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Ferrari 212 Barchetta highlights RM auction at Villa d'Este

While show-goers sip champagne and basque in the glow of some of the most beautiful classics and most notable concept cars at the Concorso d'Eleganza Villa d'Este, at the Villa Erba just down the shore, collectors bid on some of the most tempting automotive creations. And this year was no exception. Highlighting RM Sotheby's auction this year was a rare classic 1952 Ferrari 212 Export Barchetta. The Touring-bodied competition roadster from Ferrari's early days fetched an incredible ˆ6,720,000 – nearly $7.4 million at current exchange rates – to set a new record for that model. According to Sports Car Market, the previous record was held by a 212 Export coupe that sold for $3.2 million early last year. A Barchetta failed to sell for a high bid of $1.97 million in 2008, which just goes to show how far this auction raised the bar for the 212. Though it was by far the top lot of the day, it wasn't the only million-dollar sale of the day. Heck, it wasn't even the only million-dollar Ferrari sold. A quartet of Ferrari supercars – including a 288 GTO, F40, F50 and Enzo – each fetched seven figures, as did a 250 GT Berlinetta Lusso and a 250 GT Cabriolet. So did a Lamborghini Miura, a '73 Porsche 911 Carrera RS 2.7 and a '53 Fiat 8V Cabriolet, if you can believe it. Other notable lots included a 1949 Alfa Romeo 6C 2500 SS Villa d'Este Coupe, a '74 Lancia Stratos and a rare stick-shift Ferrari 599 HGTE. All told, RM Sotheby's racked up nearly $30 million in sales at its first European auction since merging and rebranding, selling 34 out of the 39 lots consigned, but that stunning 250 California Spider did not appear to be among them.

Ferrari 400 Superamerica leads $60M RM Sotheby's sale at Amelia Island [w/video]

Just last month, two of the most venerated auction houses came together under one roof. And this past weekend, the newly christened RM Sotheby's held its first event at the Amelia Island Concours d'Elegance, selling a record $60 million worth of classic automobiles. The event's highlight was surely the gorgeous 1960 Ferrari 400 Superamerica SWB Cabriolet pictured above. Resplendent in dark green over a red leather interior, this particular Superamerica set a record for that model when it sold for $6.38 million, with proceeds going towards a children's education charity. That price far outstrips the record $4 million that Gooding & Co. got for that sleek white Aerodinamico coupe in Scottsdale earlier this year. Among the other seven-figure items were of course some other Ferraris, including a rare '72 Daytona Spider that went for $3.3 million, along with a smattering of Jaguars, Mercedes, Alfas, Lamborghinis and Bugattis. A rare 2007 Ferrari 599 GTB Fiorano with a manual transmission sold for nearly triple its estimate at $682,000, and the Daytona-winning, Castrol-liveried 1988 Jaguar XJR-9 sold for over $2 million. Of course RM Sotheby's wasn't the only company holding an auction during the Florida concours. But as the event's official auction house, it brought in more than all the other participating auctioneers combined, setting a record for Amelia Island in the process. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

In some Italian cities, even fast cars can no longer go fast

There’s so much to love about Italy: spaghetti carbonara, Ferraris, tiramisu, Michelangelo, high speed limitsÂ…. Wait. About those speed limits. In Bologna, a town with enormous character and exceptional cuisine, the city fathers only last month imposed a speed limit in the town of 30 kilometers per hour — about 20 mph — to make it safer and “more livable.” Critics of the measure are not contento. According to a recent story in The New York Times, drivers there argue that Bologna is “slowing to a standstill since it became the first major Italian city” to join a growing group of European municipalities that in the past few years have adjusted speed limits downward by half. The new rules, in place in Paris, Brussels, Copenhagen and cities across Spain, mark an effort to cut pollution, reduce energy use, and disincentivize car use. As reported by the Times, BolognaÂ’s mayor, Matteo Lepore, included the new speed limit among the campaign promises that helped to get him elected in 2021. Referring to the lower limit, he said, “Driving at 30 is part of a vision of a more democratic and more sustainable use of public space,” where neighborhoods put children and older people first, and investments favor bike paths and public transportation to work toward carbon neutrality. Adding fuel to the smolder, Bologna is the capital of a region that is home to Ferrari, Lamborghini and Pagani. The action in Italy has spurred protests, and petitions from some commuters that their daily travels to and from the city have grown substantially longer. And recently, the Times reported, a gathering attracted dozens of cranky citizens and cabbies to the streets, where they drove at a snailÂ’s pace in a makeshift parade, loudly honking horns and snarling traffic. The new speed limit “is impossible” to drive at, said Giorgio Gorza, who heads a citizenÂ’s group. “ItÂ’s like standing still, and no one takes a car if youÂ’re going to stay still, if it takes longer than walking. ItÂ’s illogical.” In 2021, according to the story, Olbia, in Sardinia, became the first Italian city to set a broad limit of 30 klicks an hour.