Monterey Car Week

ferrariI love this article in the LA Times about the old cars and new money at the Monterey Car Week this weekend.  I am really excited to be going but as I cannot believe a car, even as beautiful as this extremely rare, vintage, 1962 GTO Ferrari, could possibly auction at $70MM.  It’s really quite something!  They’re saying the total sales from this weekend could reach $500MM! That is up from $312MM last year, and $132MM the year before.