28 Feb '17, 3am

This 1934 Alfa Romeo Racer Placed First in Price at the RM Sotheby’s Paris Sale https://t.co/d1usupXaIY

This 1934 Alfa Romeo Racer Placed First in Price at the RM Sotheby’s Paris Sale https://t.co/d1usupXaIY

The City of Lights shined a bit brighter earlier this month, at least for car collectors in attendance at RM Sotheby’s: Paris , the automotive auction house’s annual sale in the French capital on February 8. By the final hammer fall, more than $29.2 million had been garnered—the highest amount in the event’s history. Revving up the overall revenue were three performers in particular, a 1934 Alfa Romeo Tipo B P3, a 1973 Ferrari 365 GTB/4 Daytona Spider, and a 1988 Porsche 959 Sport that, altogether, brought in greater than $8.5 million of the final total. “The Paris sale was important on a number of levels, but more than anything, the results demonstrate that the European market remains incredibly strong,” explains Peter Wallman, managing director of RM Sotheby’s Europe. “Collectors are looking for quality, and rarity is still the key driver to some of the most significant ...

Full article: http://robbreport.com/automobiles/1934-alfa-romeo-racer-p...

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