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Trophy of the ACA-sanctioned American Grand Prize. In 1908, the AAA increased their membership dues, leading to a falling out with the ACA. The Automobile Club of America (ACA) created the American Grand Prize, the first traces of Grand Prix style racing in the U.S. along, and in competition with, the then established Vanderbilt Cup – sanctioned by the AAA's Racing Board.
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]
Constellation Automotive Group is a used vehicle marketplace. It was founded in the United Kingdom in 1946, as Southern Counties Car Auctions, and was a publicly traded company, BCA Marketplace, when acquired and taken private by TDR Capital in November 2019.
Buying a car at auction requires a whole new set of rules and things to watch out for, whether it's a government or law-enforcement auction or one with vintage and high-end cars meant for collectors.
Gooding & Company serves as the official auction house of the Pebble Beach Concours d'Elegance; the weekend’s auctions are pivotal to the global collector car market, revealing trends in pricing and taste. [5] Since its inception, the company has broken numerous world records for cars at auction. [6]
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. The company hosts various auction events across the United States.
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