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Little Classics News: 24 July 2015

Inaugural Classic Competition Car Sale Hits £1 Million

1959 Cooper Monaco

Taking place at The Wing at Silverstone ahead of the Silverstone Classic weekend, the inaugural Competition Car Sale presented a unique selection of rare, best of breed racing cars for sale.

Held on the Thursday evening after driver testing at the world’s biggest classic motor racing festival, the sales room was packed with drivers and historic racing enthusiasts. A bidding frenzy ensued for a number of cars, recording a total sales sum of £1million.

1959 Cooper Monaco

A 1959 Cooper Monaco (above and top), which realised £219,375, after a flurry of bidding from the room and on the telephones. The car, which has raced at both Goodwood Revival and Members’ Meeting recorded the fastest lap time at the 2007 Revival event as well as coming 2nd in the 2012 Silverstone Classic event. It was previously a VSCC and HGPCA front-runner and was presented in a ready-to-race condition.

A 1979 Ford Capri Group 1 (below) achieved a record-breaking (for non-Cologne) £92,812 after a healthy start from a host of commission bids. The car, which was raced by 14 times Le Mans race veteran and racing legend Gordon Spice, is chassis number CC10 – the ex-Autocar Capri as raced in the 1979 season.

1979 Ford Capri Group 1

It also competed in the Le Mans 4 Hours, Spa 24 Hour, and 24 Hours of Paul Ricard. Sold with its trophies from the period, as well as matching specification set-up sheets and heritage photographs, it also comes with a quantity of parts and homologation papers.

A 1975 Osella PA3 BMW M12 (below)– named after its founder Vincenzo Osella – achieved £140,625. The Osella team began life racing Abarth sports cars in the Sixties. Osella expanded into single seater racing in 1974 to expand their racing business, eventually leading to the PA3 BMW M12.

1975 Osella PA3 BMW M12

The car was initially used for hill climbing and competed in the 1976 Monza 4 Hours. Complete with a new carbon racing tub and replacement engine after a nut and bolt rebuild, the car is presented in a ready-to-race condition, representing a great opportunity for the new owner.

Nick Whale, managing director of Silverstone Auctions, says: “The Silverstone Classic Sale continues to grow and it has been a pleasure to add this sale to our auction calendar here at the circuit. This was a fantastic sale and I am pleased that so many amazing racing cars have found new homes and will return to the track once again. To come to the circuit and hold our first racing car-only sale and achieve such success, particularly mid-season in the racing calendar, just goes to show how special these cars are.

Visit: www.silverstoneauctions.com



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