Paris

Place Vauban
8 February 2017

GLORIOUS ALFA ROMEO TIPO B P3 HEADLINES A NIGHT OF SPARKLING RESULTS IN PARIS

RM Sotheby's, the world's largest auction house for investment-quality automobiles, enjoyed a spectacular night in Paris in which the company achieved a gross sales total of €27,576,400 ($29,451,595 USD)* – the best-ever result for its Rétromobile week sale.

The star lot of the night was the beautiful 1934 Alfa Romeo Tipo B P3, one of the most important and coveted of all pre-war Grand Prix cars. Campaigned by Scuderia Ferrari during the 1934 and 1935 seasons, it was driven by many of the most significant Grand Prix pilots of the era, including Nuvolari and Varzi. An important and iconic piece of motor sport history, the car fully deserved the €3,920,000 it achieved. The second biggest seller of the night was the 1973 Ferrari 365 GTB/4 Daytona Spider, a very rare car offered in outstanding condition with only 20,314 miles on the clock. The car attracted huge attention and brought €2,156,000.

In many respects, the night was a further demonstration of the continued demand for the best examples of modern-era Porsches. A headline attraction of the sale was a group of 13 Porsches offered from a private Swiss collection and presented entirely “without reserve.” The highlight was a highly original, one-of-29 1988 Porsche 959 Sport, the pinnacle of Porsche performance and technology in the '80s. With just three owners and 11,281 miles from new, the 959 Sport achieved a world-record auction price of €1,960,000. Another remarkable Porsche result from within the collection was for the rare 1994 Porsche 911 Turbo S 3.6, which achieved a very significant result of €901,600. An additional selection of high-quality Porsches from this private Swiss collection will be presented across various global RM sales in 2017, including the company's well-established Amelia Island, Monterey, and London auctions. In total, 23 examples of the marque were sold in Paris, and among the numerous notable results outside the collection, the 1995 Porsche 911 Turbo Cabriolet was a particular highlight, bringing a remarkable final figure of €1,344,000.