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Exotic car collection belonging to rockstar heads to auction

Rockstars are well known for two things, over-the-top parties and having an extensive collection of valuable cars. The latter is true today as a number of exotics, belonging to the late J. Geils of the band and his namesake.

The collection of cars and motorcycles will be put up for auction at the upcoming Mecum’s Daytime Auction in Monterey, which we have covered in a previous article. These vehicles will go onto the auction block on 19th August without reserve, mind you, but should still fetch a respectable amount of money.

A number of noteworthy vehicles in J. Geils’ collection include a blue and grey 1961 Ferrari 250 GTE 2, 1967 Lancia Flaminia 2.8 3C and a 1967 Fiat Dino Spyder. As for his motorcycle collection, the two-wheelers that stand out the most are the 1983 Benelli 900 SEI, a 1976 MV Agusta 125 SS and a 1970 Ducati 350 Desmo.

Even if you aren’t a fan of this rocker, there’s no denying that he had an exquisite taste when it came to cherry-picking his vehicles. Besides this, most of them were probably well looked after by the late rockstar or his garage’s custodian and technicians.

This is especially true with his 1961 Ferrari 250 GTE. It still has its original 3.0-litre V12 engine and 5-speed gearbox. Though this isn’t surprising considering its value, but vehicles from that era would usually have had some repair work or replacement parts swapped onto them at some point in time.

Mecum’s Daytime Auction will be taking place from August 16th to the 19th and will see 600 vehicles rolling on and off the showroom floor within that timeframe. There are several big name cars like the Ferari LaFerrari, Koenigsegg CCXR Trevita and 1958 Lister-Jaguar that will be part of the auction event.

So, stay tuned and we will let you know the outcome of this auction and whether any records were broken. High profile events such as these are bound to attract those from the upper echelon of society with deep pockets.

Surge in demand for BMW electrified vehicles

The BMW Group, which is comprised of the BMW, BMW Motorrad, MINI and Rolls Royce brands, has announced its recent sales figures. And based on these numbers, we can say that the Bavarian automaker has had a decent run so far.

Compared to the same period last year, the company has managed to sell 1,401,551 vehicles in the first seven months of 2017. This is a 4.3% increase compared to the previous year and in July’17 alone, sales increased by 0.4%.

Speaking of the achievement, Dr Ian Robertson, Management Board Member for Sales and Brand BMW, said, “Following a record first half-year, our sales in July remain at a very high level, with profitability our primary focus.”

He added, “Despite continuing headwinds in the USA, as well as the model changeover of the BMW X3 and the BMW 5 Series in China, we were still able to achieve last year’s high sales levels, due to our policy of balanced global sales growth.”

July also happens to be a great month for the sales of BMW’s electrified vehicles. And since the beginning of the year the company was able to deliver more than 50,000 BMW i, BMW iPerformance and electrified MINI vehicles. This is a 74.8% increase compared to the same period last year.

Currently, there are total of nine electrified vehicles that are made by BMW. This product portfolio and the fact that it has sold a record number of such vehicle this year has made the automaker the 3rd biggest BEV/PHEV manufacturer in the world.

Supporting this notion is the fact that the i3 has been the company’s best selling compact battery-electric vehicle in the premium segment since 2014. These figures are expected to improve even further as car buyers around the world begin to embrace electrified vehicles as the future of personal mobility.

That said, we shall have to wait and see if these sales figures are affected in anyway by the introduction of Tesla’s affordable family sedan – the Model 3. Touted as the affordable Model S, Tesla hopes to reach a much larger customer base with this relatively inexpensive yet premium EV.

Ford Mustang with carbon-fibre body showcased on Jay Leno’s Garage

Carbon-fibre plays a major part when it comes to weight savings. Significantly lighter than steel but just as tough, it’s a material that has been used wherever and whenever reduction in weight is an important priority.

Carbon-Fibre Reinforced Polymer or CFRP, has been used extensively in the aerospace industry as well as the world of motor racing. Many exotic supercar makers tend to use CFRP extensively in the construction of their vehicles’ chassis and bodywork.

This brings us to a video that we stumbled upon recently. Jay Leno, the former Tonight Show host, has a popular Youtube channel that showcases special and bizarre vehicles. And this time, a video was published about a fully carbon-fibred Ford Mustang GT350R made by Speedkore.

Though the powertrain and internals were left relatively stock, Speedkore built the entire body and its panels from CFRP using their own propriety construction methods. This offers the car a significant weight savings, which will be especially noticeable when there’s a sudden shift in vehicle’s direction.

Check out the video and let us know what you think of this amazing creation as well as whether future muscle cars should have more carbon-fibre bits added to them.

Lotus’ financial health showing signs of improvement

For the first time in a while, Lotus is showing signs of financial stability. This comes after a statement from Lotus Group International Limited (LGIL), saying that it had finished financial year (FY) 2016/17 on plan with a EBITDA profit of £2.0m. This is a marked improvement over the £16.3m EBITDA loss for the same period for the financial year (FY) 2015/2016.

Apart from that, the company has also seen an improvement in Profit Before Tax. This year, it has made a profit of £11.2m, which is a commendable feat considering its dismal £41.2m loss in FY15/16. That said, the bulk of the profit for the FY16/17 came in the second half of the year with a figure of £10m.

