You're probably sick to death of me writing about Ferraris that sell for obscene amounts of money in rich locations.
Oh you're not? OK then.
One Thursday this month I was sitting in the Planet Gemini in Monterey listening to a bit of karaoke when one of the locals whispered in my ear, "Do you know that 40 per cent of the most expensive cars in the world are auctioned here?"
In fact it then struck me that I had been in the area to see $520 million of exotic auto erotica pass its way from the well-manicured hands of wealthy owners to the multi-story garages of even wealthier owners.
Six of the top 10 sales were (mainly red) Italians. Any one of the top 10 would have put a minimum of $10m on your credit card and the top selling 1964 Ferrari 250LM would have seen you fork out $22m to the very happy folks at RM Auctions.
Jonathan Klinger from car valuer and classic insurer Hagerty says classic Ferraris from the 1960s were down 25 per cent, while the number of 80s and 90s cars, particularly Porsches, almost doubled this year.

