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Oldest 'Porsche' Fails to Sell after Auction's $70 Million Mixup at RM Sotheby’s

Oldest 'Porsche' Fails to Sell after Auction's $70 Million Mixup at RM Sotheby’s

The car was intended for a race that was planned between Berlin and Rome, yet was cancelled by the outbreak of World War II. It was damaged and rebuilt by Porsche. In 1949 it was bought by a racecar driver, and was sold only in 1997 to an Austrian Porsche collector who was the one offering it in Monterey. Experts expected the car to sell for around

Oldest 'Porsche' fails to sell after auction's bizarre $70 million mistake

Oldest 'Porsche' fails to sell after auction's bizarre $70 million mistake

close Video Porsche strips down The 2019 Porsche 911 Speedster is the company's purest high performance car and a limited-edition tribute to the company's history as it prepares for an electric future. Fox News Autos editor Gary Gastelu talks to Porsche North America President and CEO Klaus Zellmer about its inspiration and where the company is heading

‘Nazi Porsche’ worth £16million fails to sell after bids start at the wrong price

‘Nazi Porsche’ worth £16million fails to sell after bids start at the wrong price

A PORSCHE built in Nazi Germany has failed to sell after bids started at the wrong price. Car collectors were left stunned over the weekend at the California auction when bids started at $30million (£24.7 million), almost double the listed reserve price. The rare Porsche failed to sell after bids were started at the wrong price The rare Porsche Type

Auction blunder adds millions to price

Auction blunder adds millions to price

One of the cars featured in the James Bond films 'Goldfinger' and 'Thunderball' will be auctioned off next month in New York. The Aston Martin DB5 is expected to fetch as much as AU $8.7 million. The car has 13 gadgets including a retractable machine gun and switch that changes licence places between Switzerland, the UK and France. Image: AP The auction

Chaos erupts as a rare Porsche seems to auction for a record-shattering $70 million

Chaos erupts as a rare Porsche seems to auction for a record-shattering $70 million

Going, going, going, going... The 1939 Porsche Type 64 was expected to auction for at least $20 million at Monterey Car Week in California over the weekend, but a confusing start with the auctioneer and excitement in the room meant the bidding process on the rare vehicle was more than bungled. A starting bid of $13 million was heard as $30 million

'Nazi Porsche' valued at $20m fails to sell amid California auction confusion

'Nazi Porsche' valued at $20m fails to sell amid California auction confusion

A car designed by Ferdinand Porsche in Nazi Germany that was expected to sell for millions failed to find a buyer at an auction in California on Saturday, amid scenes of confusion and derision. The strikingly unusual Porsche Type 64 was built in 1939, when Porsche was a designer for Volkswagen, as a commission from the National Socialist Motor Corps