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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.
The Pangra was based on the Ford Pinto, a car which came about prior to the 1970s oil crisis and the subsequent move away from muscle cars.Jack Stratton, the Pangra's creator, wanted to build a fast, compact car that could compete with cars such as the Porsche 914 and Datsun 240Z.
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]
During that time, he was approached by a prospective buyer who eventually declined the $500,000 sale price, which represented the amount of debt Mecum owed. [3] The company auctioned its 50,000th vehicle in 2008. [6] Mecum Auctions was headquartered in Marengo for years, [7] [6] before relocating to Walworth, Wisconsin in 2011. [8]
The car was put up for sale again by RM Auctions at their London sale on 26 October 2010, with a guide price of £480,000 – £550,000. [3] The car was on display at the Museo Ferrari in 2012, as part of a show of Pininfarina's ten greatest designs. [4] In July 2015, the Pinin was listed for sale on Hemmings.com with an asking price of US$795,000.
Shay Motors Corporation was an automobile company founded by Harry J. Shay in February 1978 as the Model A & Model T Motor Car Reproduction Corporation. [1] Harry Shay arranged with Ford Motor Company to build a limited run, modern-day reproduction of the Ford Model A Roadster, with a rumble seat, that was to be sold through the network of Ford Automobile Dealers and built in Battle Creek ...
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