Latest / BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show / Across the Block: Bachman Collection & Bianco Speciale Coverage

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Across the Block: Bachman Collection & Bianco Speciale Coverage · BREAK/FIX the Motorsports & Vehicle Enthusiast Variety Show

• 0:00
  As part of Ferrari Fridays, William Ross from the Exotic Car Marketplace
• 0:04
  will be discussing all things Ferrari and interviewing people that live
• 0:07
  and breathe The Ferrari brand.
• 0:09
  Topics range from road cars to racing drivers to owners, as well
• 0:13
  as auctions, private sales and trends in the collector market.
• 0:20
  Never, never.
• 0:28
  As part of this week's Ferra Fridays, you've just tuned into a very special
• 0:33
  episode where host William Ross gets together with me, crew Chief Eric John
• 0:38
  Summers, the motoring historian and special guest David Ions from Motor
• 0:42
  Copia as we reunited at the 2026 Mecu Kissimmee Auction to do a play-by-play
• 0:48
  commentary on all the Ferrari in the Bachman collection, which led up
• 0:52
  to the sale of the Bianco special.
• 0:54
  So we invite you to sit back and enjoy the show.
• 0:57
  Welcome to the Fire Marketplace Grand Jury Motor Motor Story Motor Copia.
• 1:03
  We got the whole crew here.
• 1:04
  We're at Combs Kissy Sale and we are getting ready to start firing
• 1:08
  all at the bottom collection.
• 1:10
  But there's a teaser.
• 1:11
  There is a, what year is this tester?
• 1:14
  Uh, it is a 87 tester.
• 1:15
  87 tester.
• 1:17
  Rosa is gonna kind of start the fireworks here.
• 1:19
  They're trying to do commentary across the board, the whole collection,
• 1:24
  and then we'll get to the PTO.
• 1:26
  But here we go.
• 1:27
  Tester coming up.
• 1:29
  Alright, so John, you brought up a really good question.
• 1:31
  You just said flying mirror and I've heard the single spec and all that
• 1:35
  kind stuff, which, that makes sense.
• 1:36
  One mirror on one side of the car.
• 1:38
  What's the flying mirror?
• 1:39
  Is that the two mirrors?
• 1:40
  It's 85 86.
• 1:43
  First 87 when they went to the two mirrors.
• 1:46
  But it's just a single high mirror on the driver's side.
• 1:48
  That's it.
• 1:49
  That's modest speco.
• 1:51
  Every, you want pronounce it.
• 1:51
  He, so they call the flying mirror.
• 1:53
  For a long time those were poo-pooed.
• 1:55
  No one liked them.
• 1:56
  Right.
• 1:56
  Then all of a sudden everyone wanted 'em.
• 1:58
  'cause they were more rare than the standard ones.
• 2:02
  I love it when people realize how cool or interesting or rare something is that
• 2:07
  was once unloved the redheaded stepchild.
• 2:09
  Right now it's in the in flavor.
• 2:11
  It's, it keeps things interesting.
• 2:13
  The other thing with these test Ross, is the early ones had center
• 2:16
  lock wheels and then the late ones had traditional five luck.
• 2:20
  And that center lock thing was something that wasn't desirable at
• 2:23
  first, but subsequently has become something that people really look for.
• 2:27
  Oh yeah.
• 2:27
  Every Porsche owner today wants center lock wheels.
• 2:29
  Who wants to have five bolts to take off something?
• 2:32
  Yeah.
• 2:33
  On that wheel when they driving down the skate.
• 2:36
  260 K for the tester.
• 2:39
  So 260 k Dave, that's well above your algorithmic average for these cars.
• 2:44
  So are you thinking there's a growth in the tester market right now?
• 2:47
  There's a pop and it's, it's, that's three 12,000 with fees.
• 2:51
  It's palpable because, and I, and I'd have to say we've been discussing this earlier,
• 2:55
  I think it's because of all the capital.
• 2:57
  That's floating around right now looking for a home, and people
• 2:59
  are going back and looking at what they wanted back in the day.
• 3:02
  Now they might have the money and now they're ready to roll and pull the
• 3:05
  trigger and, and get what they wanted on the, from the poster in the eighties.
• 3:08
  Black power already done at 1600 models as well.
• 3:12
  So it needs everything is what you're saying.
• 3:14
  It needs a full belt service.
• 3:15
  Yeah, yeah, of course.
• 3:17
  Hey David, what was the production numbers on Tester Rosas?
• 3:19
  Not TRS and m, just the tester itself.
• 3:22
  I think they were 7,100 and some odd.
• 3:24
  About 7,200.
• 3:25
  Okay.
• 3:25
  In all definitely a successful production model, if you can call
• 3:28
  that a production number for, for Ferrari, that's significant.
• 3:32
  But the cultural significance, I think maybe people are just going back and
• 3:35
  just saying, this is a great car.
• 3:36
  They're easy to drive, they're brilliant performers and I wanted one back when
• 3:41
  I was a kid and now I can get one.
• 3:43
  So Dave, when you go back to the office and you take a look at your test case
• 3:48
  of the Testa Rosa for motor copia, how are you gonna have to adjust?
• 3:51
  Just going to have to plug in the latest sales results and these rung the bell.
• 3:56
  This is amazing.
• 3:57
  This car went for almost for a hundred thousand more than the top
• 4:00
  estimate for that I had before based on sales data, based on the culture,
• 4:05
  based on the macro data for the economy and politics and all that.
• 4:09
  These cars that I think they've always had joint strong demand, but I think
• 4:13
  that people are, now, they've got money again, that, that tells me there's money.
• 4:17
  I don't know where the money's coming from or what country, but I'm, I'm,
• 4:21
  I'm wondering if there's international demand for these cars or if it's,
• 4:24
  if it's domestic and, and people are just saying it's time to have
• 4:27
  something fun that I've always wanted.
• 4:29
  When we look back in the catalog of the Mecu cars that sold, there
• 4:32
  were a couple other tester Rosas that also hammered above 200,000.
• 4:35
  Yeah.
• 4:36
  Which is probably a good sign.
• 4:37
  As we look across the Bachman collection, there's probably a high probability
• 4:41
  they're all gonna be 200,000 and above.
• 4:43
  I think that's reasonable coming from fastidious collectors that were in
• 4:47
  the Ferrari community, maybe that provenance, it'd be interesting
• 4:50
  to see if that provenance gives it an even further bump to the test.
• 4:53
  You're gonna have to look at the entire calendar year because here.
• 4:57
  In January at the beginning.
• 4:58
  So we need to see if it carries through the entire rest of the auction season.
• 5:02
  Exactly.
• 5:03
  It'll be interesting to see if this actually does carry through.
• 5:05
  It seems like there's a lot of exuberance, positivity.
• 5:08
  The stadium's almost full.
• 5:10
  This seems to me like we're back to, you know, record setting numbers again.
• 5:13
  It used to be that,
• 5:16
  sorry, pricing per for the year.
• 5:19
  Are we feeling like now maybe Mecu and Kissie are doing that?
• 5:23
  Yeah, I think, I think Mecu Kissimmee is displacing the traditional, uh,
• 5:27
  catalog type players and the other events like Scottsdale and Amelia.
• 5:31
  But it'd be interesting to see, again, does this carry
• 5:34
  through to the next two events?
• 5:36
  And if so, then we're gonna have a banger of a, of a Monterey barring any black swan
• 5:41
  situations, which are always out there.
• 5:43
  So do you think it's gonna be buy low, sell high, let's say this is
• 5:46
  the low, they're buying 'em now in January, taking 'em to car week and
• 5:50
  trying to make more money there.
• 5:52
  Is that a possible strategy?
• 5:54
  You know, there's always a possibility of arbitrage and going to other events.
• 5:58
  I, I would love to be a fly on the wall, uh, as to whoever takes this
• 6:01
  test OSA home to see whether or not it's a cherished keepsake, something
• 6:05
  they're going to enjoy and show.
• 6:07
  Or are they going to just be flipping the thing right there?
• 6:09
  There's never the VH one.
• 6:11
  Where are they now moment with these cars?
• 6:13
  It's a, it's a moment on the block and then they're gone and
• 6:16
  you may never see them again.
• 6:17
  Exactly.
• 6:18
  That's why I like to always copy down VIN numbers and, and chassis numbers,
• 6:22
  because I like to track them now.
• 6:25
  This 69 L 88 coup.
• 6:26
  I know the Roadsters and the 60 sevens are far more rare and and
• 6:30
  stuff like that, but 310,000 for an L 88, 1 of 116, that's a bargain.
• 6:36
  Well we are two Corvettes away from the Bachman collection, so
• 6:40
  we are just rounding out the end of what Muscle Car Alley here.
• 6:44
  Yeah, this is like the sixth Camaro Jenko Camaro we've seen and we, we
• 6:49
  just saw the proto like Jenko Camaro across the block for $1.7 million kind.
• 6:58
  Not me.
• 6:58
  Flat on my ass.
• 7:00
  Yeah, absolutely insane.
• 7:02
  Oh, the kos are having a record day today.
• 7:04
  This is 69, 4 50 already just when the calling started,
• 7:13
  but before Don Yanko was putting four 20 sevens in Camaros, there was a
• 7:18
  dealership in LA called Dana Chevrolet who were doing exactly the same thing.
• 7:23
  And it's always confusing to me why Yanko is the guy that's got
• 7:27
  all the reputation and why Danish Chevrolet are kind of forgotten.
• 7:31
  I think it's because Don Yanko is responsible for initiating the copal
• 7:36
  program at Chevrolet with their internal office in order to get these cars even
• 7:41
  built so that they could be updated and customized at the dealer level.
• 7:45
  And I think that might be the heritage.
• 7:47
  Plus he's an immensely successful SECA racer in the sixties.
• 7:50
  I'm wondering if it's that sort of, that glow that that's
• 7:53
  causing that bump in value.
• 7:54
  However, if you're looking for something like that as potent and but
• 7:58
  more rare, then one that came outta Dana or Berger in Detroit or any other
• 8:04
  dealer that was part of that program, like Nick, then you've got something
• 8:08
  even cooler as far as I'm concerned.
• 8:09
  Yeah.
• 8:10
  With all that heritage, would a Berger or a Dana car make as much
• 8:14
  as we've seen these Yanks back?
• 8:16
  You know what, I've gotta take a look there.
• 8:18
  There'd be a lot fewer of them.
• 8:20
  You know what?
• 8:20
  That's a possibility.
• 8:21
  Just due to rarity.
• 8:23
  They were all kind of developed the same way.
• 8:25
  And I think Dick.
• 8:27
  Had something to do with them early on.
• 8:29
  There's a sort of a commonality and then a little bit of a rarity differentiator.
• 8:33
  So it'd be interesting to see how those cars perform.
• 8:36
  So for the European enthusiast that know Yanko, the man, what does COPO stand for?
• 8:41
  Oh, um, corporate Office for production order.
• 8:44
  It's like a arcane nerd level, uh, fleet ordering system that Chevrolet used.
• 8:49
  Okay.
• 8:49
  Was it taxis?
• 8:50
  Police cars, emergency vehicles would've all been ordered through a
• 8:54
  fleet ordering system to streamline the process and then maximize efficiency.
• 8:59
  But Vince Piggins was the brains behind the, the dominance of Hudson,
• 9:03
  uh, in NASCAR in the early fifties.
• 9:06
  And he was Chevy's product promotion and an engineer that really worked
• 9:10
  the Copo program with don y to make it all happen and put Chevy back on top.
• 9:15
  They were taking a beating in relation to the Hemi cars that Chrysler was building.
• 9:20
  They were building race cars before this, you know, that you couldn't
• 9:23
  really buy them for the street, but what was considered street
• 9:26
  car like the 60 68 Hemi Dart.
• 9:29
  Sorry, that's not a street car.
• 9:30
  Right.
• 9:30
  They even came with disclaimer cards all over them saying, but you know,
• 9:34
  the idea was make a streetable car that street legal, that Chevrolet
• 9:38
  could kick out the door and then they could be back in the lime lights.
• 9:41
  So, well gentlemen, we are one car away from the beginning of the Bachman
• 9:45
  collection, which is kicking off with what looks like a his and hers Alfa Romeo eight
• 9:50
  C combination, both a spider and a cupe.
• 9:53
  So really curious to see what those hammer for.
• 9:56
  But then we will dive deep for what, 44 more cars after that.
• 10:00
  Love it.
• 10:01
  World of Ferrari.
• 10:02
  Yeah.
• 10:02
  This is, this is like, uh, being a kid in the candy store.
• 10:09
  I remember being a kid and you couldn't give a split window coop away, but now
• 10:13
  people are recognizing how cool they were.
• 10:16
  How one year only, and I will say the stands are filling in.
• 10:20
  When we got here earlier, it was a little bit thinner, but we are
• 10:23
  kind of at high tide at the moment.
• 10:25
  It's exciting, you know, it's, it.
• 10:26
  It also shows how much interest there is in this market.
• 10:30
  It's a show, it's a, uh, an auction.
• 10:33
  It's an experience.
• 10:35
  It certainly is an experience just walking around outside with
• 10:39
  the Floridian crowds, my words.
• 10:42
  You see some sight, not least, that dark wood Miss America eight boat.
• 10:50
  Yeah, that was pretty cool.
• 10:51
  Miller V 16.
• 10:52
  Can you imagine building a boat?
• 10:54
  A beautiful woodhall, a speedboat back then and two custom built
• 10:59
  two order V 16 Miller Engines.
• 11:02
  I mean, it's, it's music when it runs, it is peak hot rod.
• 11:06
  Absolutely.
• 11:07
  Garwood made his money inventing the hydraulic press, and the reason he
• 11:14
  made a lot of money was coal wagons didn't have a hydraulic press.
• 11:18
  You just have to shut.
• 11:19
  I did not know that.
• 11:21
  And what a industrial leap, imagine that just to reduce the workload required.
• 11:27
  To move that goal.
• 11:29
  It's amazing.
• 11:30
  But that's seeing an opportunity and making it work
• 11:32
  and then reaping the spoils.
• 11:34
  Alright.
• 11:35
  We have an interesting break in the flow of cars at the moment as we transition
• 11:40
  over to the Bachman collection.
• 11:41
  They've been one after the other for hours now.
• 11:44
  Sort of like, where are the cars?
• 11:46
  Are they gonna do a special presentation?
• 11:49
  Oh, we're doing a little bit of Automobilia signed photograph of Mario
• 11:53
  Andretti winning the 12 hours of Seaburn.
• 11:56
  Oh, that's cool.
• 11:58
  There's something for everybody here.
• 12:00
  It's like the last Foo Fighters concert I was at.
• 12:02
  You go through waves and then you reach a crescendo near the end and
• 12:05
  then it goes two levels higher.
• 12:08
  So it'll be interesting to see how the day progresses.
• 12:10
  That's Bill Warner up there on stage.
• 12:11
  Oh, that's, I think, I think you're right.
• 12:13
  I think that's really cool,
• 12:16
  bill.
• 12:46
  Right?
• 12:46
  That's a paradigm shift is what it was.
• 12:48
  And, and, and, and Emelia Island's been considered the
• 12:52
  Pebble Beach of the East Coast.
• 12:53
  Right?
• 12:53
  Yeah.
• 12:54
  And I've, I've had the distinct privilege of meeting Bill several times.
• 12:58
  I've interviewed him on the show before.
• 13:00
  He's a wealth of information.
• 13:02
  He's always a yes.
• 13:03
  When you wanna, Hey Bill, can you tell me another story about this
• 13:06
  or what was it like doing that?
• 13:07
  He's, he's a fascinating gentleman and he's got a couple books out too.
• 13:11
  He's an author.
• 13:12
  I mean, he's a, a noted author, great on, so great opportunity to look him up.
• 13:16
  I, I think a bunch of his books are on Amazon.
• 13:18
  And not only that, the proceeds of the books go to the Spina Bifida Foundation
• 13:23
  in Jacksonville, which he's a big part of.
• 13:26
  So, you know, great cause.
• 13:27
  Give back, especially if you want to add a coffee table book
• 13:30
  to your collection at home.
• 13:33
  Everything.
• 13:33
  One day Saturday talking about high end stuff.
• 13:38
  By the end of the conversation we were talking about.
• 13:44
  Yep.
• 13:46
  He's one of the reasons why, um, I, I'm building out my road and
• 13:50
  track collection because, uh, of his coverage and his photography, I can't
• 13:54
  believe 60 grand for a photograph.
• 13:59
  From your vantage point, Dave, can you see the cars or are we
• 14:02
  still dealing with memorabilia?
• 14:04
  We we're still dealing memorabilia.
• 14:06
  Sign now and then the cars.
• 14:13
  It's a great time window though to, to shift direction slightly and bring
• 14:18
  these great collectibles out too.
• 14:20
  But what do people do with these kind of collectibles guys?
• 14:23
  What do they actually do?
• 14:23
  Do you just put 'em up in your garage?
• 14:26
  Do you have them as an investment?
• 14:28
  Like they're, they're a peculiar thing to me.
• 14:31
  I think there's a whole market for, what are they, they call automobilia.
• 14:35
  But to your point, you have to have the space to be able to use it for decoration.
• 14:39
  Because if you've ever seen, let's say a traffic signal in person,
• 14:42
  they look so small when you're in the car, they're massive.
• 14:46
  The reality.
• 14:46
  Yeah.
• 14:46
  Seen, right?
• 14:47
  And so these dealership signs are absolutely just huge.
• 14:52
  They take up a ton of space.
• 14:53
  So you have to have the right garage, warehouse, airport hanger, or
• 14:57
  whatever it is to be able to put it.
• 14:59
  Now granted that's the premise behind Garage Style Magazine is how can you
• 15:03
  take this sort of stuff and then decorate your garage and make it your garage?
• 15:07
  Mahal, let's just call it that.
• 15:09
  So, but I think there's a market for it.
• 15:11
  I sometimes, I wish I could have this kind of stuff.
• 15:14
  It's almost more about interior design, correct.
• 15:16
  Than Automobility, isn't it?
• 15:18
  Now they can be a little problematic.
• 15:20
  Dealers like, uh, brand signs like this, I know BMW, they actually
• 15:25
  litigated against a car dealer.
• 15:27
  That wasn't a BMW dealer, but had a illuminated BMW dealer sign.
• 15:32
  This is about 20 2004 and it was quite an interesting case, but I think
• 15:38
  if it's for personal use, I don't think anybody can quibble with that.
• 15:41
  Yeah, I mean, if we put it into perspective, I mean, look at those
• 15:43
  gentlemen that are standing by the Buick Neon dealership sign over there.
• 15:47
  I mean, that, that guy's probably, what, six foot tall?
• 15:49
  He comes up between the C and the K. That's a big sign.
• 15:53
  You need a real building to put that on.
• 15:55
  Oh yeah.
• 16:00
  It's a Ferrari sign.
• 16:01
  28,000. The hammer.
• 16:03
  Oh, they turned the lights off.
• 16:05
  Okay.
• 16:05
  Changing Focus Bugman collection coming up.
• 16:07
  Oh, we're gonna watch a movie.
• 16:08
  Okay.
• 16:09
  Gosh, I like this dramatic buildup, ladies.
• 16:12
  And
• 16:29
  here we go.
• 16:30
  All cars in the Bachman collection.
• 16:32
  No reserve.
• 16:34
  Never seen do that before where they're like, dim the light to do the intro.
• 16:38
  This is interesting.
• 16:39
  We've got two out from air, eight Cs here, a yellow one and a red one.
• 16:43
  It's been interesting to me all the way through the event, how they've stacked
• 16:48
  the same cars alongside each other so you can, as a potential buyer, make
• 16:53
  comparison between them or buy the pair.
• 16:57
  I like it.
• 16:58
  You've got the, uh, got the convertible and the coop.
• 17:03
  Why not get both?
• 17:05
  I mean, we, I mean, we joked about these cars.
• 17:08
  Why are they here?
• 17:08
  This doesn't make sense.
• 17:10
  And, and you know, the consensus is well underneath the skin.
• 17:13
  They're really Ferrari, so it, it, it makes total sense that
• 17:15
  they're here in the collection.
• 17:17
  I mean, they're more modern cars too.
• 17:19
  Probably some of the, the leader acquisitions that Phil and Martha made,
• 17:22
  but, you know, they're a handsome car.
• 17:24
  I personally like 'em in a slightly darker tone.
• 17:27
  A blue or a dark gray or black, especially, I think it wears
• 17:30
  black really, really well.
• 17:31
  But you know, for the discerning buyer, yellow is interesting cost.
• 17:36
  Who was the feeling of the tub?
• 17:37
  What would they like to draw?
• 17:38
  I would love to drive one.
• 17:39
  I think they'd probably be just amazing considering what they're, how they're
• 17:43
  powered and how they're engineered.
• 17:45
  For my money though, I feel as though this is in the same realm as the Maserati
• 17:51
  Cupe, the Ferrari powered Maserati.
• 17:53
  But also if you draw parallel to BMW, this is like the Z eight and for my
• 17:58
  money, I actually want the four C, which is a little bit more like, you know, Z
• 18:02
  four territory than Z eight territory.
• 18:04
  You know what I mean?
• 18:05
  There's some, there's a bit of a mystique around these eight Cs that actually
• 18:09
  for me is a little bit off putting.
• 18:11
  On the other hand, I think it represents the, the precise moment when, as I
• 18:16
  understand the corporate structure, FCA started really celebrating its
• 18:20
  heritage and branching out to cars like the eight C, bringing them to life,
• 18:24
  the four C, and then branching out to cars that are more production oriented.
• 18:45
  Yeah, just like the thirties,
• 18:54
  again, celebrating heritage, just like the eight c uh, cars of the thirties.
• 19:03
  Don't you think the coop is worth more than the convertible?
• 19:07
  I would think the convertible, because it's, uh, there were
• 19:09
  less built, fewer built.
• 19:11
  I mean, although I think the red is a much more appealing
• 19:14
  color than the yellow for me.
• 19:15
  Oh, it looks so right on that car, on that coop.
• 19:20
  The red was a far more common color.
• 19:22
  When I think of an Alpha eight c, I think of it in red.
• 19:28
  I think Eric, to your point about comparing with the four C, to me
• 19:32
  the four C is uh, something like a Porsche Boxster, whereas this is
• 19:37
  far more like a Ferrari five 50.
• 19:39
  This is a grand tour, front engine, grand tour, not a mid engine sports car.
• 19:52
  So the open air premium holds in Florida
• 19:58
  four.
• 20:00
  Yeah.
• 20:00
  94 Ferrari five 12 tr So five 12 TR and five 12 M. What is
• 20:08
  the difference between them?
• 20:09
  David, do you know?
• 20:12
  This is funny.
• 20:13
  I, I used to have this on the top of my head, but I, William probably
• 20:16
  knows what the difference between the TR and the m Uh, well, big day
• 20:21
  front headlights, just more fines.
• 20:23
  Got a little more power.
• 20:25
  Uh, it's a little wider and it's kind of beefed it up for the last,
• 20:30
  the last go go around for it.
• 20:34
  So it looks, I'm a lover hate because it's just some people
• 20:38
  don't like those open headlights.
• 20:43
  I'm in that camp.
• 20:43
  I prefer the, the, uh, TR five 12 m it sort of echoes the, the, uh,
• 20:48
  3 48 a little bit too for a little family resemblance, doesn't it?
• 20:52
  Yeah.
• 20:53
  Ley is the finally evolution of that fact 12 line that started way back in the
• 20:58
  early seventies with the 3 6 5 and moved through the Berlin netter boxer cars.
• 21:03
  And then finally we had these five twelves at, at, at the end.
• 21:06
  And my understanding is that these of the group were probably the
• 21:10
  best to drive Fabulous heritage.
• 21:12
  Yeah, that's what I've heard.
• 21:17
  As I understand, easy to use, easy to drive, good visibility,
• 21:21
  Mo at least out the front and the sides, and lots of performance.
• 21:27
  I think rarer than the tester Ross as well.
• 21:30
  That's right.
• 21:31
  That is such a clean design and when you compare it to the 80 fours, the very
• 21:36
  first ones, it's so much more refined.
• 21:39
  But you don't lose the streaks.
• 21:41
  The straights are the most important part and they're very
• 21:44
  distinctive in in farina design.
• 21:47
  In that Pininfarina designs tend to be a couple of simple lines in contrast
• 21:52
  to uh, for example, vle tend to do very complicated, often quite challenging
• 21:59
  shapes or zagato less so, but they have a similar kind of styling aesthetic.
• 22:04
  Whereas Pininfarina a few simple clean lines, super elegant.
• 22:09
  That's right.
• 22:10
  And the side strikes, I mean people kind of found them controversial, but I
• 22:15
  mean they were aerodynamic solution to venting the cool air into the radiators.
• 22:20
  I think that's a little bit the same as the Cadillacs 59 Cadillac spins with
• 22:25
  the stability stabilizing at speed.
• 22:27
  Yeah.
