Bonhams & Goodman has sold a part of the car collection of Mr Lindsay Fox for close to $2.3million at the much anticipated auction at the Fox Car Museum in Melbourne's Docklands on 7 March. At the historic sale, a c1957 Mercedes-Benz 300 SL Gullwing fetched $526,400, selling to an Asian businessman who underbid the Ross Polkinghorne Gullwing that Bonhams & Goodman sold two years ago. An Adelaide radio personality, Jeremy Cordeaux, bid over the phone and bought the Mercedes 300 SL Roadster, the convertible version of the Gullwing, for $465,000.

A good crowd of 350 people, many of whom were in Melbourne for Grand Prix week, attended the sale, which added to the festivities. Bonhams & Goodman received telephone bids from another 47 people unable to attend the auction. Tim Goodman said, "We are delighted with the result as this is the highest realisation Bonhams & Goodman has achieved for any car sale. The market for mid twentieth century sports cars is very strong and I am happy to say that all lots sold to local buyers as the strong Aussie dollar made it difficult for overseas bidders."

Other highlights include a c1958 Porsche Speedster that sold for $133,200 and a c2002 Porsche Gemballa GTR-500 Biturbo brought $145,000. The 1962 Ferrari 400 SuperAmerica, believed to have been owned by both Enzo Ferrari’s chief engineer and former publisher Eddie Shah, had been expected to fetch close to $500,000 but failed to sell, while a c1972 Ferrari Daytona 365 GTB /4 did bring $192,640. Some Classic VW Beetles brought unexpected results as well. Both the 1956 and 1960 examples were estimated to sell for no more than $4,000 but the older model went for $7,000.