Pinnacle Portfolio sells for $67 million to become world's most valuable car collection

Monterey Car Week's auctions began on a positive note tonight when the Pinnacle Portfolio became the most valuable single owner car collection ever sold at auction. Sales from the 25-car auction totaled more than US$67 million, exceeding the previous record by nearly 25 percent. The top sellers were a 1964 Ferrari 250 LM, which sold for $17,600,000, and a 1998 McLaren F1 "LM-Specification", which sold for $13,750,000. Nearly half the cars in the collection set new world records for the models.

.. Continue Reading Pinnacle Portfolio sells for $67 million to become world's most valuable car collection

Section: Automotive

Tags:

• RM-Sothebys
• Auction
• Toyota
• Porsche
• Jaguar
• Maserati
• Ferrari
• McLaren
• Bugatti
• Koenigsegg
• Mercedes-Benz
• Lamborghini
• Saleen

Related Articles:

• Camless combustion engine may improve ICE efficiency
• Koenigsegg builds on experience with 1,160-hp Agera RS
• Koenigsegg smashes its own 0-300-0 km/h record
• Koenigsegg CCR Breaks World Speed Record for Production Cars
• Koenigsegg creates a new breed of hyper-hybrid with 1,500-hp, transmission-less Regera
• In pictures: Performance cars and exotics of the 2015 Geneva Motor Show

from Gizmag Emerging Technology Magazine http://ift.tt/1LajP1c