• 22:30
  And actually the Chrysler 300 F in 1960, they set a bunch of speed records
• 22:34
  at Bonneville with it and the fans did enhance lateral stability Well and
• 22:39
  need did on ejaculate type as well.
• 22:41
  Yes.
• 22:41
  So maybe there is something to it That's right.
• 22:45
  More than double that Testa Rosser and that Testa Rosser did over its estimate.
• 22:50
  I mean this is remarkable.
• 22:53
  Wow.
• 22:57
  Alright, here's one of the Fab five.
• 22:59
  We had a 2 88 GTO up on the block with a whopping 2000 kilometers.
• 23:06
  What's that in Miles?
• 23:07
  Dave?
• 23:07
  You're Canadian.
• 23:08
  Yeah, I think that's 1600 or 50.
• 23:10
  Yep, that's right.
• 23:11
  Slightly used just ever so slightly.
• 23:15
  But it, it is in this car significant because it's the first of Ferrari drill
• 23:21
  halo cars that have led down the road to.
• 23:27
  Ferrari.
• 23:27
  This is the first of those real supercars and although it looks like
• 23:32
  a 3 0 8 with extra spotlights and a body kit on it, in fact there was
• 23:37
  a lot more development work done.
• 23:38
  Was there not?
• 23:39
  There was.
• 23:40
  And more importantly, this is a longitudinal orientation for the
• 23:44
  motor, which is a step away from some of the other designs that they've
• 23:47
  used with the transverse engines.
• 23:49
  But it also is the door that opened for the F 40.
• 23:53
  'cause when you re-skin a 2 88, that's what you end up with is
• 23:56
  basically a wide body, almost LAMA prototype is where the F 40 lands.
• 24:05
  Oh wow.
• 24:07
  7 million.
• 24:09
  We're already at 7 million seconds into the bidding.
• 24:13
  What have these been selling for four to six range?
• 24:16
  We're double that.
• 24:17
  Yeah, I mean, again, one owner 27 2000 kilometers.
• 24:21
  I mean, come on.
• 24:22
  And that's the power of a single owner.
• 24:24
  Long-term ownership provenance.
• 24:37
  You love the air horn, don't you?
• 24:39
  Got a soccer game?
• 24:42
  Anybody have a cowbell?
• 24:44
  You know, like they using scheme
• 24:47
  75.
• 24:50
  What we might be witnessing here is somewhat of a paradigm
• 24:53
  shift in terms of what bidders, qualified bidders are willing to
• 24:56
  commit and are willing to step up.
• 24:59
  You know, it's, it's kind of setting new marks for this year.
• 25:01
  The uncertainty in the economy at the moment.
• 25:04
  It's astonishing to me that, that we should be seeing a record price like this.
• 25:10
  And it's uncertainty for some and not for all.
• 25:13
  There's a, we're we're seeing a stratification right here, right
• 25:17
  here is physical manifestation of it.
• 25:20
  You, you were saying you thought the one owner thing was
• 25:23
  very important with this car.
• 25:24
  That's right.
• 25:25
  Do you, is it, it's one owner and the backman provenance, because that's gonna
• 25:30
  mean that your GTO, your two aa GTO always stands out from anybody else's.
• 25:35
  Yeah, there could be, uh, there could be differences.
• 25:38
  Absolutely.
• 25:38
  And then go also depending on mileage condition, but I think a
• 25:42
  single owner grouping, there you go.
• 25:45
  8 million
• 25:48
  a car that saved Ferrari.
• 25:51
  Eric, the 3 0 8, you keep saying that they, this is the car that saved Ferrari.
• 25:55
  Why?
• 25:55
  Why was that?
• 25:56
  Because it's the most mass produced Ferrari ever.
• 25:59
  And it came at a time where Ferrari was in transition from, you know,
• 26:03
  the cars of the sixties and the, you know, the 360 fives and the five
• 26:06
  twelves and all these other things.
• 26:08
  They were even being produced in the early seventies, but they weren't selling well.
• 26:12
  Right?
• 26:12
  You had the Dino 2 46 that didn't really sell that well.
• 26:16
  You had a lot of, were not doing well, and the economy wasn't great in the
• 26:20
  seventies, and you had, you know, post-war Vietnam, a lot of things.
• 26:23
  Now granted, this car gained a ton of popularity thanks to the hit
• 26:27
  show with Tom Selleck Magnum pi.
• 26:29
  But at the end, it forced fer, the 3 0 8 forced Ferrari to go into mass
• 26:34
  production, to not only fuel the, the racing program through the seventies,
• 26:38
  but to keep the company afloat.
• 26:40
  So, William, how many three oh eights did they build in?
• 26:42
  It's like seven, eight year time span.
• 26:46
  You use that tens and tens of thousands of them.
• 26:48
  30 to 40,000.
• 26:49
  It's a lot.
• 26:51
  Something like that.
• 26:52
  And then that carries on into the three 20 eights, you know, a couple years later.
• 26:55
  So long life and a long purpose, but it's a very popular car.
• 26:59
  Maybe not the poster on the wall car like the tester is, but it's
• 27:04
  the cheap version of the car you couldn't really get at that time.
• 27:08
  The body lines are supremely Yeah, they're beautiful and, and that, you
• 27:12
  know what, the three liter VA mid engine, this looks like the car that
• 27:18
  the Dino could have been earlier on.
• 27:20
  Yes.
• 27:21
  Well it, the Dino's, the precursor to it, right?
• 27:23
  Absolutely.
• 27:25
  I think the 3 0 8 appeared as at the, as early as 1969.
• 27:29
  I think the shape was penned very, very early, long before production.
• 27:34
  And of course the early cars were fiberglass or racino
• 27:38
  is the Italian term for it.
• 27:40
  And absurdly the plastic fantastics are worth more than the steel ones.
• 27:44
  Yeah.
• 27:44
  Because the rarity, well also, I mean you consider the plastic
• 27:48
  ones or the fiberglass ones.
• 27:50
  Carbon Kevlar, whatever they were using back then.
• 27:52
  They're the lightweights.
• 27:54
  Right.
• 27:54
  Versus the steel cars are heavier.
• 27:56
  So if you're going for performance and you want to eek out as much as you
• 27:59
  can, you want the lightweight 3 0 8.
• 28:02
  Now granted the early cars are carbureted versus the four valve
• 28:06
  head later fuel injected cars, which would make more power.
• 28:09
  So in the end, is it a wash powered away ratio?
• 28:11
  Probably yes.
• 28:12
  Fully.
• 28:13
  Because my understanding is, is that the QV head and the 3.2 only came in
• 28:17
  to offset the performance loss that was as a result of emissions in the 3 28.
• 28:23
  Yes, absolutely.
• 28:23
  And I got a chance to actually autocross the 3 28 again to drive it as well.
• 28:28
  And I've never been in a V eight that is so happy to live Its life at the top
• 28:33
  end of PM Band is absolutely brilliant.
• 28:35
  Engine's exciting.
• 28:37
  It must been for autocross because they feel like little sports cars.
• 28:40
  Yeah.
• 28:40
  Waits at the back a hundred percent.
• 28:43
  The Starling heritage that goes with TV production crew wanted to use a Porsche 9
• 28:48
  2 8, but Porsche refused to cut the roof off, so they went to Ferrari instead.
• 28:54
  And the rest history, I mean, Tom Selleck barely fit in the 3 0 8.
• 28:57
  I can't imagine him fitting in a 9 28.
• 29:03
  So now we have a 365 John.
• 29:04
  So we were talking about this yesterday.
• 29:06
  In preparation, when you look at it from afar and you don't know
• 29:09
  any better, you go, oh, that's just another Berlin out of boxer.
• 29:12
  But it's not a five 12 bb, it's the precursor, right?
• 29:16
  Yes, absolutely.
• 29:17
  And, and the 3 6 5 designation is the cubic capacity of
• 29:23
  each one of the 12 cylinders.
• 29:26
  This is the gray market delight of, uh, doctors, lawyers, uh, successful
• 29:30
  dental, uh, practitioners, academics, anybody that had a sporting event and,
• 29:37
  and available capital, and they weren't afraid to wait for it to be federalized.
• 29:41
  And again, this is the car that gave way to something like the 2 88 GTO because
• 29:46
  you can see the body lines in its design.
• 29:49
  Now, there's a couple other cars that share similar design language.
• 29:52
  We could talk about the 2 37 and the launch of Beta Monte
• 29:56
  Carlo and things like that.
• 29:57
  They're very, very similar, even though those are, I think they're
• 29:59
  Tony Designs, but you see that wedgie seventies Italian, they're all kind
• 30:05
  of going in the same direction.
• 30:07
  But what this car was the genesis of is pretty incredible.
• 30:12
  This was space age, I mean, yeah.
• 30:15
  And I think if you speak to Ferrari purists, they, although the later
• 30:20
  BBS may have had more power, these early ones were so light and, and
• 30:25
  delicate to drive without the safety or emission stuff that came through
• 30:29
  the seventies and into the eighties.
• 30:31
  Well, it's funny you that, because I had the opportunity a couple years back
• 30:35
  to interview John Warner iv, and one of his daily drivers was a five 12 bb.
• 30:40
  And I asked about it, you know, during a meetup one time.
• 30:43
  I said, John, what is it like to drive a Berlin Netta box star?
• 30:45
  And he's like, it's an absolute widow maker in an absolute nightmare
• 30:48
  in some respects, to drive.
• 30:49
  They're very twitchy, they're very unpredictable, you know, and he's
• 30:53
  owned all sorts of crazy cars, Paneras and all sorts of things.
• 30:56
  And, but he was like, the five 12 is one of those cars that
• 30:58
  puts the hair on your chest.
• 30:59
  Well, isn't there something weird about the engine bin on top of the Transaxle?
• 31:03
  So the handling somewhat compromised because of the height of the engine.
• 31:08
  You know the thing about the, the early the, the Berlin in Boxer, I
• 31:11
  mean all flavor, all the iterations.
• 31:14
  It wasn't so long ago those were 130 5K car.
• 31:17
  Now here is the car that was on my bedroom wall as a kid.
• 31:23
  This for me is still a gorgeous car.
• 31:26
  It's an ultimate supercar.
• 31:28
  It's beautiful from every, you're in your forties, Eric.
• 31:30
  That's why if you were older than that, you wouldn't feel
• 31:33
  like that about the F 40.
• 31:35
  But it is the up and coming car, isn't it The F 40?
• 31:40
  But I don't understand people that like the F 50.
• 31:42
  I'm just gonna come out and say it right now.
• 31:45
  Seconds into the bidding.
• 31:46
  We're at 7,000 R 7 million.
• 31:48
  Excuse me.
• 31:48
  Add three zeros.
• 31:52
  Six five.
• 31:56
  Oh sorry, six five.
• 31:57
  My understanding was these were two or $3 million cars.
• 32:00
  We are just a six and a half.
• 32:02
  Is this this one ownership thing?
• 32:05
  Is it the low mileage thing or, or are we just seeing, I mean 456 documented miles.
• 32:11
  Oh, the Buckman took factory delivery in 1992.
• 32:15
  I don't think there's, I don't think there's that forties in the Ferrari
• 32:17
  museum that have less miles than this.
• 32:22
  On the one hand, that's great.
• 32:23
  And on the other other hand, that's a sad thing.
• 32:26
  It needs everything.
• 32:27
  That's, I keep saying, but at the same time, I'm glad that there's folk
• 32:30
  like Phil Backman preserving cars.
• 32:32
  'cause there's too folk like me who just drive the kaho and that one out.
• 32:37
  Yeah, but you've had a good time in the process and you reduced the cost per mile.
• 32:44
  You have reduced the cost per mile.
• 32:45
  Yes.
• 32:46
  Let's not forget that.
• 32:48
  You know what I would give for a black F 40?
• 32:51
  I'm just gonna say that right now.
• 32:54
  Well, there is that meat colored one isn't there?
• 32:57
  Yeah, though, like the, which.
• 32:59
  Really makes you stand out there.
• 33:00
  If you own that min color, 40, everyone knows it's your car.
• 33:04
  There was one recently reaped done.
• 33:06
  Or repainted.
• 33:07
  Or rehabbed.
• 33:08
  It's a, it is a light blue like metallic.
• 33:12
  It is gorgeous in that color.
• 33:17
  That has to be a market setting record throughout that.
• 33:23
  Alright, so very early 3 0 8 GP here with fiberglass bodies.
• 33:30
  You guys the last for us one, right?
• 33:32
  One of the last, yeah.
• 33:35
  Now this 3G TB is a razina, is that correct?
• 33:38
  A fiberglas body?
• 33:39
  Yeah.
• 33:40
  It a is a only 9,931 miles.
• 33:44
  The eighth example produced, the thing that people always say about
• 33:47
  this is they need a belt service either every three years or 30,000
• 33:51
  miles or whatever it is, and how that's a bit of a pain, the bottom.
• 33:55
  But of course the car was designed to have the engine lifted out
• 33:59
  and have those belts done.
• 34:01
  So it's not even that challenging.
• 34:03
  That's my understanding.
• 34:08
  So the beginning of the line here, fiberglass body
• 34:18
  clean, GTB body
• 34:23
  see, but I'm sort of, of the opinion that if you offered
• 34:26
  me a 3 0 8, I would take it.
• 34:29
  Oh yeah.
• 34:29
  I would probably be happier if it was the one that had a
• 34:32
  hundred thousand miles on it.
• 34:34
  Because I knew it was driven.
• 34:35
  I knew it was loved and it had to be maintained in order to get there.
• 34:38
  No, you don't think so?
• 34:41
  Yes.
• 34:41
  For me, the, the living breathing car is far more appealing than the garage queen.
• 34:47
  Low mileage special.
• 34:48
  But you know, this is what Phil Backman used to say his there when people used
• 34:51
  to say to him, drive the cars dude.
• 34:53
  He would say, you enjoy the cars your way and I'll enjoy them my way.
• 34:59
  The fees and stuff.
• 35:01
  I, I was outside and some people were chatting and like one older gentleman
• 35:05
  asked this younger gentleman, they was probably around our age, but
• 35:08
  the older gentleman's probably in the seventies, he goes, what do
• 35:10
  you think the total thing worth?
• 35:11
  And the guy was like, oh, I don't know, probably around 50 million.
• 35:14
  And I turned around and said, you're way off.
• 35:17
  Five of the cars total will go for that.
• 35:19
  Yeah, it should break a hundred million total.
• 35:23
  At least get close.
• 35:25
  Well we can add it up afterwards.
• 35:27
  Find out roughly taking a ballpark is say 12% total in fees.
• 35:32
  You know, maybe they negotiate a little better rate stuff.
• 35:34
  Even just doing that, we get, you know, let's still impressive.
• 35:37
  Yeah.
• 35:38
  So now we got another Testa Rosa for your books here.
• 35:41
  This is way out of the ballpark, isn't it, Dave?
• 35:44
  Totally, totally.
• 35:46
  Why are we reach 257 miles?
• 35:51
  257 miles.
• 35:53
  There you go.
• 35:54
  Interesting aside, Darrell Greenmeyer, the late ne Darrell Greenmeyer, former
• 35:59
  SR 71 pilot holds the, uh, bought this car new, he holds the, uh, piston
• 36:05
  powered world record that has yet to be unbroken since it's 19 69, 483
• 36:11
  miles an hour in a Grum and Bearcat.
• 36:13
  Wow.
• 36:14
  So this was his car new.
• 36:15
  So Dave, when you go back and do your analysis on the Testa Rosas, does this car
• 36:19
  suddenly become an outlier at $600,000?
• 36:23
  Absolutely.
• 36:24
  Absolutely.
• 36:25
  So it's almost off the table is, is it the provenance?
• 36:26
  I mean, is it, you know, not only original owner provenance, but also
• 36:31
  Bachman provenance, low mileage.
• 36:34
  It's just ticking all the boxes.
• 36:36
  But Testa roses are, are entering a new paradigm right now.
• 36:41
  Yes.
• 36:41
  6 25. It wasn't that long ago at Monterey.
• 36:45
  I, I sat in a black car that was estimated to make 90 grand and thought,
• 36:50
  oh, I might even be able to get there.
• 36:53
  But six 50, I don't think I can get there.
• 36:57
  It'll remain to be seen at the next round of auctions, uh, January, March.
• 37:02
  And then Monterey, have we entered a new era for these cars or,
• 37:06
  or, uh, and a new expectation?
• 37:09
  Or is it just simply a function of a perfect alignment of the planet's money,
• 37:14
  supply, exuberance, people appreciating these cars, and also the presentation
• 37:19
  of them as one single collection?
• 37:22
  I love the, uh, plexi nose on this Daytona that we've got on the block at the moment.
• 37:28
  What's the premium?
• 37:29
  Is there a significant premium for cars with the plexi nose?
• 37:32
  I think it's rarity and early production status.
• 37:35
  There was a time they weren't as much in vogue as they are now.
• 37:39
  If you're collecting Ferrari's and you like the Daytona, then an early
• 37:44
  one should be in your collection.
• 37:46
  Again, it's money chasing rarity and first of the line status.
• 37:51
  I mean, I'm gonna be the detractor here.
• 37:53
  I've said it before on our drive through news program when these cars just
• 37:57
  happen to come up every now and again.
• 37:59
  I am not a fan of the shape of these cars.
• 38:02
  I mean, I get the whole Miami Vice thing.
• 38:05
  You know, they did use these on Miami Vice in the early
• 38:07
  seasons versus Tesla Rosa later.
• 38:08
  But I just, I don't get it.
• 38:11
  Well, a story about Miami Vice was the original.
• 38:14
  The, the Daytona in Miami Vice was a replica.
• 38:18
  It was a Corvette on a replica chassis.
• 38:20
  The Ferrari himself was a fan of the show, contacted the production company and said,
• 38:25
  I will give you a cup the next season.
• 38:28
  As long as that black replica meets a horrible end, what it does, it burns up.
• 38:33
  Sonny Crockett fakes his own death in when episode.
• 38:36
  She's the car and it burns, hence the white tester.
• 38:40
  Also to the Daytona.
• 38:42
  It was not intended as a race car, and yet I think it earned second.
• 38:45
  And the 24 hours of Daytona at 19 79, 6 25.
• 38:49
  That Daytona just paid, what, five 50 I think or something?
• 38:53
  I've got 6 25.
• 38:54
  Oh, was this, so we've, uh, 79 3 0 8 on the block now.
• 38:59
  So super rare color here.
• 39:01
  Never even seen this color on a Ferrari before.
• 39:04
  How much is that gonna add to value or to, to interest to a 3 0 8 fan like me?
• 39:12
  Dollar for dollar?
• 39:13
  I would love to have one that's in, not in Rosso.
• 39:16
  What you're not able to see when you're watching this on television
• 39:21
  is the actual color of the car.
• 39:23
  This is a very, very gray car with a green undertone, but on television
• 39:28
  it presents itself as very green.
• 39:30
  Now there is a green color for three oh eights, which is really, really nice.
• 39:35
  And there was actually, if you use a Magna Pi reference, there was an episode
• 39:38
  where they actually featured a green at 3 0 8 on there that Carol Burnett drove.
• 39:43
  And the story goes that Tom Selleck was in the shop and they brought the
• 39:47
  green around all this kind of thing.
• 39:49
  This is not that color.
• 39:50
  This is a gray, uh, that you're seeing here.
• 39:55
  You know what, you'd have to show me a bad color on the 3 0 8.
• 39:58
  I'm sorry.
• 39:59
  I just think that that color they wear pretty much every color.
• 40:02
  Well, that is just gorgeous and I love it's that it's apparently it's the first
• 40:06
  3 0 8 produced in that color combination.
• 40:12
  So isn't this a this, we, we now have a, uh, five 50 barta
• 40:17
  crossing, uh, crossing the block.
• 40:19
  Isn't this a case of, uh, you give the punters less and charge 'em more?
• 40:23
  You cut the roof off and yeah, charge 'em more money for it.
• 40:26
  That's the Porsche formula, right?
• 40:28
  Take something away and charge more for it.
• 40:30
  I love some 5 55 75.
• 40:33
  Not a fan of the convertible.
• 40:35
  And I'm gonna say it on.
• 40:36
  Probably say it again during this broadcast, I don't like yellow.
• 40:42
  It's all in the eye of the beholder.
• 40:44
  Eric.
• 40:44
  I don't think the five 50 wears yellow.
• 40:46
  Well that, that's my point.
• 40:48
  Black is Corvettes wear yellow excellently.
• 40:50
  The nine 11 looks.
• 40:51
  That's really good.
• 40:52
  Yellowness.
• 40:53
  That's Kyle light yellow.
• 40:53
  Yeah.
• 40:54
  This body shape does not lend itself well to yellow.
• 40:57
  Now sadly, it doesn't roll off the tongue.
• 40:59
  Like say uh, red Barta from uh, from Rush.
• 41:02
  Yeah, yeah, yeah.
• 41:03
  I wonder what Neil Pert would've done, but you know what?
• 41:06
  I'll take a yellow Ferrari any day.
• 41:08
  I don't care.
• 41:11
  We're at 1.1 already for five 50.
• 41:15
  These look really good in that gun metal gr.
• 41:19
  They do a lot of gun metal gray in that car and the dark blue
• 41:22
  that the four five sixes came in is really, really nice as well.
• 41:29
  And I worked at EMC in the.com boom.
• 41:31
  My boss was rookie of the year and with her bonus, just her bonus, she
• 41:37
  bought a new five 50 oh and sat it in the garage one time at her house.
• 41:42
  You know, I love the observance of those days.
• 41:45
  As a bystander I was in banking and financial services and just hearing about
• 41:49
  the stories like that and then getting the inside baseball of the tech, uh,
• 41:53
  Silicon Valley scene from you, John.
• 41:56
  That's fun.
• 41:58
  How many other grand tours did we cut the roof off of Ferrari you think of?
• 42:03
  No, design wise, not Ferrari in general, but like we talked about
• 42:06
  before, you wouldn't cut the roof off on 9 28 because this is the sort of
• 42:09
  classic card that the five 50 is in.
• 42:11
  So can we think of any other, maybe some Astons where we cut the roof off?
• 42:16
  Thanks.
• 42:16
  Js Jaguars, yes.
• 42:18
  There's not many in that class where you take a grand tour and make 'em a cabrio.
• 42:22
  Le you're making me think of that traditional British term that the
• 42:27
  Drop Drophead coop or drophead co a, that it's almost that kind of, as
• 42:33
  opposed to a true Roadster drophead.
• 42:37
  Has like the folding roof so it can be a little more formal, right?
• 42:40
  So,
• 42:53
  alright, here we go.
• 42:53
  Another halo car.
• 42:54
  So why want that vibe?
• 42:56
  I teach a class at a prominent west coast university each year and I had a student
• 43:02
  a couple of years ago pull one of these cars up in a presentation he was doing as
• 43:08
  an illustration of design that's 20 years old that has moved onward and and upward.
• 43:15
  Now for me, I was really not sure about these enzos when they first came out.
• 43:19
  As the years have gone by, I've really begun to appreciate how they represent
• 43:24
  what Ferrari was doing in Formula One.
• 43:26
  At the time, the high nose, like the anhe nose that was on
• 43:29
  contemporary Formula one cars.
• 43:31
  But my question for you guys is how has the Enzo shape stood up over the decades?
• 43:37
  I don't think it's aged well, John, it looks very early two thousands.
• 43:42
  It is to your point, mimicking the formula one cars of that era and it's
• 43:46
  just sort of stuck in time versus a car like let's say the Audi R eight or the
• 43:51
  third Gen RX seven or other more fluid designs, you can't put a date on them.
• 43:56
  This car, in my opinion, is very dated, especially when you compare
• 44:00
  it to things like the LA Ferrari and things that came after it.
• 44:03
  But it is a step away if you keep it in the same lineage as the F 40
• 44:07
  and the F 50 and the cars before it.
• 44:09
  It's very different, right?
• 44:10
  It's very much more the Batmobile.
• 44:13
  There goes
• 44:15
  yeah, definitely those top of the range Ferrari sort of hyper cars
• 44:20
  from the days of the 2 8 8 that basically they a Hot Rod 3 0 8.
• 44:24
  This is something completely different in terms of order new by the bot
• 44:30
  messaging personalized at the factory for the Batmans who ordered at new 645.
• 44:36
  Miles.
• 44:38
  We're already asking for 10, five, 10 million, 500,000.
• 44:47
  None of these supercars do very high mileages.
• 44:51
  Unfortunately, no, it would be very hard to find at Canara or
• 44:55
  a Mustang with miles this low.
• 44:57
  But surely there are other F 50 out there that have miles that are this
• 45:01
  low that might be able to command this kind of massive premium.
• 45:06
  Well, let's, let's, let's put a ribbon around that, right?
• 45:09
  Where do you drive an Enzo where you can actually enjoy it?
• 45:15
  There better not be any speed bumps in your neighborhood.
• 45:18
  We've broken through to the, the other side is Jim Morrison
• 45:21
  and the doors would sing.
• 45:23
  We're asking for 12 million on this car now.
