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28 Feb 2017

Porsches fly off the block at Silverstone Auctions’ Race Retro sale

100% sales record for Porsche models, with all 12 cars sold. 

Joined by hundreds of historic motorsport and classic car enthusiasts over three days at Stoneleigh Park in Warwickshire, Silverstone Auctions achieved a sales rate of 76 per cent and total sales of £5.7million at Race Retro, over £1million more than last year’s sale and its highest ever result at the show.

A definite speciality for Silverstone Auctions, all 12 Porsches offered in the classic car auction were sold, headlined by a 1980 Porsche 911 (930) Turbo, which sold for £109,125. 

Classic 911s performed well in the sale, with a 1972 911T 2.4 RHD selling for £93,375. A 1969 Porsche 911T and 1973 911E both sold for more than £20,000 more than their lower estimate, while the only transaxle model entered, a 1991 944 S2 Turbo Cabriolet sold for £32,063.

Speaking after the sale, managing director of Silverstone Auctions, Nick Whale, said: “Wow, what a fantastic set of results for our vendors. I’m delighted that once again our winning combination of sensible estimates and reserves, presentation, pre-sale marketing and auction atmosphere has paid dividends.

"This was certainly our best ever Race Retro catalogue and buyers clearly agreed, so it’s wonderful to see so many going home incredibly happy with their purchases.”

Silverstone Auctions’ May Sale takes place on Saturday 13th May back at its spiritual home of Silverstone circuit. Entries are now invited into the auction and potential sellers are invited to speak with Silverstone Auctions as soon as possible.

Nick added: “This has been a great start to the auction season and we now look forward to our next sale and speaking with prospective sellers soon.”

To view the full list of results from Silverstone Auctions’ Race Retro Classic Car Sale please click here.

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