Lightweight Porsches Fly At Silverstone October 2016 Auction


October 19, 2016 By Mike Lee
Last updated on October 19, 2016

silverstone-auction-1973-porsche-911-2-4t-mfi-coupe

  • Silverstone Auctions’ Porsche Sale, in conjunction with Porsche Club GB, took place on Saturday, 15th October.
  • The auction house sold 70 per cent of the cars on offer for total sales of £2.5million, with lightweight, performance Porsche 911s selling for strong prices.
  • A special preview evening with Derek Bell, MBE took place on Friday 14th October.

Silverstone Auctions was back at Silverstone circuit for the final time this year to host its second annual Porsche Sale, in conjunction with Porsche Club GB, on Saturday 15th October. A significant number of international bidders online as well as hundreds of Porsche enthusiasts and Porsche Club GB members joined the specialist auction house, which sold 70 per cent of the cars on offer for total sales of £2.5million.

As one of only 50 UK cars and with just 21,000 miles from new, it was anticipated that the 1986 Porsche 911 (930) Turbo ‘Flachbau’ would be taken seriously by buyers and indeed it was, selling for £140,630, more than £40,000 over its lower estimate. A similarly low mileage, sparkling 1989 Porsche 911 (930) Turbo, UK supplied with just 24,000 miles from new, sold for £151,880 including premium.

Lightweight 911s, the favourite of Porsche purists, proved some of the most popular cars in the auction hall, with a 2010 Porsche 911 (997) GT3 RS – Gen II, finished in the distinctive colour combination of Carrera White with Red wheels and decals, selling for £168,750, more than £30,000 over its lower estimate.

Arguably the most driver focused 911 of all time, a superb 1991 Porsche 911 (964) Carrera RS NGT, sold for £157,500, more than £20,000 over its lower estimate. A rare and very early example, a 1999 Porsche 911 (996.1) GT3 Clubsport drew many admiring glances and sold for £70,130, £15,000 over its lower estimate.

Offered to the open market for the first time in over 30 years and a prime candidate for restoration, a 1973 Porsche 911 2.4T MFi Coupé was incredibly hard fought over between phone bidders and those in room. After a long bidding war it eventually sold for £45,000, three times its lower estimate.

Speaking after the auction, Nick Whale, managing director of Silverstone Auctions, said: “As a huge Porsche fan I’m delighted that we’ve been able to offer some fantastic cars to new owners, as well as securing strong prices for our highly valued vendors. I’d like to thank Porsche Club GB once again for its support as well as racing legends Derek Bell and John Fitzpatrick for attending and making it a very special weekend for Porsche enthusiasts.”

The sale offered more than just 911s and an example of every transaxle Porsche was available, with all but one selling. Possibly the best on the market, a show winning 1988 Porsche 944 Turbo S sold for £35,440. A remarkable timewarp 1981 Porsche 924, hidden away for the last twenty years, sold for £15,750 and a rare manual 1991 Porsche 928 GT sold for £24,750.

Nick added; “It’s not long to go until our final auction of the year, a two-day spectacular at the Lancaster Insurance Classic Motor Show on the 12th and 13th of November. More than 100 cars will be going under the hammer and I look forward to seeing customers old and new at the NEC.”