• 45:27
  This is a record, isn't it?
• 45:29
  I, I believe it might be.
• 45:30
  I'd have to go, go back and check.
• 45:32
  But this is exciting.
• 45:35
  We, we talked before we, we came on air about how there's a momentum around
• 45:41
  auctions and, and how if one car early in the auction and performs that can lead
• 45:46
  to under performance in, in other cars.
• 45:50
  You seem to be experiencing the opposite effect here.
• 45:52
  There seems to be a flywheel effect of very high prices in a correction
• 45:59
  of this size and magnitude.
• 46:02
  Anybody who's bidding probably has agents in the field that
• 46:05
  are doing the bidding for them.
• 46:07
  They've probably researched these cars thoroughly inspected them.
• 46:11
  Any bidding here would not be a surprise, and unless it comes down to who really
• 46:16
  wants the car at the end of it all.
• 46:17
  But I think, I think a lot of research has been done.
• 46:27
  They're pushing right now.
• 46:40
  There's this hush that has come over the audience as they're pushing the number.
• 46:48
  Yes.
• 46:48
  Everybody else
• 46:58
  closing.
• 47:02
  Wow.
• 47:04
  Asking for 12 six now.
• 47:15
  Wow.
• 47:19
  Asking 13 million.
• 47:22
  You know what they say?
• 47:23
  That there only needs to be two people in the audience who really want it.
• 47:27
  Yeah.
• 47:27
  Right.
• 47:28
  13 million.
• 47:29
  13 million
• 47:33
  motivated seller and two willing bids.
• 47:35
  That's all you need.
• 47:36
  I mean, we haven't even gone to the Bianco special yet, and we're seeing history
• 47:39
  being created right in front of us.
• 47:41
  Yeah.
• 47:41
  The whole pricing curve for all these cars is brand new.
• 47:53
  Yesterday when we were walking round, we were talking about whether it really
• 47:58
  made sense for the Backman collection to be at Mecca and whether or not it
• 48:02
  should be a standalone event, 19 million.
• 48:05
  Now, it should have been handled by perhaps one of the
• 48:09
  other, or auction companies.
• 48:11
  Well, I think we can confirm that this probably has to be the right environment
• 48:17
  for the Batman collection to be sold.
• 48:19
  Yeah, for sure.
• 48:20
  This is.
• 48:20
  Turned out to be a great move to bring this collection here.
• 48:24
  The stadium's full, there's excitement everywhere.
• 48:27
  Positive atmosphere.
• 48:29
  The money is here.
• 48:31
  Yeah.
• 48:32
  Am we still grinding up 13, 2 50, asking now?
• 48:37
  Yeah.
• 48:37
  They're not letting go of this 13 million.
• 48:42
  Any fear of speed on the auction block is, uh, is, uh, unfounded.
• 48:49
  Well, and the hilarious part is right behind.
• 48:51
  This is also a super ultra rare FXX, so we've got two heavy hitters back to back.
• 48:58
  Love it.
• 48:59
  And they're both yellow, I'm not mistaken.
• 49:01
  Oh, there's a lot of yellow This Dave.
• 49:02
  Love it.
• 49:05
  You know what, I find it refreshing and Florida's the, uh, sunshine
• 49:08
  state and, uh, this looks like the color that we need here.
• 49:11
  You know, if you like mustard more than ketchup, I get it.
• 49:14
  It is.
• 49:14
  Okay.
• 49:17
  I'm apt to put both on my hot dog.
• 49:19
  You know, I love both condiments.
• 49:20
  Absolutely.
• 49:21
  I'm with you.
• 49:24
  John's more of a chili man, you know.
• 49:26
  Oh, that's delicious too.
• 49:29
  We're asking 14 million right now for, there's no reserve for Ferrari.
• 49:34
  Enzo order New by the Bachmans customized at the factory to their specification.
• 49:42
  So this is safe to say this is a singular example of the Ultra Air Enzo,
• 49:50
  and it is going into the stratosphere.
• 49:56
  The, uh, the ink on my pen is gonna run dry before we finalize this bit, I think.
• 50:01
  I think so.
• 50:02
  There's still a little bit of juice to extract from this one.
• 50:05
  This is exciting.
• 50:06
  I, I didn't come here to see, uh, see a doll auction and, uh,
• 50:10
  this is, this is actually, uh, this is better than caffeine.
• 50:15
  Yeah, this is really exciting.
• 50:16
  We just said we felt that, I mean, the styling wasn't that desirable.
• 50:20
  Agent battery, maybe the yellow would, would hurt the price of it.
• 50:23
  Well look at that.
• 50:25
  15 million.
• 50:26
  My God, I'd have to say this is delicious in honor of your
• 50:31
  recent Schumacher episode.
• 50:32
  John, I am going to mention that Michael's Enzo was black.
• 50:37
  Just wanna point that out.
• 50:39
  Flying.
• 50:40
  If I could choose a color to have me and I'd have mine in black.
• 50:43
  I like a black Ferrari
• 50:47
  asking 15 million.
• 50:49
  Now on the auction block,
• 51:03
  we've obviously got two motivated bidders at minimum, but I'd
• 51:06
  like to know where they are.
• 51:07
  Are they in the crowd?
• 51:08
  Are they up near the block on the phone?
• 51:14
  14,
• 51:18
  or is that into hundred thousand dollars increments there?
• 51:21
  Yeah,
• 51:33
  I want to see somebody putting their paddle up.
• 51:42
  Sold at 15 million.
• 51:52
  They still bidding.
• 51:59
  Okay, so we've hit 15 million, now they're going 15.
• 52:01
  Two 50,
• 52:14
  got it.
• 52:17
  15 two.
• 52:25
  50.
• 52:32
  Come on.
• 52:32
  50 50. Wrote
• 52:36
  asking 15 million, $500,000 for this one family.
• 52:42
  One couple from new, we are in uncharted territory with right now.
• 52:57
  Where are the dragons?
• 52:59
  Has as black car.
• 53:01
  Lord knows what that would be worth.
• 53:06
  That's a before or after conversation, John, but we can't have that yet.
• 53:14
  Now asking 16 million
• 53:19
  at, they've got 15,000,500 asking 16 million.
• 53:23
  15 million.
• 53:27
  Wow.
• 53:28
  16 million.
• 53:30
  They have a bid for 16 million.
• 53:40
  It's not often.
• 53:41
  I struggle for words, but I'm sort of struggling for words at the moment.
• 53:44
  I, I was expecting this to make about a million and a half or two.
• 53:48
  Right?
• 54:03
  They've got $16 million in the room.
• 54:06
  In the room.
• 54:10
  You know, John, it might have been cheaper to buy everybody a beer in this stadium.
• 54:19
  I'm getting chills.
• 54:20
  I'm having.
• 54:20
  Anole moment today.
• 54:22
  There's a bidder in the room that just made the last
• 54:25
  winning the last highest bid.
• 54:37
  Okay.
• 54:38
  16,000,500 is the, is the now
• 55:05
  $16,250,000. Wow.
• 55:11
  In the, I believe it's in the room too.
• 55:13
  That's what, 6 million over record, right?
• 55:15
  Yeah, 6 million over the, for the record previous record
• 55:23
  it, the classic car walk.
• 55:24
  It's got some legs yet then.
• 55:25
  Yeah, it does that though.
• 55:28
  This is that Bitcoin money, John?
• 55:32
  Yeah.
• 55:32
  I wish I'd gotten some of that.
• 55:33
  My God.
• 55:34
  It's Nvidia Tech stock cash outs.
• 55:39
  Now here's a race car straight up.
• 55:42
  Oh, Ferrari xx.
• 55:43
  I mean Fxx talk about an evolution off of the Enzo.
• 55:47
  So wasn't this similar to the Maserati mc 12?
• 55:52
  Correct.
• 55:52
  Was so which came first and I believe the mc 12 is older and
• 55:55
  then there was the mc 20 as well.
• 55:59
  This is the only example in yellow.
• 56:01
  Are these Fxx, is street legal or is it one of these things where you would tow to
• 56:05
  The William would know more on these than we do, but I always thought Legend had it.
• 56:10
  You couldn't actually own an FX X. I thought it was one of the
• 56:14
  cars that Ferrari would bring to you when you wanted to drive it.
• 56:17
  And then they would take it back to Ello and keep it under lock and cube.
• 56:20
  Is that, did they actually sell Epic X?
• 56:23
  No.
• 56:24
  I mean obviously they sold this one.
• 56:26
  Yeah, after two years something or something after or were special,
• 56:32
  they let it out of the wild.
• 56:34
  But Norm think the plan is or was that they kept it and maintained it?
• 56:39
  They would deliver Jack the whole nine yards, but then they kind of
• 56:42
  got a little more flexible with it.
• 56:43
  Yeah.
• 56:44
  How many FX sixes did they make?
• 56:46
  Not many, right?
• 56:47
  No, 25.
• 56:50
  Okay.
• 56:50
  25 cars.
• 56:51
  And can you get it set?
• 56:52
  It's all one in yellow.
• 56:53
  Can you get it serviced at your local Ferrari dealership or
• 56:56
  does it have to go right away?
• 56:57
  Back to Marin Will?
• 57:00
  Yeah, I was gonna say, will Silicon Valley Ferrari be able to look after
• 57:04
  mine when I buy it or you know, my guess would be they'd send it to a dealer
• 57:07
  or they'd buy someone older maybe.
• 57:11
  I mean that's if you actually drive the thing.
• 57:15
  Now I can't imagine an FXX would sell for less than an Enzo.
• 57:20
  It's way more rare.
• 57:22
  It's way more capable.
• 57:23
  I could be wrong
• 57:34
  if it does go for less than the Enzo, the Enzo guy's gonna
• 57:38
  look as if he had overpaid.
• 57:40
  Yeah, it's sort of stuck at 6 million right now.
• 57:45
  I mean it's, it's kind of funny to say that like, ah, it's
• 57:47
  Monopoly money or something.
• 57:48
  But yeah, it's, it's just sitting there.
• 57:52
  I wonder if the difference in bidding boils down to whether or not this
• 57:57
  car is actually usable in the wild, in the real world to some extent.
• 58:00
  Listen to that exhaust.
• 58:02
  Oh my goodness.
• 58:04
  Pure race car.
• 58:05
  I'm glad they started it.
• 58:07
  So this is some unique and theater, isn't it?
• 58:09
  We leave the engine off until the bidding stalls and when the bidding
• 58:13
  stall, we turn that and motor on.
• 58:15
  Well, and you also get a little high off the fum, so you might
• 58:18
  bid on it, you know, sold at.
• 58:21
  6 million round.
• 58:22
  Is that right?
• 58:23
  6 million flat.
• 58:24
  Interesting.
• 58:27
  The Ferrari 360.
• 58:29
  Now this example's a challenge.
• 58:31
  Strada and I, for one, would love to have a go in one of these.
• 58:33
  'cause the first Ferrari I ever drove was a, uh, 360 standard car at
• 58:40
  Thruxton ton the circuit in England.
• 58:42
  And it understood, oh my God, I got bush out a hundred
• 58:45
  miles an hour through church.
• 58:47
  I was so disappointed.
• 58:49
  We do that and I wanna charge one of these challenge to make sure they don't do that.
• 59:02
  William, would you be to tell me, is the FXX uh, actually road legal here?
• 59:06
  Yeah.
• 59:07
  Wow.
• 59:07
  Road legal race car.
• 59:09
  Just slap some plates on and yeah, it's awesome car.
• 59:15
  Oh my gosh.
• 59:17
  John claims that he made a 360 motor, a under steer truck, and I, I'm
• 59:22
  wondering if there's a pattern here.
• 59:24
  Yeah, I don't know that it's the car.
• 59:26
  I, I believe it might be the driver.
• 59:29
  Understood.
• 59:29
  Can be fun.
• 59:30
  A good running joke in the studio, John and his under steer cars.
• 59:34
  Yeah, I, I should say we've, uh, offline we were talking about this and, and you
• 59:38
  think I turned into early, don't you?
• 59:40
  I, I think you early apex my friend.
• 59:42
  You, you need to go a little later, a little deeper, a little later.
• 59:45
  And that applies to a lot of things in life.
• 59:46
  But, you know, hey,
• 59:50
  what do we make of the red accents on this challenge to the red tail
• 59:55
  panel and the red headlight inserts?
• 59:58
  What do we make of that?
• 59:59
  I, I'm gonna say this.
• 1:00:00
  I am not a fan, but I am a fan of like tinted headlights.
• 1:00:05
  But then again, I do harken back to the days of the Amber French headlights.
• 1:00:10
  There's some, I love the yellow headlights on something.
• 1:00:13
  I think they just look super cool and I've done that on a couple race cars
• 1:00:16
  myself, where I'll convert them over to have the French style headlights.
• 1:00:19
  I, the red is.
• 1:00:21
  It's a contrast to the yellow, but to me it makes it feel a little bit too hot.
• 1:00:26
  Wheels.
• 1:00:29
  Yeah.
• 1:00:29
  I could be wrong, but I believe this example has all the kit that was
• 1:00:35
  supposed to come, uh, be installed for competition but never was.
• 1:00:39
  It comes with the extra features.
• 1:00:42
  But this to my understanding, this car was never used in competition.
• 1:00:46
  So does it have the roll cage and so does it have the roll cage and everything?
• 1:00:49
  The all, all that does come with the car, to my understanding.
• 1:00:52
  And in the, the package of, uh, extras.
• 1:00:55
  Okay.
• 1:00:55
  It came with them and then there was a directive not to install them
• 1:00:58
  and the car was not to be tracked.
• 1:01:01
  So you have a real challenge, STLE, this is actually a, you know, not
• 1:01:06
  fully fitted out for competition.
• 1:01:07
  Yeah.
• 1:01:07
  You challenge cat that was truly full of Stle.
• 1:01:10
  Yeah, yeah, exactly.
• 1:01:11
  True to its name.
• 1:01:12
  Which is funny 'cause I learned through William.
• 1:01:14
  There's actually a separate manual on how to put together the challenge package.
• 1:01:19
  They walk you through how to install all those components to
• 1:01:22
  include how the roll cage should be welded and where it should be.
• 1:01:26
  It's very, very intricate.
• 1:01:28
  So could you take a 360 and retro it into a challenge ada?
• 1:01:32
  Yeah, because it's all boltons, it's sort of a three series
• 1:01:35
  BMW morphed into an M three.
• 1:01:37
  What's the difference between the two?
• 1:01:39
  For a long time it was Boltons, right?
• 1:01:41
  So I think the same is very true of these three sixties.
• 1:01:45
  You can make them cup cars, but do you wanna make them authentic cup cars or
• 1:01:49
  do you wanna make them aftermarket?
• 1:01:51
  And that's where you gotta make a decision today getting a hold of a
• 1:01:55
  Strada package that's still in the boxes.
• 1:01:59
  That's as rare as the car itself.
• 1:02:00
  Yeah, car just did a million dollars, which I'd never, I never
• 1:02:04
  would've imagined I would ever see a 360, make a million dollars.
• 1:02:08
  And that, I think that's goes straight back to the fact that that kit was
• 1:02:11
  never, uh, the, the factory equipment was not put on for competition.
• 1:02:16
  And I think it makes this car even more interesting.
• 1:02:18
  Right.
• 1:02:19
  And you know.
• 1:02:21
  And then, you know, the new owner does have a decision to make.
• 1:02:23
  And if it were me, I'd covet the equipment, but I
• 1:02:27
  would keep it the way it is.
• 1:02:28
  I just, I'm that kind of a guy.
• 1:02:30
  Yeah.
• 1:02:30
  Yes, absolutely.
• 1:02:31
  Because that yellow with the red light, so just distinctive.
• 1:02:34
  Everybody would know it was your car.
• 1:02:36
  And I think for a lot of collectors that's important.
• 1:02:38
  Exactly.
• 1:02:38
  And then I think you run into the problem where if that challenge strada
• 1:02:43
  kit is numbers matching to the car, if you are this discerning enthusiast that
• 1:02:48
  just bought this one, would you sell it to somebody that wants to do what you
• 1:02:52
  want to do, John, which is bolted into a regular 360 to make it a cup car.
• 1:02:56
  Now we've got this weird dilemma because it's a very specific buyer who would want
• 1:03:01
  to get that kick, but I think it sort of just lives with the car in perpetuity.
• 1:03:07
  To me it's similar to a, um, a Dodge Demon with the demon crate.
• 1:03:13
  And I'm always looking, if I, when I'm, when I'm, uh, looking
• 1:03:17
  at a car that's considering a car that needs an auction description,
• 1:03:20
  does it come with the demon crate?
• 1:03:22
  And is it, and then even at that, has it been opened even?
• 1:03:25
  And it's sort of like I'd leave it alone.
• 1:03:27
  Like the Ark of the Covenant.
• 1:03:29
  Yeah, yeah.
• 1:03:30
  You know what I mean?
• 1:03:30
  Well, you know what happens when you open that you've seen the movie, so Oh yeah.
• 1:03:35
  Things that have been started in the motion cannot be reversed
• 1:03:38
  at from that point forward.
• 1:03:41
  So we have this, uh, Daytona on the block, a million dollar mark.
• 1:03:46
  Looking at the provenance on this, it seems like it was a car that the Backmans
• 1:03:50
  very much used for showing purposes.
• 1:03:53
  It seems to have won a, a number of, of Concor in in the past there.
• 1:03:58
  Of course, this is a very large part of the Ferrari community that going
• 1:04:04
  to shows the competition and, and if you've ever done any show field judging,
• 1:04:09
  you'll know that the Ferrari Club has very high standards of judging.
• 1:04:14
  I know some of the concourses I judge at out on the West coast.
• 1:04:17
  We let the Ferrari guys judge their own class, judge.
• 1:04:20
  Rest of it, 432 miles one of 19 produced in its color combination.
• 1:04:29
  You've just gotta respect this car regardless of color.
• 1:04:33
  The yellow's interesting.
• 1:04:38
  We're at 1,150,000 is the ask, you know, you know what really stands out to me
• 1:04:44
  about the design of this car that I maybe don't notice in some of the other colors?
• 1:04:49
  And I've said before, I'm not a big fan of this body style.
• 1:04:52
  I think it's that front turn signal that really sort of turns me off in yellow.
• 1:04:58
  It's apparent, it's like this punch up in the eye.
• 1:05:01
  I think maybe it was less noticeable with the fiberglass front like
• 1:05:04
  we saw in the previous car.
• 1:05:06
  Interesting.
• 1:05:08
  My feeling around that is, can you see the, the side marker
• 1:05:11
  to towards the, the end there?
• 1:05:13
  Euro spec cars do not have those side markers.
• 1:05:17
  And for, for me, it's a small thing, but those side markers are ugly.
• 1:05:21
  I would certainly prefer a Euro spec car a lot, and especially during that
• 1:05:26
  time period, you know, in the early seventies when they were, hadn't
• 1:05:29
  introduced the big safety bumpers, you know, all those kinds of things.
• 1:05:32
  A lot of that stuff would just bolted on, tacked on.
• 1:05:34
  It's like, let's go down to the local trailer supply store and
• 1:05:37
  grab some rectangle reflectors and glue 'em to the side of the car.
• 1:05:42
  It looks, I don't know, luckily, you know, with some dental floss and a heat gun,
• 1:05:46
  you could take a lot of that stuff off.
• 1:05:52
  2 75 behind that one.
• 1:05:54
  That combat, that's gonna be another big number.
• 1:05:59
  Oh yeah, this 5 75 m 625 miles.
• 1:06:03
  The last example built for the US with the, uh, rev ahr co, uh, roof.
• 1:06:10
  I guess, uh, that changes.
• 1:06:12
  Its, uh, very, its opacity, it flips back.
• 1:06:16
  I've actually never seen this reef style before.
• 1:06:20
  I miss it.
• 1:06:20
  When we were walking around yesterday, I've never seen this before.
• 1:06:23
  It'd be interesting to know, you know, how that roof mechanism functions.
• 1:06:27
  Uh, there was a factory patch or fix when owners were having difficulty with it.
• 1:06:33
  Great technological leap.
• 1:06:34
  Uh, these roof, uh, designs are being in use, uh, today with various manufacturers.
• 1:06:41
  It's in yellow.
• 1:06:42
  Again, just a, just a super cool, interesting Ferrari,
• 1:06:47
  modern Ferrari supercar.
• 1:06:52
  It kind of reminds me in a way of that Shelby series one that we
• 1:06:56
  saw yesterday in its body lines.
• 1:06:59
  I mean, again, the five 50 and five 70 fives, they're handsome grand tours, but
• 1:07:04
  once you cut the roof off of them, I, I I'm still trying to just put it together.
• 1:07:09
  You know, I'm trying.
• 1:07:09
  You are correct.
• 1:07:10
  Yeah.
• 1:07:10
  I think that certainly speaks to the era when these cars were, uh,
• 1:07:13
  designed, developed, and built.
• 1:07:16
  Absolutely.
• 1:07:16
  It's got that look definitely similarity to the series one.
• 1:07:20
  And so we dive deeper into this roof line.
• 1:07:22
  It's not a convertible, it's sort of a targa or what we would have
• 1:07:26
  called a targa in the seventies.
• 1:07:28
  Yeah.
• 1:07:28
  With a power operated variable, uh, opacity roof.
• 1:07:32
  There is a debate, isn't the between five 50 and five seven fives because
• 1:07:37
  the five seven fives were only available with an automatic transmission,
• 1:07:42
  whereas the five fifties, the earlier cars were available with a stick.
• 1:07:46
  So for me, the five 50 is always more desirable than a 5 7 5.
• 1:07:52
  'cause of that third pedal, especially, uh, the, we're going through the, the
• 1:07:56
  era when there's that transition from the six speed and the F1 automatic
• 1:08:01
  availability to the F1 automatic only.
• 1:08:04
  It would be interesting to see what both flavors of the car would,
• 1:08:07
  of the, of them would be like.
• 1:08:09
  Well, and you know what's really good about this 5 50, 5 75 conversation is
• 1:08:13
  that William devoted an entire episode to the nuances between the five 50, the
• 1:08:18
  5 75, and which one you should or should.
• 1:08:20
  Not invested and opportunities you have to, let's say, modify them,
• 1:08:24
  do the manual transmission swap.
• 1:08:26
  So if you're wanna dive a little deeper, I would take one of those.
• 1:08:29
  I would take one of those cars all day long because they won't be
• 1:08:31
  worth the same as the original cars.
• 1:08:33
  I would love a, a manual converted one
• 1:08:38
  for me, A old fashioned, but this 2 7 5 GTB alloy four camp car that
• 1:08:46
  is crossing the block at the moment is my favorite of the Backman cars.
• 1:08:51
  Yeah.
• 1:08:51
  The best spec beautiful, from what I understand is am,
• 1:08:55
  am I correct or incorrect?
• 1:08:56
  It's one of the last of the really handbuilt Ferrari bodies.
• 1:09:00
  I believe that to be true.
• 1:09:02
  So that would've been a scte body car, right?
• 1:09:05
  I believe so.
• 1:09:06
  There's a great article in Car and Driver, I believe from 1967 where the
• 1:09:14
  rider sat on a, on a bar stool with a 2 75 GTB and just considered it visually
• 1:09:21
  for about a day and really could not find one body dimension that matched
• 1:09:28
  the one on the other side of the car.
• 1:09:30
  Like the, the, the differences were minute, but what they came up with at
• 1:09:34
  the end was these are handbuilt creations and we'll likely never see them again.
• 1:09:40
  And isn't that great?
• 1:09:42
  And you know what?
• 1:09:43
  I don't care if my right rear rocker panel is one millimeter off and if
• 1:09:48
  somebody was actually working over a form and, and beating panels,
• 1:09:54
  because that's craftsmanship, right?
• 1:09:55
  That's craftsmanship.
• 1:09:56
  And and of course you're gonna see that.
• 1:09:58
  Yeah, it's the kind of artisanal craftsmanship that, you know, we love
• 1:10:03
  craft bread and we are ready to pay a premium for handmade crafted stuff,
• 1:10:10
  stuff from before the machine age.
• 1:10:13
  And it cars like this absolutely symbolize that.
• 1:10:18
  I would say about it, about these 2 7, 5.
• 1:10:20
  So I, uh, I asked Ed Gilbertson, who's very well known in the Ferrari
• 1:10:26
  community, I asked him what, you know, he's owned and driven Ferrari
• 1:10:31
  for the last six or seven decades.
• 1:10:34
  What's his, you know, from a purely driver's perspective, what's the
• 1:10:37
  best Ferrari you've ever owned?
• 1:10:39
  And he said, A two cam, 2 7 5.
• 1:10:42
  'cause the four cams did not make a lot more power than the two cams and were
• 1:10:46
  a lot more difficult to, to maintain.
• 1:10:49
  So for him, the best driving Ferrari price, no object to two cam 2, 7, 5.
• 1:10:56
  No doubt with the steel body rate.
• 1:10:57
  'cause those allied body ones too expensive, too easy to paint the panels.
