A 1972 Lamborghini Miura P400 SV achieved a world-record price to top the sale results at the RM Sotheby’s Dare to Dream 2024 classic car auction in Toronto, Canada.
RM Sotheby’s Dare to Dream 2024 sale in Toronto, Canada, included auctions for top cars, motorcycles, and very expensive sneakers from the collection on Miles Nadal. The most expensive car was a 1972 Lamborghini Miura P400 SV that sold for a new model world-record price of nearly $5 million. Strong results were also achieved on modern Ferrari supercars, a million-dollar Daytona Berlinetta, classic Mercedes-Benz sportscars, and modern Porsches.
RM Sotheby’s Dare to Dream Sale in Toronto 2024
RM Sotheby’s achieved a record $69.5 million in the no-reserve Dare to Dream auction series held in Toronto, Canada, in May and early June 2024. Over 1,000 registered bidders from 41 countries across the globe participated in the largest on-site private collection ever sold by RM Sotheby’s.
Of the $69.2M USD ($95M CAD) sale, $65.5 million USD ($89.9 million CAD) was sold in cars and motorcycles and $3.7 million USD ($5.1 million CAD) was sold in sneakers and memorabilia
Million Dollar Results at RM Sotheby’s Toronto Sale 2024
The following 18 cars achieved results in excess of a million dollars each at the RM Sotheby’s Dare to Dream auction in Toronto, Canada, in 2024:
| Lot | Year | Car | Price ($) |
| 1 | 1972 | Lamborghini Miura P400 SV | 4,900,000 |
| 2 | 2003 | Ferrari Enzo | 4,295,000 |
| 3 | 1996 | Ferrari F50 | 4,240,000 |
| 4 | 1985 | Ferrari 288 GTO | 3,882,500 |
| 5 | 2005 | Maserati MC12 | 3,800,000 |
| 6 | 2015 | Ferrari LaFerrari | 3,690,000 |
| 7 | 1990 | Ferrari F40 | 3,470,000 |
| 8 | 1967 | Ferrari 275 GTB/4 | 3,305,000 |
| 9 | 2015 | McLaren P1 | 2,095,000 |
| 10 | 1959 | Mercedes-Benz 300 SL Roadster | 2,095,000 |
| 11 | 2015 | Porsche 918 Spyder | 1,875,000 |
| 12 | 2008 | Bugatti Veyron 16.4 | 1,765,000 |
| 13 | 1987 | Porsche 959 Komfort | 1,682,500 |
| 14 | 1955 | Mercedes-Benz 300 SL Gullwing | 1,655,000 |
| 15 | 1964 | Ferrari 250 GT/L Berlinetta Lusso | 1,490,000 |
| 16 | 2004 | Porsche Carrera GT | 1,297,500 |
| 17 | 1973 | Ferrari 365 GTB/4 Daytona | 1,061,000 |
| 18 | 2022 | Ford GT | 1,050,000 |
Note: Auction held and results in US$. Results include auction premium.
Top Results at RM Sotheby’s Toronto Auction 2024
1972 Lamborghini Miura P400 SV by Bertone
A 1972 Lamborghini Miura P400 SV by Bertone sold for a new world-record $4,900,000, as the most expensive car in the RM Sotheby’s Dare to Dream sale in Toronto. The result was $1,400,000 more than its high estimate and well above the $4,265,310 Gooding on a 1971 Lamborghini Miura P400 SV at its London 2020 Passion of a Lifetime sale.
Only 150 Miura SV examples were produced of the highest-performance production variant of the first “supercar.” At the time of the Toronto sale, this car was the tenth most expensive sold at auction thus far in 2024.
Top Ferrari Results
The RM Sotheby’s Dare to Dream sale in Toronto was a rare opportunity to acquire the “big five” modern Ferraris in a single auction:
- The 2003 Ferrari Enzo, the very first Enzo shown on North American soil and debuted by Ferrari at the 2003 Cavallino Classic sold for $4,295,000.
