Published: 9/20/2011

Silver Ghosts, Ferrari top auction bids

BLOOMBERG NEWS

LONDON — A Ferrari convertible and two Rolls-Royce Silver Ghosts stole the limelight at $11.8 million in U.K. auctions as collectors competed for the finest classic cars and passed on others.

The Ferrari 365GTS/4 Daytona Spyder took a top price last week of $940,592 at Bonhams’s annual auction. The 1971 car overtook the Rolls-Royces, one from 1908 and the other dated 1911, which fetched $766,983 and $662,718, respectively.

The Rolls-Royces formerly had been owned by Ohio developer Richard Solove, a native of Columbus. Mr. Solove, who died in January at 85, was a major donor to Ohio State University’s cancer research center and served on numerous boards.

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