A Ferrari 250 GTO sold for $51.7million becomes the most expensive Ferrari auctioned

RM Sotheby’s New York sales of Contemporary and Modern Art conducted in the third week of November 2023 saw the auction house put the hammer down at a whopping $51.7 million for a 1962 Ferrari 330 LM / 250 GTO, making it the most valuable Ferrari to be sold at an auction. What makes this Ferrari 250 GTO, with chassis no. 3765, so unique is its extensive racing history of being the only GTO Tipo 1962 raced by Scuderia Ferrari. Its glorious racing pedigree comprises a class win and a 2nd overall finish at the 1962 Nürburgring 1000 KM, participating in the 1962 24 Hours of Le Mans and finishing runners up at the 1965 Sicilian Hillclimb Championship event. The heightened levels of restoration and maintenance equal its racing pedigree as it boasts a 2nd place finish in the GTO class at the 2011 Pebble Beach Concours d’Elegance, and a Best of Show award at the Amelia Island Concours d’Elegance. It was previously owned by a chairman of the Ferrari Club of America and after nearly four decades in private ownership, it now changes hands at a steep price. “Celebrating this sale during Sotheby’s marquee week highlights the unparalleled stature of this Ferrari as one of the world’s most desirable objects. The result, achieved through collaboration between Ferrari, RM Sotheby’s, and Sotheby’s, echoes our mutual pursuit of perfection—mirroring the very ethos Enzo Ferrari embodied when designing this car. Fetching $51.7 million, this transaction adds a new chapter to a vehicle with an unmatched legacy. Now, it ranks among the most expensive cars sold at auction, a true testament to its singular place in history.” – Gord Duff, Global Head of Auctions

Montegrappa unveils a limited-edition luxury pen collection to honour Lamborghini

Montegrappa, a century-old maker of luxury writing instruments, has released a limited-edition collection of luxury fountain pens to mark the 60th anniversary of Lamborghini called The Montegrappa Automobili Lamborghini 60° collection. This collection features sixty fountain pens finished in six Lamborghini factory colours, finished in an ultra-light hexagonal profile milled from aerospace aluminium and clad in forged carbon fibre. This limited edition Montegrappa pen even gets a red alloy flip switch located on the pen’s base, inspired by Lamborghini’s iconic starter button. The collection is available to view at the Montegrappa store in The Dubai Mall.

Rolls-Royce Pearl Cullinan is a one-off special gift to a father

Private Office Dubai, the sole bespoke customisation of Rolls-Royce outside its Goodwood headquarters, unveils its first completed commission – The Pearl Cullinan. The Rolls-Royce Pearl Cullinan is a one-of-one special sanction by a son as a surprise birthday gift for his father’s 90th birthday. This unique Cullinan gets a bespoke Pearl Rose exterior finish, inspired by the owner’s most prized pearl in his collection, and no other future Rolls-Royce car will be able to opt for this shade making it ultra-exclusive. As the front passenger seat is the recipient’s favourite seat, it gets finished in his favourite Cashmere Grey while the rear seats are trimmed in Ardent Red in reference to the family heritage. The cabin sees an extensive use of mother of pearl with each rear picnic table top featuring 1,351 separate pieces of the pearl, all laid out individually by hand. The design is inspired by traditional Middle Eastern art and the Arabic word for ‘father’ is inlaid in stainless steel at the centre.

Mercedes-Benz Vision EQXX and Vision One-Eleven tease the future of mobility at the 2023 GITEX event

If you’re a tech geek who is intrigued by the latest futuristic technology, chances are you would already be aware of the GITEX tech show. This annual event is currently taking place at the Dubai World Trade Centre between 16 to 20 October and visitors for this year are in for a treat from Mercedes-Benz. The German luxury carmaker is showcasing two of its latest concept cars – the Mercedes-Benz VISION EQXX and VISION One-Eleven at the 2023 edition. While the former is considered a flagbearer in EV efficiency courtesy of its record-breaking 1200km road trip across Europe on a single charge, the latter is seen as a design stalwart by the brand. The Vision One-Eleven’s design language is seen as a 21st-century style marker by the carmaker as it showcases the first sports car interior with a lounge concept while the exteriors exhibit a modern reinterpretation of the legendary C 111 experimental vehicles from the 1970s. As the GITEX event is considered a platform to promote accelerating digital innovation and technology, it is considered the ideal event for Mercedes-Benz to showcase pioneering concept cars that represent breakthroughs in design, technology, and progressive luxury.