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Artcurial's Le Mans Classic auction suffers from effects of Brexit

Artcurial's Le Mans Classic auction suffers from effects of Brexit Classic and Performance Car

Porsche 935 tops the Artcurial sale at €1.3m as Brexit uncertainty keeps UK buyers at home

Artcurial has hosted a relatively high profile auction at the Le Mans classic ever since 2010, but 2016 has not represented many great results for the French auction house. Despite more than €9m in total sales and a sale rate of 73 per cent, the big-ticket cars such as the hugely desirable 1961 Ferrari 250 GT SWB Berlinetta failed to find a home.

Artcurial put this down to a lack of British buyers in the room. Matthieu Lamoure, Managing Director, Artcurial Motorcars commented: ‘Despite the glorious sunshine, our great friends the British collectors were sadly missing. Although the sales results reflected the effect of Brexit somewhat, we were delighted by the public’s appetite for competition cars during the amazing display at Le Mans Classic, evidence of the strength of passion for the automobile.’

The top selling car of the sale was a rather special Porsche 935, hammered down by an emotional Hervé Poulain – who had driven the car during the 1980 Le Mans 24 Hours. Selling to a US buyer, the Porsche sold for an on estimate €1.3m.

Some cars received considerable attention, including a 1937 Bugatti Type 57 Ventoux Factory coach. After a bidding war between two telephone bidders, this pre-war French gem sold for double the estimate at €524,500.

Although cars were at the forefront, Artcurial also managed to sell a number of intriguing automobilia items at the auction. Perhaps most interesting was a three-piece suit previously owned and worn by Steve McQueen, which made €10,400.

Ferrari 250 Classifieds

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