• 1:11:03
  Now I'm not as much a Ferrari historian as let's say William is.
• 1:11:07
  These were Colombo motors right at this point, or had they
• 1:11:10
  already evolved past that point?
• 1:11:11
  I believe, I believe they were.
• 1:11:13
  Yeah.
• 1:11:14
  Whole price on that.
• 1:11:15
  That's a, the whole deal with Colombo and lamp Brady Motors
• 1:11:21
  is, is really interesting.
• 1:11:23
  If, if you look into the 2 75 GB four, um, the, the two V 12, both
• 1:11:29
  the Colombo and the lamp radio were available in increasing displacement.
• 1:11:33
  And, and literally when Ferrari was employing ano, it was the
• 1:11:37
  Colombo motor that was developed.
• 1:11:39
  But when he fell out with Colombo, he
• 1:11:43
  was the motor that was developed.
• 1:11:45
  Then when Lamp Brady left, we went back to developing the Colombo.
• 1:11:50
  You can tell, looking under the hood by the spark plug position,
• 1:11:54
  whether it's a Colombo or a lamb, I forget which one has the plugs high
• 1:11:58
  and which one has the plugs low.
• 1:11:59
  But that's how you can tell.
• 1:12:01
  Now here's a shape.
• 1:12:03
  Here's a Ferrari that I really like.
• 1:12:05
  I think these are underappreciated.
• 1:12:07
  The Luso, this is a really pretty car.
• 1:12:10
  Now we've talked about Enzo's daily driver, which is the
• 1:12:14
  three 30 Super America, right?
• 1:12:16
  3 32 plus 3 32 plus two, right?
• 1:12:19
  With that.
• 1:12:20
  Weirdly Penta, you know, rear glass thing that it's got going on.
• 1:12:24
  I don't like it 'cause it, it, it takes away from the sleek body shape that
• 1:12:29
  you see in the Berlin Luso because the cars are very similar in design,
• 1:12:33
  but this still re retains all that curvature, much like a 300 sl, right?
• 1:12:39
  To me it's the Ferrari's version of that.
• 1:12:41
  I, it's a very pretty car.
• 1:12:44
  These are gorgeous cars and I love the way the, the frontal treatment looks
• 1:12:48
  almost like shark, like how it protrudes just a little ever so much the hood.
• 1:12:52
  And it's just a beautiful, beautiful car.
• 1:12:55
  And it's glad I'm well, they've been getting their due for years
• 1:12:58
  now, but it's, uh, good to see.
• 1:12:59
  And we're already at 2 million for the ask.
• 1:13:06
  These are another Ferrari that presents very, very well in silver
• 1:13:10
  or black, right over the traditional red or yellow, dark blue as well.
• 1:13:14
  Yes.
• 1:13:15
  Extraordinarily well in dark blue.
• 1:13:18
  Is there an undesirable, uh, color on these cars?
• 1:13:22
  They're just so beautiful.
• 1:13:23
  It's not yellow.
• 1:13:32
  You're laying me the waist, but yeah, you know what, it's nice to see
• 1:13:34
  that a different, a different hue, uh, a different color in the mix.
• 1:13:47
  A rosso cor is amazing on any carb, on any Ferrari, but this just something
• 1:13:52
  more dignified about a color like this.
• 1:13:56
  Well, as we just clip past the $2.3 million moment, I'm reminded of when I
• 1:14:01
  was at an auction back in, oh, would've been 2006, something like that, when
• 1:14:08
  Steve McQueen's, Luso was sold and, and made 2.3 million, which at the time
• 1:14:15
  people will fall in off their chairs at the thought of Aus making 2.3.
• 1:14:20
  Yeah, we're back to that era again here.
• 1:14:23
  This is great.
• 1:14:27
  The stadium's still full looking for bids.
• 1:14:32
  The ask is 2.6 million.
• 1:14:36
  I really love this.
• 1:14:37
  Just icy gray throws a little bit of blue under these neon lights.
• 1:14:42
  Obviously on tv it looks different than it does in person.
• 1:14:45
  It's a absolutely gorgeous car.
• 1:14:47
  Yeah, it effect on tv, isn't it?
• 1:14:49
  It looks far more blue in the coverage that we can see in the studio here.
• 1:14:55
  I, I would have to say as Ferrari passenger cars go, I mean, we,
• 1:15:00
  we can all sort of lean on the 3 0 8 and, and things like that.
• 1:15:04
  This is, in my opinion, one of the best.
• 1:15:08
  I really like it.
• 1:15:09
  There's little doubt.
• 1:15:10
  This is one of the most elegant Ferraris.
• 1:15:15
  This is not the right auctioneer to have doing the stars.
• 1:15:20
  The guy's good, but he's not the right person.
• 1:15:25
  Why are you saying that with him?
• 1:15:27
  'cause I mean, he just, I keep, all I can think of is cattle her, not Drew,
• 1:15:33
  because it's just, I'm thinking 67 to 72 Chevy C tens coming through and Blazers.
• 1:15:41
  I love 'em.
• 1:15:42
  You love 'em.
• 1:15:43
  And, but there's a lot of them,
• 1:15:48
  and I know there's a schedule and, uh, you know, you gotta push them dogies through.
• 1:15:52
  But, uh, these cars deserve to have, uh, I think a little more, uh, possibly a little
• 1:15:58
  more time and, well, I, I feel like we're, we have a little bit of a breathing space
• 1:16:02
  at the moment, but this is a car that's, I also feel is stalled out at the moment.
• 1:16:07
  And we've created a breathing space only because it's not at the same level.
• 1:16:11
  Like maybe as the buying audience that just picked up that Enzo
• 1:16:15
  and picked up the, the FXX.
• 1:16:17
  Right.
• 1:16:17
  That's a different, you know, breed of collector or buyer.
• 1:16:20
  Both these cars coming,
• 1:16:24
  UPO one six.
• 1:16:25
  Yeah.
• 1:16:25
  Different you, you're right.
• 1:16:28
  Different collector.
• 1:16:29
  And I'd love to know what the demographic, you know, metrics
• 1:16:32
  are for the bid profiles here.
• 1:16:34
  Obviously the company's probably mining that and looking at it, but
• 1:16:37
  it'd be interesting to see how the market has shifted Who's going for
• 1:16:41
  the classic, the rare, classic era Ferraris, who's focused on the modern
• 1:16:46
  and who's focused on the supercars.
• 1:16:48
  And here we have the earliest car in the Backman collection,
• 1:16:53
  the 1953 or 1 66 mm body by vile.
• 1:17:00
  Usually these one six sixes I think have, uh, touring or pin in for bodies on them.
• 1:17:06
  Noticeable to me, at least as a vile lover, as the, the cutaway
• 1:17:11
  spats under the headlights.
• 1:17:13
  They, the way the body's been cut away.
• 1:17:15
  And of course that mm, designation refers to the mille milia.
• 1:17:19
  And really, you can't talk about Ferrari without thinking about the
• 1:17:24
  milia, that figure of eight road race around Italy that ran for so long.
• 1:17:29
  Because for, for Ferrari, this was the use case for his cars.
• 1:17:35
  Winning the mil mil was what it was all about.
• 1:17:38
  It wasn't about selling lots of cars.
• 1:17:40
  It wasn't about even really about Formula One.
• 1:17:43
  It became about Formula One after the milli milia ended.
• 1:17:47
  But when the mil mil was running, that was what Ferrari was all about.
• 1:17:51
  And this car was built for that event.
• 1:17:55
  Yeah.
• 1:17:55
  You know what's interesting about the Al Body though, when I look at it,
• 1:17:58
  if I wasn't in the know or didn't, you know, appreciate these cars for
• 1:18:03
  their history and whatnot, I look at it and think British Roadster,
• 1:18:07
  I think like AC Bristol, I think in that direction in terms of the island.
• 1:18:11
  'cause the, the AC ace was based on the Ferrari 1 66 and of course the AC ace
• 1:18:17
  was the car that Shelby took and became.
• 1:18:21
  The Cobra.
• 1:18:22
  So the Cobra styling wise is directly related to the Ferrari one six.
• 1:18:28
  What really excites me is how Vinali could craft an elemental competition.
• 1:18:36
  Roadster, like a spider body with events at the rear, et cetera, events at the
• 1:18:42
  side and a tight envelope body, and yet make it look elegant and beautiful.
• 1:18:49
  This would be an amazing car on the road if you wanted to tour it.
• 1:18:53
  And I believe I see, uh, road rally stripes on the side.
• 1:18:58
  It looks like Colorado brand possibly that the Bachmans might use this car on.
• 1:19:02
  And what a, what an amazing way to go through a long distance road tour
• 1:19:07
  slash rally than in, in this 1 66.
• 1:19:11
  Uh mm. Beautiful and, and elegant.
• 1:19:14
  And yet at the same time, effective.
• 1:19:18
  Would you wear a helmet on the Colorado brand in this car?
• 1:19:21
  I'd wear a pilot's World War II helmet and go aviator goggles.
• 1:19:24
  I'd go like, I'd be like this.
• 1:19:26
  I'd full, I'd Do you know, I'd want a full head because there's no row bar.
• 1:19:30
  Yeah, there's an easy car to turn.
• 1:19:31
  Aren't, I mean, look at this guy.
• 1:19:32
  He, he's probably five foot something.
• 1:19:35
  He sticks way out over the top of that car.
• 1:19:37
  Well, the whole deal with the arrow screens were was that they were minted,
• 1:19:40
  the screen didn't come up to your face.
• 1:19:42
  The screen was only designed to throw the air over, over your head.
• 1:19:46
  Yeah, like a deflector more.
• 1:19:49
  That was low though.
• 1:19:50
  That guy, guy, that was a one five.
• 1:19:52
  That 1, 1 9.
• 1:19:53
  It installed at one five and then it went up to two.
• 1:19:55
  When did you last see, uh, fifties Ferrari with competition history
• 1:20:01
  go for less than $2 million.
• 1:20:03
  Yeah, that, it's the audience right
• 1:20:07
  now.
• 1:20:07
  This car 3 48, this was always one of my favorites.
• 1:20:11
  I felt like it was like the baby tester.
• 1:20:13
  Yeah, it was the affordable one, right?
• 1:20:15
  It had the same layout.
• 1:20:16
  V eight powered instead of V 12 Powered.
• 1:20:19
  Same.
• 1:20:19
  Look and feel.
• 1:20:19
  Obviously the T. The later five 12 looks like a 3 48.
• 1:20:23
  They kind of copied that front end.
• 1:20:25
  I really like these.
• 1:20:26
  I actually think it wears yellow pretty well.
• 1:20:28
  So I feel like a hypocrite saying that, but you know, 'cause you
• 1:20:31
  know how I feel about yellow.
• 1:20:32
  But we won't hold that against you, Eric, the MO press.
• 1:20:35
  It's fine.
• 1:20:36
  The mojo press at the time didn't rate them.
• 1:20:39
  I mean, I'm not sure if I really believe what the Moin press say, but that's
• 1:20:44
  what I remember in period, that they weren't as sharp as they might have been.
• 1:20:48
  And it wasn't until the 3 5 5 came along that they really became great cars drive.
• 1:20:53
  What disillusioned me with the 3 5 5 was that F1 training with
• 1:20:58
  that little joystick thing.
• 1:20:59
  And I was like, you got rid of the gated shifter.
• 1:21:01
  So immediately I was sort of turned off even as a young enthusiast,
• 1:21:05
  I was like, that should have a stick shift that shouldn't have
• 1:21:07
  this weird flappy paddle thing.
• 1:21:09
  And, and, and actually I feel as though, and maybe it's true to, to engineering
• 1:21:13
  chronology Ferrari was the first to really start introducing the flappy
• 1:21:17
  paddle gearbox into production cards.
• 1:21:19
  Yes they were.
• 1:21:20
  Because it was, they, because when you were buying a Ferrari, you were
• 1:21:23
  wanting to get Formula One technology and the whole flappy paddle gearbox
• 1:21:28
  is like a double win, isn't it?
• 1:21:29
  I mean, I live in California and they say the best way to make sure
• 1:21:33
  you don't get your car stolen in California is driver stick ship.
• 1:21:36
  Nobody can drive stick anymore.
• 1:21:40
  I have to say, you know, I, I know Ferrari is known probably primarily for
• 1:21:45
  its classic Enzo era, V 12 cars, but bless them for bifurcating into the mid
• 1:21:52
  engine V eight line and the heritage that they've had since the seventies with that
• 1:21:57
  and continuing in the V 12 tradition.
• 1:22:00
  Hi, I, I gotta interrupt you Dave.
• 1:22:02
  Coming up is William's car?
• 1:22:04
  Yeah, we're gonna see him playing a bid on this 400 high work in progress.
• 1:22:11
  So this foot, the four hundreds are unloved, aren't they?
• 1:22:14
  This is a V 12.
• 1:22:17
  You can get five speed ones V 12 Ferrari.
• 1:22:20
  For what, under $50,000?
• 1:22:23
  You can get air condition for four.
• 1:22:26
  I would not buy one in front of 50,000 because that means it's gonna lead another
• 1:22:30
  about $50,000 worth of work mechanically.
• 1:22:34
  So a sweet spot would be about 80 to a hundred.
• 1:22:37
  'cause then, you know it's been gone through the whole
• 1:22:38
  nine yard service records.
• 1:22:40
  You can jive it for about three weeks, then you have to put
• 1:22:42
  another 20 grand for mechanical.
• 1:22:45
  They have the best reliability.
• 1:22:47
  But I mean, just smooth.
• 1:22:49
  I mean that's just a grand tour right there.
• 1:22:51
  Yeah.
• 1:22:52
  I just love it.
• 1:22:52
  PE people don't like the three box shape.
• 1:22:55
  And I, I personally, I think these are really good looking cars.
• 1:22:58
  I like the Daytona nose and I like the three box shape.
• 1:23:01
  And I like the fact that there is room in the backseat because
• 1:23:05
  at least that way it is easier to use a car that has a backseat, a
• 1:23:09
  two seat car, you tend not to use.
• 1:23:12
  'cause there's no room.
• 1:23:13
  I just love the crisp styling.
• 1:23:14
  The, the body.
• 1:23:15
  Look at it's already, uh, the ask is a hundred thousand
• 1:23:17
  priced out right on the gate.
• 1:23:20
  There's still, there's still hope, there's still time.
• 1:23:22
  So William, was it the 400 or the four 12?
• 1:23:25
  That was in Rain Man.
• 1:23:26
  400 I believe for the movie nerds out there.
• 1:23:30
  You know, one of these cars was a celebrity for 15 minutes.
• 1:23:33
  Yeah.
• 1:23:33
  Was that the beginning when they were in the import building?
• 1:23:37
  You had those, that's what you drove them around in.
• 1:23:39
  Oh, that's right.
• 1:23:40
  Wait, he's counting as jelly beans.
• 1:23:42
  I haven't seen that movie in 30 years.
• 1:23:46
  Alright, here we have that five 12 MI love it or hate it with these headlights.
• 1:23:51
  What do you think, John?
• 1:23:51
  What do you think?
• 1:23:52
  You're the design guy.
• 1:23:53
  I am not a big fan of, of these particular headlights.
• 1:23:58
  I don't like it when on cows like Mazda RX sevens, like FDRX sevens, they change
• 1:24:04
  the popup lights to being behind the plexi or they go the sleepy eye lights.
• 1:24:08
  The, I'm just not a fan of that.
• 1:24:11
  I feel like I like the tester also having the popup lights.
• 1:24:14
  This isn't a disaster for me, but I, I prefer that that
• 1:24:17
  straight, whole contr my friend.
• 1:24:19
  I would not throw that this car outta my.
• 1:24:20
  Rush fried crackers.
• 1:24:21
  I'll tell you that much.
• 1:24:22
  Okay.
• 1:24:22
  But I will say in the defense of this design idea, yeah, the F 40 LM looks
• 1:24:29
  good with this style of headlight.
• 1:24:32
  It just, I don't know, there's something about the shape of the
• 1:24:34
  five 12 that it doesn't wear it well.
• 1:24:36
  Yeah.
• 1:24:36
  I'll tell you what though.
• 1:24:37
  Those wheels are awesome with the curved spokes.
• 1:24:41
  That is just incredible.
• 1:24:42
  The classic Ferrari five spoke with a bit of a curve on it, love it.
• 1:24:46
  But they feel like an answer to Porsche's turbo twist.
• 1:24:50
  That's what that wheel looks like to me.
• 1:24:51
  And actually because, well now you've said that they spoil is spoiling for me.
• 1:24:55
  You're welcome.
• 1:24:55
  Now I can unsee it, but you can't, what's also, if you
• 1:24:58
  notice it's an optical illusion.
• 1:25:01
  The wheel is probably 17 inches, maybe 18 inches.
• 1:25:04
  But because of the rivets, to make it look multi-piece, the wheel still sort of looks
• 1:25:08
  like a 15 inch five star off of a 3 0 8.
• 1:25:12
  And with its really high offset being outboard of the car,
• 1:25:16
  it looks a little strange.
• 1:25:17
  I would want something like a deep lipped fixie type of wheel.
• 1:25:21
  You know, I know that's very German, but I think it would just look better.
• 1:25:24
  It would also maybe make the headlights look better.
• 1:25:27
  Now, we've not talked about the bachman's relationship with the Ferrari
• 1:25:32
  special order programs, have we?
• 1:25:34
  But this car's very illustrative of these special order kind of programs
• 1:25:41
  that Ferrari did and the way that the Backmans worked with Ferrari
• 1:25:47
  and had a special relationship with Ferrari to have the cars customized
• 1:25:51
  and exactly the way that they wanted.
• 1:25:53
  So this guy yellow over yellow wheels with blue accents, but
• 1:26:00
  then there is blue, I wanna say pinstriping, is that what we call it,
• 1:26:04
  around interiors and, and strikes?
• 1:26:07
  You know, it's, it's what we might say in England, it's, it's a Marmite color.
• 1:26:10
  You either love it or hate it.
• 1:26:13
  Is this color combination though the frontal treatment with the
• 1:26:16
  blue cross the nose and then up the, the longitudinal stripe?
• 1:26:20
  Is that a nod to Belgian racing blue, like Jacque Swats team?
• 1:26:26
  Iie Beic and possibly, um, like the original GTO there, isn't there one that
• 1:26:32
  had a blue nose treatment like that?
• 1:26:35
  I'm not sure about about that, but I, I think you may be right, because
• 1:26:39
  looking at this car yesterday, I found myself thinking, you know, I,
• 1:26:42
  I'm not a fan of the color combo, but that stripe, I've never seen a stripe
• 1:26:46
  where the color is on the air dam and on the nose of the car, and then it
• 1:26:51
  goes to the stripe up over the top.
• 1:26:52
  It looks to me like a Tour de France livery or, or a, a 62 to 64 GTO.
• 1:26:59
  But I could be wrong.
• 1:27:01
  It just seems to me like Akii, uh, Frans, I think is what the
• 1:27:04
  name of s SWAT's, uh, team was.
• 1:27:06
  I'm wondering if that might be the inspiration.
• 1:27:08
  Somewhat.
• 1:27:10
  It's unique car, unique treatment.
• 1:27:15
  Well, judging by the $3 million that we're at, at the moment, the unusual color
• 1:27:19
  accommodation has not put off becomes Florida bidders, and it's different.
• 1:27:24
  You'll certainly not be the, uh, the same as anybody else at a concor or an event.
• 1:27:31
  You know what I like about this?
• 1:27:33
  The Bachman's had a passion for Ferrari.
• 1:27:36
  They truly did.
• 1:27:37
  And, and, and also the hobby of showing at events.
• 1:27:41
  But to be able to go and spec out a brand new Ferrari the way you want
• 1:27:47
  it to fulfill your vision with the factory in collaboration, to me, one
• 1:27:53
  European delivery in one lifetime of any car would be a thrill.
• 1:27:58
  And they did this several times, had cars built to their spec
• 1:28:02
  by buying one of those cars.
• 1:28:04
  You are becoming part of that legacy, which is a really awesome thing.
• 1:28:08
  Absolutely.
• 1:28:08
  Right from the beginning.
• 1:28:10
  You've got that right Dave.
• 1:28:12
  I mean, I'm with you.
• 1:28:13
  Granted, the, the car that's next in line is a contradiction because
• 1:28:17
  it's a different color combination.
• 1:28:18
  Right?
• 1:28:18
  We're going with a yellow with a. Lime green accent over this yellow and blue.
• 1:28:23
  And when I was sort of thinking about it at first, I'm with John
• 1:28:26
  in the sense that maybe it's not my cup of Earl Gray, but maybe there's
• 1:28:31
  some cultural significance there.
• 1:28:32
  Maybe it's the colors of one of the, the football clubs, or maybe it's part
• 1:28:36
  of the logos of one of the polio horses of Sienna or something like that.
• 1:28:40
  Like we'd have to dig in a little bit more to the Bachman story to
• 1:28:44
  understand why they chose these colors.
• 1:28:47
  And unfortunately maybe over time, much like the Bianca Spial that we're
• 1:28:51
  going to see later this afternoon.
• 1:28:53
  It's one of those we may never know.
• 1:28:55
  And sadly, and the thing is they obviously, the Bachman's chose
• 1:28:59
  these combinations and these options purposefully with intention.
• 1:29:03
  And I'd love to know the significance of these colors and, and maybe it's
• 1:29:07
  a conversation with somebody at the factory to really nail it down.
• 1:29:11
  And I would be open to that at any time.
• 1:29:16
  And that's what makes Ferrari ownership and Ferrari culture so fascinating.
• 1:29:22
  There's so many unanswered questions in a lot of respects that really
• 1:29:26
  somebody knows the answer to
• 1:29:41
  this one compared to the blue and yellow one, for me is a challenge to want to have
• 1:29:49
  in my collection as I use the reference.
• 1:29:52
  Maybe it's a little too hot Wheels it, it's maybe beyond that.
• 1:29:55
  It feels like a basketball sneaker.
• 1:30:00
  That's funny.
• 1:30:01
  Yeah.
• 1:30:01
  Well you know what, this car is a product of its era too, and that's certainly when
• 1:30:07
  things like basketball culture, sneakers, they became kind of couture items.
• 1:30:12
  And when you're in that league where you're ordering and personalizing a
• 1:30:16
  Ferrari with the factory's personalization department to make a one of one.
• 1:30:20
  A spoke car again, there's gotta be some kind of a cultural significance,
• 1:30:25
  personal connection, something.
• 1:30:28
  This car is already, they're at a $4 million.
• 1:30:31
  Ask again, these cars are all home runs out of the park.
• 1:30:37
  I believe this one is again, part of the magic.
• 1:30:41
  They, they really are looking.
• 1:30:42
  Yesterday I looked at these two cars and I thought, just for the sake of
• 1:30:46
  the backmans, I hope these cars bring more than they would if they were just
• 1:30:51
  standard colors and standard whatever.
• 1:30:54
  But because it does kind of hurt the eyes a little bit, you know, the yellow
• 1:30:58
  and the green there again, clearly the Florida audience is lapping up the rarity.
• 1:31:04
  Absolutely.
• 1:31:06
  Absolutely.
• 1:31:09
  So let me put you in the mind of factory worker, Giovanni Ti of
• 1:31:15
  donuts that put this thing together.
• 1:31:18
  That's Johnny bag of donuts.
• 1:31:20
  The American listeners out there that was putting this together, John, what
• 1:31:23
  do you think he was thinking when he was stitching together this green interior?
• 1:31:28
  Bloody, the Americans would buy anything.
• 1:31:32
  Well, isn't that, isn't that the funny part of Ferrari history?
• 1:31:35
  Right.
• 1:31:35
  If they couldn't sell it, take 'em to California.
• 1:31:37
  'cause the Californians will buy anything.
• 1:31:39
  Right?
• 1:31:39
  Well that's what they used to say when I worked at the Black Haw Black Hawk Museum
• 1:31:43
  in, in Danville in northern California.
• 1:31:44
  We had a, uh, salmon over gray Ferrari 3 7 5.
• 1:31:49
  And I used to look at it and think it was the ugliest thing.
• 1:31:51
  Then I learned about the 3 7 5 mojo and then suddenly I began to
• 1:31:55
  think, oh, this is really cool.
• 1:31:57
  It looks like the love child of a 57 Chevy and a proper Ferrari.
• 1:32:02
  But you know, it's like, it's a real proper Ferrari.
• 1:32:06
  Yankee Netti apparently set about that car when it wouldn't sell on the East Coast.
• 1:32:10
  You know, just put it out to California.
• 1:32:12
  They'll buy anything out there.
• 1:32:15
  Well, somebody just bought this erta for four and a half million dollars.
• 1:32:20
  Can you.
• 1:32:22
  I'm gonna get my sneakers on.
• 1:32:24
  I'd love to tour this.
• 1:32:30
  Well now we'll see how the BBI, uh, Ferrari five 12 BBI
• 1:32:34
  performs against the 365, uh, bb.
• 1:32:37
  Phil and Martha were clearly real lovers of the bb Yeah.
