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Bonhams Festival of Speed Sale races ahead with $38.4 million
The brutally fast 1954 Ferrari 375-Plus led the pack at £10.7 million ($18.2 million USD). Photo: Bonhams.
LONDON.- Bonhams’ annual Festival of Speed Sale saw spectacular results, with the ‘Fearsome Four-Nine’ Ferrari 375-Plus battled out between bidders, and the hammer finally falling at £10.7 million ($18.2 million USD).

Robert Brooks, Bonhams Co-Chairman, said: “We’ve had a truly diverse range of spectacular motor cars at our Sale this year, causing great excitement in the sale room for both spectator and bidder alike, and achieving an outstanding result.”

“With a total of £22.6 million worth sold in four hours, it’s been another fantastic Festival of Speed for Bonhams”

Bonhams and Goodwood racing car historian Doug Nye, said: “This Sale has offered a phenomenal range of really special and important cars with their various classes. Above all, each of the prime cars offered has links with some of the greatest racing drivers of all time. Names like Jim Clark, Graham Hill, John Surtees and so many more. It’s always a pleasure to see new owners’ delight as the gavel falls. After all, they’re winners too.”

A 1902 De Dietrich - formerly part of the Michael Banfield Collection (over 1,000 lots from which were sold by Bonhams earlier this summer) - achieved at Goodwood today an astounding £998,300 ($1.7 million USD). Few cars can have come to light as spectacularly as this magnificent veteran, which was discovered during World War Two when a German bomb demolished the stable in which it had been sleeping on blocks since 1912. With just four owners from new, the powerful four-cylinder 4078cc De Dietrich is identical in specification to the works racers built for the 1902 Paris-Vienna challenge.

From ancient to modern, the Bonhams sale supplied all tastes. One of the most iconic sports cars of the 20th Century - a 1975 Lamborghini Countach LP400 ‘Periscopio’ Coupé - sold for a new world record £953,500 ($1.6 million USD).





Today's News

June 28, 2014

King Willem-Alexander of the Netherlands reopens Mauritshuis after $40-million revamp

'Monet and the Seine: Impressions of a River' opens at the Philbrook Museum of Art

First major museum show to focus on Magritte's most inventive and experimental years opens in Chicago

'Silver Age: Russian Art in Vienna around 1900' exhibition opens at the Belvedere

'Dennis Hopper: The Lost Album' on view at the Royal Academy of Arts in London

'James Turrell: Light Spaces' celebrates the artist's return to the Israel Museum

Elizabeth A. Sackler elected first woman Board Chair of Brooklyn Museum

Sotheby's to sell magnificent 15th century chandelier dating to the 15th century

Michener Art Museum announces first regional solo exhibition of Bucks County native Steve Tobin

World famous La Brea Tar Pits offer new experiences; Observation Pit reopens

Major exhibition of new and recent work by Barbara Kruger opens at Modern Art Oxford

Brazilian artist Rafael Silveira's first solo exhibition in New York opens at Jonathan LeVine Gallery

Project-based exhibition of Matthew Ronay's meditative daily drawings opens at Andrea Rosen Gallery

New Ways of Doing Nothing: Kunsthalle Wien opens new exhibition

Fine Chinese furniture and paintings achieve top prices at Bonhams San Francisco

Von Lintel Gallery presents the entirety of its program in one summer group show

Laguna Art Museum presents 'John Altoon: Drawings and Prints'

Juergen Teller's first solo show in Athens opens at the DESTE Foundation

Five international design studios invited to address Dresden Museum of Decorative Arts' collection

'From Pre-history to Post-Everything' opens at Sean Kelly Gallery in New York

Bonhams Festival of Speed Sale races ahead with $38.4 million

Heritage auctions part I of Gardner collection for $19.6 million

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5.- Smithsonian releases Learning Lab for everyone to use museum resources

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9.- The National Gallery explores great paintings from a unique perspective

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