25 Jumada I 1446 - 26 November 2024
    
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Eye of Riyadh
Tourism & Hospitality | Sunday 24 November, 2019 1:40 am |
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The First Car Auction in the Region Generates Over $22 Million as Part of Riyadh Season

The Riyadh Season auction witnessed a record breaking sale with over $22.190 million (SAR 83.212million) generated in sales with 24 cars sold within the 60 car lots featured.  

 

The auction kicked off with the sale of the 2019 Bugatti Chiron Sport 110 ANS that was sold for $3.4 million (equivalent to SAR 12.75million).  

 

The highest sale during the auction was for the 2017 Pagani Zonda Riviera sold for $5.5 million (SAR 20.625) the lowest sale of car was for the Fiat Abarth 695C Rivale for a total of $30,000 (SAR 112,500).  

 

Hosted by Seven Car Lounge and Silverstone Auctions the second day of the car auction will commence tomorrow with 160 cars to be featured at the block in car exhibition zone. 

 

The Riyadh Season exhibition also offers car enthusiasts and collectors the opportunity to buy cars.   Brazilian football star Ronaldinho bought the first car an Aston Martin Rapide AMR and Egyptian star Mohamed Ramadan bought the second car for a Mercedes.  Car sales are continuing throughout the six day car show and exhibition that includes numerous events including:  Police Academy, DRIFT, Monster Jam, Human Cannonball, simulator activities and the Mahara Karting Track.  

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