• 1:32:42
  Having what shape the aesthetic.
• 1:32:44
  Yeah, absolutely.
• 1:32:46
  Now, as I understand it, they were large car dealers.
• 1:32:50
  Did they have, uh, a Ferrari dealership under their wing too?
• 1:32:54
  Would you know?
• 1:32:54
  I don't think so.
• 1:32:56
  Hi.
• 1:32:57
  Behind this.
• 1:32:57
  Okay, good, reliable cars.
• 1:33:01
  And, um, so every CRX owner in the middle America contributed to this
• 1:33:06
  collection at some point in their life.
• 1:33:10
  Eric, you were asking about styling differences between the
• 1:33:12
  3, 6, 5 and the five twelves.
• 1:33:15
  One fairly distinctive difference, which I should have mentioned earlier,
• 1:33:19
  is the early cars have six taillights.
• 1:33:22
  The later ones only have four.
• 1:33:25
  So this BB has four.
• 1:33:27
  That yellow 3 6 5 has six.
• 1:33:30
  So the function was just kind of Tom, Don other.
• 1:33:34
  And the other thing is, those orange reflectors are those lights, fog lights.
• 1:33:41
  The, the flip up headlights are behind them.
• 1:33:44
  Yeah.
• 1:33:44
  So those are running lights, the orange up front turn signal, they're turn signals.
• 1:33:52
  Could you imagine seeing something this coming?
• 1:33:55
  The other, you know, in the other lane, uh, in oncoming traffic, uh,
• 1:33:58
  when you're tooling around somewhere,
• 1:34:03
  that would be a memorable event sold at 550,000.
• 1:34:08
  So in Ferrari speak, of course, GTB Grand Touring Berlinetta, the hard
• 1:34:14
  top GTS is the target model with the, uh, removable roof panel here.
• 1:34:21
  Is for spider indeed
• 1:34:26
  early 3 0 8 Carre.
• 1:34:28
  These later ones fuel injected.
• 1:34:32
  That's where the eye comes into play.
• 1:34:34
  Eye for injected.
• 1:34:40
  I cannot believe the breadth and depth and scope of this collection, and
• 1:34:46
  I'm not trying to chill for anybody.
• 1:34:48
  This is, this is thrilling.
• 1:34:50
  We've got 1, 2, 3, 3 more pages of Boman cars.
• 1:34:58
  This is fabulous.
• 1:35:00
  Again, I just love sort of the modern thrust of this collection.
• 1:35:05
  They do pay tribute to some of the classics, but this is really
• 1:35:08
  unique, in my opinion, for a single family Ferrari collection.
• 1:35:12
  Well, and isn't it striking how the cars that have underperformed and there
• 1:35:16
  are a couple that look like they have underperformed, have all been offset
• 1:35:21
  by that crazy price for the Enzo?
• 1:35:24
  It's interesting.
• 1:35:24
  I, I don't know if it breaks down to the logic of the run
• 1:35:28
  order or is it the car itself?
• 1:35:31
  There's more questions than answers.
• 1:35:32
  When to, to your question, John.
• 1:35:34
  Now we lean into another beautiful shape.
• 1:35:36
  We're talking Dino 2 46 is here.
• 1:35:38
  The Ferrari, that isn't a Ferrari but is a Ferrari.
• 1:35:41
  Right?
• 1:35:41
  Because it doesn't carry a Ferrari badge.
• 1:35:43
  It carries a Dino badge and it's in commemoration of his dear departed Sun.
• 1:35:48
  And always impressed with how gorgeous these cars are and the precursor to the 3
• 1:35:53
  0 8, and it's really the genesis of this.
• 1:35:55
  Yeah, I know.
• 1:35:56
  My understanding was, was that Dino as an engineering student, was in, involved
• 1:36:01
  in designing the V six motor that went into the late fifties Formula One cars,
• 1:36:08
  and it was a derivation of that motor that went into this car, the Dino, and
• 1:36:13
  since it wasn't a fourth B12 Ferrari, Ferrari thought he would name the car
• 1:36:17
  after his son, hence the the Dino badging.
• 1:36:20
  Of course, nobody knew what a dino was.
• 1:36:22
  There was a bit of a challenge in the showroom.
• 1:36:24
  So in short order, they ditched the Dino badging and just put a straight
• 1:36:29
  prancing horse on the, on the road.
• 1:36:31
  That legacy is so poignant, but I like the idea that they called it Dino and tribute
• 1:36:37
  because it's, it's kind of like, it, it lends to my mind more exclusivity, even
• 1:36:42
  though it was an important production model, 1,274 maiden, all of the 2 46.
• 1:36:48
  But it's like Cher, you know, or, uh, prince or why not Liberace?
• 1:36:55
  It's a singular given name and I, I really, I really kinda like that legacy.
• 1:37:01
  We're at 825,000 for the ask on the Dino.
• 1:37:05
  Fabulous.
• 1:37:07
  Now, the, there are various versions of these Dinos aren't there?
• 1:37:11
  The early ones are two oh sixes.
• 1:37:14
  And although the performance is less, they are considered more desirable,
• 1:37:18
  I think, and certainly more valuable because of the rarity later models
• 1:37:22
  that they called the big chair models.
• 1:37:24
  I think specifically for the US market, where the, the early cars
• 1:37:28
  were, where they narrower body on them, and I think the later ones had
• 1:37:32
  bigger seats in a slightly wider body to accommodate your bigger American.
• 1:37:36
  So was this a p Farina design or was this one of the other folks at Ferrari
• 1:37:43
  that came up with this body shape?
• 1:37:44
  Because the reason I ask is it has that sort of bini feel.
• 1:37:49
  It also reminds me of a Porsche 9 0 4, which is around the same time period, but
• 1:37:55
  obviously the 3 0 8 was body p farina.
• 1:37:58
  So I'm guessing this is two because it's an evolution, right?
• 1:38:02
  Yeah, I, I, I'd have to check, but I think this is a p and farina style car.
• 1:38:06
  I, I think at this time far, I was still not building the cars in house.
• 1:38:11
  Um, and I'm not sure in the fifties it was Scte.
• 1:38:15
  Scte would often build the cars that were styled by somebody else.
• 1:38:19
  Scte was the.
• 1:38:21
  The builder, the Dino never saw any sort of, let's say, racing victories, not
• 1:38:26
  officially from the factory, but that motor lived onto victory in the large
• 1:38:31
  RAOs in the WRC base in that motor won.
• 1:38:34
  The last was, was in the car, was the last front engine car
• 1:38:38
  to win a Formula one grand pri.
• 1:38:40
  It really is a significant engine and if you think about it, it's a V six and
• 1:38:44
  that racing engine was developed just shortly after Launchy invented the V six.
• 1:38:51
  So now we're looking at a F 12 TDF.
• 1:38:53
  I know William likes these quite a bit.
• 1:38:55
  Well, in that TDF thing, it speaks to Ferrari naming cars for
• 1:39:00
  races that they participated in.
• 1:39:02
  This is a road rally around France and TDF is two to fourth.
• 1:39:07
  Uh, it's another car that also reminds me of a viper in that
• 1:39:11
  shape, and I wrong about that.
• 1:39:14
  I also see C seven Corvette in it a little bit.
• 1:39:16
  Yeah, it's very much so, but it works.
• 1:39:18
  I mean, I, I have no, no shade on it.
• 1:39:20
  Yeah.
• 1:39:21
  For, for me, this is one of the best looking modern Ferrari.
• 1:39:25
  I would agree with you that I love the, I love the cuts in the rear fender that
• 1:39:29
  make you think of the cuts in the fender behind the front wheel of an F 40.
• 1:39:35
  I'll just add, too bad it's yellow.
• 1:39:41
  You know what, it's all in the eye of the beholder.
• 1:39:44
  I actually think this guy looks pretty good in yellow.
• 1:39:47
  I think like, like a Corvette.
• 1:39:49
  It wears it.
• 1:39:49
  Well, yes.
• 1:39:52
  Now I will say it's hard to visualize it on the TV because it's doing this
• 1:39:57
  interesting reflection, but I would say it's a little bit more gold
• 1:40:00
  than just a straight fly yellow.
• 1:40:02
  It looks like it has some metallic in it.
• 1:40:04
  It would almost a satin finish.
• 1:40:06
  Yeah, it does have a sort of satiny like magnolia kind of color to it, doesn't it?
• 1:40:11
  I, I like it.
• 1:40:12
  And maybe because it's not the regular yellow, it's gluten spicy
• 1:40:17
  brown versus frenches yellow mustard.
• 1:40:24
  It's more Dee, isn't it?
• 1:40:28
  Mm. You're making me hungry.
• 1:40:32
  Where's the guy with the beer and the hot dogs?
• 1:40:34
  Yeah, that's what we need.
• 1:40:37
  It'd be appropriate.
• 1:40:38
  Actually, you know what?
• 1:40:38
  It would work inside the stadium.
• 1:40:40
  Do you remember that James Bond movie where the, the bond girl is named Zena
• 1:40:45
  on a Top and there's that wonderful scene where Bond and her are racing down into
• 1:40:51
  Monaco on the winding road into Monaco.
• 1:40:54
  And of course the car Zena on a top is driving is a Ferrari 3 5, 5 convertible
• 1:41:01
  just like we have crossing the block.
• 1:41:02
  Now hers is red.
• 1:41:03
  This is a Batman cars.
• 1:41:04
  Of course it's yellow.
• 1:41:05
  I'm more of a hard top guy than an open top guy.
• 1:41:08
  I agree with you.
• 1:41:09
  I agree with you.
• 1:41:10
  But this is a great looking car.
• 1:41:11
  Yeah, it is.
• 1:41:12
  It is.
• 1:41:14
  You know it's funny you went to that James Bond movie with the car
• 1:41:17
  chase scene headed down into Monaco.
• 1:41:19
  'cause I thought you were actually gonna talk about Barbara Carrera as
• 1:41:22
  Fatima Blush driving a Reno R five Turbo being chased by James Bond on
• 1:41:27
  A BMW motorcycle That I remember.
• 1:41:29
  I don't, there's, there's not a BMW motorcycle or a RiNo five turbo on
• 1:41:33
  crossing the block at the moment.
• 1:41:34
  I
• 1:41:39
  I think it's
• 1:41:45
  4 75 fer a Ferrari three five.
• 1:41:50
  Five.
• 1:41:50
  My god.
• 1:41:51
  John, this 360, you and I have talked about quite a bit.
• 1:41:54
  It's another challenge.
• 1:41:56
  Rad.
• 1:41:56
  I don't know the provenance on this one, whether or not the challenge
• 1:41:59
  kid is in a box like the yellow one was, but the color, when was the
• 1:42:03
  last time you saw a green Ferrari?
• 1:42:06
  I, I can't remember the last time I saw it.
• 1:42:07
  It's certainly a British racing green Ferrari and, and surely
• 1:42:11
  there cannot be very many challenge stradas in British racing Green.
• 1:42:16
  Oh, you looks pretty good in it.
• 1:42:17
  I Beautiful.
• 1:42:17
  You still got challenge Strada Stripe, hasn't it?
• 1:42:20
  And this is that.
• 1:42:20
  Green.
• 1:42:21
  I was talking about with the magnum fill in 3 0 8 that they used, the 3 0 8 came
• 1:42:26
  into green like this and it wears it.
• 1:42:28
  Well I, I wish more Ferrari came into color like this, but the
• 1:42:32
  green pairs very well with a tan interior that it has as well.
• 1:42:36
  I think it was absolutely stunning.
• 1:42:40
  I mean, William normally three sixty's clock in at, is it standard 360?
• 1:42:45
  Yeah, just standard 360 or even an, even a regular challenge
• 1:42:47
  Should, where are they coming in at pricewise, your standard 360 Depends.
• 1:42:53
  F1 train or a manual.
• 1:42:55
  If you got F1 trade, depending on miles, low, hundreds factory, six
• 1:42:59
  feet high, hundreds, maybe even low two hundreds depending on mileage.
• 1:43:02
  Everything.
• 1:43:03
  Like they have provenance.
• 1:43:04
  They challenge the dollars though.
• 1:43:06
  They're going through the roof to all a million dollars.
• 1:43:08
  Well this one here is already a record, but it's the color.
• 1:43:13
  But your standard challenge dollars are approaching a million dollars.
• 1:43:17
  Wow.
• 1:43:17
  And two years ago, two years ago, you probably could have got it for
• 1:43:21
  300 grand, if not a little less.
• 1:43:23
  He maybe even a year ago.
• 1:43:25
  Damn.
• 1:43:25
  Kept gone nuts.
• 1:43:26
  And the challenge for rally, other than all the bolt on race car stuff that
• 1:43:30
  they come with, obviously, was there actually a performance difference?
• 1:43:33
  Yes.
• 1:43:34
  Immensely.
• 1:43:35
  'cause it's got definitely tranny.
• 1:43:36
  They rework the ECU.
• 1:43:38
  So your shifts are faster, crisper like that.
• 1:43:41
  It's more solid.
• 1:43:42
  There's not so much chassis flex.
• 1:43:45
  That's basically the pinnacle of, of the 360 production.
• 1:43:48
  That's how they all should have been built.
• 1:43:49
  That thing is phenomenal.
• 1:43:51
  You talked about chassis stiffness, all that, that comes from the fact
• 1:43:53
  of having the roll cage and all that.
• 1:43:55
  But if you have, let's say like the yellow challenge tri that they had
• 1:43:59
  earlier that didn't have that, you basically just have a 360 with a chip.
• 1:44:03
  Nah, I mean suspension everyth like that.
• 1:44:06
  I mean there's more tweaks for the motor than just to, but wouldn't
• 1:44:09
  the suspension be in the boxes?
• 1:44:10
  'cause you have to convert it over, right?
• 1:44:12
  I mean, if you wanted to, yeah,
• 1:44:15
  you could technically, but by the time you purchased that.
• 1:44:21
  Everyth and did it all so that much as buy a real one.
• 1:44:24
  Yeah, I mean the big thing that people do though is on Standard 360 is they'll
• 1:44:28
  buy the challenge front and rear grills.
• 1:44:31
  So they'll put the front end on it and the rear end on it, and then they buy
• 1:44:34
  the wheels for it and then they fiddle with the suspension and drop it to
• 1:44:37
  make it look like it's challenge stroll because it looks beautiful like that.
• 1:44:40
  So that's what a lot of people do it out in the market.
• 1:44:43
  You'll see that because everyone will market it or you'll be able to see it.
• 1:44:47
  Clearly it's got a challenge, front grill and rear grill and everything on it
• 1:44:51
  because it just finishes off really nice.
• 1:44:55
  We are back in the swing of grand touring cars.
• 1:44:58
  We've got a 5 75 Super America, this is like, they drove this
• 1:45:01
  from quite a bit, 1700 miles.
• 1:45:04
  Oh wow.
• 1:45:06
  I mean, when you have 46 cars, you gotta spread the love a little.
• 1:45:09
  You gotta drive all of them at least every once in a while, right?
• 1:45:11
  Yeah.
• 1:45:13
  Well, I was gonna say is if you have a larger number of vehicles,
• 1:45:16
  it's actually hard to put a decent number of miles onto vehicle.
• 1:45:20
  If, if, if the Backmans used their cars, they drove to and from a couple of
• 1:45:25
  show events that might justify the two, 300 miles that they put on the cars.
• 1:45:30
  They went to a show, they came back again.
• 1:45:32
  That was it.
• 1:45:32
  They only did one show with that car, three shows with that car.
• 1:45:36
  And that's why it has, maybe they took it to a show and you know, went out to
• 1:45:39
  dinner in a couple of times and you, if you 40 cars, if you use one car every
• 1:45:44
  weekend for a year, you know, you've got enough cars to last you a whole year.
• 1:45:49
  If I, I've not explained myself pretty well there, but I think you
• 1:45:51
  understand what I'm talking about, these British math skills, you know,
• 1:45:58
  we're using the metric system today, John.
• 1:46:01
  Yeah, yeah.
• 1:46:01
  No, Pam Shillings and Pence here.
• 1:46:05
  Respect, I mean, I've gotta deal with that myself.
• 1:46:08
  A lot of conversions for our Canadian contingent over here.
• 1:46:11
  Yeah, absolutely.
• 1:46:13
  So a brown dino.
• 1:46:15
  Now, now we all know about the, uh, that green dino that was
• 1:46:19
  buried in the garden in LA for.
• 1:46:20
  All those years, there's a lot of value in the rare colored Ferrari, right?
• 1:46:25
  Is that that brown?
• 1:46:26
  Would you consider that brown?
• 1:46:28
  You have to have a creative name for it.
• 1:46:30
  Maroni.
• 1:46:31
  Is it, did I pronounce it properly?
• 1:46:33
  But you know, mar is actually chestnut, like, ah, interesting.
• 1:46:37
  I did not know Maroni.
• 1:46:38
  It's like does, yeah.
• 1:46:39
  So like the husk of a chestnut.
• 1:46:41
  Yeah.
• 1:46:42
  It's interesting and different.
• 1:46:44
  And I'm liking it.
• 1:46:46
  It's metallic too.
• 1:46:47
  It's very interesting.
• 1:46:48
  But now it's, it's brown was really period appropriate in the early seventies.
• 1:46:53
  A lot of cars came.
• 1:46:54
  Shades of brown and earth tones.
• 1:46:56
  We'll call them that.
• 1:46:57
  It's got a very just sort of, I don't know, dignified, elegant look to it.
• 1:47:02
  It does.
• 1:47:02
  Ken.
• 1:47:03
  I, I would not have put this, uh, if you'd have asked me before, if I hadn't
• 1:47:06
  have looked at, you know, hacker's price guide or whatever, I'd have suspected
• 1:47:11
  that, uh, Dino was worth half a million.
• 1:47:14
  And here we are.
• 1:47:15
  Well on the way to three quarters of a million for this one.
• 1:47:18
  Well, during the last financial crisis in 2009, I remember the finest Dino
• 1:47:23
  available on the market at auction.
• 1:47:25
  At a high end auction.
• 1:47:26
  175 to 190.
• 1:47:28
  That's it.
• 1:47:29
  That was all the money I used to, I did a job one time selling area
• 1:47:34
  or photographs, door to door.
• 1:47:36
  I door knocked one house, got talking with the guy.
• 1:47:40
  He had a dino in the garage.
• 1:47:42
  We got it out.
• 1:47:42
  We sat in it.
• 1:47:43
  We had a little look at it.
• 1:47:44
  I didn't sell him an hour or a photograph.
• 1:47:46
  I did look at his Dino.
• 1:47:47
  He had paid 43,000 pounds for it.
• 1:47:50
  Now that's the mid nineties, but, oh, that's, is that most expensive
• 1:47:54
  Dino that you were talking about?
• 1:47:55
  Is that the one that Cher owned?
• 1:47:57
  Not that I'm aware of, no.
• 1:47:59
  Oh, I heard hers was worth more because her butt cheeks
• 1:48:01
  were in the seat, you know,
• 1:48:05
  to throw back.
• 1:48:06
  That's a good one.
• 1:48:06
  Our drive through episodes here.
• 1:48:07
  Oh, that's funny.
• 1:48:08
  Here comes the most gorgeous car.
• 1:48:10
  The whole lot.
• 1:48:13
  You know, if it wasn't manual then okay, you might be able to tolerate it,
• 1:48:17
  but I don't understand this kind of.
• 1:48:21
  Icing on top of the cake thinking the bachmans were colorblind.
• 1:48:23
  Well, it kind of looks like icing on top of chocolate cake.
• 1:48:26
  I mean it's, yeah.
• 1:48:27
  Or like a cinnamon roll.
• 1:48:29
  I mean, I'm trying to put a positive spin on this thing.
• 1:48:31
  It's breakfast food.
• 1:48:33
  I mean that's, yeah, this is gonna be a longer hate.
• 1:48:35
  I mean, I believe the colors though, where the product of the fact that it was a
• 1:48:39
  Asante, so one of 60 examples and there was something to do with the celebrations
• 1:48:45
  of Ferrari's 60th anniversary.
• 1:48:48
  And I think that was sort of the root of the, of the color
• 1:48:51
  combination, if I'm not mistaken.
• 1:48:54
  Can we call it cappuccino?
• 1:48:56
  I like it.
• 1:48:57
  Cappuccino's delicious, right, Ryan?
• 1:48:58
  Yeah.
• 1:48:58
  Yeah.
• 1:48:59
  So it's got, you got the coffee and then you got the foam on top.
• 1:49:01
  You know what, I think I would, daily this is, it, is it more appealing now that
• 1:49:05
  I've framed it that way, if anything with caffeine, uh, that makes it work for me?
• 1:49:14
  Well, we're already at 400 and thousand, uh, 4 25 is the ask.
• 1:49:19
  So we'll need to keep track of which YouTube influencer bought this car.
• 1:49:28
  Well, the, the buyer can be assured that there's no other example
• 1:49:31
  like this one of 66 12 scte ante, if I pronounce that properly.
• 1:49:37
  I just wanna confirm for the sheer sake of science, brown is not a
• 1:49:42
  color men or colorblind to Right.
• 1:49:44
  It's blues and things.
• 1:49:48
  You could be Right.
• 1:49:51
  So this was a conscious decision.
• 1:49:54
  Yep.
• 1:49:54
  It's uh, it was border named by the Blands.
• 1:49:58
  So if you want exclusivity, there's no other one of the 60 that are like this.
• 1:50:07
  I'm thinking this kind of look reminds me of a, of a mid seventies Barcelona
• 1:50:12
  edition, EMC Matador, and I liked it.
• 1:50:16
  Oh, wow.
• 1:50:16
  I liked it too.
• 1:50:17
  You went there?
• 1:50:18
  Oh yeah.
• 1:50:18
  I had to go there.
• 1:50:20
  Much fun.
• 1:50:21
  Though, can we put the not sure stripe of vinyl on it.
• 1:50:24
  I'm not sure if the Batmans would appreciate the a MC comparison.
• 1:50:27
  Exactly.
• 1:50:28
  We do though.
• 1:50:29
  I, I very much appreciate that.
• 1:50:31
  That is a reach.
• 1:50:31
  I think the products of Kenosha, Wisconsin are criminally, criminally unrecognized.
• 1:50:39
  And by the way, I dig the gremlin.
• 1:50:41
  Oh, I'm not afraid to say it.
• 1:50:42
  You know, if you really wanted to go full lampoon this thing, you could turn
• 1:50:48
  the bottom part into a wood paneling.
• 1:50:51
  Oh, the whole rule.
• 1:50:52
  4, 6 5. That would be cool.
• 1:50:53
  That wood rule.
• 1:50:54
  That would be really cool.
• 1:50:55
  It did, but then you'd be joking aside, you would be hurt in the backmans
• 1:51:00
  provenance to do that, would you?
• 1:51:01
  When well painted faux wood green paneling
• 1:51:06
  a car I knew 20 years ago is back.
• 1:51:09
  It's a 96 Chevy Impala wagon Black.
• 1:51:13
  And the, the, the owner's daughter at the time, she put faux wood
• 1:51:17
  grain that terminated in flames on the rear quarter panels.
• 1:51:20
  And it's delicious.
• 1:51:21
  It's back for sale again.
• 1:51:22
  And I want it.
• 1:51:24
  So if you're listening, I'm in the market.
• 1:51:27
  Well, we have yet another 3 0 8 on the block.
• 1:51:31
  Something we haven't seen before.
• 1:51:32
  And again, not so long ago, these were sub hundred thousand dollars cars.
• 1:51:36
  And here we are taking a cruise past 150.
• 1:51:39
  But look, it is a early car.
• 1:51:41
  It's a Backman car, so low miles, easy to understand why the premium's being paid.
• 1:51:48
  There's a dealer down the street from me.
• 1:51:50
  It's, I say a buyer pay here a lot, but sketchy say the least.
• 1:51:54
  But you know, he gets decent stuff.
• 1:51:55
  But you know, you get those like high mileage stuff that it says no credit,
• 1:51:59
  it says no credit checks William.
• 1:51:59
  We get it.
• 1:52:00
  Sorry.
• 1:52:00
  But he gets in his short store showroom, he gets some couple
• 1:52:04
  nice pieces of inventory.
• 1:52:06
  He's had an 84, uh, he's got a black on black 3 0 8 super, like
• 1:52:13
  9,000 miles immaculate, gorgeous.
• 1:52:16
  He's had it for like two plus years now because he's asking 95 grand.
• 1:52:19
  So the guy's not out alone.
• 1:52:20
  Because what you're getting, price your wises, I mean Randy's have better
• 1:52:24
  provenance one owner, stuff like that.
• 1:52:26
  But, but surely really what you're saying is the reason your guy can't sell it for
• 1:52:32
  95 and that one just sold for two 10.
• 1:52:35
  A lot of that is to do with the atmosphere.
• 1:52:37
  Yeah.
• 1:52:38
  And the Buckman thing and the fact that all these cars have come along,
• 1:52:42
  boom, boom, boom, one after another.
• 1:52:44
  Well, here we have a special 1 20 17 Ferrari, LA Ferrari apta.
