Retromobile is slowly becoming one of the greatest classic car shows in Europe, with millions of pounds worth of supercars, hypercars, racing cars and classics attending the Paris Expo Centre. As the show has grown, three auction houses have entered the picture being Artcurial, Bonhams and RM Sotheby’s and with that has come hundreds of millions of car sales. RM Sotheby’s, in my opinion, has the best auction line up of the three auction houses and as the auction is complete, a review of the auction and some of the stand out lots.
2022 Bugatti Chiron Profilee
The first standout lot is definitely the 2022 Bugatti Chiron Profilee given its bizarre start to life and origin story. The Profilee began life as a Bugatti Chiron model that would have reached full production as a mid point car between the standard Chiron and the Chiron Sport, however by the time the Profilee would have been ready for production, all 500 slots for the Chiron as well as all the special editions and limited run cars had been allocated and sold and therefore, without expanding the 500 car limit, the Profilee had no place in the Chiron legacy. This therefore was offered by Bugatti Automobiles S.A.S to RM Sotheby’s to be sold as an absolute one-off and the final new Bugatti car to be offered for sale with the legendary 8.0 W16 engine. This is because from now on, due to the merger with Rimac finalised in 2021, Bugatti-Rimac as it is to be known will produce electric and hybrid hypercars. The shape of the Profilee is different to the standard Chiron as it was meant to be produced as an aerodynamic model and removed the electronically adaptable wing, in place fitting a fixed wing sculpted in a wind tunnel. This is also the fastest accelerating of all the Chiron models despite it being a one-off as the engine was modified to rev to 6900 rpm rather than the standard 6700 rpm which means it can achieve 60mph in 2.3 seconds and 186mph in a truly mindblowing 12.4 seconds, a near incomprehensible figure. The colour was also specifically designed for the Profilee, finished in a paint shade called ‘Argent Atlantique’ and acts as a tribute to the legendary Type 57 Atalante. This is over Bleu Royal Carbon details. Considering this is a one-off car, the estimate for this car was higher than any other Chiron model at £5,000,000. However, watching live, I could not have expected the bidding war I was ready to see. It quickly exceeded the modern Bugatti record at auction being the Bugatti Chiron Super Sport 300+ which sold with Sotheby’s in 2022 for £4.2m, and then reached territories unknown for modern Bugattis. The final sale price, including taxes, was £8,731,825 making it by far the most expensive modern Bugatti ever sold at auction and rivalling Type 57Cs and Type 55 Roadsters which is unheard of. Without a doubt this was the star of the auction but it was not the only high seller of this auction.
1991 Ferrari 643 F1
Formula One cars have had a rocky reputation crossing the auction block in the past, with only the very legendary cars reaching the prices that people believe that they deserved. With this in mind, the next car was one of the few examples of the perfect Formula One car. The early 1990s was an era of Formula One that provided many changes to the sport as well as providing some of the most iconic and best looking cars. Usually when people think of the early 1990s in Formula One, they usually think of the Williams driven by Nigel Mansell or the McLaren of Senna but Ferrari is not often spoken about as they were in a transitional phase but still provided some beautiful looking cars. The example given here is the 1991 Ferrari 643 which was campaigned by Jean Alesi and Gianni Morbidelli, chassis 127 being the sale car which raced at the Australian, British and French GP where it finished 4th at Magny-Cours. Powered by the 3.5 litre, naturally aspirated V12, the 643 produces 700hp and also produces one of the best sounds to ever echo around a Formula One circuit, with high pitched screams and vicious downshifts. The season was one to forget for the Tifosi, with Alain Prost’s firing in the middle of season and replacement by the young Morbidelli, the passion for the car was exemplified by the hard charging manner that Alesi piloted the car. Despite this it was a McLaren and Williams dominated season with Bennetton taking the only other win at Canada and so the 643 is remembered purely for the V12 sound rather than the race results. In terms of previous F1 cars at auction, the car most similar to this would have been the 1991 Jordan 191 which is famously known as Michael Schumacher’s first F1 car and therefore the price was £1.4m. A more comparable car however is the 1990 Ferrari 640, the predecessor to the legendary 641 and later the 643 offered here. This was sold at the 2022 Monaco RM Sotheby’s auction for £3,605,000 but this was a Mansell driven car and was driven to a victory for Ferrari. Despite all this though and the fact that more successful cars had sold for these high prices, this 643 sold for £3,661,250 which is one of the more expensive F1 cars ever sold at auction.
2020 McLaren Senna LM
The next car that took my eye was a car I don’t believe has ever crossed the auction block before this weekend. The McLaren Senna was an exceptionally special car when it first launched in 2018, with incredible aerodynamic styling and mind-blowing performance, as well as having one of the most meaningful names of any car. After the Senna was released, it came to 2020, the 25th anniversary of McLaren’s legendary 1995 win at Le Mans with the F1 GTR, and plenty of special edition cars had come before such as the McLaren 720S LM and the P1 LM, and therefore it was time to reveal to the world the 2020 McLaren Senna LM. Built to very limited numbers with only 20 being built and to an exceptional level of detail such as having the same wheel rim design as the F1 GTR racing cars as well as having gold leaf weaved into the exhaust tips as a tribute to the golden engine bay on the F1s. The car also shares some components with the track only Senna GTR making it the half way mark between the standard road car and the racing variant, much like where the McLaren F1 LM sat. Colour wise it is true to history as well, as seven of the Senna LMs, including this example, is finished in Papaya Orange, the same colour as the F1 LMs (excluding the Sultan of Brunei’s collection). Not only is this possibly the first Senna LM to cross an auction block, but it is one of the lowest mileage cars of all the cars Sotheby’s was selling with only 43km on the odometer at the time of sale. This could be why it sold for £1,602,500, but whoever the lucky buyer is, is driving home in a piece of Le Mans memorabilia a bit more special than most.
2005 Ferrari Superamerica
The final car I have decided to highlight in this sale is without a doubt one of the fastest climbers in value I think I have ever seen in a luxury car auction. This car is a 2005 Ferrari 575M Superamerica and is a car not many people are familiar with. Before the Ferrari F12 and even the 612 Scaglietti, the main GT cars that Ferrari made were the 456 and the 550 Maranello. They were both popular sellers but at the time there was a lack of roofless/convertible Ferraris for customers and so they began with the 550 Barchetta which was a roofless 550 GT car with only 448 examples produced. Soon the 550 model was replaced by the 575 and so there were expectations of a 575 Barchetta, however it instead took the name Superamerica as a nod to the 400 and 410 Superamerica’s of the 1960s. With only 559 built, this example was one of only 43 fitted with a manual gearbox as well as the rare GTC package which cost £20,500 from new as a handling package. This specific car is finished in the beautiful colour of Argento Nurburgring with Bordeaux red leather interior. The Superamerica used the same 6.0 front mounted V12 as the standard hardtop 575M with 533hp and for a while it was marketed as the world’s fastest convertible car with a top speed of 199mph. The manual gearbox certainly has an impact on the sale price of 575 Superamerica’s as in the last three months, two automatic cars have been sold for £189,000 and £224,000 respectively. This manual example though sold in Paris for way above its estimate at £736,000, making it one of the most profitable Ferraris to own in the current market.
The RM Sotheby’s Paris sale took place on February 1 2023 and has ended with sales which have truly affected the future sales prices of many important collector cars. Other special cars to feature in the auction would include both a McLaren P1 and Speedtail, a pre-series Ferrari F12tdf, a Nero Ferrari Enzo, a Ferrari 275 GTB/4 and a trio of Iso Grifos. To view a full collection of the sale results, follow the link here to RM Sotheby’s results page.