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  3. RM SOTHEBY’S EXPANDS GLOBAL REACH WITH OFFICIAL LAUNCH IN THE MIDDLE EAST AND NORTH AFRICA REGION

RM SOTHEBY’S EXPANDS GLOBAL REACH WITH OFFICIAL LAUNCH IN THE MIDDLE EAST AND NORTH AFRICA REGION

05 May 2023

RM Sotheby's, the global leader in collector car auctions, has announced the official inauguration of its Middle East and North Africa operations, via an event held to mark the company's commitment to cater to the growth of the local automotive scene and culture in the region.

An exclusive launch party at Sotheby’s Dubai gallery

An exclusive launch party at Sotheby’s Dubai gallery

The inauguration was celebrated with an exclusive launch party, which took place at Sotheby’s Dubai gallery in the DIFC and was attended by a glamorous mix of automotive enthusiasts, art and watch collectors, event organizers and industry professionals from across the region. The event offered guests a chance to understand RM Sotheby’s mission in the region and experience the very best of the classic and collector car world, with, on view, a 1961 Ferrari 250 GT SWB Berlinetta by Scaglietti that was flown in for this special occasion prior to returning to Europe to be offered for sale at RM Sotheby’s upcoming auction at Villa Erba during the world renowned Concorso d’Eleganza Villa d’Este on the shore of Lake Como, Italy, on May 20th. A selection of Sotheby’s luxury and fine art private sales offerings were also on view on at the event.

"RM Sotheby's is delighted to be officially launching our operations in the Middle East," said Ghita Mejdi – Senior Consultant, RM Sotheby’s. "The region has tremendous potential and a vibrant automotive scene unlike anywhere in the world. With over 40 years of experience in the global car collector market, we are excited to bring our expertise and passion to the Middle East and look forward to working with our partners to contribute to the automotive culture and bring our clients to experience a whole new level of belonging to our community’’.

Peter Wallman, RM Sotheby’s Chairman, EMEA, said: “We are delighted to have launched our business into the Middle East and Africa, as we fully recognize the passion that the region has for beautiful motor cars and what an outstanding opportunity it is for our business to serve those enthusiasts and collectors. Our recent visits to the region have clearly demonstrated to us the burgeoning classic car culture, infrastructure and event scene which includes the Gulf Historic Grand Prix and the Mille Miglia Experience, and it is these types of events that provide the foundation for the collectors car market globally”.

The launch of RM Sotheby's in the Middle East

The launch of RM Sotheby's in the Middle East

With a track record of selling some of the most significant cars in the world, RM Sotheby's is well placed to advise and help collectors in the Middle East secure their dream vehicles as well as assisting in the entire lifestyle element that is associated with purchasing the car.

Peter Wallman continues: “The collector’s car community is largely about shared experiences and belonging, and we wholeheartedly share these values and enthusiasm. We bring a unique offering to a part of the world that hasn’t previously benefitted from the level of automotive expertise and global reach, that we can bring to this market. This is just the beginning of what I know is going to be an incredible new chapter for RM Sotheby’s, and we intend to support the region by involving ourselves in as many motoring events as we possibly can.”

RM Sotheby's has a long-standing reputation for excellence and has sold some of the most significant cars in the world, including a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, which sold for a record-breaking Eur 135 million in 2022.

The launch of RM Sotheby's in the Middle East is a significant development for the region's automotive scene, and the company is excited to bring its expertise, professionalism, and passion for classic and collector cars to this discerning market.

Daniel Asmar, Managing Director for the Middle East and North Africa at Sotheby’s said: “We are delighted to welcome our colleagues at RM Sotheby’s to the region and to work alongside the established team of specialists that we have based here in Dubai. Collector grade motor cars are now an integral part of our Luxury Division, and with the passion and enthusiasm that this market has for all things motoring related, we believe that Sotheby’s now caters for all areas of the collecting community with unsurpassed expertise.”

Motor 283

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Italian Government Pressures Alfa Romeo to Rename Milano SUV to 'Junior'

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In a surprising turn of events, Alfa Romeo has announced that it will be changing the name of its recently unveiled Milano SUV to "Junior" after facing pressure from the Italian government. This decision comes amidst criticism from Italy's industry minister, Adolfo Urso, who expressed concerns over the marketing of a foreign-manufactured vehicle bearing an Italian name.

Auto China 2024 and beyond: Mercedes-Benz to showcase its focus on China with new products and localised developments

16 Apr 2024
Auto China 2024 and beyond: Mercedes-Benz to showcase its focus on China with new products and localised developments

At and around Auto China 2024, Mercedes Benz underlines its commitment to delivering dedicated products and technologies to Chinese customers. As the largest single automotive market in the world, China plays an important role in the long-term strategy of Mercedes Benz. Running up to the show, the company will maintain its leadership position in this market, headlined by the world premiere of the all-new electric Mercedes Benz G Class.

China is home to the company’s largest production site and the most comprehensive R&D hub outside Germany, playing a significant role in Mercedes Benz’s global R&D network. In recent years, Mercedes Benz strengthened its R&D capabilities in China, particularly in electrification and digitalisation. In 2021, the company opened the new R&D Tech Centre China in Beijing, equipped with state-of-the-art testing labs, including E drive, battery, charging, NVH, and more. In 2022, Mercedes Benz established the new R&D Centre Shanghai, focusing on connectivity, automated driving, plus software and hardware development. This April, a new building will be added with advanced hardware and software facilities designed to accelerate local development in cutting-edge digital innovations. Besides the R&D Centre, the existing Design Centre will continue to promote the digital dimension in Mercedes Benz designs.

Gordon Murray Automotive reveals all T.50s commemorative names ahead of prototype global dynamic debut

16 Apr 2024
Gordon Murray Automotive reveals all T.50s commemorative names ahead of prototype global dynamic debut

Premium British vehicle manufacturer Gordon Murray Automotive (GMA) has announced the 25 commemorative names to be paired with the 25 T.50s Niki Lauda chassis. Each of the track-only T.50s supercars will celebrate Gordon Murray’s rich racing heritage with their names commemorating the dates of his first 24 Grand Prix wins at different circuits, and a special endurance race victory.

Already allocated to their owners, each of the T.50s chassis is themed chronologically, starting with Murray’s first race victory – 1974 South Africa at Kyalami – and continuing with each subsequent win at unique locations: 1974 USA at Watkins Glen; 1975 Brazil at Interlagos; 1975 Germany at Nürburgring; 1978 Sweden at Anderstorp; 1980 Italy at Imola; 1980 Netherlands at Zandvoort; 1981 Argentina at Buenos Aires; 1982 Monte Carlo at Monaco; 1982 Canada at Montreal; 1983 Brazil at Rio; 1983 Italy at Monza; 1983 UK at Brands Hatch; 1984 USA at Detroit; 1985 France at Paul Ricard; 1988 Mexico at Mexico City; 1988 UK at Silverstone; 1988 Belgium at Spa; 1988 Portugal at Estoril; 1998 Spain at Jerez; 1988 Japan at Suzuka; 1988 Germany at Hockenheim; 1988 Hungary at Hungaroring; 1988 Australia at Adelaide; 1995 France at La Sarthe.

The news comes ahead of the global dynamic debut of the T.50s Niki Lauda prototype on 13 April at the UK’s Goodwood Motor Circuit. The first public outing for the T.50s prototype will headline the 81st Goodwood Members Meet where more than 15,000 track spectators will enjoy the first outing of the race-spec car revving through to its 12,100 rpm redline. The T.33 mule ‘James’ will also make its dynamic debut at the event marking the progress made by the GMA R&D team and enabling the public to hear the GMA.2 V12 engine for the first time.

The Goodwood event will celebrate the career of famed racer Niki Lauda – the 1970s and 1980s F1 driver whose name appears on every T.50s. Raising the occasion’s significance further, GMA will explain the unique connection between the T.50s and the iconic Brabham BT46B ‘Fan Car’ that Niki Lauda drove to a commanding victory at the 1978 Swedish Grand Prix.

Conceived by Gordon Murray during his 17-year tenure as Chief Designer at the Brabham Formula One team, the BT46B rose to instant iconic status due to Murray’s innovative addition of a ground-effect fan system. Having dominated and won its inaugural race at Anderstorp, Sweden in the hands of Niki Lauda, the model was withdrawn by Brabham to pacify other teams for the good of the championship.

Gordon Murray, CBE – Executive Chairman, Gordon Murray Group: “The dynamic debuts of the GMA T.33 mule and GMA T.50s XP1 mark an important milestone in the development of both supercars. I’m also proud that we will participate in honouring a man who was a one-of-a-kind racer and a great friend by showcasing the T.50s Niki Lauda at Goodwood. Additionally, revealing the 25 historically significant motor racing names for our track-only T.50s is the perfect way to celebrate a favourite event for me and the whole GMA team.”

GMA’s Dario Franchitti will present attendees with an insightful overview of the story of the BT46B and its significance in the design and engineering of the T.50 supercar and its track-spec T.50s sibling. The GMA team will also be joined by His Grace the Duke of Richmond who will take a tour of the Murray display of heritage race cars and modern-day GMA supercars.