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Records fall at retro racer auction

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<b>RECORD PRICE:</b> This 1991 Ferrari Testarossa, with an accompanying five-piece Ferrari luggage set, sold for the equivalent of R3.6-milion. <i>Image: Silverstone Auctions</i>
<b>RECORD PRICE:</b> This 1991 Ferrari Testarossa, with an accompanying five-piece Ferrari luggage set, sold for the equivalent of R3.6-milion. <i>Image: Silverstone Auctions</i>

LONDON, England - Silverstone Auctions kicked off 2015 with a four world record prices, a sales rate of 78% and total sales of about R65-million in its Race Retro sale for classic cars.

Classic Ferraris remain in high demand, with two cars breaking world records at the auction. A low-mileage 1991 Testarossa, with an accompanying five-piece Ferrari luggage set, sold for R3.6-milion. A rare 1999 456M, with just 643km on the clock and one previous owner, was bought for a record-breaking R2.1-million.

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