Lotus attributes this ‘key’ turnaround to a more streamlined portfolio of sports cars, which includes the Evora, Exige and Elise model range as well as the availability of the new Lotus 3-Eleven. Unlike most automakers, Lotus has stuck to its roots by producing lightweight sports cars with driver enjoyment as the core necessity.

By focusing on its core strengths, the automaker believes that its cars are the finest they have ever been and should pave the way for future investments and developments of new models. And the demand for Lotus vehicles is evident by the company expanding its global markets to include the US. As a result there is now a total of 215 Lotus dealerships in the world compared to 138 that were recorded in 2014.

Speaking of the automaker’s financial feat, Jean-Marc Gales, CEO, Group Lotus plc said, “This is a proud moment for Lotus and to have achieved so much is testament to the hard work of all our staff. Our vastly improved profitability, together with an increase in revenue means that for the first time in many years Lotus is now a self-sufficient and sustainable business.”

Geely’s recent aquistion of Proton, which is Lotus’s parent company, has not changed the governmance of the small scale sports car manufacturer, yet. Though that might soon change as the Chinese giant automaker looks to increase efficiency and synergy between the brands in the near future.

Prototype 9 finally revealed to the masses

Infiniti, Nissan’s luxury arm, has finally unveiled its pet project, the retro sports car that was touted for being a modern interpretation of vintage racer. Called Prototype 9, the car is said to be a celebration of Nissan and Infiniti’s ingenuity, artistry and craftsmanship.

It’s basically a 1940s racer, reimagined through the eyes of Infinit’s current designers and engineers. It began as an ‘after-hours’ project where the automaker’s employees would devote a considerable amount of their leisure time into making this car a reality.

Sporting the same basic dimensions of the racing cars of 1940s, Prototype 9 has a rather squarish tubular design at the front that morphs into more of a rounded one towards the rear. Also a nice a touch, is the massive finned front grille design that is reminiscent of custom American hot rods.

But what’s unique about it is the metallic trim panel that stretches across the entire grille and meets the bodywork of the front axles. In terms of looks, Infiniti broke convention with the car’s paint scheme. Unlike most concepts, this one has a matte silver finish that is similar to what the Silver Arrows racers used to have back in the day.

In total, the car is 4,330mm long, 1,820mm wide and 910mm high with a ground clearance of 65mm. It’s a pretty big vehicle but its overall weight, including the powertrain, weighs about 890kg, which should make it an agile vehicle around corners.

The car has a leading-arm rigid axle with transverse leaf spring front suspension and a De Dion axle with transverse leaf spring for the rear. And despite it being an electric car, it does not have power steering.

Regarding Prototype 9, Alfonso Albaisa, Senior Vice President, Global Design, said, “Prototype 9 celebrates the tradition of ingenuity, craftsmanship and passion of our forebears at Nissan, on whose shoulders we stand today. It started as a discussion – what if INFINITI had created a race car in the 1940s?”

He then added, “If one were to imagine an open-wheeled INFINITI racer on the famous circuits of the era, such as Japan’s Tamagawa Speedway, what would that look like? The sketches were stunning and the idea so compelling that we had to produce a prototype. As other departments became aware of this, they volunteered their time to create a working vehicle.”

Under the rather suave handmade exterior sits a steel ladder frame that should be period correct for the 1940s but be more rigid thanks to modern construction methods and the use of tougher materials.

The car is powered by a single speed powertrain that delivers 148bhp and 320Nm of torque to the rear wheels. Juice is supplied to the motor via a Lithium-ion battery pack and as such, the car is capable of sprinting from 0-100km/h in 5.5 seconds and reaching a top speed of 170km/h.

Infiniti will probably use this car as a design study or a show piece of the talents and capabilities of its design and engineering teams. We doubt that Prototype 9 will be of any use to Nissan’s road-going vehicles in any point in its lifetime.

Mayweather’s rare Koenigsegg is up for auction

One of only two in existence, a 2010 Koenigsegg CCXR Trevita, formerly owned by boxing legend Floyd Mayweather is up for sale. The car will join a line-up of special vehicles that are expected to hit the auction block of Mecum’s Daytime Auction in California.

This very rare Koenigsegg only has 3,133 km on its odometer, which means that since the car was purchased, it has spent most of its time being a garage queen.

It is part of the Ash Crest Collection and is predicted to be one of the most talked-about vehicles at the event. Its expected to sell for a price that is between $2.7 million to $3 million (RM 12 million to RM 13 million).

That said, there are number of other high value supercars that will grace the auction floor on the same day. They include two Ferrari LaFerraris and two Bugatti Veyrons (including 2015 Grand Sport Vitesse edition).

Other notable mentions include a 2016 Aston Martin Vulcan and 2007 Maserati MC12 Corsa. Each of these vehicles are expected to fetch between $2.3 million to $2.7 million (RM 9.9 million to RM 13 million).

Expect to see huge sums of money being spent on this selection of rare and exquisite supercars. Each of them were made in extremely limited numbers, which include the LaFerrari. It was only made available for purchase via invitation from Ferrari.

Supercar auctions command tremendous amounts of money and the one taking place this month at Mecum’s Daytime Auction in Monterey, won’t be any different. Till then, enjoy the picture gallery below.