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Wrecked Lamborghini Countach from 'Wolf of Wall Street' fails to sell in Abu Dhabi

Martin Scorsese used two genuine 1989 Lamborghini Countach 25th Anniversary Editions in "The Wolf of Wall Street." They're both headed to auction in December, one of them for the second time. See, in August, RM Sotheby's announced that it would auction one of the movie cars in New York in December, its lot being an undamaged Bianco Polo Countach 25th Anniversary. At the time, no one had information on the location or condition of the second car that had been damaged rather badly as part of filming, victim of the main character driving under severe influence and the stunt department putting in some sledgehammer work. In November, the second, wrecked car showed up in the catalog for Bonhams' On the Grid auction at the season-ending Abu Dhabi Formula 1 Grand Prix. Bonhams put the presale estimate at $1.5 million to $2 million. Someone submitted a bid for $1.35 million, which the seller rejected, so the auction house is putting the car up for sale at a later date. For some perspective on that rejected bid, Hagerty values the 1989 Lamborghini Countach Silver Edition in good condition at $440,000, the qualification being that the car "Runs and drives well. Flaws not noticeable to passersby." An example in concours condition, which is "World-class. Could compete in the world's best Concours d'Elegance events," is valued at $780,000. Classic.com, which tracks transactions of exotics and classics, shows a number of sales this year. Bring a Trailer sold three over the summer, one for $577,600, a second for $632,000, a third for $670,000. Other summer auctions for the same model pulled $472,500, $465,000, and a rejected high bid of $342,000. The highest prices paid this year are $775,000 for a car with 154 miles and $715,000 paid for a car with 102 miles. "The Wolf of Wall Street" car is an undriveable heap, a piece of cinematic sculpture at best, for which the owner seeks at least double the price of a practically new car. And what's wrong with that? Art regularly goes for more than $1.5 million, if that's what this is to be considered — and that might indeed be the consideration. RM Sotheby's recently put a 1962 Ferrari 250/330 GTO on the block at one of its art auctions in New York, perhaps Bonhams plans to do something similar. Car & Bike wrote that the Lamborghini heads to auction again in December. Bonhams' site lists three car-centric auctions in December, the Countach so far not shown among the lots.

Ferraris, Porsches and planes star at McCall’s Motorworks Revival

MONTEREY, Calif. – McCall's Motorworks Revival, sometimes called The Jet Party, kicked off vintage car week here as enthusiasts streamed into the region for days of car shows, official automaker events and hob-knobbing leading up to Sunday's Pebble Beach Concours d'Elegance. Held at the Monterey Jet Center, the revival featured an array of exotic and classic cars blended in with planes, racecars, motorcycles and luxury items like jewelry. This year the eclectic lineup of cars included vintage Ferraris and Porsches, a raised 1964 Chevy Impala, a classic Toyota Land Cruiser and a Cobra. The 1960s Ford GT40 racecar sat near the modern Ford GT, while Camilo Pardo, the designer of the in-between generation (2004-06), held court nearby. Iconic planes like the B25, P51 and an ancient biplane were intermingled with the flashy cars. Show-goers tipped drinks, tossed back heavy hors d'oeuvres and desserts, ogled the seemingly random collection of amazing machines and prepared for days of celebrating the automobile on the Monterey Peninsula. The revival is in its 26th year and is put on by McCall Events, whose owner Gordon McCall is a class judge at the concours and the cofounder another Monterey car week staple, the Quail. The revival also collects donations for a California police charity. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery McCall's Motorworks Revival 2017 View 29 Photos Image Credit: Copyright 2017 Drew Phillips / Autoblog.com Ferrari Lamborghini Porsche Coupe Motorcycle Luxury Performance Pebble Beach

Lamborghini Miura owner sues garage over million-dollar car-b-que [w/video]

Remember about a year and a half ago when a rare, classic Lamborghini Miura SV went up in flames in London? Its owner sure does. And he's not willing to write it off, pointing fingers squarely at the Lamborghini dealership in London for causing the fire. It may seem like a difficult case to make, especially since the Miura was not in the dealership's possession when the fire erupted – the owner's son was driving it, but he was driving it home from the dealer where it had been brought in for service. According to the suit filed by the vehicle's owner, billionaire property agent Jon Hunt, the mechanics at the dealership owned by high-end automotive group H.R. Owen must have improperly fitted the spark plugs during the Miura's service. Lamborghini's official dealership should have known better, says Mr. Hunt. That's why Hunt is suing the dealership to the tune of GBP700,000, equivalent to over $1 million at today's rates, plus storage costs and "loss of enjoyment." The vehicle – one of only 764 made – was evaluated at GBP900,000, but Hunt's suit deducts the GBP200,000 it was worth as scrap. We've included footage of the fire below, but it's not for the weak of heart when it comes to watching an irreplaceable classic supercar burning to the ground. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.