Villa d'Este auction raises £20m


The words 'car auction' conjures up images of a draughty barn on the edge of town with local car dealers scratching their noses and glaring each other as they tussle over a low-mileage Mondeo.

But we imagine the sale at the Concorso d'Eleganza Villa d'Este was a little more glamorous than that, with total proceeds raised reaching almost £20m (€23m).

A total of six cars made over a million Euros each, with the highlight being a 1955 Ferrari 375 MM Berlinetta that went for £2.91m (€3.36m). Not far behind was a 1938 Talbot-Lago T150-C SS Teardrop Coupé which sold for £2.69 (€3.1m).

As one might expect from a glitzy location on the shores of Lake Como, that most classic Italian marque Ferrari was popular, with a 1959 Ferrari 250 GT LWB California Spyder and a 1957 Ferrari 500 TRC Spider also proving popular, selling for £2.16m and £2.42m respectively.

For those that couldn't make it to Lake Como for the sale, RM Auctions is due to hold another at the equally exotic Salon Prive, which is due to take place at the Syon Park estate in West London. Buyers there will be able to pick from classic Aston Martins, Bentleys and Rolls Royces on 23 June.