RM Sotheby’s handles collection of open-wheel racing cars

RM SOTHEBYS HANDLES THE MOST IMPORTANT COLLECTION OF OPEN-WHEEL RACING CARS AS ‘THE HOUSE THAT NEWMAN/HAAS RACING BUILT’ AUCTION AND FINISHES STRONG
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BLENHEIM, Ontario (1 November 2022) – RM Sotheby’s travelled to Carl A. Haas Automobile Imports, Inc. in Lincolnshire, Illinois, to host The House That Newman/Haas Racing Built—the largest ever offering of open-wheel racecars.

Fielding undisputed superstars like Mario and Michael Andretti, Nigel Mansell, and Sébastien Bourdais, the team founded by Paul Newman and Carl Haas dominated both CART and Champ Car between 1983 and 2011, and forever changed the history of motorsport. History was made once again as every single lot found a new home during the one-day auction, with a total of $6,096,800 in sales.

Highlights

 One of the most significant cars of the 20th century and Newman/Haas Racing’s 1993 CART PPG IndyCar World Series-winning chassis, this 1993 Lola-Ford Cosworth T93/00 established Nigel Mansell as the only simultaneous reigning champion of IndyCar and Formula 1 and went to its new owner for $995,000.

Piloted by Mario Andretti throughout his final year in the PPG IndyCar World Series, this 1994 Lola-Ford Cosworth T94/20 raced 6 out of 16 events and carried Andretti to his final podium. This past weekend, the car sold for $379,000, more than two times its pre-auction estimate.

A Nigel Mansell Race Worn F1 Helmet turned heads as it went under the hammer and sold for an astonishing $90,000—smashing its pre-auction estimate.

 

Quotes

John Sulman, Sale Manager says, “Working together with the Newman/Haas Racing team to bring these magnificent racing cars to market has been an incredible experience. The sale offered a special opportunity for buyers and enthusiasts to see and purchase lots from one of the best eras of open-wheel racing, and now over 40 top-tier racing cars are out in the world ready to be enjoyed by the motorsport community.”

Shelby Myers, Global Head of Private Sales, says, “To offer these iconic machines at a time when IndyCar and Formula 1 are gaining fans around the world is incredible. These cars hail from a golden era of open-wheel racing and contributed to the success of some of the greatest competitors of all time. As we enter into a new golden era for motorsport, we expect the market for important racing cars to continue to grow.”

Important Numbers

  • Top motor-car lot sold for $995,000
  • Top memorabilia lot sold for $90,000
  • 237 registered bidders
  • 122 registered bidders were first-time bidders
  • 17% of first-time bidders were buyers
  • Bidders hailed from 20 countries

Top Ten Lots

  1. 1993 Lola-Ford Cosworth T93/00
$995,000
  1. 1984 Lola-Cosworth T800
$401,000
  1. 1994 Lola-Ford Cosworth T94/20
$379,000
  1. 1991 Lola-Chevrolet T91/00
$257,600
  1. 2007 DP01-Cosworth
$235,200
  1. 2002 Lola-Toyota B02/00
$224,000
  1. 1985 Lola-Cosworth T900
$201,600
  1. 2005 Lola-Cosworth-Ford B05/00
$201,600
  1. 1986 Lola-Cosworth T86/00
$196,000
  1. 1991 Lola-Chevrolet T91/00
$196,000
  1. 2006 Lola-Cosworth-Ford B02/00
$196,000