Tag Archive for: Auction

Motorlux 2022

Motorlux and Broad Arrow Group Monterey Jet Center Auction Partner to Offer Premium Ticket Package and Access

Motorlux and Broad Arrow Group Monterey Jet Center Auction Partner to Offer Premium Ticket Package and Access

TRAVERSE CITY, Mich., July 15, 2022 – Motorlux, the reimagined McCall’s Motorworks, includes exclusive access to the first-ever Broad Arrow Group Monterey Jet Center Auction. All Motorlux ticket holders can preview the auction vehicles during the event on Wednesday, August 17. Lux Premium tickets also include admission to the auction (a $200 value) held on Thursday, August 18, providing access that is normally reserved for consigners, registered bidders and their guests.

Motorlux 2022

Motorlux 2022

“The Broad Arrow Group is thrilled to bring auction action to the Monterey Jet Center the day following – and in partnership with – this year’s Motorlux event,” said Kenneth Ahn, President, Hagerty Marketplace and CEO, Broad Arrow Group. “It is the perfect combination of people, place and passion – our clients and friends from around the world, an inspiring setting and an incredible offering of cars.”

Highlights from more than 90 auction vehicles include the personal Aston Martin DB5 of legendary actor and icon, Sir Sean Connery. The 1964 Aston Martin DB5 will be offered directly from the Connery family, who have committed to donating a significant portion of the sale proceeds to benefit the Sean Connery Philanthropy Fund.

Pre-war automobile enthusiasts will appreciate the unique and outstanding 1939 Mercedes-Benz 540K Spezial Roadster. As one of the true crown jewels of the Classic Era of motor cars, arguably no automobile symbolizes the pinnacle of design, engineering and construction among the Classic Era cars better than the supercharged Mercedes-Benz 540K Spezial Roadster. Incredibly rare, stunningly beautiful, a cherished centerpiece for collectors worldwide – chassis 408383 is the perfect representation of those enviable qualities.

Additional highlights include a 2012 Lexus LFA Nürburgring, one of 50 produced. The single-owner LFA is finished in orange and has only covered about 1,200 miles since delivery. Porsche fans will enjoy viewing the 1987 Porsche 959 Komfort and BMW aficionados will appreciate the 1981 BMW M1. Both rare and highly collectible German supercars represent the pinnacle of 1980s automotive engineering.

Motorlux Ticket Packages Available Now

Ticket packages are available at the Motorlux Onsite parking is included with all ticket packages, adding a new level of convenience and exclusivity to the evening.

The Lux Pass includes an up-close look at some of the world’s most impressive airplanes and automobiles, preview of the inaugural Broad Arrow Group auction, farm-to-table culinary stations, interactive entertainment, convenient self-parking at the Monterey Pines Golf Club as well as an open bar with signature cocktails and locally inspired refreshments.

The Lux Plus ticket includes all the Lux Pass accommodations plus early entry starting at 5:00 pm Pacific, one hour before the event opens. In addition, Lux Plus holders can access the exclusive Lux Lounge featuring an open bar with curated cocktails and gourmet culinary stations from California’s esteemed chefs.

Lux Premium ticket holders will enjoy all the Lux Plus extras plus upgraded parking on the tarmac and admission to the Broad Arrow Group Auction, showcasing 80 exceptional motor cars, on Thursday, August 18.

About Motorlux

Motorlux is a fresh take on Monterey Car Week’s hangar party with a focus on cars, craft and community. Returning to the Monterey Jet Center on August 17, 2022, Motorlux remains faithful to its entertaining and elegant roots while elevated with artfully curated experiences celebrating automotive, aviation, fashion and design. For more visit the Motorlux website at Motorlux.com.

About Broad Arrow Group

Broad Arrow Group and its subsidiaries — Broad Arrow Auctions, Broad Arrow Capital, and Collectors Garage — represent the collective vision of its founders, team members, and partners — to be the best advisor, marketplace, and financier for car collectors, with integrity, trust, and innovation. Broad Arrow Group was founded in 2021 to develop and operate a portfolio of businesses and brands that address the needs of various segments of the collector car market and to transform the collector car industry.  In January 2022, Hagerty (NYSE: HGTY) made a strategic investment and became a joint venture partner for Broad Arrow Group. Learn more at broadarrowgroup.com.