• 1:52:51
  This is a million dollar car to start with.
• 1:52:54
  What's the premium on the APTA over the closed ones?
• 1:52:57
  Is this the one, are they rare?
• 1:52:59
  Ra 50%.
• 1:53:02
  Wow.
• 1:53:03
  40 50. Yeah.
• 1:53:04
  It's massive.
• 1:53:05
  Now the car that was formerly owned by Sammy Hagar, the cream colored
• 1:53:10
  one at Bear Jackson last year, was that an app Herta, do you know?
• 1:53:15
  Or if that was the coop?
• 1:53:17
  I doubt not.
• 1:53:18
  It'd be interesting to be able to tease out.
• 1:53:21
  Okay.
• 1:53:22
  Coop versus Aita.
• 1:53:23
  Wow.
• 1:53:24
  Starting at 5 million in Oh yeah.
• 1:53:26
  We're way past Sammy's three and a half from last year.
• 1:53:30
  So obviously celebrity provenance doesn't make that big a difference in this market.
• 1:53:35
  So a one of two 10 La Ferrari apta, they're asking for 9 million now.
• 1:53:42
  I was gonna say driving a, uh, Ferrari, LA Ferrari now under Sammy Hager.
• 1:53:47
  I can't drive 55.
• 1:53:49
  Yeah.
• 1:53:51
  Yeah.
• 1:53:51
  You won't be driving 55 in one of these
• 1:53:58
  nine.
• 1:54:00
  Well, we rushed up to nine and then it sat, hasn't it?
• 1:54:03
  It stalled out.
• 1:54:04
  Nine.
• 1:54:06
  Nine.
• 1:54:06
  We popped a clutch early.
• 1:54:07
  That was that, that that Enzo is looking OTT, is it not?
• 1:54:11
  Yeah.
• 1:54:28
  So the open air app, not celebrity provenance, but certainly well
• 1:54:36
  known and respected Ferrari ownership from New by the Bachmans.
• 1:54:42
  It's interesting to see the gap.
• 1:54:44
  Is this new money looking for a home?
• 1:54:47
  Uh, is this market correct?
• 1:54:48
  Are we seeing a new trend?
• 1:54:50
  Yeah, absolutely.
• 1:54:53
  But you can definitely tell the money is flowing to the more modern cars.
• 1:54:57
  Absolutely.
• 1:54:57
  Right.
• 1:54:57
  There seems to be a breaking point at the five fifties and the 3 55 range.
• 1:55:02
  Anything older than that is kind of selling.
• 1:55:04
  Other than the tester Rosas, which seemed to be an anomaly.
• 1:55:07
  Everything else kinda seems to be selling where it should be.
• 1:55:09
  But these are just over the top, as John puts it.
• 1:55:12
  Yeah.
• 1:55:13
  Sort like that one.
• 1:55:14
  Six six.
• 1:55:15
  They should have broken that out and sent that somewhere else.
• 1:55:18
  Yeah.
• 1:55:20
  Oh, well, 10 million.
• 1:55:32
  I can't help but feeling if I worked at Ferrari, certainly if I was in finance
• 1:55:36
  at Ferrari, I would look at these prices that the cars make just a few years.
• 1:55:41
  This is less than 10 years after this car's sold and think, wow, we
• 1:55:44
  undersold those cars a hundred percent.
• 1:55:46
  Our price for selling new was too low in a, in a big component of that.
• 1:55:50
  This is a 2017 model.
• 1:55:52
  And it's very easy to find online how much things have inflated pri
• 1:55:57
  in terms of price and how much money has deflated in a lot of currencies.
• 1:56:02
  I think it's a function of that as well.
• 1:56:04
  And it, it's, I don't wanna be flipping and say it's all relative, but on
• 1:56:08
  the other hand, there's definitely macro issues that have affected the
• 1:56:12
  nominal prices, the numbers that people are willing to bid versus
• 1:56:16
  the true intrinsic value of the car.
• 1:56:19
  But this is a, again, another paradigm shift.
• 1:56:22
  When you look at, again, the Sammy Hagar car, not to keep going harping
• 1:56:25
  on that, I think it was three to 4 million, three and a half, something like
• 1:56:29
  that is what the, the winning bid was.
• 1:56:32
  And you put that against where we are at right now with, uh, with 10 million.
• 1:56:37
  There we go.
• 1:56:38
  Yes.
• 1:56:38
  Even with the Backman provenance, even with the premium for it being an
• 1:56:42
  erta that still makes this car look very highly priced in comparison to
• 1:56:49
  the Hagar car, it's a significant premium, uh, we're seeing here.
• 1:56:55
  I, I would say, I, I think the celebrity provenance thing is interesting.
• 1:56:59
  I mean, there was a Ford Escort that had been owned by Princess
• 1:57:02
  Diana that made a ridiculous price.
• 1:57:05
  I feel like the kind of person who's buying a LA Ferrari is not
• 1:57:09
  the kind of person who would pay a premium for celebrity ownership.
• 1:57:14
  If that celebrity ownership was a rock singer, they might pay a premium if
• 1:57:19
  that was a different kind of celebrity.
• 1:57:21
  But to pay a premium for a rock star owned car, you have to sort of be a rock fan.
• 1:57:27
  And my sense is a lot of the people buying these cars are not those kind of people.
• 1:57:31
  I think you're right.
• 1:57:32
  I think these are people that are making, actually, despite the electric air here,
• 1:57:36
  they're making quite sober decisions on what they're willing to spend.
• 1:57:40
  Do you think it's individuals or do you think it's groups?
• 1:57:45
  Do you think it's an individual bid or do you think it's like a investment group
• 1:57:48
  where three or four of us are gonna own the car together and share it and share.
• 1:57:52
  Highway.
• 1:57:53
  And if it's an investment group, they're very low profile and
• 1:57:56
  under the, under the radar.
• 1:57:58
  I, that's a great question.
• 1:58:00
  I I do know that there's a number of people that have tried to form
• 1:58:03
  limited partnerships or hedge funds or just pools, pools of money.
• 1:58:09
  You know, maybe that's something that's happening now too that could
• 1:58:12
  explain some of these dollars.
• 1:58:14
  I don't think anybody's really being flippant with their bids.
• 1:58:18
  I think that they're actually really, you know, there's la clapping and crowds,
• 1:58:24
  but I think people are actually really digging in and doing their homework.
• 1:58:30
  So it'd be interesting to see the quarter 10 and a quarter
• 1:58:34
  for the, uh, perala Ferrari.
• 1:58:39
  We got another heavy hitter here.
• 1:58:41
  We're going with a La Ferrari coop instead of the erta.
• 1:58:45
  So, interesting contrast between the two.
• 1:58:48
  I've got pricing.
• 1:58:49
  Well you're thinking 50% difference between, you're saying
• 1:58:51
  5 million for this one should between five to six, maybe seven.
• 1:58:55
  'cause of one owner the low miles that then the question is, is
• 1:58:59
  it's got the new battery in it.
• 1:59:00
  Has that been done?
• 1:59:02
  Uh, tell us about the new battery in the old battery.
• 1:59:05
  William.
• 1:59:06
  Better cooling, more, uh, efficient.
• 1:59:09
  You know, longer lasting and, and it, what they just did a new
• 1:59:12
  battery in the production life of the car, or It was a war.
• 1:59:16
  There's like a retrofit thing that you can do that's got a retrofit.
• 1:59:19
  It was done on a warranty so that it didn't cost the owner anything.
• 1:59:22
  Technology jumped so fast after this couple years, five, 10 years, you
• 1:59:27
  know, it was double the life of it.
• 1:59:30
  Everything.
• 1:59:31
  I mean, it just made sense.
• 1:59:32
  So Ferrari actually did the right thing and stepped up and replaced him.
• 1:59:38
  Now William, is that a warranty replacement or is that something
• 1:59:41
  that's at an extra cost for the owner?
• 1:59:43
  No, it was a warranty deal that Ferrari did for him.
• 1:59:45
  Oh, that's, that is stepping up Absolutely.
• 1:59:47
  For the customer that's been like hundred, $200.
• 1:59:50
  Wow.
• 1:59:53
  Probably not a simple procedure to do the change out either.
• 1:59:55
  No.
• 1:59:56
  We were sat at six for a little bit there now, but now it's clicked on to
• 2:00:00
  six and a half, which means we're a good way beyond William's estimate of
• 2:00:05
  uh, you know, the closed card being worth half what the open one is.
• 2:00:10
  It's only 15% over.
• 2:00:11
  It's not that much of a jump.
• 2:00:13
  It's an interesting contrast between the two.
• 2:00:15
  I mean, uh, just in terms of roof style, I would prefer the coop
• 2:00:19
  over the convertible, honestly.
• 2:00:20
  Yeah, I would too.
• 2:00:22
  That would be the world's fastest hairdryer in open form, would it not?
• 2:00:33
  I got six, 6 billion I should say.
• 2:00:37
  This is the last US delivered LaFerrari and this is a feature of the way that
• 2:00:44
  the backmans like to collect as they like to have as late a production car
• 2:00:50
  as they, uh, as they possibly could.
• 2:00:57
  That'll always be a selling feature if we're down the road for somebody.
• 2:01:00
  Ab absolutely provenance and uh, single ownership.
• 2:01:04
  And then here we are, 6.21, 6.1, 6.1
• 2:01:11
  73 365.
• 2:01:16
  William, you have another chance.
• 2:01:17
  There's another work in progress car here for you.
• 2:01:25
  So he should say that the official name of of the Daytona is 3 6 5 GTB
• 2:01:30
  stroke four, the four B and the four cam motor from the 2 7 5 GTB four
• 2:01:37
  Daytona being the Daytona 24 hours.
• 2:01:40
  And, and this being Ferrari's way of, uh, reminding Ford that he could
• 2:01:46
  still win some motor races and, and won the Daytona 24 hours shortly
• 2:01:50
  before this car came into production.
• 2:01:52
  Hence everybody knew it as the Daytona.
• 2:01:56
  That 1, 2, 3 photo finish though, uh, I know obviously it's intentional, but
• 2:02:01
  I'm wondering what Ford thought of that.
• 2:02:03
  Did they just kind of go, oh, whatever, or was that I would, I would love
• 2:02:08
  to have been a fly on the wall at, you know, Henry Ford the second
• 2:02:11
  in the offices in, in Dearborn to see what, what he thought of that.
• 2:02:16
  I wonder if in the early seventies, if Henry Ford was focused on the sport in the
• 2:02:22
  way that he'd been focused on it before.
• 2:02:24
  I feel like with the fuel crisis and all of the general, you know, safety
• 2:02:30
  stuff, the big bumpers, all of that kind of stuff, I feel like Ford probably his
• 2:02:35
  mind wasn't on the total performance as it had been in the sixties.
• 2:02:39
  They were very, very concerned, ready at the top of Ford Motor Company, as I
• 2:02:43
  understand it, when they abruptly pulled the plug on Motorsport in 1970, and then
• 2:02:48
  a little bit trickled out after that.
• 2:02:50
  But I, I think they were really afraid of being sued by, uh, the
• 2:02:54
  Department of Transportation or the federal government at the time.
• 2:02:56
  GM thought in 60, the early sixties that they would be broken up, um, with, uh,
• 2:03:02
  antitrust or, uh, for being too big.
• 2:03:05
  So performance was a linchpin and all that, and, and it put
• 2:03:08
  a target on these manufacturers backs at the time in America.
• 2:03:12
  So, yeah, I think you, you're onto something there.
• 2:03:15
  Now.
• 2:03:15
  I will walk back what I said earlier about not liking the design of the
• 2:03:19
  Daytona, because in race trim, like you're talking about John in the photo
• 2:03:24
  finish and the cars that they took to the mall, they are beautiful as a race car.
• 2:03:28
  They really are.
• 2:03:29
  Something about adding stickers to that body shape does make all the difference,
• 2:03:33
  at least for me, white, it's the white pipe side off on the race cars.
• 2:03:36
  Yes.
• 2:03:36
  A thousand percent.
• 2:03:38
  Yeah.
• 2:03:38
  Yeah.
• 2:03:39
  That it really does, it, it really lends itself well to
• 2:03:42
  like competition preparation.
• 2:03:43
  Absolutely.
• 2:03:46
  And these, it, it, you know, like I said, it, uh, it was,
• 2:03:50
  uh, one came second that the.
• 2:03:52
  79, uh, 24 hours a Daytona long after other competitors, uh, had retired.
• 2:04:01
  Well, for a car that needs a full restoration and probably another
• 2:04:05
  two or $300,000 spending on it, 430 seems a pretty good price.
• 2:04:11
  It does, it does.
• 2:04:12
  This time I saw a car with a primer colored body panel on it sell for more
• 2:04:17
  than a quarter of a million dollars.
• 2:04:18
  Yeah, right.
• 2:04:19
  Well there's definitely value to unlock with this one perfect
• 2:04:22
  candidate for an LS swap.
• 2:04:23
  I mean,
• 2:04:27
  there's a white tester on my mind that I can't forget about that needs an ls.
• 2:04:33
  No, this
• 2:04:39
  scoot 16 m Ooh, this guy makes some big money.
• 2:04:43
  These have been going through the roof too.
• 2:04:47
  So what's so special about the 16 m?
• 2:04:49
  I don't, it's a four 30 scud just in convertible.
• 2:04:54
  So the 16 m is indicative of just being a convertible.
• 2:04:57
  Yeah, but it's already called the Spider Talk to Ferrari.
• 2:05:04
  I forget what the meaning behind the 16 m is.
• 2:05:07
  There's something behind, I can't remember what the heck it is.
• 2:05:11
  It might be the 16 F1 championships.
• 2:05:14
  They had had that possibly.
• 2:05:16
  Oh, maybe So is this, uh, end of the line run out kind of model, William?
• 2:05:24
  Oh yeah.
• 2:05:25
  'cause he had the four three squad that this came after
• 2:05:27
  that kind of as the last rod.
• 2:05:28
  And they're incredible, incredible cars.
• 2:05:32
  Well, surely it's the ref, the, the final iteration of
• 2:05:35
  the 360 4 30 kind of platform.
• 2:05:38
  So if you get the very last one, aren't you getting the very best
• 2:05:41
  one with all the refinements?
• 2:05:43
  Well, you know, you can't really bundle a 360, 4 30 kind together.
• 2:05:45
  'cause the four 30 is such a completely different car than the 360.
• 2:05:49
  But yeah, I mean it's that point you just refined everything like that.
• 2:05:52
  Because look what they came out with.
• 2:05:54
  Then the 4, 5, 8 came out, annihilated everything.
• 2:05:57
  I mean, absolutely brilliant car, you know, V eight natural just
• 2:06:00
  screams, took everything they learned and just created an absolute
• 2:06:06
  masterpiece in the 4, 5, 8, especially when they got to the special out.
• 2:06:10
  In answer to, uh, what our speculation on the model designation, the 16 m
• 2:06:15
  refers to Ferrari's 16 World Grand Prix manufacturers, champions, titles.
• 2:06:20
  Yeah.
• 2:06:20
  Championships to the time, uh, to through two step seven.
• 2:06:24
  So William, you know, John's question was really interesting because it made
• 2:06:28
  me think, does the four 30 share more lineage or more DNA with the 360 or
• 2:06:35
  with the 4, 5 8 that came after it?
• 2:06:39
  It's hard to say.
• 2:06:40
  'cause the 360 4 2 looks so much alike underpinning wise, it probably shares
• 2:06:44
  more to 4, 5, 8, whereas, you know, obviously a static's gonna share more.
• 2:06:48
  360,
• 2:06:51
  to me it's sort of like, it's like the Cayman boxer thing, right?
• 2:06:55
  When they went 9 86, 7 18, this and that and the other thing.
• 2:06:59
  And you're sort of like, you sort of look at them and go, I recognize
• 2:07:02
  that that's the boxer in the Cayman.
• 2:07:04
  But it's those subtle differences in those generations.
• 2:07:09
  This seems mighty strong money.
• 2:07:11
  I may answer 1.8 Mighty strong money for a four 30.
• 2:07:25
  All right, so now we just gotta run to the mill four 30.
• 2:07:28
  Scott.
• 2:07:29
  Same color though.
• 2:07:30
  There's a lot of cars here, isn't it?
• 2:07:33
  I, I wonder if we might do what they do in Italian movie theaters and
• 2:07:37
  have a break in the middle so you can get some ice cream and take a pee.
• 2:07:40
  I mean, it is relentless, isn't it?
• 2:07:43
  And if a motorcycle rode by a Fellini film, it'd be great.
• 2:07:47
  It's definitely an attack of, uh, Ferrari.
• 2:07:49
  It's, it's amazing.
• 2:07:51
  I mean, I will say that.
• 2:07:52
  Crowd has thinned out since after the Enzo crossed the block because you know,
• 2:07:58
  maybe you got a little tired of seeing Ferrari's and Ferrari's and Ferrari's.
• 2:08:02
  I never thought I'd ever hear anybody say, you know, that that could be a
• 2:08:06
  reason you get it is like Ferrari fatigue.
• 2:08:09
  Yeah, it's interesting.
• 2:08:12
  The audience has definitely thinned and it'll be interested to see if this second
• 2:08:17
  F 40 that we have coming up shortly, bing more or less than the previous one.
• 2:08:21
  I, I didn't compare specifications to understand about value, but it is
• 2:08:25
  interesting that there was definitely more of a buzz earlier in the day.
• 2:08:33
  Yeah.
• 2:08:33
  And the bidding has also seemed to have slowed quite a bit.
• 2:08:36
  So whatever money was in the room might have been spent.
• 2:08:40
  You know what I, we've seen a lot of big numbers today, but I think that bidders
• 2:08:44
  are, and their representatives obviously in this space are doing their research.
• 2:08:49
  They're doing their homework.
• 2:08:51
  They are willing to bid what it takes, but I don't think that they're willing
• 2:08:55
  to throw money at the market either.
• 2:08:57
  Right.
• 2:08:58
  This is selective, it's stratified.
• 2:09:01
  This is on a car by car basis as we're seeing the results are
• 2:09:05
  great, but on the other hand it's, it's not something that, I'm just
• 2:09:08
  trying to pick out the trend here.
• 2:09:10
  What I'm seeing is good numbers, strong numbers, we're gonna have to gonna
• 2:09:14
  reflect on the rest of the market.
• 2:09:15
  That's what you are asking.
• 2:09:17
  Well, the fact that these are all supermar, low mile cars that have
• 2:09:22
  awesome provenance and because of the yellow, it's very distinctive.
• 2:09:26
  So that, that's three factors that might really encourage bid to open
• 2:09:31
  the checkbooks a little bit wider.
• 2:09:32
  Totally correct.
• 2:09:33
  Yeah.
• 2:09:33
  No stories, quality cars, single or limited ownership, low miles, they'll
• 2:09:39
  always win the day as a complete amateur to my contemporary sitting here with me.
• 2:09:45
  I also feel like you're saying there's no desperate bidding.
• 2:09:49
  Like I must own a Ferrari from this collection.
• 2:09:52
  Silly money is just being thrown at something to own it.
• 2:09:55
  It seems very deliberate what is being bought.
• 2:09:57
  And that's just my completely unbiased third party opinion here.
• 2:10:00
  You know, kind of viewing what I'm seeing unfold in front of me.
• 2:10:04
  I'm getting a very intentional feeling about how the bidding is shaping
• 2:10:08
  up here and how it's continuing.
• 2:10:09
  Absolutely right.
• 2:10:11
  And you know, there's dozens more Ferrari from this collection, but then
• 2:10:16
  there are pages of it in the catalog, but then we've got more collector
• 2:10:20
  cars and then the Bianco special.
• 2:10:23
  So it's interesting, you know, there's gonna be some crescendos today for sure.
• 2:10:27
  Five today.
• 2:10:32
  I feel like we are trying to really push this car up right now.
• 2:10:37
  Yeah, I think you're right.
• 2:10:39
  This is, I never thought I would see a, I mean I never thought I
• 2:10:43
  would see a million dollar, four 30.
• 2:10:45
  I'm astonished.
• 2:10:46
  Is it 1.3?
• 2:10:49
  Is there a chance, David, that the professionals in the space, you, maybe
• 2:10:55
  some of the critics, maybe some of the, the subject matter experts are gonna
• 2:10:59
  take the results from this and just, I don't wanna say discard them, but
• 2:11:03
  push them to the side as an anomaly?
• 2:11:05
  These might be outlier results.
• 2:11:07
  Absolutely.
• 2:11:08
  And, and I'll have to, when I, when I'm working on reports for motor copia
• 2:11:13
  is when I'm analyzing certain years makes and models, I'm going to have
• 2:11:17
  to be kind of measured as to how much weight I put on the, in these results.
• 2:11:21
  I think they're strong.
• 2:11:22
  I'd love to see, you know, I can't wait to see again with upcoming auctions
• 2:11:25
  whether or not the trend continues.
• 2:11:28
  So we've mentioned it before.
• 2:11:29
  Some of the other place markers for the market are going to be
• 2:11:32
  the actions that follow this.
• 2:11:34
  So where do you think the breaking point is?
• 2:11:37
  Is it going to be Monterey Car Week, where that sort of settles,
• 2:11:40
  if these numbers stick for the year and for maybe next year?
• 2:11:43
  Or is it gonna take something else to really solidify the
• 2:11:47
  numbers that we're seeing?
• 2:11:48
  I think it's gonna be, uh, an auction, uh, sort of week.
• 2:11:52
  I auction week thing, we're gonna have to watch Monterey.
• 2:11:56
  Obviously everybody's watching Amelia Island Scottsdale and
• 2:12:00
  you know, Paris Retro Mobile.
• 2:12:01
  Let's face it.
• 2:12:02
  Let, that's more prevalent here than ever before in North America.
• 2:12:05
  Monterey for sure.
• 2:12:07
  Monterey's gonna show whether this extends and, and endures this trend or not.
• 2:12:11
  That's going to be a big test.
• 2:12:13
  So let's talk a little bit about buyer's etiquette when it comes to these.
• 2:12:17
  I mean, obviously it's anybody's prerogative to do
• 2:12:19
  what they want with their cars.
• 2:12:20
  They could go drive them, they could go track them, they could put 'em
• 2:12:22
  in cold storage if they want to.
• 2:12:24
  But let's say this car shows up at Amelia in a couple of weeks
• 2:12:27
  and they're trying to flip it.
• 2:12:29
  Like, is that frowned upon in the community or does it really matter?
• 2:12:33
  I, I think it is actually.
• 2:12:35
  I think that people can spot a cynical, commercially driven decision
• 2:12:39
  that if it's, um, monetary as, uh, and that quick, I don't think people
• 2:12:44
  appreciate the flippers as much.
• 2:12:46
  I, I, I think there's all kinds of room for arbitrage, buy
• 2:12:50
  low, sell high in this market.
• 2:12:52
  But if it's that quick of a turn of an attempt to turnaround a, I don't
• 2:12:56
  think it'll happen because it a hammer because of consignment, uh, and marketing
• 2:13:01
  deadlines and time windows for auctions.
• 2:13:04
  So if any of these cars do come back to market, I would suspect it, it would
• 2:13:09
  only happen in, uh, Monterey or beyond.
• 2:13:15
  So this four 30 Scot, we were going up in $25,000 increments.
• 2:13:20
  I mean, it really slowed down.
• 2:13:22
  It was like the inside.
• 2:13:23
  There were two people in the room who really wanted it.
• 2:13:25
  Yeah.
• 2:13:26
  So what do you think is a grace period if you bought this car as an investment
• 2:13:30
  car, it's sort of like a first date.
• 2:13:32
  You know, how long do you wait till you call?
• 2:13:34
  So how long do you wait before you try to relist it in the market?
• 2:13:38
  Because obviously these cars are going to be followed.
• 2:13:41
  They're very obvious which collection they came from.
• 2:13:43
  That's right.
• 2:13:44
  That's exactly right.
• 2:13:45
  I think maybe Monterey would probably be an appropriate window to start
• 2:13:50
  attempting to market any of these cars.
• 2:13:52
  The prices here today and the bid interest.
• 2:13:55
  I think you're seeing that there's sufficient interest and sufficient value.
• 2:14:01
  People will try.
• 2:14:02
  I hate it when people do try to sell, resell something so quickly.
• 2:14:08
  It's a tough call.
• 2:14:09
  I'm hoping that enthusiasts and real collectors will pick up these
• 2:14:13
  cars and continue that legacy that the boman started and respect it.
• 2:14:19
  I'm not saying not use your car the way you see fit, but what I'm saying is these
• 2:14:24
  aren't just art to be hung on the wall.
• 2:14:26
  These are machines that were meant to either win races or establish
• 2:14:31
  dominance on the road and I'd like to see them used a little bit.
• 2:14:38
  Well, as we kind of transition here to another heavy hitter, which is gonna
• 2:14:41
  be the second F 40 in the collection, we do have a five 12 bbb, not A BBI,
• 2:14:46
  that just crossed the block at 400,000.
