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Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.
Typical auctions are held in outdoor locations where prospective bidders can inspect and bid on cars directly in an "auctions in the round” format. [ 6 ] [ 7 ] At a 2010 event, an 800-foot-long auction tent fell over due to strong winds, striking several cars and causing an estimated $1.5 million in damages. [ 8 ]
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
After the live auction world's hiatus caused by the COVID-19 pandemic, Gooding & Company made headlines by selling the top two cars at auction in 2021 at its Pebble Beach Auctions: the 1995 McLaren F1, sold for over 20 million dollars, and the 1959 Ferrari 250 GT LWB California Spider Competizione, sold for over 10 million USD.
That year, a second U.S. auction site was added at the Petersen Automotive Museum in Los Angeles, [10] [58] which ran until 2004. [59] In 2003, Barrett-Jackson opened another annual auction site in Palm Beach, Florida, [6] [60] where it continues as of 2023. [61] It is held annually at the South Florida Fairgrounds, [62] typically in late March ...
Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .