Brewin Dolphin with an office in Exeter is delighted to be one of the key sponsors of this year’s Goodwood Revival, the first of a three-year commitment to one of the finest tributes to classic cars in the world – at a venue steeped in motorsport history.
The three day event – from 11-13 September – is much more than a petrol-fuelled celebration of four (and two) wheels; it’s a magical weekend that recreates the historic racetrack’s glorious heyday. With swing bands and jive dancing, jazz, air displays, a smorgasbord of delicious foods, special parades and the Revival High Street, Goodwood is not only the finest tribute to classic cars in the world, it is also the only UK event to honour the golden era of British motorsport (1940s, 1950s and 1960s) on such a scale and with such grandeur. Indeed one of our own clients will have an extremely rare Frazer Nelson Le Mans Coupe on display in front of the Brewin Dolphin pavilion for our guests to admire.
Tim Walker, Divisional Director and Head of Office, Brewin Dolphin in Exeter said, “We are proud to support an event that has many qualities that matter to our clients – Goodwood thrives on heritage, attention to detail and performance – attributes that have been central to the maintenance of our own high standards and in the reinforcement of our business reputation over the last 250 years.”
Looking beyond the festivities of the Goodwood revival weekend and the romance associated with names such as Ferrari, Aston Martin, Jaguar, Bentley and Bugatti; there are a number of reasons why the classic car market has been so robust and thus so attractive to investors.
The leading marques attract investors from a burgeoning global buying base with single vehicles selling for as much as 10 million (with a Ferrari 250 GTO selling in August for a record $34.65m at a Bonham’s auction). There are no hard and fast rules to follow for investing in classic cars but as with many other collecting fields, rarity, provenance, design and engineering all play their part.