General view of the 1998 McLaren F1 "LM-Specification supercar during McLaren's F1 New York media preview at Sotheby's on June 3, 2015 in New York City.Steve Zak Photography—FilmMagic
A 1998 McLaren F1 sports car will soon be auctioned off for millions at Sotheby’s, Bloomberg reports.
The McLaren has been on show on the Upper East Side of Manhattan since June 3 and carries an estimated value of over $12 million. The seller of the car is unknown, but is a private collector from Florida who’s also offloading nine Ferraris and a pair of Lamborghinis. Bloomberg repots the sale is slated to take place during a six-day car-buying event in California.
The Wildest Concept Cars of 2014
Anybody can take Chevy's Chaparral 2x Vision concept car for a spin — anybody with Gran Turismo 6 for the Sony PlayStation, anyway, where the car is a playable download.Gene Blevins—LA DailyNews/CorbisOne day, we'll all finally get to ride those light-cycles from Tron. For now, there's Toyota's FV2 concept car.Joe Klamar—AFP/Getty ImagesDoors? Where you're going in the Smart Brabus FourJoy concept car, you don't need doors.Bloomberg/Getty ImagesThe pickup truck hasn't really changed much in decades — until Volkswagen took it on with this Tristar concept car, which takes a pickup and makes it super offroad-friendly.Fabian Bimmer—Reuters/CorbisNissan's 3-seat electric BladeGlider concept car might actually make it to production, pretty rare for a concept car this wild. If a Jedi Knight drove a car, it would be the BladeGlider.Gene Blevins—LA DailyNews/CorbisToyota hasn't said much about its high-riding C-HR Concept crossover, but we know that it's purple. Very purple.Benoit Tessier—Reuters/CorbisMaserati says its Alfieri concept car represents "the future of Maserati design." Too bad most of us can't conceptualize being able to afford a Maserati any time soon.Pierre Albouy—AFP/Getty ImagesMercedes-Benz's G-Code concept SUV comes covered in what the company calls "multi-voltaic silver" paint that's supposed to act like one big solar cell. It's all very green — err, "multi-voltaic silver." Kim Kyung-Hoon—Reuters/CorbisIt somehow doesn't feel like this car, designed by Russian artist Gosha Ostretsov, will fly off the shelves. But that's okay, because it's more art exhibit than commercial vehicle. Smityuk Yuri—ITAR-TASS Photo/Corbis
“The market has remained very strong,” Ian Kelleher, managing director of RM Sotheby’s, told Bloomberg. “People are not sitting on their hands. There are new buyers entering the market and younger collectors whose taste is evolving,” Kelleher added.
The partnership comes as RM Sotheby’s recently sold a $54 million collection of 75 automobiles and associated items, according to Bloomberg. The record for a single car collection is $65.9 million, set by rival auction house Bonhams.