Last Updated on 10/23/2006 by bidz

Ex-LA Times publisher’s rare car collection breaks auction record

North County Times – State / West
By: Associated Press
October 22, 2006

“OXNARD, Calif. (AP) — An auction of 90 rare cars and motorcycles owned by late Los Angeles Times publisher Otis Chandler brought in over $36 million Saturday.

Two classic cars sold for more than $2 million dollars each. A 1931 Duesenberg J Special Phaeton fetched $2.64 million and a 1904 Mercedes 40/45 HP Sports Touring went for $2.25 million, auction officials said.”

Read the Full Story >>