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A new record has been set for Ferrari Sale at Coys Auction.

Ferrari F40 Sets Coys Record

By Grace Cunningham on 10th August 2015

The Coys Auction on the 8th August has set records for a Ferrari sold at Auction as a 1992 Ferrari F40 sold for €1,12 million at the 43rd AVD Oldtimer Grand Prix in Nurburgring, Germany.

With other notable results including a 2003 Ferrari selling for €182,000 whilst at another record price of €145,000 a 1971 Lamborghini Espada SII was sold, it is no wonder the auction had everyone talking. Add to this a 1937 BMW 328 Roadster sold for €562,000 and a 2000 Ford GT sold for €227,000, and it culminated in a big success for the auction.

Chris Routledge, Managing Partner at Coys, said of the record setting event : “The record Ferrari F40 is a remarkable achievement which we are really happy with, proving once again that Coys is one of the leading auction houses in Germany and Europe. This is one of the last privately owned, one owner from new F40s in the world and we were entrusted with its sale by the Italian family who bought it.”

He continued to add “For such an important car to come to the market, it created interest from around the world and was in the end sold to a delighted German buyer, followed by a round of applause in the auction room.”

Coys auction action is set to thrive on at the world’s most exclusive pre-1974 Porsche sale at the prestigious Porsche Classics at the Castle at the Hedingham Castle in Essex, United Kindgom, on September 6th followed by their international auction at the Frankfurt Motorshow on September 26th. A must view event for all luxury vintage motor enthusiasts.

Further information on Coys can be found on their website.