Home  
Site Partners: SpotterGuides Veloce Books  
Related Sites: Classic Cars Monthly Your Link Here  

Go Back   TenTenths Motorsport Forum > Historic Racing & Motorsport History > Historic Racing Today

Reply
 
Thread Tools Display Modes
Old 26 Jan 2007, 15:23 (Ref:1826561)   #1
simon drabble
Veteran
 
Join Date: Aug 2001
Location:
Hampshire
Posts: 5,676
simon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the grid
Following an article in Octane magazine

what race cars do you think will be the hot investment this year, Pantera GR4 have been hyped a lot as has Batmobiles but what else? Will GTA's continue their current strength?
Will Historic S2000 take off with the stand alone races?
simon drabble is offline  
Quote
Old 26 Jan 2007, 17:47 (Ref:1826690)   #2
Jeremy Hall
Racer
 
Join Date: Sep 2006
Posts: 400
Jeremy Hall should be qualifying in the top 10 on the grid
Anyone who knows the answer Simon ain't saying and surely anyone who posts an answer ain't playing for real. However who am I to stand in the way of idle speculation.
That having been said I understand the serious wealth management professionals are advising be out of big money cars by Christmas 2008 latest latest.
Jeremy Hall is offline  
Quote
Old 27 Jan 2007, 23:36 (Ref:1827509)   #3
esper
Veteran
 
esper's Avatar
 
Join Date: May 2004
Netherlands
nl
Posts: 1,479
esper should be qualifying in the top 10 on the grid
I hope the last phrase is right,
I will stick to investing to much in my own cars according to "consultants".
Hoping to have as much opossite lock as possible
esper is offline  
__________________
did anyone find my 3/4-7/8 GEDORE ringspanner at SPA?
Quote
Old 29 Jan 2007, 08:01 (Ref:1828328)   #4
simon drabble
Veteran
 
Join Date: Aug 2001
Location:
Hampshire
Posts: 5,676
simon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the grid
Jeremy I disagree - as with any illiquid investment once you have you position on you need to sing it from the rooftops and let others follow suit!

The interesting debate is really do you think 70's cars will take over from 60's cars, how much sway are Goodwood and Gentlemen drivers in keep the 60's cars at a premium to 70's cars?

There has always been a lot of talk about the 40 year olds dictating values as its all about the cars they wanted as children, however D Types etc still seem very well bid so I guess it doesnt make that much difference!

In terms of timing I think its very difficult to putting an end date to the current boom. There is clearly a lot more real money in this market compared to the late 80's and if you see how wine has also become an accepted alternative investment asset class I think cars will continue to move until such time that a US economic recession occurs. At that point I agree it could get ugly.
simon drabble is offline  
Quote
Old 29 Jan 2007, 10:51 (Ref:1828441)   #5
zefarelly
Veteran
 
zefarelly's Avatar
 
Join Date: Apr 2002
European Union
Posts: 9,699
zefarelly has a real shot at the podium!zefarelly has a real shot at the podium!zefarelly has a real shot at the podium!zefarelly has a real shot at the podium!
Wine is a dreadful investment, I just drink it!

70's cars are getting more expensive, I can't see 60's cars getting cheaper

Simon, buy old Rovers! I would say Skodas but theres a guy opposite Shoreham power station with at least 10 outside his house so he's got the market cornered
zefarelly is offline  
Quote
Old 29 Jan 2007, 11:04 (Ref:1828447)   #6
Tim the Grey
Veteran
 
Tim the Grey's Avatar
 
Join Date: Aug 2004
Wales
Across the M40 from Gaydon...
Posts: 3,843
Tim the Grey has a real shot at the championship!Tim the Grey has a real shot at the championship!Tim the Grey has a real shot at the championship!Tim the Grey has a real shot at the championship!Tim the Grey has a real shot at the championship!
Golf GTi is the way forward?
Also, I'd lay down an M3 or 2, were I in the position.
Be AHEAD of the wave, not ON it.
Tim the Grey is offline  
__________________
Tim Yorath
Ecurie Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch
Fan of "the sacred monster Christophe Bouchut"...
Quote
Old 29 Jan 2007, 11:26 (Ref:1828464)   #7
Jeremy Hall
Racer
 
