Tag: Rare Vehicles

FBI Seizes $40 Million in Rare Motorcycles from Drug Lord’s Collection
Industry & Business, News

FBI Seizes $40 Million in Rare Motorcycles from Drug Lord’s Collection

The FBI, alongside Mexican law enforcement and the LAPD, recently raided a private warehouse to seize over $40 million worth of rare motorcycles. This collection includes one-of-a-kind racing bikes like the Ducati NCR 860 and ultra-rare models such as the Paul Smart-Edition Ducati SportClassic.Key TakeawaysThe raid was conducted to capture Ryan James Wedding, a drug lord on the FBI's Ten Most Wanted list.A bounty of $15 million is offered for information leading to his arrest through the Narcotics Rewards Program.The seized collection includes rare models like the Ducati SuperMono and an Aprilia RS125R from 1996.Among the motorcycles are several racing liveries, including a pristine yellow Ducati 748 that's sure to turn heads. The Honda VFR750R is also present in the collection, known for ...
RM Sotheby’s Surpasses $1 Billion in Car Auctions and Private Sales
Classic Cars, Industry & Business, News

RM Sotheby’s Surpasses $1 Billion in Car Auctions and Private Sales

RM Sotheby’s achieved over $1 billion in total sales this year, marking a significant milestone for the collector car market. The auction house conducted 44 live, online, and sealed auctions along with private sales, offering 1,024 lots to collectors from around the world.Key Takeaways$1 billion in total sales for RM Sotheby’s this year53 million dollars fetched by a Mercedes-Benz W 196 R Stromlinienwagen, second most expensive car ever sold at auctionTop ten cars collectively realized $225 million with nine-figure sumsIn the auctions held across various cities and online platforms, bidders from 82 countries participated. Among them, nearly half were first-time buyers who contributed to the success of RM Sotheby’s events.The live auction sell-through rate reached an impressive 92%, indicat...