About Hagerty, Inc. (NYSE: HGTY)

Based in Traverse City, Michigan, Hagerty’s purpose is to save driving and car culture for future generations and its mission is to build a global business to fund that purpose. Hagerty is an automotive enthusiast brand offering integrated membership products and programs as well as a specialty insurance provider focused on the global automotive enthusiast market. Hagerty is home to Hagerty Drivers Club, Hagerty DriveShare, Hagerty Valuation Tools, Hagerty Media, Hagerty Drivers Club magazine, MotorsportReg, Hagerty Garage + Social, The Amelia, Detroit Concours d’Elegance, Greenwich Concours d’Elegance, California Mille, Motorlux, Hagerty Drivers Foundation and more. For more information on Hagerty, please visit https://www.hagerty.com/, or connect with us on FacebookInstagram and Twitter.

RM Sotheby’s | The Most Valuable Car in the World Mercedes-Benz 300 SLR Uhlenhaut Coupé soldfor an all-time record price of 135 million EUR to establish “Mercedes-Benz Fund”

  • All time record: One of two ultra-rare original 300 SLR Uhlenhaut Coupés from the Mercedes-Benz Classic Collection has been auctioned for 135 million EUR to a private collector, making it the most valuable car of all time.
  • Using this value to drive change: The proceeds will be used to establish a worldwide “Mercedes Benz Fund” that will provide educational and research scholarships in the areas of environmental science and decarbonisation for young people.

Stuttgart.  A Mercedes-Benz 300 SLR Uhlenhaut Coupé from 1955 has been sold at auction for a record price of 135 million EUR to a private collector. This icon of automotive history is an absolute rarity – one of just two prototypes built at the time. Named after its creator and chief engineer, Rudolf Uhlenhaut, it is considered to be one of the finest examples of automotive engineering and design by automotive experts and enthusiasts worldwide.

“The 300 SLR Uhlenhaut Coupés are milestones in sports car development and key historical elements that have shaped our brand. The decision to sell one of these two unique sports cars was taken with very sound reasoning – to benefit a good cause. The proceeds from the auction will fund a global scholarship programme. With the “Mercedes-Benz Fund” we would like to encourage a new generation to follow in Rudolf Uhlenhaut’s innovative footsteps and develop amazing new technologies, particularly those that support the critical goal of decarbonisation and resource preservation,” says Ola Källenius, CEO of Mercedes-Benz Group AG. “At the same time, achieving the highest price ever paid for a vehicle is extraordinary and humbling: A Mercedes-Benz is by far the most valuable car in the world.”

Historische Aufnahmen des legendären Mercedes-Benz 300 SLR Uhlenhaut Coupé.

“As a global company and as a luxury brand we bear a great level of responsibility towards society,” says Renata Jungo Brüngger, Member of the Board of Management of Mercedes-Benz Group AG for Integrity and Legal Affairs, who is responsible for the governance of the “Mercedes-Benz Fund“. “The proceeds from the sale of the 300 SLR Uhlenhaut Coupé provide us with a unique opportunity to strengthen our commitment with a long-term flagship project: We will establish the global scholarship programme “Mercedes-Benz Fund” supporting young people in their studies, commitment and actions towards a more sustainable future. We are convinced that access to education in these areas will be crucial in encountering the great challenges of our time and contribute to greater stability, prosperity and social cohesion.”