Join Date: Sep 2006
Posts: 400
Jeremy Hall should be qualifying in the top 10 on the grid
Following the recent installation of a new lavatory in my office, my redundant pile of Classic Cars etc is getting one last read before they are disposed of.
From 1973 what we see is that the only car to buy was a Silver Ghost-they were streets ahead of anything else-where are they today,just where they were. Pre war single seaters have gone from top of the market to not the top of the market as the buyers move on to TGP ,Group C etc. So very volatile market, currently very hot for Ferrari with huge anmounts -billions US I know for a fact, of borrowed money.
US market also very big into muscle cars which means nothing over this side of the pond.
The competition car market is driven by the events-Goodwood cars, Monte Carlo cars, Le Mans cars, Tour Auto cars and influence by Masters,TGP and Lurani.
Outside those cars are making/worth less than they cost to build-rally Porsches etc.
I have no feel for the Ferrari silly market at all except to repeat the wealth management comment from earlier which seems to say there may not much more legs in the market, but those of us who watched,I was not a player, in the late eighties know that it creeps up on you, and that a couple of interest rate rises can devastate in lots of areas.
Now the Historic competition market, it has to keep coming forward because excluding the fakers there need to be more cars. However moving into the nineties may be problematic, difficult cars to run-technology etc, lessening public interest-fewer spectators and competitors so less magic etc etc, track time getting costlier so good grids needed and so on.
Questions remain as to the continuing appeal of some of the star meetings, how many GTO's run at Goodwood nowadays.
Lastly there is the green thing, one could paint a picture where ''old car racing'' was the sacrificial lamb thrown to the greensby the powers that be , noisy, smelly, very ungreen so how about modern nice racing carries on but ''old cars'' are restricted to demonstrations and track days;no-one ain't buying then.
Hard calls all round.
Jeremy Hall is offline  
Quote
Old 29 Jan 2007, 11:55 (Ref:1828496)   #8
simon drabble
Veteran
 
Join Date: Aug 2001
Location:
Hampshire
Posts: 5,676
simon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the gridsimon drabble should be qualifying in the top 3 on the grid
in a perfect world I would definately buy a 70's car for future growth in addition to my current car. Its an interesting point asto whether its worth taking the gamble of selling a Goodwood car for a 70's one.....

The US and European markets are quite different in so much as American buyers are quite happy to put finance on thier investment cars whereas in Europe we generally dont, this does mean that they are more susceptable to rate hikes and therefore the rally in Muscle cars must look overheated.

Without wishing to gaze too hard into the crystal ball I reckon we are pretty close to teh top of the interest rate cycle so I would not be too concerned by further hikes. I would be more concerned by the US and UK property markets. If they continue to harden so do cars but if they dont......

In respect to the old single seaters I wonder if that is more of a safety issue and a general trend towards GT cars rather than single seaters.
simon drabble is offline  
Quote
Old 29 Jan 2007, 12:17 (Ref:1828519)   #9
Cameron Winton
Racer
 
Join Date: Apr 2003
Location:
Prestwick, Scotland
Posts: 181
Cameron Winton should be qualifying in the top 10 on the gridCameron Winton should be qualifying in the top 10 on the grid
Has anyone seen the money Mk2 Escort rally cars are going for?

There's a thought
Cameron Winton is offline  
Quote
Old 29 Jan 2007, 14:09 (Ref:1828594)   #10
Jeremy Hall
Racer
 
Join Date: Sep 2006
Posts: 400
Jeremy Hall should be qualifying in the top 10 on the grid
Quote:
Originally Posted by Cameron Winton
Has anyone seen the money Mk2 Escort rally cars are going for?

