The strength of our European sales had a positive affect on the weekend's auction with many of our international clients in attendance.

RM Auctions, continued its successful sales run in Monterey, California, with 11 cars breaking the magic $1m mark at the legendary Sports & Classics of Monterey auction event.

It was standing room only at the two day sale as over 170 collector's cars fell under the hammer. Total sales surpassed $42m.

The top seller of the sale was a show quality 1961 Ferrari 250 GT SWB Berlinetta which brought a final bid of $4,510,000. Another highlight was the 1961 Ferrari 400 Superamerica Coupe for an impressive $1,650,000.

Ian Kelleher, Managing Director of RM Auctions said, 'The strength of our European sales had a positive affect on the weekend's auction with many of our international clients in attendance. The sales were in line with our expectations with several new records, and with seven of the 11 million-dollar-sales being vintage Ferraris, results indicate the continuing strength of the market for the world's most famous sports and racing marque."

Also attracting significant interest on the block were the prestigious luxury cars – a 1933 Rolls-Royce Phantom II Special Town Car, which brought $2,310,000, and a 1930 Duesenberg Model J Dual Cowl Phaeton for $1,760,000. Additional highlights included: an ultra rare 1948 Tucker Sedan which achieved a new world record price of $1,017,500; a 1967 Ferrari 275 GTB/4 Berlinetta for $1,925,000; and a 1973 Ferrari 365 GTB/4 Daytona Spyder which was won with a bid of $1,485,000.

Full sales results are posted online at www.rmauctions.com.