On November 13, a 1962 Ferrari 330 LM/250 GTO by Scaglietti set a new record, selling for $51.7 million at an RM Sotheby’s auction in New York City. This antique racer not only became the most expensive Ferrari ever auctioned but also secured the title of the priciest publicly sold car in 2023.
The substantial margin by which it outperformed the next highest sales is notable: a $30.2 million 1967 Ferrari 412P Berlinetta by Bonhams on August 17, an $18.8 million Formula 1 Mercedes via RM Sotheby’s on November 17, and an $18 million 1962 Ferrari 250 GT SWB California Spider by Gooding & Co. on March 2. A 1964 Ferrari 250 LM, selling for €15.7 million ($17 million) at an Artcurial auction on July 5, rounded out the top five.
However, despite these remarkable results, the latter part of the year witnessed softer outcomes, and ongoing macroeconomic factors such as conflicts in Ukraine and Israel suggest that collectors’ enthusiasm may cool in the months ahead.
This story is from the November 30, 2023 edition of The Business Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 30, 2023 edition of The Business Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
CM addresses gathering at Dhanyawad Programme in Indri Constituency
Haryana Chief Minister, Nayab Singh Saini while addressing the people during the Dhanyawad programme held at Indri Assembly Constituency on Monday expressed gratitude to the people of the State for showing faith in BJP's policies.
Valedictory function of 3-Day Data Science conference held at KU
The valedictory function of 3-day International Conference on \"Innovative Trends in Statistics, Optimization, and Data Science\" (IC-IT-SODS-2024), organized by the Department of Statistics and Operational Research, Kurukshetra University, Kurukshetra, from December 21 to 23, 2024, in conjunction with the 44th Annual Convention of the Indian Society for Probability and Statistics (ISPS) and the 8th Convention of the Indian Association for Reliability and Statistics (IARS), was held at Senate Hall, KUK.
CM Inaugurates Rs. 11 cr projects at Dhanyawad Programme
Haryana Chief Minister, Nayab Singh Saini on Monday inaugurated and laid foundation stones of four development projects worth approximately Rs.11.33 crore in the Indri Assembly constituency.
Union Minister distributes 119 appointment letters at CRPF employment fair
This initiative will play a vital role in fulfilling the Prime Minister's vision of a developed India,\" he added. - Union Minister of State for Cooperation Krishan Pal Gurjar
Operation Aakarman: 13,610 Raids, 8,307 Arrests Haryana Police also challaned 23,387 vehicles for lane violations during this period
Haryana Police has been continuously taking action against criminal activities. To crack down on crime and criminal activities in the state, this year more than three times as many Operation Aakarman were launched compared to the previous year.
BJP STALWARTS MARGINALISED AFTER LOK SABHA, ASSEMBLY POLLS
Despite electoral defeat, several BJP leaders, including Dhankhar, Captain Abhimanyu, and Kuldeep Bishnoi, remain marginalized.
Pravindra Singh Chauhan Appointed As Advocate General Of Haryana
Pravindra Singh Chauhan was serving as a Senior Additional Advocate General of Haryana, succeeding Baldev Raj Mahajan, who had held the position of Haryana's Advocate General for a decade since 2014.
Tax Rate Will Be Higher Than Namkeen, Clarifies GST Council, Caramel Popcorn Contains Added Sugar
It has allegedly been recommended by the CoM that health insurance for senior citizens and term life insurance should be exempted from the purview of the GST.
Delhi High Court Denied Anticipatory Bail To Former IAS Puja Khedkar
The Delhi High Court in the case Puja Khedkar v. State observed and has dismissed the anticipatory bail petition filed by former probationer IAS officer Puja Khedkar who is being accused of 'misrepresenting and falsifying facts' in her application for Union Public Service Commission, UPSC Civil Services Examination, 2022.
Allahabad High Court: No Organisation Can Claim Vested Right Over Allotment Of Particular Land At Maha Kumbh Mela
The court while considering the facts and circumstances of the case observed and has granted the liberty to the petitioner for filing a fresh representation and directed the authorities to pass a reasoned order and try to accommodate the petitioner closer to its choice of place. Accordingly, the court dismissed the writ petition.