- The 1996 Ferrari F50, offered from nearly 10 years of consistent care within the collection, sold for $4,240,000.
- The 1985 Ferrari 288 GTO, the cornerstone of the “Big Five” and replete with celebrity ownership provenance (Ryder Cup-winning professional golfer Ian Poulter), sold for $3,882,500.
- The 2015 Ferrari LaFerrari boasted just two owners from new and went to its third owner for $3,690,000 USD.
- The 1990 Ferrari F40, one of the finest and lowest-mileage F40s to emerge on the market of late (1,606 km /~998 miles), sold for $3,470,000 USD.
A further notable Ferrari result was the $1,061,000 achieved on a 1973 Ferrari 365 GTB/4 Daytona Berlinetta — only a handful of “standard” Daytona Barlinettas has ever sold for over a million dollars.
Top Motorcycle Results at RM Sotheby’s Toronto 2024 Sale
The top five motorcycles sold were:
- 2014 Lotus C-01 “John Player Special” sold for $228,000 USD ($312,671.22 CAD)
- 1914 Flying Merkel Model 471 sold for $210,000 USD ($287,986.65 CAD)
- 1938 Indian Four sold for $102,000 USD ($139,879.23 CAD)
- 1949 Vincent HRD Black Shadow Series C sold for $90,000 USD ($123,422.85 CAD)
- 1976 MV Agusta 750S America sold for $78,000 USD ($106,966.47 CAD)
Top Sneaker Results at Dare to Dream 2024 Auction
The top ten sneakers sold in the RM Sotheby’s Dare to Dream 2024 auction in Toronto, Canada were:
- 1972 Nike Waffle Racing “Moon Shoe” | Size 12.5 sold for $306,000 USD ($419,637.69 CAD)
- Michael Jordan Autographed Player Exclusive Rookie Era Nike Air Jordan 1 Game Sneakers sold for $162,000 USD ($222,161.13 CAD)
- Nike x Louis Vuitton Air Force 1 & Pilot Case | Size 10 sold for $85,200 USD ($116,840.30 CAD)
- Nike MAG Back to the Future 2016 | Size 11 sold for $66,000 USD ($90,510.09 CAD)
- Nike Air Jordan 1 What The Doernbecher | Size 10 sold for $67,200 USD ($92,155.73 CAD)
- Nike SB Dunk Low Paris | Size 11 sold for $66,000 USD ($90,510.09 CAD)
- Nike Air Jordan 1 High What The Doernbecher | Size 11 sold for $38,400 USD ($52,660.42 CAD)
- Derek Jeter Nike Air Jordan 11 Retro Premium | Size 9.5 sold for $31,200 USD ($42,786.59 CAD)
- Nike Air Jordan 4 Retro Eminem Encore | Size 10 sold for $30,000 USD ($41,140.95 CAD)
- Nike Air Jordan 1 Cannes Film Festival | Size 9.5 sold for $27,600 USD ($37,849.67 CAD)
Captivating sneaker enthusiasts worldwide, the Dare to Dream sneaker collection sparked excitement with its vast array of rare and highly collectible sneakers hitting the market.
The top 67 pairs of sneakers crossed the block Friday night during the live auction with the 1972 Nike Waffle Racing “Moon Shoe” selling as the top pair. One of the most significant artifacts in the history of the multi-billion-dollar athletic brand and one of only a handful of pairs known to exist, the “Moon Shoe” is a handmade running shoe designed by Nike co-founder and legendary Oregon University track coach, Bill Bowerman, and realized $306,000 USD ($419,637.69 CAD).
Not far behind the Moon Shoe was the Michael Jordan Autographed Player Exclusive Rookie Era Nike Air Jordan 1 Game Sneakers. One of the most iconic designs in the history of both streetwear and basketball and a key part of the origin of the Air Jordan brand for Nike, these specific shoes in the iconic “Chicago” colorway, perhaps the most recognizable for Michael, as well as the Nike brand, sold for $162,000 USD ($222,161.13 CAD).