practical considerations involved in, say, making and decorating a teapot. It was also considered important that making the artwork did not involve dividing the work between different individuals with specialized skills, as might be necessary with a piece of furniture, for example. Even within the fine arts, there was a hierarchy of genres based on the amount of creative imagination required, with history painting placed higher than still life. Historically, the five main fine arts were painting, sculpture, architecture, music, and poetry, w ...
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