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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 ]
2005 model. Ultima focused their marketing efforts on record-breaking activities using a model equipped with a 640 bhp (649 PS; 477 kW) American Speed engine, called the Ultima GTR640, and subsequently, a 720 bhp (730 PS; 537 kW) at 6700 rpm and a maximum torque of 855 N⋅m (631 lb⋅ft; 87 kg⋅m) at 4400 rpm Chevy V8 engine called the GTR 720. [5]
Genuine LS6 convertibles typically fetch between $150,000 and $200,000, with some notable cars, such as the Ray Allen Truppi-Kling race car, reaching $1.2 million at auction. 6. 1971 Pontiac GTO ...
As of 2016, Mecum auctions 15,000 vehicles annually, ranging from muscle cars to pre-World War I vehicles, with annual sales of $300 million. [29] [30] The company specializes in muscle cars from the 1950s to 1970s. [31] By 2017, the company had added separate auction events dealing solely with motorcycles and farmer tractors respectively.
A roundup of the 10 cars heading to auction at Monterey Car Week 2024 ... Gooding & Company. ... While the original engine is included in the sale, this car is currently running a 3.0-liter ...
RM Sotheby's is a collector car auction company headquartered in Blenheim, Ontario, Canada, with offices across the United States, Europe, and the Middle East.The company specializes in the sale of classic, vintage, sports, and exotic cars, and is responsible for the sale of seven of the top ten most expensive cars ever sold at auction.
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.
The preferred engine supplier for Ultima is currently American Speed, a company that specializes in re-engineering Chevrolet V8s for increased performance. It was with a 640 hp (480 kW) version of the Chevrolet small-block V8 built by American Speed, that company director Richard Marlow was able to set performance records in an Ultima GTR ...
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