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This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2] By 1966, Manheim Auto Auction established itself as the world's volume leader, selling off 45 vehicles per hour or 700 cars/trucks on a given Friday night at the 16-laned auction.
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
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. According to him, "The tenants started calling me in the middle of the night to fix ...
The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
In 2000, Bonhams became Bonhams & Brooks when it was acquired by Brooks auction house. [2] Brooks had been founded in 1989 by the former Head of Cars at Christie's, Robert Brooks who specialized in the sale of classic and vintage motorcars. Brooks continued a major acquisition programme aimed at creating a new international fine art auction house.
It includes only companies that are devoted exclusively to producing sports cars. A sports car is an automobile designed for performance driving; however the exact definition is subject to debate. Most automakers have produced, or are currently marketing, some type of sports vehicles.
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