#Auction Record

News tagged with #Auction Record

Blue Ferrari Luce, the first production electric car by Ferrari, sold at RM Sotheby's auction for $40 million

First production Ferrari Luce sells for $40 million: how RM Sotheby's auction turned the electric car market upside down

Technology 08/18/2026, 05:41
🚨 Historic record: first production Ferrari Luce sells for $40 million! 🏎️💸 🔹 RM Sotheby’s auction in Monterey became the stage for a unique event: the first unit of the Ferrari Luce electric supercar sold for $40 million—36 times its initial estimate! 🔹 Jony Ive’s design sparked debate, but the model’s exclusivity (chameleon paint, grey leather interior) made it highly sought after by collectors. 🔹 Proceeds will go to charity—a tradition of RM Sotheby’s auctions. 🔹 While classic models (e.g., 250 GTO at $48.4 million) still lead, the Luce proves: even Ferrari electric vehicles can generate record sums. 🔹 The 2026 quota sold out in under 2 months, but the question of the model’s long-term liquidity remains open. #Ferrari #Luce #Auction #ElectricCars #Luxury #RMSothebys
Read more →
White Nelore bull on green background — the most valuable genetic asset in livestock history

Genetic Billionaire: Why a Brazilian Nelore Bull Became the Most Expensive Animal in History

Economy 08/17/2026, 01:44
🐂 Brazilian Nelore bull named Carina has become the most expensive animal in history, selling for $4.74 million. Record broken! 💰 Why is the bull worth more than a house? 🤔 1️⃣ Genetics matter more than meat: value lies in the ova, each worth $110k. 2️⃣ Champion: Carina won national championships three times. 3️⃣ Legacy: The Nelore breed makes up 80% of Brazil's herd. Investors are not buying livestock, but the future of generations of elite cattle. 🧬🇧🇷 #Brazil #Livestock #Record #Auction #Nelore
Read more →