Ola Källenius, Vorsitzender des Vorstands der Mercedes-Benz Group AG und Renata Jungo Brüngger, Mitglied des Vorstands der Mercedes-Benz Group AG für Integrität und Recht vor dem Mercedes-Benz 300 SLR Uhlenhaut Coupé bei „The Economics of Desire“ an der Côte d’Azur

Seed capital for scholarship programmes from proceeds

The proceeds from the auction of the 300 SLR Uhlenhaut Coupé serve as seed capital for the global initiative. Mercedes-Benz is committed to investing additional resources in the coming years. The “Mercedes Benz Fund” will be divided into two sub-categories: University Scholarships in order to connect, educate and encourage students to realize/conduct research on environmental science projects and School Scholarships focussing on pupils to realize local environmental projects in their communities. The programme funds will be directed to individuals who otherwise do not have the financial means for their projects and career paths. The programme will go beyond financially supporting the young people and include extracurricular elements like Mercedes-Benz mentorships opening up new career prospects. The “Mercedes Benz Fund” will be jointly developed with and managed by an experienced partner which is currently being evaluated. The detailed set-up and roll-out planning as well as the partner organisation will be announced later this year.

Das Motiv zeigt eines der beiden 300 SLR Uhlenhaut Coupés zusammen mit dem Erfinder Rudolf Uhlenhaut. Dieses Fahrzeug ist im Mercedes-Benz Museum ausgestellt.

History and auction of 300 SLR Uhlenhaut Coupé

The sale of the 300 SLR Uhlenhaut Coupé took place on May 5th at an auction held at the Mercedes-Benz Museum in cooperation with renowned auctioneer RM Sotheby’s. The invitees were among selected Mercedes-Benz customers and international collectors of cars and art, who share the corporate values of Mercedes-Benz. The 300 SLR Uhlenhaut Coupé sold at auction was part of the non-public vehicle collection belonging to Mercedes-Benz Classic, comprising more than 1100 automobiles from the invention of the automobile in 1886 until today.

“We are proud that we can contribute with our historical collection to this initiative connecting the past with the future of engineering and decarbonisation technology”, says Marcus Breitschwerdt, Head of Mercedes Benz Heritage. “The private buyer has agreed that the 300 SLR Uhlenhaut Coupé will remain accessible for public display on special occasions, while the second original 300 SLR Coupé remains in company ownership and will continue to be displayed at the Mercedes-Benz Museum in Stuttgart.“

Offert-Zeichnung zu dem wertvollsten Auto der Welt: Das Mercedes-Benz 300 SLR Uhlenhaut Coupé.
Quotation drawing of the most valuable car in the world: the Mercedes-Benz 300 SLR Uhlenhaut Coupé.

The special circumstances behind its creation, its unique design and its innovative technology have endowed the 300 SLR Uhlenhaut Coupé with a remarkable level of mystique that endures to this day. The design of the 300 SLR Uhlenhaut Coupé set benchmarks that put it among the world’s most significant automotive icons – not least on account of its distinctive “gullwing” doors. Added to this is the outstanding performance delivered by its thoroughbred racing technology. Together, both have secured the 300 SLR Uhlenhaut Coupé its acclaimed position in sports car mythology and a very special place in the hearts of Mercedes fans around the world.

More information about the Mercedes-Benz 300 SLR Uhlenhaut Coupé is available in our web special.

Lamborghini NFT Space Time Memory on auction with the start of the lunar year. A bridge between the physical and the digital world, this project celebrates human space exploration

Lamborghini NFT Space Time Memory on auction with the start of the lunar year. A bridge between the physical and the digital world, this project celebrates human space exploration

Lamborghini NFT Space Time Memory on auction with the start of the lunar year. A bridge between the physical and the digital world, this project celebrates human space exploration

Lamborghini NFT Space Time Memory on auction with the start of the lunar year. A bridge between the physical and the digital world, this project celebrates human space exploration

Sant’Agata Bolognese27 January 2022 – Auction details for the first-ever NFT (non-fungible token) of Automobili Lamborghini are now confirmed. Lamborghini has partnered with NFT PRO and RM Sotheby’s and will receive bids on the five pairs of physical and digital artworks by the renowned artist Fabian Oefner between February 1st, the first day of the new lunar year, and February 4th. The auction for the first of the five NFTs will take place on nft.lamborghini.com start at 4:00 pm CET, while each of the other auctions will start and end 15 minutes later then their preceding one. Every auction will last for 75 hours and 50 minutes, the exact time it took Apollo 11 to leave Earth and enter the moon’s orbit – not the only reference to human space exploration.

