WATCHES OWNED BY PAUL NEWMAN AND FERRARI'S PRESIDENT BRING OVER $2.3 MILLION AT AUCTION!
Most people who like cars also like airplanes ... and boats ... and trains ... and watches. Almost anything mechanical, in fact, attracts our attention.
Two motor racing-related wristwatches once owned by Paul Newman and a former president of Scuderia Ferrari (Ferrari's racing team) set records and sold for a total of $2,386,067 at the Geneva, Switzerland, auction on May 12th.
A large gold Patek Philippe chronograph watch which had belonged to Count Carlo Felice Trossi, an Italian Grand Prix-winning driver (what they used to call Formula 1) who became president of Scuderia Ferrari was bought for 2.345 million Swiss francs (current USD$2,219,297). This was the highest price ever reached for a wristwatch at Sotheby’s, according to the auction house. In a sale of almost 200 watches, the Patek Philippe knows as the “Trossi Leggenda” was definitely the star attraction. (Photos --- Above, the Trossi Leggenda which sold at auction for over $2.2 million, in front of a photo of a young Carlo Trossi; Below, a version of the Rolex Paul Newman Oyster Daytona which brought over $166,000 at the same event).
At the same event, a gold Rolex Cosmograph Oyster Daytona, made around 1980, known as the
"Oyster Daytona Paul Newman," named both after the Florida race track and for the American actor who (perhaps unknowingly) made the style famous, netted 157,000 francs (current USD$166,770), compared to its pre-sale estimate of less than half that amount.
It's important to note that the there was never an official "Paul Newman" watch from Rolex until these were produced by the company after 1980 --- The Rolex Oyster Daytona models which came before are known as "Paul Newman-types".
Geoffery Ader, head of watches at Sotheby’s told a news conference that the watch was one of “great symbolic and historic importance as it came out in 1932, a turning point which also saw car racing and the emergence of airplanes".
Count Carlo Felice Trossi was a wealthy, handsome Piedmontese nobleman who was enormously rich from his family's banking and landholdings and was a serious lover of automobiles and racing. His ancestral castle at Caglianico, near Biella, had a racing shop, entered by a drawbridge, where the Count often joined his small retinue of mechanics to work on his cars, always wearing a pair of white linen gloves.
Trossi was one of that small group of European aristocrats whose daily lives were so far removed from reality that even WWII failed to take them away from their "hobbies." (Photo --- Trossi Roadster version of Mercedes SSK currently in the Ralph Lauren collection).
Enzo Ferrari, an engine mechanic and race car engineer, started the Scuderia as a private Grand Prix team which campaigned race cars for Alfa-Romeo. Carlo Trossi, an early investor in the team, replaced Augosto Caniato as the president of record for Scuderia Ferrari in 1932 at the ripe age of 23; but the title was purely honorary, as Enzo Ferrari ran the operation and Trossi acted as Ferrari's personal ATM, the young company's main source for funding and as a backup driver. Trossi died from a brain tumor at only 41 years of age.
For much more information and many more photos concerning Trossi, Newman and Ferrari and their fantastic cars, click below.
























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