Bonhams Goodwood Speedweek Auction 2020 - subdued buyer interest or expectations too high?
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Created on October 19, 2020
, Reading time 5min
Text:
Bruno von Rotz
Photos:
Bonhams
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Summary
In addition to around 110 automobiles, four license plates and a boat, Bonhams also auctioned 99 automobiles of various types on the occasion of Goodwood Speedweek on October 17, 2020. Bidding was possible both in Goodwood and at the Bonhams headquarters in London, as well as online and telephone bidding. However, the bidders did not want to bite, the expectations for many vehicles were not met and only 44 percent of the vehicles were sold. Instead of the expected £19 million, only £5.5 million was raised. Were coronavirus fears and the threat of a no-deal Brexit to blame? This auction report analyzes the results and shows all the vehicles in the picture.
This article contains the following chapters
- Large offer
- Reluctant bidders or expectations too high?
- Good opportunities for buyers
- The Ferrari 330 GTS as savior
- Stars not sold
- Racing cars without bonus
- Pre-war vehicles with a little more success
Estimated reading time: 5min
Preview (beginning of the article)
Special times, special solutions! After all major Goodwood racing events had to be canceled in the Covid year 2020, the Goodwood Speedweek was scheduled for October 16 to 18, 2020 as a quasi-replacement without an on-site audience. On the occasion of this Speedweek, Bonhams also held the auction, which has already become a tradition, but which had to obey special rules. The lots were set up in the Earls Court building at the Goodwood Circuit and could also be viewed there by prior arrangement. The auction was held in London at 101 Bond Street, with a live link to the salesroom at Goodwood. A limited number of bidders were able to follow the auction and place bids at both locations. The usual internet, telephone call and pre-bids were also available.
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Current Market Prices (Selection)
Convertible, 300 PS, 3967 cm3
Convertible, 104 PS, 1897 cm3
4-Door Sedan, 80 PS, 1897 cm3
4-Door Sedan, 50 PS, 1897 cm3
Roadster, 214 PS, 2996 cm3
Coupe, 300 PS, 3967 cm3
Coupe, 300 PS, 3967 cm3
Convertible, 224 PS, 3199 cm3
Convertible, 306 PS, 4973 cm3
4-Door Sedan, 74 PS, 1897 cm3
4-Door Sedan, 50 PS, 1897 cm3
4-Door Sedan, 80 PS, 1897 cm3