A Rare Chance for Ferrari Aficionados to Own a Classic Model With Virtually No Miles

If you like your Ferrari purchases to have only delivery miles on them, this sale might be for you.

What RM Sotheby’s is calling the Factory Fresh Collection includes 17 Ferraris, many barely driven, as well as a rare Jaguar XJ220 supercar, a highly desirable E-Type roadster, and a Bentley Turbo R Drophead Coupé. The auction takes place at Marlborough House in London on Nov. 4, coinciding with the famous London to Brighton run for pre-1905 veteran cars the next day.

Pride of the Factory Fresh collection is this 1994 Ferrari 512 TR Spider with just 570 kilometers recorded.
OneSavage/sgcarshoot, courtesy of RM Sotheby’s

The star of the collection is probably the 1994 Ferrari 512 TR Spider, just one of three built that year, and the only one in its combination of Blu Cobalto paint and Blu Scuro Connolly leather interior. The odometer shows just 570 kilometres (354 miles). In keeping with the as-delivered theme, the car comes with its service book, technical manual, and a spare key. Provided it’s been serviced for the road, the owner will in effect be getting a new car. The estimate is £2.1 million to £2.7 million (US$2.56 million to US$3.3 million).

“This a truly remarkable collection,” Peter Haynes, RM Sotheby’s marketing and communications director for Europe, the Middle East, and Africa (EMEA), tells Penta. “There are some very rare cars in their own right, but the standout feature across the majority of the cars is the very low mileage—barely driven in some cases. My personal highlights include the 1994 Ferrari 512 TR Spyder which is one of just three in existence, in addition to the 1992 Ferrari Mondial T, which reads a hardly believable one kilometre on the odometer.”There are two other 512 TRs in the collection, a 1992 (also blue) and a second 1992 in U.K. specification (right-hand drive) with only 3,904 miles recorded. The first of these has a high estimate of £275,000 and the second £320,000.

The 1990 Ferrari Testarossa has just 161 kilometres on the odometer.
Courtesy of RM Sotheby’s

The 1990 Ferrari Testarossa has a surreal 160 kilometres, and is one of just 438 built in right-hand drive. The high estimate is £200,000. The 2001 Ferrari 550 Barchetta Pininfarina (high estimate £350,000) was one of 48 built with drive on the right side, and has traveled only 220 kilometers. One of the two 2008 599 GTB Fioranos has covered only 267 kilometers—making it one of the lowest-mileage in existence. Its high estimate is £180,000.

The Bentley Turbo R Drophead is a performance-oriented convertible.
Robert Cooper, courtesy of RM Sotheby’s

Other Ferraris in the collection with their recorded mileage: 1994 Mondial T Coupé (one kilometre); 1992 348 TS (130 kilometres); a second 1992 348 TS (179 kilometres); 2007 F430 (104 kilometres); 1994 348 GTB (181 kilometres); 1983 400i (2,743 miles). A highly admired earlier Ferrari is a numbers-matching 1973 Dino 246 GTS by Scaglietti. Its high estimate is £450,000.

The 1993 Jaguar XJ200 two-seater is one of very few built.
(sgcarshoot, courtesy of RM Sotheby’s)

Non-Ferraris include a very rare 1993 Jaguar XJ220, one of 282 produced. In keeping with the sale, it shows only 46 miles on the odometer. It’s been recently recommissioned for spirited driving, and is high-estimated at £425,000. A 1969 Jaguar Series 2 E-Type Roadster is also being auctioned, as is a 1991 Bentley Turbo R Drophead Coupé. The Bentley convertible, which is just out of extensive refurbishment by London specialist P&A Wood, has a high estimate of £475,000.

Buyers have the choice of keeping these cars in the garage—and preserving their low-mileage status—or forgetting about all that and driving them with alacrity.

Sydney’s nightlife has long flirted with reinvention, but its latest arrival suggests something more deliberate is taking shape beneath the surface.

Razz Room, the new underground bar and disco from Odd Culture Group, has opened in the CBD, marking the group’s first step into the city centre.

Tucked below street level on York Street, the venue blends cocktail culture with a shifting, late-night rhythm that moves from after-work drinks to full dancefloor immersion.

The space itself is designed to evolve over the course of an evening. An upper bar offers a more intimate setting, suited to early drinks and conversation, while a sunken dancefloor anchors the venue’s later hours, with a rotating program of DJs and live performances.

“Razz Room will really change shape throughout a single evening,” says Odd Culture Group CEO Rebecca Lines.

“Earlier, it’s geared towards post-work drinks with a happy hour, substantial food offering, and music at a level where you can still talk.”

As the night progresses, that tone shifts.

“As the evening progresses at Razz Room, you can expect the music to get a little louder and the focus will shift to live performance with recurring residencies and DJs that flow from disco to house, funk, and jazz,” Rebecca says.

The concept draws heavily on New York’s underground club scene before disco became mainstream, referencing venues such as The Mudd Club and Paradise Garage. But the intention is not nostalgia.

“The space told us what it wanted to be,” Lines explains. “Disco started as a counter culture… Razz Room is no nostalgia project, it’s a reimagining of the next era of the discotheque.”

Design, too, plays its part in shaping the experience. The upper level is warm and textural, with timber finishes and burnt-orange tones, while the sunken floor shifts into a more theatrical mood, combining Art Deco references with a raw, industrial edge.

A Rare Chance for Ferrari Aficionados to Own a Classic Model With Virtually No Miles

Odd Culture Group brings a new kind of after-dark energy to the CBD, where daiquiris, disco and design collide beneath the city streets.