There's a thought
Not really Cameron, they are winners-the new money that comes into Historic Motorsport, mostly, only buys at the front. Trouble is that 90 % of any grid, start line or whatever since the dawn of motoring sport has been utter garbage; so winnners are expensive on the grounds of rarity.
Jeremy Hall is offline  
Quote
Old 29 Jan 2007, 14:44 (Ref:1828621)   #11
terence
Veteran
 
terence's Avatar
 
Join Date: Sep 2006
Germany
Nordschleife
Posts: 12,838
terence should be qualifying in the top 10 on the gridterence should be qualifying in the top 10 on the grid
As in rarity ,how about the ex works Healey at £250.000
terence is offline  
__________________
Living the dream,Chief instruktor and racing on the worlds best circuits-The Nordschleife and Spa.Getting to drive the worlds best cars-someone has to do it, so glad its me.
Quote
Old 29 Jan 2007, 14:51 (Ref:1828629)   #12
John Turner
Race Official
Veteran
 
John Turner's Avatar
 
Join Date: Mar 2003
United Kingdom
Pontesbury, Shropshire
Posts: 13,144
John Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of FameJohn Turner will be entering the Motorsport Hall of Fame
Quote:
Originally Posted by Jeremy Hall
Trouble is that 90 % of any grid, start line or whatever since the dawn of motoring sport has been utter garbage.
Eh? Am I really reading that? Totally disagree!
John Turner is offline  
Quote
Old 29 Jan 2007, 15:36 (Ref:1828673)   #13
Jeremy Hall
Racer
 
Join Date: Sep 2006
Posts: 400
Jeremy Hall should be qualifying in the top 10 on the grid
John :Go look at the pix and grids after the front two rows mostly it was makeweights, no hopers and cars after the start money. What is the opposite of rose-tinted specs?
Jeremy Hall is offline  
Quote
Old 29 Jan 2007, 15:44 (Ref:1828680)   #14
TorqueWench
Racer
 
TorqueWench's Avatar
 
Join Date: Dec 2006
United Kingdom
Sunny Berkshire
Posts: 394
TorqueWench should be qualifying in the top 10 on the grid
Quote:
Originally Posted by Jeremy Hall
the new money that comes into Historic Motorsport, mostly, only buys at the front. Trouble is that 90 % of any grid, start line or whatever since the dawn of motoring sport has been utter garbage; so winnners are expensive on the grounds of rarity.
Jeremy - there you are again saying exactly what you think, instead of thinking about it! I suppose it depends on what you call "utter garbage" - does that cover slower, smaller-engined but (as original as possible) cars in the hands of not-very-good drivers - because in that case I could agree. You don't get "a front of the grid" without others there at the middle and back racing, but not all of them are going to be a rare original with a modern Nuvolari on board!

If not, then that's a statement I couldn;t agree with - by the way, do you still have all those NSUs? Was it NSUs?
TorqueWench is offline  
__________________
Sarah Hutchison
Track Days, Motor Race Events Management, ARDS Racing Instructor, Land Rover Off-Road Instructor, Wine Taster, Gardener, Domestic Engineer!
Quote
Old 29 Jan 2007, 15:54 (Ref:1828696)   #15
john ruston
The Scarlet Pimpernel
Veteran
 
Join Date: Feb 2004
Location:
Retired roaming
Posts: 5,256
john ruston has a real shot at the podium!john ruston has a real shot at the podium!john ruston has a real shot at the podium!john ruston has a real shot at the podium!
At last someone understands these are toys and not investments.The advantage with an Historic car is that if bought correctly it can be sold at the purchace price The 10-50000 pounds it costs per season to run the thing is the cost of the hobby .Mr Hall is correct the majority of the cars on the grid do not expect to compete at the front but as long as the drivers enjoy themselves no problems.Remember very few people know or care who wins races and as its a minority club sport most of us return to our normal lives on Monday's.Simon you should know better 99.9% of the drivers have failed in there bid to become the next big star.Its Sunday morning football!
john ruston is offline  
__________________
john ruston
Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Octane Ratings Alan Cherry Racing Technology 41 13 Aug 2006 22:59
Octane booster breezeblock Racing Technology 20 12 Aug 2006 13:14
The real effect of higher vs. lower octane fuel Sharky Road Car Forum 9 24 Jan 2005 17:51
magazine article price guide for vintage FF's? briandoll Motorsport History 5 8 Apr 2004 06:56
Octane magazine SL Motorsport History 5 18 May 2003 22:38


All times are GMT. The time now is 00:30.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2023, vBulletin Solutions Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2021 Royalridge Computing. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2021-2022 Grant MacDonald. All Rights Reserved.