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$5 Million Vintage Prototypes

Jaguar E2A at Bonhams & Butterfields Auction

— August 19, 2008 — Autos
The year was 1960 when the Jaguar E2A prototype sportscar, which shaped the future of Jaguar, was introduced. It was raced by some of the most famous drivers at Le Mans and had a historically significant win in August 1960 at Bridgehampton, NY.

On August 15, 2008, this beautiful car set another world record when it brought in $5 Million at Bonhams & Butterfields' Quail Lodge Sale in California. $5 million is now the highest price ever bid on a Jaguar at auction. The winning bidder's name has not yet been disclosed.

A few months ago, British radio host, Chris Evans, set the world record for the highest price ever paid for a vintage car, when he paid $10,894,900 for a 1961 Ferrari California Spyder at RM Auction's second annual "Ferrari Leggenda e Passione" auction in Maranello, Italy.
Trend Themes
1. Vintage Car Collecting - Opportunity for businesses to cater to the growing demand for vintage cars and related memorabilia.
2. Record-breaking Auctions - Opportunity for auction houses to capitalize on the increasing willingness of collectors to pay high prices for rare and iconic automobiles.
3. Historically Significant Vehicles - Opportunity for businesses to explore the historical and cultural significance of certain vintage cars, attracting collectors and enthusiasts.
Industry Implications
1. Automotive Auctions - Opportunity for automotive auction houses to embrace the trend of record-breaking auctions by featuring rare and iconic vehicles.
2. Classic Car Restoration - Opportunity for restoration businesses to cater to the demand for maintaining and refurbishing vintage cars.
3. Vintage Lifestyle Merchandise - Opportunity for businesses to offer vintage-inspired lifestyle products and accessories, catering to collectors and enthusiasts.
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