The Bonhams Goodwood Festival of Speed 2016 auction was held Friday 24 June on the Tapestry Lawn at Goodwood House in Chichester, UK, resulting in £7,630,475 in total sales. Staged hours after the declaration of Britain’s ‘Brexit’ referendum vote, the results were down 57 percent from last year in the face of overall market uncertainty and currency volatility.
The top sale at Bonhams’ 2016 Festival of Speed event went to the 1949 Aston Martin DB Team Car. Registered ‘UMC 65’, the Aston was left in a garden for decades before being stolen some 14 years ago. Now, finally returned to its rightful owners, it sold for £679,100. Taken in 2002, this 1949 Le Mans 24-Hour race veteran was recovered by police more than a decade later. Its original owners then decided to enter it into Bonhams Goodwood auction.
James Knight, Bonhams International Group Motoring Director, said, “This ex-works Le Mans Aston Martin is the ultimate ‘barn find’. Despite its neglected condition, connoisseurs of truly historic racing cars regard it as a truly historic time machine. Its wonderfully original patina, reminiscent of the days when it raced at both Le Mans and in the Spa 24 Hours, explain this special appeal. We are delighted that after such a troubled past, the car has achieved such a wonderful price for the family.”
Adding some extra colour to the auction was the very first pop art Bentley, designed by celebrated artist, Sir Peter Blake. Bentley commissioned Sir Peter to deliver the world’s first pop art Bentley, drawing on inspiration from the acclaimed artist’s career at the forefront of the renowned British pop art movement. Bentley has donated the car to the Care2Save Charitable Trust, which provides palliative and hospice care around the world.
Possibly the most striking feature of Sir Peter’s vision — recognizable as a Sir Peter trademark — is a St James Red heart motif hand painted onto a Continental Yellow bonnet, a symbol in keeping with the compassionate work of hospices. The one-of-a-kind motor car sold to a bidder in the room for £250,000.
Elsewhere some eighties muscle sold well with the 1981 BMW M1 Coupe. The M1 coupled Italian style with German engineering, as its development was a cooperative effort with top Italian specialists. The M1’s wedge-shaped coachwork proved highly efficient aerodynamically, needing very little in the way of additional spoilers and wings, even in race configuration. The M1 sold to a bidder in the room for £303,900.
Further successes of the day include the 1938 Jaguar SS100 3 1/2-Litre Roadster, which soared above its £180,000-250,000 estimate to achieve £337,500; the 1972 Ferrari Dino 246 GT Berlinetta, sold for £281,500; and modern classic 1996 Porsche 993 911 RS Clubsport Coupe sold for £281,500.
Bonhams Goodwood Festival of Speed 2016 – Top Five Auction Results
1. 1949 Aston Martin DB Team Car – £679,100
2. 1938 Jaguar SS100 3 1/2-Litre Roadster – £337,500
3. 1981 BMW M1 Coupe – £303,900
4. 1972 Ferrari Dino 246 GTB – £281,500
4. 1996 Porsche 911 RS Clubsport – £281,500
For complete results, visit Bonhams.com.
Valuable specialist registration numbers also featured in the Bonhams sale, with ‘T6’, the third vehicle registration number ever issued in Devon, sold for £163,900, and the rather cheeky ‘FU 2’, sold for £152,700.
The Bonhams motoring department next heads to California for 19th annual Quail Lodge sale, taking place on 19 August 2016 during Monterey Classic Car Week. For further information, visit Bonhams.com.