New Auction House in England – Silverstone Auctions

Porsche 911 lined upSilverstone Auctions recently opened for business in the new ‘Wing’ building at famed Silverstone. A joint venture between Silverstone Circuits and Midlands automotive entrepreneur Nick Whale, Silverstone Auctions will specialise in significant auctions of classic cars, modern supercars, all types of competition cars, modern and historic motorcycles and automotive memorabilia.

Silverstone Auctions’ Managing Director Nick Whale said, “The creation of a world-class auction company within the extraordinary venue constructed by Silverstone Circuit, provides a perfect environment and opportunity for both sellers and buyers, especially when combined with significant racing events on the venue’s calendar. Silverstone Auctions will provide the industry expertise, dynamic marketing and exceptional environment that will put every sale on the buyers’ and sellers’ calendar.”

Silverstone Auctions will hold three sales in 2011 and four in subsequent years. This year’s first event is the Moto GP Sale, featuring motorcycle and bike memorabilia to be held on 11 June, 2011: the Saturday of Moto GP’s British round at Silverstone.

The Silverstone Classic Sale on 23 July, 2011 during one of Britain’s largest historic racing events, will offer the finest classic cars, modern super cars, all types of competition cars, motorcycles and ‘automobilia’.

The Walter Hayes Sale on 4 November will round off 2011, held at the traditional end of season race meeting with lots comprised of classic cars, current super cars, competition cars, motorcycles and automobilia.

The auction venue is housed in Silverstone Circuit’s new building, The Wing, which is the result of a £30 million investment by the BRDC and the longest building in Britain at a length of 360 metres, and 90 metres high at its tallest point.

From 70 to 100 auction vehicles can be displayed, with clients also able to preview racing car lots in the environment of Silverstone’s new pit garages. The modern facility can accommodate 400-plus seated attendees on a mezzanine auction floor, while its central location allows easy accessibility off the M1 and M40 as well as a heli-port. On-site auction parking for up to 3,000 cars is provided and easy, covered loading and unloading for vendors and buyers with a dedicated turning facility specifically for articulated lorries.

The Managing Director of Silverstone Circuits, Richard Phillips said, “We have a huge asset with the ‘Wing’, which is the perfect venue for top class car and motorcycle sales. With Valentino Rossi due to make his UK Ducati debut at our Moto GP meeting in June, we can think of no better time or place for our first motorcycle sale, and a perfect launch event for Silverstone Auctions.”

For more information about Silverstone Auctions, visit www.silverstoneauctions.com.

[Source: Silverstone Auctions; photo credit: Tim Scott / Fluid Images]