1972 L&M 917/10 sold for $5.5M at Mecum.
Who bought it, and why did it sell for more than the 917/30 at Amelia Island?
A $4.4M 917/30 looks like a screaming deal from where I'm sitting...
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1972 L&M 917/10 sold for $5.5M at Mecum.
Who bought it, and why did it sell for more than the 917/30 at Amelia Island?
A $4.4M 917/30 looks like a screaming deal from where I'm sitting...
I was wondering who that buyer was too.... I didn't recognize the guy as a celeb or athlete...
917/30 at Amelia never turned a cam in anger. No race. No wins. No nothing.
To me $5.5 looks like the screaming deal. I thought it would go for quite a bit more. This car was a bona fide legend.
No explanation for the Amelia sale except that two people with deep enough pockets really wanted it, lack of history or not.
Amalfitano's Interserie 917 brought $3.9M at Bonhams two years ago... but this thing is truly iconic. $5.5M is very well bought.
BTW, I noticed that the L&M 917/10 seller took home the lovely and unique McAfee/Devin Monza for just $105,000. Neat little car.
And I'm sure everyone saw Bill Rutan's hillclimb special stall at a mere $62,000. Not sure what happened there.
they just replayed that auction on Velocity.... that car flew up to $5.5million in about 30 seconds... That has to be the fastest auction for a car at that price I've ever seen.. Usually, it takes some time to build up to big amounts like that.... Amazing!
First, Tom, your post sig is getting ridiculously loooooooong.
Second, I thought the /30 from Amelia was the Otis Chandler car which was the '73 Donohue/Sunoco/Penske car.
I guess the confusion is why it only made it to 4.5M ... There's only one L&M '72 /10.
Maybe I'm just bitter that Folmer won the '72 championship in someone else's car.
You should have seen RM and Gooding auctions so far. Absolute record prices across the board. The opening bid on the 250 Ferrari Cal Spyder was $7,000,000 (it eventually sold for $10.2 mil plus buyers premium which ends up being over $11mil!) Just some initial impressions are that 50s-70s European sport (road and race) cars are still demanding big, big bucks and rightfully so. These auctions present the cars so well and do an amazing job bringing in all the right buyers with deep pockets. At the end of the night David Gooding said that tonight alone, they sold over $60 million worth (and tomorrow night is really the big night!)
Gooding auctioned the ex-Mathew Drendel car = 917/30-004, the last factory-built /30, intended for Penske-Sunoco's '74 Can Am effort . . . and we know how that turned out. Ended-up going to A Hamilton, Porsche's Ozzie importer, then owned/re-liveried by Porsche, subsequently sold to D Morse, then M Drendel, now owned by J Seinfeld?
The '73 Penske-Sunoco Can Am champion is 917/30-003, ex-Otis Chandler, last reported owned by J Setton?. This car also held the World's closed-course speed record (221-and-change) for some years