Auction of one-of-a-kind Porsche!
A much-hyped car auction sputtered out in the weirdest way Saturday. A 1939 Porsche “Type 64,” the only of its kind still existing, was expected to sell for around $20 million at an auction by RM Sotheby’s BID, +0.52% in Monterey, Calif., on Saturday night. Auction-goers heard bidding start at $30 million, then $40 million, and as the now-abuzz crowd gasped and cheered, it quickly zipped up to $70 million — a record price for any car auction....
Filed under: Motorsports,Racing Vehicles
Indy 500: When it starts, how to watch, betting odds for 'The Greatest Spectacle in Racing' originally appeared on Autoblog on Sat, 18 May 2024 12:00:00 EDT. Please see our terms for use of feeds.
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General Motors has officially agreed to sell its Opel and Vauxhall brands to the PSA Group as the Detroit automaker attempts to stanch more than a decade of staggering losses in Europe.
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