$150 Million Classic Car Fund part of the rush of Hedge Funds into Classic Car Investment
There has been a rush of Hedge Funds and Classic Car Funds into the Investment space of Classic Cars recently, with 3 new Funds having been launched in the last 3 months, following the creation of two funds in 2011, including the Classic Car Fund in the United States.
$32 Million paid for a 1954 Mercedes in need of restoration
An article speaking of investing in Classic Cars featured a 1954 Mercedes race car, and announced the sale of this car for $32 Million, out-performing precious metals.
" It's a Stag " is the latest episode of " For the Love of Cars "
The latest episode of " For the Love of Cars " aired last evening on the ABC in Australia, and featured the very controversial Triumph Stag.
$170 Million purchase of Classic cars made by Jaguar/Land Rover
A Classic Car collection of 543 cars that was owned by Dr. James Hull has been sold to Jaguar Land Rover, who have purchased the entire collection.
Reuters, UK
By: Isla Binnie
IMOLA, Italy - Twenty years after Ayrton Senna died at Imola's race track, the town is gearing up to honour a Formula One driver it remembers as much for his charity and charisma as his three world championship wins.
Paul Fraser, Paul Fraser Collectibles
Sleek fender lines, chrome grills, plush vintage interiors... No wonder the international designer Ralph Lauren once described classic cars as "moving works of art."
David Atkin, LinkedIn
Classic cars are a good investment that more people need to pay attention to, more people need to see the value in them and restore them. There are of course survivors out there that need no heavy restoration work and these are the truly valuable cars.
Boxcore News
Inaugural event set to share expert knowledge on classic car market
Newsday, USA
By: Steve Linden
Any regular reader of this column will know that I have long advised collectors to buy a classic car because they want it, and to “leave the investing to the investors.”
Daily Finance
By: Hank Coleman
Is investing in the classic car market the next big thing? If so, is it right for you?
The Telegraph, UK
By: Ben Martin
Coutts found that so-called "passion investments" climbed 77pc since 2005.
The Gentlemen's Journal, USA
Warren Buffett once said, “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” Today his wealth is estimated at $47 billion, making him the world’s third richest person.
CNN, USA
By: Stephanie Ott
If investing in credit default swaps or commodity derivatives doesn't exactly fill your heart with a sense of wonder and excitement, then a product with a little more va-va-voom could be a surprisingly viable alternative: vintage cars.
Fox News, USA
By: Rob Sass
Here are some of our favorite killings in the classic car market