But wait. The auctioneer stopped the bidding when he noticed the price on the screen was wrong. ...
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Auction of one-of-a-kind Porsche
Auction of one-of-a-kind Porsche!
A much-hyped car auction sputtered out in the weirdest way Saturday. A 1939 Porsche “Type 64,” the only of its kind still existing, was expected to sell for around $20 million at an auction by RM Sotheby’s BID, +0.52% in Monterey, Calif., on Saturday night. Auction-goers heard bidding start at $30 million, then $40 million, and as the now-abuzz crowd gasped and cheered, it quickly zipped up to $70 million — a record price for any car auction....
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Consider the fact that the word “Motor” is in the brand’s name and it’s no longer surprising that BMW has made some incredible engines over the decades...
It's called the GPV Colonel, and it was originally manufactured by a company called General Purpose Vehicles in Michigan. A quick internet search shows the manufacturer builds several such vehicles designed for military use, but exactly how Yadlowsky and his partners came upon this particular machine is something of a mystery. Another quick internet search shows Yadlowsky and GPV headquarters are only about 45 miles apart, so that could have something to do with it.. ....
