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Classics Gallop Away At Silverstone Sales

A stunning 1972 Ferrari 365 GTB/4 Daytona selling to a room full of applause for a premium inclusive £540,000 was one of the highlights of Silverstone Auctions’ inaugural Sale of Ferraris. It was one of several ‘Prancing Horses’ that fetched six figure sums in the event which saw 70 per cent of the cars on offer finding new homes in the debut one-make sale held in association with the Ferrari Owners’ Club of Great Britain.

“We’re incredibly pleased with the results of our sales this weekend,” comments Nick Whale, managing director, Silverstone Auctions. “With much of the nation’s focus on events at Windsor and Wembley, coupled with the fact that our Sale of Ferraris was our first ever, it was always going to be tough going. However, to have achieved sales of over £1 million more than at our May Sale last year really is a great achievement and shows that demand for best of breed classics remains incredibly strong.”

In addition to the Daytona, other highlights of the Sale of Ferraris included a 2000 Ferrari 550 ‘World Speed Record’ selling for £146,250, a 1964 330 GT Series 1 also fetching £146,250, and a 1978 512 BB selling for more than £30,000 over its lower estimate for £140,625.

“With the demand for great classics remaining strong, our attention will now turn towards our highlight sale of the year at the Silverstone Classic Festival in July,” adds Nick. “As the world’s biggest classic motor racing festival I’m sure it will once again be a fantastic event. Reflecting this, we will have a limited number of spaces available in our competition and classic car sales for the very finest motor cars so if you are interested in submitting an entry, we’d recommend getting in touch as soon as possible.”

Quality entries are now invited for the Silverstone Classic sales with a competitive 5%+VAT seller’s commission.

For details of the Silverstone Classic sales and the full results from the latest auctions, visit www.silverstoneauctions.com.

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