The physical artwork, the Space Key, contains carbon fiber pieces that Lamborghini sent to the International Space Station back in 2020, as a part of a joint research project. Engraved with a unique QR code, these carbon fiber parts link the digital element, are a series of five photographs of a Lamborghini Ultimae, lifting off toward the stars. The images depict five separate moments within seconds from each other as the car rises above the earth. Its parts, the engine, the transmission, the suspension and hundreds of nuts and bolts are shooting away from the chassis like the exhaust flame of a rocket.

What may look like a computer-generated image is in fact entirely created from elements of the real world: the artist captured more than 1500 individual parts of a real car. The photograph of the earth`s curvature was made by sending a weather balloon equipped with a camera to the edge of the stratosphere. The artist then carefully assembled all of these images into an artificial moment in time. Each of the five NFTs has more than 600 Million pixels. As one starts to zoom in, hidden details of these hyperrealistic photographs are revealed. The resolution is so enormous, that you can read tiny markings on the firing order of the V12 engine or marvel at the different milling patterns on the transmission cog wheels. The longer you look at the composition, the more secrets you discover…

The artist, Fabian Oefner, on the idea behind his creation: “For me, ‘Space Time Memory’ is an analogy to the memories we make in life. Memories are rooted in the physical world; we make them in reality. We then store them in our brains, what could be considered the digital world. I often wonder, what is more precious to me, the actual moment or the memory of that moment? Analog to that, I wonder with the ever-increasing amount of digital realities around us, what is more precious, reality itself or the copies and derivatives of it, that exist in the digital universe.”

At the start of the project, Oefner meticulously studied the engineering plans of the Lamborghini Aventador Ultimae and created an accurate sketch of what the final photograph will look like. Based on that sketch, Lamborghini prepared all the necessary parts and components of a production ready Ultimae. The pieces were then photographed by Oefner and his team in a makeshift photo studio right next to the production line at the Lamborghini Factory in Sant’Agata Bolognese. Upon his return to his studio in the US, where the artist works and lives near New York City, he combined the countless images into the composition envisioned in the sketch. It took Oefner and his team more than 2 months to create a moment, which is shorter than the blink of an eye.

“We’re thrilled to have been chosen as preferred NFT partner by such an iconic brand as Lamborghini and incredible artist, Fabian Oefner”, says Christian Ferri, CEO of NFTPro™. “We pride ourselves for being the #1 enterprise NFT solution in the market, serving the largest category leaders in the world, and working with Lamborghini and Fabian Oefner validates even further our position. Our company is committed to supporting Lamborghini throughout the NFT journey and are humbled to be working with such a visionary team in the years to come”.

What are NFTs?

NFTs (non-fungible tokens) are unique identifiers recorded on a distributed ledger known as Blockchain and tied to a digital asset such as pictures, videos, music, or other records (e.g. vehicle VIN numbers). Each token is unique, allowing their owners to guarantee asset authenticity, scarcity, programmability and trackability over the internet.

About Fabian Oefner

Fabian Oefner’s work explores the boundaries between time, space and reality. He creates fictional moments and spaces, that look and feel absolutely real, yet aren’t. Through this, Oefner dissects the different components of reality and gives us a clearer understanding of how we perceive and define it. Inspired by science, Oefner’s approach to art is highly methodical and at the same time playful for unexpected moments to happen. He creates carefully orchestrated works, that are planned down to the last detail as well as pieces, that use a loose framework for art to happen.

About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction. 2022 has seen RM Sotheby’s move into offering NFTs, collaborating with both clients and partners, working alongside NFT PRO, to bring to market leading NFT projects that have a strong automotive theme.

About NFT PRO

NFTPro™ is the #1 enterprise white label NFT solution for global brands, making NFT campaigns seamless, easily executed, and on-brand. Thanks to an enterprise-grade platform, proprietary methodology and enterprise-level support, they help global enterprises strategize, create, sell, and distribute NFT-based digital authentic assets to engage communities, drive new revenue streams, and boost cross-sales of physical products while ensuring full company control, sustainability, and global regulatory compliance.