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Vintage Race Cars For The Win
Good Morning! We all knew that our blue line would be high, but to be honest, it could have been higher—more on the WOB Collection below. But race cars aside, we would have been at just over $1m in dollar volume with a similar sell-through rate ending the week on a decent note.
THE MARKET
Sell-Through Rate (STR): 63%
Market Volume ($): $3,790,658
Market Volume (Units): 27
TOP SALES
1976 Porsche 934 Race Car $1,550,000 Bring a Trailer
1995 Porsche 911 GT2 Race Car $800,000 Bring a Trailer
2019 Porsche 911 Turbo S Cab. Exclusive Series $285,000 Bring a Trailer
1987 Porsche 911 RSR-Style Backdate 3.8L $230,000 PCARMARKET
1979 Porsche 911SC Race Car $165,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT: BRING A TRAILER
Instead of breaking down a single car in today’s Spotlight, I’d like to look at the WOB Porsche 75th Anniversary Race Car Collection as a whole. The collection consisted of nine Porsche race cars ranging from Factory built and raced pieces of history to track-prepped examples styled in famous liveries.
The collection brought in a total dollar volume of $2,706,914 and sold through at a rate of 56%. What was interesting to me was the breakdown between the types of cars that sold vs. those that remained unsold. The split clearly is between modern cars and vintage.
All three modern GT3 RSRs were previous Falken Tire team cars, with two having a race history in the American Le Mans Series and one being used for testing. Both cars with series race history were bid to ~$500,000, while the test car saw a high bid of $325,000.
Of the vintage cars, three were track-prepped without period race history but were prepared in a manner to meet vintage race requirements and featured FIA Historic technical passports and CSAI technical passports. All three cars were very well bought, with the 914 bringing an astonishing $56,914—definitely the buy of the bunch for me.
The other three vintage cars on offer were a part of Porsche's racing history. This 1995 911 GT2 was campaigned at the 1995 24 Hours of Daytona and was driven by David Murry, Bernd Maylander, and Hurley Haywood, finishing second in class and fourth overall. It sold for a new five-year high at $800,000.
The Coka-Cola liveried 935, however, failed to sell at a high bid of $1,450,000, with a vast history, including the 24 Hours of Daytona driven by Bob Akin. When looking at recent comps, the seller was right not to let this one go.
But the crown jewel of the collection was this Le Mans-Class-Winning 1976 934. Campaigned in the 1976 German National Championship by Porsche-Kremer Racing, it won its class in the 1977 24-Hour Classic at la Sarthe as well as the 6 Hours of Silverstone in 1978. For $1,550,000, someone took home a real piece of history and entry into any event they want. Well done.
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