Racing cars in pole position at auction.
Reynard Motorsport's rapid growth and resultant move to new premises has left it with something of a problem - what to do with its surplus cars and equipment.
The company has expanded its business over the last few years, resulting in relocation to a purpose built 14-acre complex at Brackley, a site shared with the British American Racing Formula One team. The move, however, has generated the sale of surplus equipment, together with a unique opportunity for enthusiasts to buy some prized racing cars, which will now be sold off at auction.
Reynard Motorsport's rapid growth and resultant move to new premises has left it with something of a problem - what to do with its surplus cars and equipment.
The company has expanded its business over the last few years, resulting in relocation to a purpose built 14-acre complex at Brackley, a site shared with the British American Racing Formula One team. The move, however, has generated the sale of surplus equipment, together with a unique opportunity for enthusiasts to buy some prized racing cars, which will now be sold off at auction.
FPDSavills has been instructed to catalogue and auction some 600 lots for the impending sale, a number of which have 'star' status in the sale and are expected to attract both collectors and enthusiasts alike. These include a DAMS 1995 Formula One prototype, a 1992 Reynard 92D F3000 show car and a 1999 Reynard 99i Champcar, as raced by Patrick Carpentier in the USA FedEx Champ Car Series.
Other collectable lots to be offered include 15 Reynard go-karts, spares to fit the 1995-96 Reynard Champcar, 1996-98 Ford Mondeo touring car, 1997-98 Panoz GTR1 and a selection of body panels, wings, seats, wheels and many other parts, tools and specific related equipment. There will also be a range of computers, office equipment and furniture amongst the lots offered for sale.
Reynard Motorsport was formed by Adrian Reynard in 1973, and has since become the world's leading production race car manufacturer with a turnover of around ?40million. The company has won several awards for export, including the prestigious Queens Award on two occasions.
''Moving has given us a chance to spring clean the original Bicester site of the company, and this sale seemed an ideal solution for disposing of items that we no longer require, and do not have the space to keep,'' explained operations manager Shay Campbell, ''There are some very collectable items on offer, which unfortunately we must part with to make way for other things as we expand and move ahead in this exciting business.
''This is one of our more unusual sales, offering some exciting lots which are sure to generate interest from enthusiasts and collectors to the intrigued and curious casual buyer, or even spectator,'' commented Mike Hanson, auctioneer for FPDSavills, ''We anticipate a great deal of interest generally, and expect a large attendance throughout viewing and sale days.''
The sale is scheduled for Tuesday 5 September, beginning at 10-30BST at the Reynard Centre, Telford Road, Bicester, Oxon. Lots will be available for viewing on Monday 4 September between 9-00 and 16-00BST. A dedicated e-mail catalogue request line will shortly be available but, in the meantime, further information is available from FPDSavills on (Nottingham) 0115 934 8100.