• 2:14:49
  The importance of this car, John, we talked about it yesterday.
• 2:14:51
  This is a Carbureted five 12, which sort of sets it apart from the other
• 2:14:55
  three that are in the collection.
• 2:14:57
  The fuel injected one.
• 2:14:58
  So that's the importance of this car.
• 2:15:01
  I mean, aesthetically it's the same as the other red one.
• 2:15:04
  Yeah, it's a steady evolution and it's more to do with American smog legislation
• 2:15:10
  than it is to do with, you know, basically smog legislation came in and, and Ferrari
• 2:15:17
  introduced modifications to offset that.
• 2:15:20
  So first, the bigger motor from the 3 6 5 model to the five 12 and then fuel
• 2:15:26
  injection to just clean up what was going into the, uh, into the tailpipe.
• 2:15:31
  Of course, for the purist, that carretta raws quite an
• 2:15:35
  important thing for the purist.
• 2:15:37
  The lightness of the 3, 6 5 versus the five 12 is a significant factor.
• 2:15:43
  So as we lean into this second F 40, let me recap for you guys
• 2:15:47
  the last one in the collection.
• 2:15:49
  The other one, it's twin, sold for six point.
• 2:15:52
  Two 5 million.
• 2:15:54
  So will this clock in the same, or, well, we just passed five, haven't we?
• 2:16:00
  Or right at five now
• 2:16:07
  at 865 miles as of today.
• 2:16:10
  And ordered new by the Bachmans.
• 2:16:13
  I mean, this is, it'd be interesting to see if this matches
• 2:16:16
  the, uh, the other example.
• 2:16:18
  Now, the other car had half as many miles at 456.
• 2:16:22
  What's that amount to a hundred thousand dollars difference?
• 2:16:25
  I mean, I don't know.
• 2:16:25
  Yeah, we're gonna find out soon though.
• 2:16:27
  They're both sub 1000, uh, mile cars.
• 2:16:31
  I, I don't think it's about the miles.
• 2:16:32
  I think it's that if you came in by an F 40, you've either got
• 2:16:36
  that F 40 or with the previous car, or you are wanting it now.
• 2:16:41
  I think that's what, or you're trying to build the Fab five, right?
• 2:16:44
  2 88, F 40, F 50 Enzo and so on that line.
• 2:16:48
  So it'll be very interesting to see.
• 2:16:51
  The F 50 is not too far away either, but we are under where its twin was,
• 2:17:03
  I need to rev this car up a little bit though.
• 2:17:06
  Really get the sense of that flat plane crank V eight.
• 2:17:09
  I've just realized the three exhausts on civic type bars Yes.
• 2:17:15
  From the Air Force.
• 2:17:15
  Yes.
• 2:17:16
  Never realized that before.
• 2:17:20
  It was ahead of its time, John, I keep saying Huh.
• 2:17:53
  And you have 40 sell for 5 million, $300, a bit of a gap, but hey,
• 2:17:57
  what's a few hundred thousand dollars for Ferrari F 40 buyers?
• 2:18:05
  Oh wait, something I've never seen before.
• 2:18:06
  Uh, Ferrari five 12.
• 2:18:09
  Well, this one's A PBI, isn't it?
• 2:18:12
  Yeah.
• 2:18:12
  This is the fuel injected one.
• 2:18:17
  I wonder what it was about bbs that the Buckman so liked.
• 2:18:20
  I wonder if it was the shape or if it was the way that they drove, or quite
• 2:18:25
  what it was that was the attraction, or it was a moment in time where it
• 2:18:30
  was a Ferrari that was easy to pick up because nobody really wanted them.
• 2:18:35
  Right.
• 2:18:35
  It, it could be a child of circumstance.
• 2:18:38
  Yeah.
• 2:18:38
  There, there was a period, wasn't that 15 years ago when
• 2:18:42
  these were 30, 40, $50,000 cars?
• 2:18:48
  You know, from what I've been seeing over the, over the years in the,
• 2:18:51
  in the business, there were a lot of, um, wealthier professionals.
• 2:18:56
  Again, academics and major universities.
• 2:18:59
  The Chicago area especially.
• 2:19:01
  Uh, there seemed to be a group of professors that really liked the BBB
• 2:19:04
  and the BBI had a sense of adventure.
• 2:19:07
  Uh, some of them were pilots too.
• 2:19:09
  Uh, just their lives were different.
• 2:19:13
  Inflation was different.
• 2:19:14
  Wealth was different.
• 2:19:17
  A a working professional could aspire to and achieve a BB if they
• 2:19:22
  had, you know, everything in order.
• 2:19:24
  And, uh, it just seems like, um, now they've become, after a price
• 2:19:30
  drop, you know, about 20 years ago.
• 2:19:32
  Now they're coming back into vogue.
• 2:19:34
  But when you're talking about the eighties and working professionals,
• 2:19:36
  I mean this five 12 BB 1984 talking about hookers, it's the eighties.
• 2:19:41
  I mean yes, of course, world, but I mean, you, you have a lot of choices.
• 2:19:45
  In 1984, would you buy a five 12 BB or buy a Lotus Espree?
• 2:19:51
  Yeah.
• 2:19:51
  Or a. Sis, what are you talking about, Eric?
• 2:19:55
  Just because they're both wedges.
• 2:19:56
  They're not remotely the same car one's got a epoxy little cylinder engine.
• 2:20:00
  The other's got a mighty V 12.
• 2:20:02
  It's like, would you date a girl or a carport?
• 2:20:05
  Cutout?
• 2:20:08
  Oh, John.
• 2:20:10
  I mean, I'm trying to draw parallel without having to be like, oh, well there
• 2:20:14
  were Porsches available at the time, or there was this, or there was the Corvette.
• 2:20:17
  The competition for the BB would've been older cars than you
• 2:20:21
  could have got at great prices.
• 2:20:23
  Imagine the price that you could have paid for, uh, fifties Ferrari
• 2:20:27
  tester Rossa for something like that at the top in the mid eighties.
• 2:20:31
  These, at that time, you know, you could have picked up a Ferrari
• 2:20:34
  GTO for under a million pounds.
• 2:20:36
  Okay, so let's take the debate to that end, which is 1984.
• 2:20:40
  Ferrari Testa Rosa versus 19 84 5 12 bb.
• 2:20:43
  Which would you choose the new hotness or the old guard that's going out the door?
• 2:20:50
  Oh, I'm in the fifties.
• 2:20:51
  Tesa Rossa, not the eighties.
• 2:20:53
  Tesa Rossa.
• 2:20:59
  This is very interesting.
• 2:21:00
  This far, 3 28 GTS is actually, I believe, selling for more than the five 12 bb.
• 2:21:07
  That just, this is the one to watch.
• 2:21:09
  Here we go.
• 2:21:09
  4 58 special.
• 2:21:12
  Absolutely crazy in the market.
• 2:21:14
  So isn't the deal with these that this is the last time Ferrari did a naturally
• 2:21:18
  aspirated high revving V eight, correct.
• 2:21:21
  The four 80 eights were turbos and then the 2 96 we got a
• 2:21:25
  twin turbo, six cylinder.
• 2:21:28
  I'm predicting over 4 million.
• 2:21:31
  I mean, this will break record special.
• 2:21:34
  A, what does that mean, ER to again?
• 2:21:37
  And it's getting more and more stated.
• 2:21:39
  You know, this is quite possibly one of the best Ferraris ever built
• 2:21:46
  or converter.
• 2:21:48
  That's why they're getting obscene money for 'em.
• 2:21:50
  I really like the four 80.
• 2:21:52
  Very nice car.
• 2:21:53
  Yeah, no, they're starting to game better trailer.
• 2:21:54
  So fresh from the, and they had, they had a great racing track record as well.
• 2:21:59
  They did really.
• 2:22:00
  And oddly enough, when they transitioned there was a period where
• 2:22:06
  the, they're working the bugs out of the 4 88 and the four 50 eights
• 2:22:09
  were running right alongside of 'em.
• 2:22:11
  They're just as quick.
• 2:22:12
  Yeah.
• 2:22:12
  But it's getting used to the turbo and the spool and you know, the drivers
• 2:22:16
  are trying to acclimate to the new car.
• 2:22:17
  And actually funny enough, the same thing happened in 2 96 debuted.
• 2:22:21
  Yeah.
• 2:22:21
  The 4 88 was actually quicker than the 2 96 until they worked out the
• 2:22:24
  problems and then it, you know, obviously they sunset the 4 88, but
• 2:22:28
  it's always that overlap when you see 'em in motor sport running together.
• 2:22:31
  You're like, is it really worth jumping to the new car yet?
• 2:22:34
  Yeah.
• 2:22:34
  Progress could be commitment financial wise, you know what I mean?
• 2:22:37
  Progress could be difficult sometimes, but yeah.
• 2:22:41
  The 4, 5, 8 saw a great, great track record across different
• 2:22:45
  racing bodies across the world.
• 2:22:49
  So the specialty, A designation that means aita, is that correct?
• 2:23:09
  I mean, I thought four maybe, but I thought at least three.
• 2:23:11
  I mean, what these things are doing,
• 2:23:15
  should it be colored?
• 2:23:18
  I don't know.
• 2:23:18
  I mean, the last one produced how many miles?
• 2:23:20
  58 miles.
• 2:23:23
  You know?
• 2:23:23
  Of course then that's a sad situation is it's such an incredible car to drive.
• 2:23:29
  In reality, you can't drive it.
• 2:23:30
  'cause then you, unless you just don't care about the money factor right, or what
• 2:23:33
  the investment is, you wanna go enjoy it
• 2:23:38
  because they had the other one that sold, they had like aspect to 1.5, 1.8.
• 2:23:42
  I can't remember what sold for.
• 2:23:43
  But this being one owner, low mile last produced everything.
• 2:23:52
  Alright.
• 2:23:52
  Countdown.
• 2:23:53
  Two 2,900,000,
• 2:23:57
  sold
• 2:24:01
  2,000,008. Alright, we got the last three cars.
• 2:24:06
  So the 3, 2 8 is cost the evolution of the 3 0 8.
• 2:24:11
  Slightly bigger motor, slightly different grill chrome on, on the grill there,
• 2:24:16
  rather than black and bigger back bumpers.
• 2:24:20
  For my money, I prefer the earlier, smaller bumper cars.
• 2:24:24
  But of course you do get more creature comforts and, and generally
• 2:24:27
  a more just together vehicle.
• 2:24:29
  If you buy a 3, 2, 8 rather than your 3 0 8, I would've agreed with you.
• 2:24:33
  If you had, we had this debate 20 years ago, I would've said 3 0 8 all day long.
• 2:24:38
  Forget the 3 28.
• 2:24:39
  It's just bloated and big and heavy and you know, so be it.
• 2:24:43
  But now as I reintroduce myself to these cars with wiser and more mature
• 2:24:49
  eyes, I see the appeal of 3 28.
• 2:24:52
  I really like them.
• 2:24:53
  I mean, I got the chance to drive one and it was fabulous.
• 2:24:57
  And now, you know, if I could've different from the 3 0 8.
• 2:24:59
  Hmm, different from the 3 0 8 You auto crossed?
• 2:25:02
  Yeah.
• 2:25:04
  How so?
• 2:25:04
  How so quicker?
• 2:25:06
  More linear in terms of power.
• 2:25:08
  Also Rev happy, just like the 3 0 8, but it just, it just felt
• 2:25:12
  like it had more low end grunt in comparison because of the 3.2.
• 2:25:17
  And it was a QV right away.
• 2:25:19
  Right.
• 2:25:19
  They never had a non four valve head on the, on those cars, that four valve head.
• 2:25:24
  It really helped the top end as well.
• 2:25:25
  It did.
• 2:25:26
  It did.
• 2:25:26
  And so I enjoyed it very much.
• 2:25:28
  And again, if I had the money to be able to pick one up today,
• 2:25:31
  I would love to have a 3 28.
• 2:25:33
  Well this one's at, this one's at five 50, but surely you can, you can
• 2:25:37
  pick him up for under a hundred count.
• 2:25:39
  Oh yeah, yeah, yeah.
• 2:25:40
  I'll call uh, I got Lance Stroll's dad on speed dial.
• 2:25:43
  I'll just call him, you know.
• 2:25:54
  Here we go.
• 2:25:55
  F 50.
• 2:25:55
  So these F fifties, they are, I I wasn't into them when they were new.
• 2:26:01
  Now I really am.
• 2:26:03
  It is a Formula One car, which you can drive on the road.
• 2:26:07
  It truly is.
• 2:26:08
  I just wish it looked better.
• 2:26:10
  I'm sorry.
• 2:26:12
  Compared to the F 40, it's quintessential nineties.
• 2:26:16
  It's very blobby and round and soft.
• 2:26:19
  I mean, I'm not discounting its technology or its ability capabilities.
• 2:26:23
  The V 12 is awesome, but it's just I can't get over the styling.
• 2:26:28
  Is it wrong for me to say that?
• 2:26:30
  It kind of reminds me of, um, those McLaren M eight styled, uh, kitty
• 2:26:34
  beds from the early seventies.
• 2:26:36
  Yes.
• 2:26:36
  Which I always wanted.
• 2:26:38
  So maybe I should aspire to one of these.
• 2:26:40
  Are you trying to say, it looks like the coyote from Castle and McCormick?
• 2:26:43
  Yes.
• 2:26:44
  Yes.
• 2:26:45
  I might.
• 2:26:45
  You I would be more excited except Iron and McClaren M eight
• 2:26:49
  that I would've Ferrari F 50.
• 2:26:53
  Oh man, you're tripping me back with starting at 9 million with Curry Castle.
• 2:26:57
  McCormick should look, we, we should, you know, as we passed 10 million
• 2:27:01
  here, we, we should recognize that, you know, this was a card that was
• 2:27:05
  developed by Michael Schumacher when Michael Schumacher and Ferraro were at
• 2:27:11
  their most dominant in Formula One in the DNA of those turn of the Century
• 2:27:16
  Formula One cars with their normal aspiration and their super high revenue.
• 2:27:21
  That is right there in this F 50, the F 48, and people always compare 40 and F 50.
• 2:27:28
  And I just think it's an absurd comparison because the F 40
• 2:27:32
  is a totally different car.
• 2:27:33
  This is a, the F 40 is like we talked about.
• 2:27:36
  What that is.
• 2:27:37
  This F 50 is a Formula one derived.
• 2:27:40
  It's a different kind.
• 2:27:41
  It is, but the problem, you can't compare them.
• 2:27:43
  The problem I have is if you follow the legacy of Schumacher, like you
• 2:27:46
  recently did on episode, this is the beginning of his career versus the
• 2:27:50
  Enzo, which is at the end of his career.
• 2:27:53
  And everybody says the enzo's a better car.
• 2:27:55
  So in in for my money, this car gets discounted and you fall back to the F
• 2:27:59
  40 because the F 40 put you it's square in the rivalry with Porsche because the
• 2:28:05
  question always comes up 9 59 or F 40.
• 2:28:09
  The F 50 doesn't have a contemporary, what is that?
• 2:28:12
  The Diablo?
• 2:28:13
  The Diablo doesn't hand stand the chance against this car and
• 2:28:16
  Porsche didn't have anything.
• 2:28:18
  The nine 11 STRASSON version doesn't really work as a comparison
• 2:28:22
  because that was a Homologated LMP one or GT one LAMA car.
• 2:28:27
  So it stands by itself with no competitor.
• 2:28:32
  Yes.
• 2:28:32
  It sounds by we know competitor and hard to find a comparison as
• 2:28:37
  we cruise past 11 million here.
• 2:28:40
  There is one car I would put up against it and I know you're gonna hate me for
• 2:28:44
  saying this, and that's the XJ two 20.
• 2:28:46
  We've had this debate before, but I would choose that over the F 50.
• 2:28:50
  If the XJ two 20 had a V 12, I'd be with you on the comparison.
• 2:28:58
  The F 50, the ask is at 11 2 50.
• 2:29:03
  They're counting down.
• 2:29:08
  I don't even like the wheels.
• 2:29:09
  I was just gonna throw it out there.
• 2:29:11
  Oh, I don't know.
• 2:29:12
  As it's rolled up there, I've looked at it and thought I
• 2:29:14
  like the proportions of that.
• 2:29:15
  They just, million 200 is the ask.
• 2:29:19
  I would definitely have an counting down 40.
• 2:29:25
  Ready maybe when I've matured like you have, as is typical of some
• 2:29:31
  Ferrari Marketplace podcast episodes.
• 2:29:33
  There was a slight technical snafu and it looks like we ran
• 2:29:36
  out of battery, but that's okay.
• 2:29:38
  We were one car away from the end and we cut to commercial break and we'll be back
• 2:29:43
  after the break with the Bianco spec.
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• 2:30:28
  All right, gentlemen, we are back.
• 2:30:31
  We are moments away, moments away from the Bianco special, the main attraction
• 2:30:36
  of Mecca's, Kissimmee 2026 auction.
• 2:30:40
  And we've continued to see really strong numbers in great sell through, haven't we?
• 2:30:45
  We have, there's been a few Ferrari that have crossed the
• 2:30:48
  block since the Bachman collection.
• 2:30:50
  A lot of, uh, Ferrari 365, GTSs, GTVs, all those Daytona cars.
• 2:30:56
  And then we have one final Ferrari in the mix, 63 Ferrari, 400
• 2:31:01
  Super America that's coming up.
• 2:31:02
  So looking forward to that.
• 2:31:04
  And then there'll be two more cars, and then I'm sure Mecca's gonna
• 2:31:07
  put together just a small break.
• 2:31:10
  And then we will get started with our main event, which is the Bianco
• 2:31:14
  Speciale that we've been leading up to.
• 2:31:15
  So any key points that we want to make about the car as we bring our listeners
• 2:31:20
  back up to speed if they haven't listened to our previous episodes.
• 2:31:24
  Well, I was just gonna talk a little bit about the Super
• 2:31:26
  America that we have coming up.
• 2:31:28
  First of all, these were, each was an individual car that was ordered
• 2:31:34
  from the factory, and I think in the sixties they were two or three times
• 2:31:37
  more than Ferrari's standard offerings.
• 2:31:41
  So when we see these four 10 Super Americas come to market,
• 2:31:45
  we're really looking at what at the time was Peak Ferrari?
• 2:31:53
  Well, one of the most beautiful, uh, Ferraris ever built.
• 2:31:56
  And, and I believe I, I've lost count of how many individual series of these
• 2:32:00
  cars, but they were all, like you said, built basically to order for all the
• 2:32:05
  great personalities of the era too.
• 2:32:07
  I think, uh, Peter Sellers might have, I believe he had either had and he did.
• 2:32:11
  Yeah, yeah.
• 2:32:12
  A Man of a Thousand Faces.
• 2:32:13
  That's right.
• 2:32:14
  And the Pink Panther and Dr. Strangelove.
• 2:32:18
  Oh, what a movie that was.
• 2:32:19
  Yeah.
• 2:32:20
  So it's, uh, pebble Beach.
• 2:32:21
  Each year up the hill from where the Concor takes place, there's Kaza Ferrari.
• 2:32:27
  Cars, a Ferrari.
• 2:32:28
  They always have a display of 40 or 50 Ferrari, and, and this last year there
• 2:32:34
  were a couple of Super Americas, and I could, you could make comparisons between
• 2:32:38
  them and look at how the styling evolves.
• 2:32:41
  The wheels, the positioning of the chrome, the, the shape of the
• 2:32:45
  taillights, the shape of the headlights, the shape of the air intakes.
• 2:32:48
  You can really compare and mix and match and see how each individual styling
• 2:32:53
  element it was developed and was taken on some cars and taken off other cars.
• 2:32:58
  And that is very relevant for us talking about the two 50 GTO because
• 2:33:04
  you can talk about, you know, numbers and there being enough GTOs
• 2:33:10
  that were 39 built, 36 survive.
• 2:33:14
  The feeling is that because of the 36, there's some kind of a, you know,
• 2:33:18
  there's enough to make a market, but there's not so many to create
• 2:33:21
  excess supply and drive prices down.
• 2:33:24
  So that's certainly one of the reasons why they cite for the GTO being
• 2:33:28
  the Mona Lisa of, of automobiles.
• 2:33:30
  But let's be real about this.
• 2:33:32
  The GTO is the Mona Lisa of automobiles because of the way that it looks, because
• 2:33:37
  the GTO got all of those different styling cues that we see through
• 2:33:41
  Ferraris in the previous 15, 20 years.
• 2:33:46
  It had the best of those styling cues all in one place.
• 2:33:50
  The e type style nose, the three straights behind the rear wheels, the awesome cupe
• 2:33:55
  shape with a little ducktail spoiler.
• 2:33:58
  All of those elements came together on the two 50 GTO to really make it stand out.
• 2:34:03
  You know what, it didn't have John, it didn't have a trapezoidal
• 2:34:07
  passenger glass on a very curved car.
• 2:34:10
  That was one design feature that did not make it in two 50 GTO that
• 2:34:13
  you do see on the 400 Super America.
• 2:34:17
  I can't get over that piece of glass.
• 2:34:19
  For me, I, I see the evolution from the two 50 luso that we talked about earlier,
• 2:34:24
  but I just don't get that piece of glass.
• 2:34:26
  But it's the hough.
• 2:34:27
  I don't like it.
• 2:34:29
  It doesn't matter if the Pope invented it.
• 2:34:35
  Do you know?
• 2:34:36
  For some reason that element doesn't really come into my vision.
• 2:34:40
  It's just, I just love the, just the, the way that body flows from a
• 2:34:44
  profile and that tail end on that car.
• 2:34:48
  It's just, it's just beautiful.
• 2:34:49
  I don't know, for me, it's a magnet for my eye.
• 2:34:51
  It's the first thing I see because it, I don't, maybe it's my
• 2:34:55
  brain, but it feels out of place.
• 2:34:57
  So the Hoffmeister kink, John, I, I kid you a little bit,
• 2:35:00
  but why is that important?
• 2:35:01
  Why, why is, why do we need to know Hoffmeister and his kink?
• 2:35:05
  Well, because every modern car has it, because the way they break up the boring
• 2:35:09
  shape of these modern SUVs and crossovers is by doing the hofmeister kink.
• 2:35:13
  If you walk through any car park, you will see more cars
• 2:35:17
  with a hofmeister kink than not.
• 2:35:19
  I've never, and I don't like it on modern cars either.
• 2:35:22
  So now I have someone to blame.
• 2:35:24
  I see how this works, and now you cannot un see it.
• 2:35:29
  Alright.
• 2:35:29
  This car, I mean, a sign, the kink, call it what it is.
• 2:35:34
  It's beautiful.
• 2:35:35
  It's a beautiful car.
• 2:35:36
  The way it sits on the road is absolutely awesome.
• 2:35:38
  The, the interior designed for me is absolutely pink car interior,
• 2:35:43
  this area of sixties Ferrari with the, the five gauge package and
• 2:35:48
  the thin, the thin stick shift.
• 2:35:50
  I, I, I really believe interior design has never been, I love that luxury
• 2:35:56
  back then was defined not by how many widgets and, and, and doodads
• 2:36:00
  you, you had, or in the interior.
• 2:36:03
  It was conservatively, elegantly luxurious.
• 2:36:09
  And we'll never see that kind of look again.
• 2:36:12
  We'll never see that, that level of, of, of pre add-on optioned out interiors.
• 2:36:21
  And these four hundreds were fast as well.
• 2:36:23
  Yeah, they were, I mean, they were 150 mile an hour plus cars and.
• 2:36:27
  That is pretty astonishing for their sixties technology.
• 2:36:31
  So, uh, the car's just moved across the block here as we pass 2.3, the way
• 2:36:37
  the line comes off the top of the front wheel arch and extends along the fender
• 2:36:42
  above the bit in farina badge there.
• 2:36:44
  Just so awesome.
• 2:36:46
  Does this car act as the precursor to the 400 and the four 12?
• 2:36:54
  Well, in basic concept it does.
• 2:36:57
  You know, the two plus two, right?
• 2:37:00
  They were a replacement for this.
• 2:37:01
  Yeah.
• 2:37:02
  They took their design cues from the 365 GTV fours, right?
• 2:37:06
  Yeah, that's right.
• 2:37:08
  Maybe an overall essence.
• 2:37:09
  I I, I will have to say though that the 400 to four 12, they're the
• 2:37:14
  most criminally underrated Ferrari.
• 2:37:16
  I think there is this generation or the newer ones, in all honesty.
• 2:37:22
  Absolutely.
• 2:37:22
  So what did that hammer at?
• 2:37:23
  It's a 2.3 or so.
• 2:37:25
  Is that what we saw?
• 2:37:26
  Yeah, something like that, which to be honest seems a little low for, uh,
• 2:37:32
  400 Super America Coach Bill Ferrari.
• 2:37:35
  That looks that, that nice.
• 2:37:36
  I mean, such a lovely car.
• 2:37:38
  The blue, it, it's a shame that that car didn't cross the block earlier
• 2:37:42
  when maybe there was a little more buying enthusiasm in the room.
