Steve McQueen's Porsche 911 Turbo sells for £1.25m in Pebble Beach classic car ... - Sunday Times Driving (blog)

MORE THAN $400m (£250m) changed hands during this year’s Pebble Beach auction week, the biggest amount yet in its 65-year history. Ferrari garnered the highest bids – seven of the top 10 sales – but it was a Porsche once owned by the actor Steve McQueen (above) that was arguably the highlight of the auctions. One of the world’s most prestigious classic car events, Pebble Beach proved again that motors can be lucrative investments – several estimates were smashed. The last special-order car to be bought by the actor before his death, it drew bids all the way up to $1. 95m (£1. 25m) – around 10 times the value of a standard 930. . Motor sport heritage and rarity are also important at Pebble Beach, of course,... Auctioned by Sotheby's, the so-called Pinnacle Portfolio raised $75. 4m, breaking the record for a private collection sold in a one-day auction. Source: www.driving.co.uk