
06/10/2025
For the past sixteen years, car enthusiasts have flocked to Knokke-Heist at the beginning of October for the Zoute Grand Prix. Alongside the classic rally and events, as well as the well-established BonhamsICars auction, this year will see the first auction by American company Broad Arrow Auctions. “The car market is a relatively young market. It was not until the 1970s that the first brand clubs were established and people started to see collector's vehicles as a recreational activity,” explains Leo Van Hoorick, curator at Autoworld in Brussels. Since 2005 in particular, cars have functioned as an investment. One difficulty in collecting cars is restoration. "Just like in the art market, the car must be in perfect condition. However, the cost of a full restoration can sometimes exceed the value of the car itself," says Alex Verstraete of BonhamsICars. Unlike art, cars are strongly linked to a particular generation. Many collectors are guided by childhood nostalgia when making purchases. A relatively new market segment is hypercars. These cars cannot be ordered; they are usually only available to purchase after a whole series of other cars of the same brand have been purchased. Over the past ten years, the Zoute Grand Prix has grown to become one of the most important events in the European car market.
article in our Belgian
'Driven by sentiment' by Elien Haentjens
from 08 till 12-10 at Knokke-Heist
InterClassics Brussels from 14 till 16-11
German Tuners from the '80s and the '90s until 14-12
📷1: Abarth ‘Boano 207A’, no. 8, 1955, estimation: € 250.000-350.000. © Broad Arrow Auctions.
📷2: BMW ‘2002 Turbo’, 1974, estimation: € 80.000-130.000, no reserve. © Broad Arrow Auctions.
📷3: Range Rover ‘3.5’, 1975, from the collection of Alain Delon and Bernard Fornas, auctioned in Knokke-Heist. Estimation: € 100.000-130.000. © Bonhams Cars.