• 2:37:45
  I think so that's that.
• 2:37:47
  It's funny, you know, how you stage an auction and, and I wouldn't even begin
• 2:37:52
  to comment on how an auction of this size and volume, what goes into the
• 2:37:59
  decision making because, you know, there, there, and that's what makes this market
• 2:38:04
  interesting though, is there's, there's a chance for actually someone to jump in,
• 2:38:07
  buy something and if they're in it for a profit motive after a little while right.
• 2:38:12
  You, you do have that opportunity to arbitrage a little bit.
• 2:38:15
  So John, we are two cars away from the Bianco.
• 2:38:18
  Speciale.
• 2:38:18
  Do you want to kind of bring everybody up to speed on its significance?
• 2:38:23
  Yeah, absolutely.
• 2:38:24
  I mean, we said 36 GTOs bill.
• 2:38:27
  This one, the only white one.
• 2:38:29
  The whole world of GTOs is, 'cause there's only 36 people have got them any
• 2:38:36
  driving event that you are invited on.
• 2:38:38
  This is an opportunity to rub shoulders with
• 2:38:44
  people who you would not normally be able to rub soldiers with.
• 2:38:46
  So it's not just a car, it's an introduction into a
• 2:38:50
  very, very exclusive club.
• 2:38:52
  The court, the court of owls, if you will.
• 2:38:53
  Yeah, yeah.
• 2:38:55
  This particular.
• 2:38:56
  Car was bought by a British Jaguar dealer, and it was bought specifically
• 2:39:02
  in order to go racing with.
• 2:39:04
  And, and the guys who he had raced it were names that were very well known
• 2:39:09
  to the British public and subsequently even became known internationally.
• 2:39:13
  Soy salvadori, but more famously, Graham Hill, who, you know, the only man to
• 2:39:19
  win the triple crown of motor racing.
• 2:39:20
  And really a, a very well known figure within, uh, international motorsport
• 2:39:24
  in the sixties and seventies.
• 2:39:26
  So we are, you were talking about John Coombs as the original owner
• 2:39:32
  and order of this Bianca special.
• 2:39:33
  Yeah.
• 2:39:34
  John Coombs being the owner of the Jaguar dealership and being somebody who's very
• 2:39:38
  much in Britain associated with racing.
• 2:39:40
  Mm-hmm.
• 2:39:41
  Jaguars and always in white.
• 2:39:44
  He was known for racing in white and, and he was clearly well enough regarded
• 2:39:49
  by the Ferrari factory that when, when Coombs requested the car be painted
• 2:39:54
  white, it was indeed painted white, which, uh, apparently at the time was a very
• 2:39:59
  difficult thing to get Ferrari to do.
• 2:40:01
  I dare say in those days you couldn't just pick up the phone,
• 2:40:04
  call the factory and say, well, I wanted in white, kind of thing.
• 2:40:08
  It just wasn't possible to do that.
• 2:40:10
  And one of the things that we walked backwards into during our research and
• 2:40:14
  the coverage that we did on this car a couple of months ago was that the
• 2:40:18
  significance of the Bianca isn't necess.
• 2:40:22
  About the significance of a Ferrari, but its influence on Jaguar's
• 2:40:27
  racing history at that time.
• 2:40:29
  Well, absolutely.
• 2:40:30
  'cause John Coons was so close with the Jaguar board of directors and
• 2:40:36
  the, the, there is a story that he had lunch with Bill Hayes one day when of
• 2:40:40
  Jaguar's, uh, senior guys and, and said to them, you know, I can't race your E
• 2:40:45
  types anymore 'cause they're too slow.
• 2:40:47
  I'm gonna have to race this Ferrari.
• 2:40:49
  And the long and short of that meeting was this car, the Bianco
• 2:40:53
  spec, spent the winter of 19 62 3 at the Jaguar factory with the ideas
• 2:41:02
  being copied and incorporated into what became the lightweight E type.
• 2:41:09
  Okay.
• 2:41:09
  We'll put air quotes on that, John.
• 2:41:11
  We'll call it.
• 2:41:11
  It was.
• 2:41:12
  Studied it was being studied.
• 2:41:14
  So as we're getting that much closer to the car, crossing the block,
• 2:41:18
  Dave, you put together a meticulous analysis of where this car should fall.
• 2:41:23
  How are you feeling based on the energy in the room of where the car might hammer?
• 2:41:28
  Well, uh, as far as, uh, the room kind of thinning out a little bit, I'm not
• 2:41:33
  concerned about that because anybody that's in the market for a car of this
• 2:41:36
  magnitude and significance will probably have representatives on hand a bid for
• 2:41:40
  them, or they'll be on the telephone.
• 2:41:44
  I believe there's probably two to five, not only financially qualified bidders,
• 2:41:49
  but bidders that would want something like this as a crowning achievement
• 2:41:53
  of either the anchor or the crowning achievement of their collection.
• 2:41:57
  Here we go.
• 2:41:57
  They're running a video of the car right now.
• 2:42:00
  Get everybody hyped up.
• 2:42:01
  What do you think the opening salvo will be in terms of the bid?
• 2:42:06
  I think, uh, based on where things have been of over the last five years, with
• 2:42:10
  the few GTOs that have come to market at auctions, I'm thinking they're probably
• 2:42:14
  open up at about 40 or 50 million.
• 2:42:18
  Yeah.
• 2:42:18
  'cause the range, we've, the range of purse prices we've seen is 35 for a
• 2:42:24
  car that was considered to have a bad history and the 75 for a car that's been
• 2:42:29
  considered to have a, a good history.
• 2:42:31
  And this car does have a good history.
• 2:42:33
  It's never been totally restored.
• 2:42:35
  It's never been wrecked.
• 2:42:36
  It's never caused, uh, uh, been, uh, the subject of a, uh, racing
• 2:42:41
  accident, uh, of any magnitude and the only one in, in white.
• 2:42:47
  And it was run for three whole years.
• 2:42:49
  Uh, competitively in the uk.
• 2:42:52
  Here we come.
• 2:42:52
  Yeah, here we go.
• 2:42:54
  Also,
• 2:42:59
  the only fer.
• 2:43:04
  Look at that.
• 2:43:07
  Here it comes.
• 2:43:15
  What a gorgeous car.
• 2:43:16
  That doesn't matter what color the GTO is in.
• 2:43:19
  Oh my God.
• 2:43:20
  That's, that's art.
• 2:43:21
  That's not even the car anymore.
• 2:43:22
  Yeah.
• 2:43:23
  We're, this is an art auction right now.
• 2:43:25
  Yep.
• 2:43:25
  This is, this is pure art.
• 2:43:32
  Starting.
• 2:43:32
  Starting at 50 million.
• 2:43:34
  50. Wow.
• 2:43:36
  Making 40 million.
• 2:43:38
  So making 30 million.
• 2:43:41
  30 million.
• 2:43:42
  Making 30.
• 2:43:49
  The auctioneers looking for bids.
• 2:43:50
  Incre, we're gonna go up in,
• 2:43:56
  okay.
• 2:43:56
  They got 25, asking 30.
• 2:44:04
  We're at 30.
• 2:44:09
  So there's an awful lot of people around the block, but it's hard to see if
• 2:44:13
  any of the bidders are in the house.
• 2:44:17
  35 million.
• 2:44:19
  The bid is at 30 million.
• 2:44:21
  Looking for 35 million.
• 2:44:28
  30. 30 million dead.
• 2:44:33
  32. 31 million.
• 2:44:35
  Dead.
• 2:44:37
  Seems to have stalled out here a little bit.
• 2:44:39
  It has.
• 2:44:40
  It really has.
• 2:44:41
  And it's below the, the threshold of the lowest one ever sold.
• 2:44:48
  Well, the low is sold in in recent.
• 2:44:50
  This car has, yeah.
• 2:44:52
  Continuous.
• 2:44:52
  Great history.
• 2:44:57
  Ownership of two fame collectors, including Jack Sears, who drove this car.
• 2:45:04
  I feel like we're playing the price.
• 2:45:05
  Right, exactly.
• 2:45:08
  Uh, $1 Bob.
• 2:45:10
  33 million.
• 2:45:13
  33 million.
• 2:45:15
  32 million.
• 2:45:17
  33 million.
• 2:45:18
  Oh gosh.
• 2:45:19
  We've been hanging for a while now.
• 2:45:20
  I haven't we, my God.
• 2:45:22
  Is there anyone on the phone?
• 2:45:23
  Can we tell if there's any international bidders or phone bidders?
• 2:45:29
  30. Okay.
• 2:45:31
  30 million, 32 million.
• 2:45:35
  You over here?
• 2:45:36
  33 million.
• 2:45:38
  Well this will be, uh, could possibly become the bargain of
• 2:45:42
  the century in the, in the fer.
• 2:45:43
  A classic vintage Ferrari market.
• 2:45:46
  This is a solid car with solid history.
• 2:45:50
  32 now.
• 2:45:52
  Alright.
• 2:45:54
  It's not moved at all.
• 2:45:55
  And they're trying to whip the audience up a little bit now.
• 2:45:58
  Yeah.
• 2:45:58
  Let's see if that achieves any movement.
• 2:46:01
  I am literally on the edge of my seat.
• 2:46:03
  This is
• 2:46:08
  33 million.
• 2:46:10
  Asking 34 million million while it's moved now 34,000,030.
• 2:46:27
  There's always a chance this will not sell and then sell privately afterwards.
• 2:46:31
  Right.
• 2:46:31
  'cause they have, their whole bid goes on process at Mecu
• 2:46:34
  where you can put in a bid later.
• 2:46:36
  Exactly.
• 2:46:37
  You know, and there's a chance.
• 2:46:38
  An opportunity to engineer a private deal for sure.
• 2:46:43
  But with the presentation this has had and the history of this car being well known,
• 2:46:51
  okay, they have 33 5, 34.
• 2:47:02
  Well, it is creeping up.
• 2:47:03
  So does it seem like that's too bitters to you?
• 2:47:07
  It's hard to tell.
• 2:47:08
  It is really hard to tell.
• 2:47:10
  The likelihood of a bidder being on the phone is strong here.
• 2:47:13
  I mean, there is somebody on the phone with a guy in the hat that's,
• 2:47:21
  do we have an idea of what the most expensive car to
• 2:47:24
  cross the block at Mecu is?
• 2:47:25
  Is this it?
• 2:47:26
  Is this gonna set a record for them?
• 2:47:28
  I'd be very surprised if not.
• 2:47:31
  Yeah.
• 2:47:35
  34 we're holding it.
• 2:47:37
  34, you know something.
• 2:47:41
  He's gonna
• 2:47:44
  take
• 2:47:55
  35 million with all the, uh, all the excess liquidity
• 2:48:00
  in the out there worldwide.
• 2:48:04
  This might look back like the deal of the century,
• 2:48:09
  or it might be a changing of the God.
• 2:48:12
  Yes.
• 2:48:12
  It might be a movement of the guard away from racing cars from the last century
• 2:48:18
  and towards hypercar of this century.
• 2:48:20
  Yeah.
• 2:48:20
  Because we saw them do very, very well earlier during the Bachman collections
• 2:48:23
  and Enzo and the Sac car that we saw.
• 2:48:26
  So yes, the, the Sac 9 1 8 that we saw.
• 2:48:29
  Yes.
• 2:48:30
  They do what?
• 2:48:31
  Double Its two and a half million dollar estimate.
• 2:48:35
  I mean, this is the automotive equivalent of a Picasso, Rembrandt,
• 2:48:39
  a Van Gogh all roll into one.
• 2:48:43
  Well, and to walk away with this car at 35, this sets GTO price is
• 2:48:50
  significantly back, doesn't it?
• 2:48:52
  I mean, yeah, the weather tech guy supposedly paid 70 or 75,
• 2:48:57
  just three or four years ago.
• 2:48:59
  Yeah,
• 2:49:03
  this one's at 35.
• 2:49:04
  And it's never been wrecked.
• 2:49:07
  Nobody died in it.
• 2:49:08
  I mean, there's a lot of positives.
• 2:49:10
  Yeah.
• 2:49:10
  Lesser examples with issues, uh, have sold for more.
• 2:49:15
  Well, yes.
• 2:49:15
  'cause of course, that's the story with the $35 million car.
• 2:49:18
  It wasn't written so much that it had a bad history.
• 2:49:20
  It was that it, it was that it had virtually no history at all.
• 2:49:26
  Right.
• 2:49:26
  In that when it was born new, it was wrecked shortly afterwards.
• 2:49:31
  It was wrecked shortly afterwards, and the family seemed likely that
• 2:49:35
  it seemed to have hung onto the car for many years until Bonhams brought
• 2:49:40
  it to auction and sold it in 2023.
• 2:49:45
  Still sticking at 35, asking, we're not moving from this part 35.
• 2:49:50
  We are not, I mean, unless we are not getting to 40,
• 2:49:56
  which puts even Williams' projection pretty high.
• 2:50:03
  This was certainly a bold offering for Mecom Auctions.
• 2:50:06
  They've done amazing pre-sale marketing of this car, promotion, presentation,
• 2:50:12
  everything that an auction house should be doing to present a car of this magnitude.
• 2:50:18
  So hats off to them.
• 2:50:19
  They have been doing an awesome job of this.
• 2:50:21
  Could not agree more.
• 2:50:23
  Absolutely fabulous.
• 2:50:24
  Yes.
• 2:50:25
  If you were in the market for the car, for a car like this, there's no
• 2:50:28
  way you couldn't know it was on sale.
• 2:50:29
  You would know this car was on sale.
• 2:50:31
  Everybody's been watching this car, everybody's been talking about this car.
• 2:50:35
  I haven't bumped into anybody that doesn't, doesn't know that
• 2:50:37
  this car has been on the block.
• 2:50:39
  It's been up for sale for quite a while.
• 2:50:41
  So
• 2:50:44
  it seems clear then that the prices on these, it seems clear that this is a
• 2:50:50
  dip in price for these very high end fifties, sixties sports racing cars,
• 2:51:03
  racing tides don't necessarily raise all boats.
• 2:51:06
  And I think that's the market.
• 2:51:07
  There's, it's very selective.
• 2:51:09
  It's very stratified.
• 2:51:11
  This, hopefully this.
• 2:51:13
  Uh, high, high, high of the high end, uh, offering Will, will, will work.
• 2:51:19
  Uh, we've seen a lot of surprises to the upside today.
• 2:51:28
  Now they're giving a history lesson to get everybody tuned in
• 2:51:32
  and hopefully we'll see a nice, healthy bump and some aggressive bidding.
• 2:51:36
  A competitive bidding.
• 2:51:38
  Um, I'm wondering though, is it, could it be dangerous to advance
• 2:51:43
  market something like this as far ahead as it as it had been?
• 2:51:48
  Or is it good practice to do that?
• 2:51:50
  Because you would think that the diligence that's gone into this since about August,
• 2:51:55
  probably around Monterey, uh, last year.
• 2:51:58
  Yes.
• 2:51:59
  The car was at Monterey last year.
• 2:52:00
  My son and I saw it.
• 2:52:02
  Yeah.
• 2:52:02
  And it's.
• 2:52:03
  Beautiful.
• 2:52:03
  It's just simply beautiful.
• 2:52:05
  And I think with the generational money that's out there, the international money
• 2:52:09
  that's out there again, do you think people are waiting for the bid goes on?
• 2:52:17
  Is that what's happening at the moment?
• 2:52:18
  I'd have to wonder.
• 2:52:19
  I'd have to wonder.
• 2:52:21
  I mean, try and buy it on the block.
• 2:52:23
  I mean, the, the, I don't think that the bid goes on will provide a bargain.
• 2:52:28
  Right.
• 2:52:28
  It'll probably provide, again, a starting point, a starting point for negotiation
• 2:52:32
  with a serious, motivated prospect.
• 2:52:36
  But if I had to take a guess, I would guess the reserve is 50.
• 2:52:40
  Yeah.
• 2:52:40
  Yeah.
• 2:52:41
  I was gonna say, because at this point with some of the other cars we've seen
• 2:52:44
  cross the block, they would've been like, reserve is off and then people go crazy.
• 2:52:47
  So I guess everybody in the room kind of understands we're not at that point yet.
• 2:52:51
  Yeah, that's right.
• 2:52:52
  The car's not for sale.
• 2:52:54
  Yeah.
• 2:52:54
  It's just kicking, stalking.
• 2:52:55
  Yeah.
• 2:52:56
  Well, if somebody's out there with the money and the, and the willingness,
• 2:53:00
  uh, or the readiness to buy something like this, they, uh, I think they'd
• 2:53:04
  be well advised to do it on the block.
• 2:53:06
  Yeah.
• 2:53:07
  The, the one sort of black market against the card that when we
• 2:53:11
  discussed this last night is.
• 2:53:13
  The fact that it's right hand drive, not left hand drive.
• 2:53:17
  Yeah.
• 2:53:17
  There's like eight right hand drives, if I remember the stats correctly, and
• 2:53:21
  this is one of eight, however, but a right hand drive car in the States.
• 2:53:26
  I, to your point, John, it's not that difficult to adapt, but for a lot of
• 2:53:29
  people, I think it might be a point at which you just don't want to engage.
• 2:53:33
  Yeah.
• 2:53:33
  I mean, I, I personally, I I hadn't considered it as a factor until we were
• 2:53:37
  discussing it, but I just wonder if it is something that holds people back.
• 2:53:41
  Just because if you've not driven a car with, uh, you know, ears
• 2:53:45
  are weird back to front thing.
• 2:53:47
  It's not just that you place the car on the other side of the road.
• 2:53:50
  It's that everything is, you know, the, the shift is on the other side.
• 2:53:53
  You're using another hand to, to change gear and that's perhaps offput.
• 2:53:57
  However, for up until not terribly long ago, all 'em on
• 2:54:02
  24 hour cars were all right.
• 2:54:04
  Right hand drive, were they not, or most of them racing cars
• 2:54:06
  tend to be Right hand drive.
• 2:54:08
  That's right.
• 2:54:08
  There's more right hand so you can see to place the car better.
• 2:54:13
  That's my understanding of why they That's great.
• 2:54:14
  It it's also for driver changes.
• 2:54:16
  We talked about this before.
• 2:54:18
  Oh, exactly.
• 2:54:18
  John is, I, John and I have debate this, but guys, we're still at 35.
• 2:54:23
  Yeah.
• 2:54:23
  We, I dunno what the guys on the block are talking about whilst
• 2:54:26
  we're talking about this stuff, but the car is not being bid up.
• 2:54:29
  Yeah.
• 2:54:31
  And folks, we're not, we're not trying to fill air time.
• 2:54:32
  We're just like wondering what's going on.
• 2:54:34
  Yeah, exactly.
• 2:54:35
  Are they thinking that somebody's gonna find $35 million down the back of their
• 2:54:39
  seat or, or something to bid on it?
• 2:54:40
  There's a bag here.
• 2:54:41
  I don't know what's in it.
• 2:54:42
  Oh yeah.
• 2:54:44
  Where's that guy?
• 2:54:46
  Chat, GB t's gonna bet on this.
• 2:54:48
  Oh, isn't that amazing?
• 2:54:49
  Bitcoin's up.
• 2:54:50
  I'm gonna make a bid.
• 2:54:51
  Yeah, yeah.
• 2:54:51
  What's my Nvidia stock at?
• 2:54:56
  It's quiet in here.
• 2:54:57
  It's thinned out quite a bit.
• 2:54:59
  I'm surprised that a group of people didn't form an investment
• 2:55:02
  LLC and and buy something like this.
• 2:55:04
  Oh, sorry.
• 2:55:04
  Yeah, that's a, sorry to cut you off there.
• 2:55:06
  That's a new thing though these days, right?
• 2:55:07
  Where they go in together and buy something like this.
• 2:55:09
  Yeah, yeah.
• 2:55:09
  And run it, you know, as a, as a venture.
• 2:55:12
  But if, if we was slightly better healed, if we'd arrived there, each
• 2:55:15
  planet, each with 10 million that we were ready to spend, I have 50 bucks
• 2:55:19
  I could give you, I mean that Well, I mean, but, but if had we arrived you,
• 2:55:24
  we could have picked up a bargain.
• 2:55:25
  Yeah.
• 2:55:26
  Could you imagine a fractional offering of if.
• 2:55:28
  For to qualified bidders of say, I think the, the threshold's 200,000
• 2:55:34
  to own, to, to play in that market.
• 2:55:37
  There we go.
• 2:55:38
  35
• 2:55:43
  reserve is off.
• 2:55:44
  That 35 reserve was at 35.
• 2:55:47
  The reserve was at 35.
• 2:55:51
  I would've expected a far higher
• 2:55:56
  35
• 2:56:05
  final call.
• 2:56:06
  Third and final call at 35.
• 2:56:09
  Five
• 2:56:12
  going once
• 2:56:18
  35 million.
• 2:56:24
  5 million.
• 2:56:26
  5 million.
• 2:56:29
  Anybody.
• 2:56:30
  Those the people that are in the audience.
• 2:56:32
  There are a good number of people standing and a great number of people filming.
• 2:56:37
  Yeah.
• 2:56:38
  How many are bidding?
• 2:56:41
  That's exactly right.
• 2:56:42
  Need, need bidders
• 2:56:55
  sold at 35 million
• 2:57:00
  a car with this quality, that is the bargain of the century.
• 2:57:05
  Oh yeah.
• 2:57:05
  Somebody got a huge bargain.
• 2:57:07
  This is not gonna, sorry.
• 2:57:09
  So it has been a day full of anomalies.
• 2:57:11
  Right.
• 2:57:12
  We got outliers in both directions.
• 2:57:14
  Wow.
• 2:57:15
  On Unreal.
• 2:57:16
  This is.
• 2:57:17
  People will be talking about this for a long time to come.
• 2:57:20
  Yeah.
• 2:57:21
  This is significantly, I I really feel this paradigm shift that
• 2:57:25
  we were discussing earlier.
• 2:57:27
  I, I really feel like the people in the audience with the big checkbooks are now
• 2:57:32
  in their forties and fifties, not old.
• 2:57:35
  Uh, yeah, they're not, I hate to say baby, they're not interested
• 2:57:39
  in sixties eras, Ferraris.
• 2:57:41
  Like we saw some of the lower cars really not perform that well.
• 2:57:46
  And then if that's the case, shifting tastes, how can a car like this, this
• 2:57:50
  is like lust on wheels, let alone it's competitive history, who had
• 2:57:55
  their backside in the driver's seat.
• 2:58:00
  The, you know, the fact that it wasn't never totally restored.
• 2:58:04
  My mind is blown.
• 2:58:05
  Somebody's got an entry to every event they ever should care to participate in.
• 2:58:11
  And maybe this is a reset of that end of the market.
• 2:58:15
  You know, we'd be, it'll be amazing to see what happens next in the
• 2:58:19
  high ultra highend, uh, market.
• 2:58:21
  But it's, it will be because the e and had coup seems a very, very
• 2:58:25
  long time ago now, doesn't it?
• 2:58:27
  That $143 million Mercedes-Benz, that seems like quite a long time
• 2:58:32
  ago now, way in the rear view mirror.
• 2:58:34
  Yeah.
• 2:58:35
  Well, for the sake of our listeners, what we're gonna do is we're gonna get back
• 2:58:38
  together under less chaotic circumstances and do a postmortem of Mecu Kissimmee
• 2:58:44
  and the Ferraris that crossed the block.
• 2:58:45
  'cause there are a bunch of other Ferrari that we didn't cover that
• 2:58:48
  we are able to capture numbers on.
• 2:58:50
  So you'll go back to your maths there, Dave, and kind of come
• 2:58:53
  up with what things look like.
• 2:58:55
  And then we'll reset and talk about what some of the patterns
• 2:58:57
  look like, what it might mean for the rest of the auction season.
• 2:59:00
  But I cannot thank you gentlemen, enough for sharing booth time with me to, for
• 2:59:05
  coverage here at Mecu Kissimmee, and, uh, look forward to doing it again.
• 2:59:08
  Thank you very much, much.
• 2:59:12
  Nobody sells more than Meum.
• 2:59:14
  Nobody.
• 2:59:15
  Mecom Auctions is the world's leader of collector car vintage and antique
• 2:59:19
  motorcycle and road art sales hosting auctions throughout the United States.
• 2:59:24
  The company had specialized in the sale of collector cars for more than
• 2:59:28
  35 years now, offering more than 22,000 lots per year and averaging
• 2:59:34
  more than one auction per month.
• 2:59:36
  Mecom Auctions is headquartered in Walworth, Wisconsin, and since 2011
• 2:59:41
  had been ranked number one in the world with the number of collective cars
• 2:59:46
  offered at auction, and is host to the world's largest collective car auction
• 2:59:51
  held annually in Kissimmee, Florida, as well as the largest motorcycle auction
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  held annually in Las Vegas, Nevada Mecca's Road Art and Mecca on Time.
• 3:00:01
  Divisions offer a wide variety of collectibles for live and online auctions.
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