JUL 26th 2014

Silverstone Classic auction part one... Our highlights

Silverstone Auctions

We like an aeroplane here at Goodwood Road & Racing. Our office may overlook the Goodwood paddock, but it also backs on to the aerodrome. Not that we’re there right now… some of us are here at the Silverstone Classic, others at the Spa 24-hour. So we felt right at home at the Silverstone Auctions sale, where there were two planes for sale.

The first to go on sale was a 1976 Hawker Siddeley Harrier GR3 jump jet. The engine was separated from the plane but included in the sale and it was the auctioneer’s belief that it could fly again in the States (but not in the UK, where it would be unable to get the necessary paperwork). Frenzied bidding saw the price rise from the mid-£60k start to a hammer price of £92,000. The hammer fell just as the cars from the Mustang Celebration Trophy roared past the auction room window, as if to add to the drama. The next plane, a 1988 Panavia Tornado F3, wasn’t present and sold for a surprisingly modest £32,000. Not that we really know what a static Tornado ought to sell for…

Mixed results for SL Pagodas

There were three Mercedes SL Pagodas in the sale, with varying estimates. The first, a white car with a red interior, was estimated to sell for £35,000 to £40,000, and went to sell for £32,000. The next car, a one owner machine that comes rust-free from South Africa, had a more modest estimate (£22,000 to £26,000) but ended up selling for a higher figure: £36,000. The highest Pagoda bid went to a car that had just been subject to a £38k rebuild. The hammer fell at £46,500 for that car.

Silverstone Auctions

 

Alfa Romeo Junior Zagato smashes estimate

When we saw the estimate for a lovely 1971 Alfa Romeo 1300 GT Junior Zagato (to give it its full name) at £13,000 to £16,000, we immediately begun to wonder just how great it would look parked outside the GRR offices. Surely if we all chipped in, we could afford enough for a dedicated set of wheels for lunctime runs to Chichester? Sadly not… it bust right through the estimate and sold for £21,500.

Silverstone Auctions

‘Goodwood friendly’ Marcos GT Xylon finds buyer

We have a huge soft spot for the Marcos Xylon; there’s something wonderful about a quirky, ugly British sports car that’s actually very competitive. This is the car in which Jackie Stewart won his first race, meaning it has terrific provenance for the £36,500 hammer price. One selling point was that the car already has an invitation to the Jackie Stewart celebrations at this year’s Revival. It needs work, and we just hope it’s ready in time for September.

Silverstone Auctions

It was actually the only racing car to sell during the auction. We thought that the 1965 Chevrolet Corvette Stingray would find a buyer (especially as it now has FIA papers, unlike its appearance at auction last year). Sadly it attracted no bids. The ex-John Surtees Lotus 18 did attract bidding (up to £52,000) but it wasn’t enough to secure the sale. A pity, as Surtees signed the car last night!

Silverstone Auctions

Strong bids on Healey Silverstone

This one caught our eye when we entered the auction room. We quite literally walked straight past a line of classic Porsche 911s for a closer look. And this example stood up to close inspection thanks to a recent, and very thorough, restoration. Thanks to their rarity (only 150 were built) and quality, these cars appreciate year on year, and this one popped out the top of its estimate (£160,000 to £180,000) with a hammer price of £185,000. It’s no doubt a solid investment for its lucky new owner.

Silverstone Auctions

With 64 lots in all today (and more tomorrow), there was plenty more to tempt. The full results (and final prices – remember, these are hammer prices that don’t include the buyers’ premiums) will appear on the Silverstone Auctions website in due course.

Historic racing fan? Then step this way for the latest Revival news …

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