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The Simeone Foundation Automotive Museum is an automotive museum located at 6825 Norwitch Drive in Philadelphia, Pennsylvania. [1] The museum's collection consists of approximately 75 racing sports cars and has been assembled over more than 50 years by Frederick A. Simeone, a retired neurosurgeon and native of Philadelphia.
Look no further than the Monterey-Pebble Beach Car Week in August, where total classic car sales reached $469 million, Yahoo Finance reported — a gain of more than one-third from the previous year.
By 1965, its owner was ready to take $2300 for a car Gooding now expects will hammer for $5 million to $6 million. A Porsche 550 Spyder on auction was running Le Mans and the Nürburgring in 1957.
An example would be the Ferrari 330 TRI/LM Spider that was sold for $9.25 million in 2007, which was the 1962 winner of the 24 hours classic. [16] Note that sportscar racers makes up the majority of competition cars on the main list. A car associated with a famous person adds value to its price. [17] Examples are:
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
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Since then, Team Maple Grove has won 12 championships (the latest in 2010), the most for any track in the nation. At the Pennsylvania Dutch Classic, the legendary Jim “Jungle Jim” Liberman wins the Funny Car title over teammate Roy Harris. 1977 – Top Fuel driver Bob Edwards dies during the semifinals at the Dutch Classic. Raymond Beadle ...
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s.