According to Gooding & Company, the consignor has pledged the proceeds of this sale to go to his old school, Rose-Hulman Institute of Technology in Terre Haute, Indiana. This particular auction is an interesting story. The team from Woking conjured up 903 horsepower from a hybrid combo, of a V-8 and an electric motor and, in doing so, ushered in a new era of supercars and performance, and created the first of the Holy Hypercar Trinity. The P1 is one of only 375 examples. A technological tour-de-force, the P1 is just such a machine. It takes something truly special to keep company with timeless classics at the world’s biggest auctions just a couple of years after it was released. With its super-rare factory supercharged engine, Le Mans racing origins, and unique coachwork, it’s considered, perhaps, the ultimate Stutz.Ĥ. Since then, it has been restored and improved with some modern parts. It won Best in Class in 2000, and was awarded the Briggs Cunningham Trophy at the Pebble Beach Concours d’Elegance. This one was treated to bodywork from London’s Lancefield Coachworks.
The enhanced M coupes fell short of the new Bentleys at Le Mans, but it was a unique moment in American racing history.Īccording to RM Sotheby’s, only three supercharged Stutz models are still in existence. Instead of building a bigger engine, which would have taken up too much time and resources, Stutz developed a supercharger that pumped it up to a claimed 185 horsepower.
A SOHC inline-eight powered the Model M to an average speed of 106.5 mph, but with the British manufacturer Bentley debuting bigger engines, Stutz knew, it needed more if it wanted to to keep up. In 1928, Indiana-based Stutz Motor Company made its return international motor racing after a decade-long absence, entering Le Mans with a stock Model M, and impressively taking second place in the race, a major accomplishment for an American car. 1966 Aston Martin DB5 SWB Vantage Volante – $1,705,000 (RM Sotheby’s) Gooding came in at second place, in both total sales and per-car average: $30.8 million and $440,267. Bonhams sold $10.0 million worth of cars, which includes one that made the list that follows, whilst lesser known auction houses Motostalgia and Hollywood Wheels brought in $4.5 million and $4.2 million, respectively, with each moving a single seven-figure car.ġ0. RM Sothebys made the most money, at $71.8 million and an average sale price of $524,234 per car RM also have seven cars on our list of the top 10 sellers (which actually numbers 11, since RM sold two cars for $1,705,000). Last years' auctions had 333 cars, and $140 million, so while its down on last years, its still not pocket change. Hagerty Insurance values the 365 cars being auctioned at a whopping total of $121 million.
While it may pale when compared to the Arizona's huge car auction week, or the fantastic classic car auctions held in August that lead up to the Pebble Beach Concours d'Elegance, the Amelia Island auctions are still, impressive.
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