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Have McLaren F1 values topped out?

The McLaren F1 was a game-changer when it came out in the early 1990s, and it's still widely regarded as one of the finest supercars ever made. It's little wonder that values have been climbing in recent years. The question for collectors is now: Will prices keep rising, or have they reached their zenith? As recently as 2006, you could pick one up for less than $1 million: the database at classic car insurance firm Hagerty shows that an example in fair condition 10 years ago was worth around $700,000, while a top-notch, concours-ready specimen was valued at about $1.15 million. That seemed like a lot at the time, but just two years later, that range had skyrocketed to between $2.3 million and $3 million. Suddenly those 2006 prices seemed like a smart investment in hindsight, but after that initial jump, they stayed around that level for several more years before things started getting crazy. "Buyers over the last several years have been end users as opposed to speculators and they routinely drive and enjoy the cars." – Jonathan Klinger, Hagerty By the start of 2013, values had jumped to between $4.1 and 5.3 million. By the end of that year, they were up to between $6.5 and 8.9 million. And by the end of 2014, they had reached $7.9 million for one in fair condition, and over $10 million for a pristine example. But then things leveled out again. "Values have risen quickly," notes Jonathan Klinger, vice president at Hagerty, "but it isn't a bubble situation. Buyers over the last several years have been end users as opposed to speculators and they routinely drive and enjoy the cars." Sports Car Market records that the last F1 to change hands at auction was a 1998 model that RM Sotheby's sold for $13.75 million as part of the Pinnacle Portfolio in Monterey last summer. But that example had the rare best-of-both-worlds combination of the LM performance upgrades with the road-spec interior to make it stand out above the rest. Gooding & Company sold another F1 over the same weekend in 2013 for $8.47 million, but a year later, a seller refused a high bid of $10.75 million for a mint-condition example. "For the time being, we see a very stable market for F1s," says David Brynan, senior specialist at Gooding.

Rosberg survives the Mexican mess | 2016 Mexican Grand Prix recap

Roughly ten messy laps defined the Mexican Grand Prix – five laps at the start and five at the end. Those laps included a couple of actual wrecks and a few more near wrecks that turned the entire day into chaos. To have any chance of winning the 2016 Driver's Championship, Lewis Hamilton needed to get his Mercedes-AMG Petronas across the finish line ahead of teammate Nico Rosberg. Once again we got a weekend full of vintage Hamilton, the Brit dominating the from Friday to Sunday, except for the first corner of the first lap. Pole-sitter Hamilton reached Turn 1 clearly in front of the field. But he couldn't make the corner and stay on track, so he zipped into the runoff area and over the grass, rejoining at Turn 3 still ahead of the field. The stewards didn't penalize Hamilton, one commentator's explanation being that Hamilton "was not battling another car." The non-action left car #44 to enjoy a lights-to-flag win. At that very same corner, Rosberg also availed himself of the runoff area. His infraction seemed destined to incur a penalty until replays showed that Max Verstappen in the Red Bull slid wide and bumped Rosberg, causing the German to go off track. No penalties were handed out there, either. Verstappen would return to hound Rosberg later in the race when angling for second place. Verstappen took a stab through Turn 4 on Lap 50 of the 71-lap race, but ran off the track and lost touch with the Mercedes by Lap 55. Ferrari got half of its strategy right in Mexico, putting Sebastian Vettel hard on the charge in the final stint. The German got within DRS range of Verstappen on Lap 67, with Red Bull's Daniel Ricciardo a little more than a second behind Vettel. On Lap 68, Verstappen pulled the same move as Hamilton at the beginning of the race: the Dutchman ran wide through Turn 1, zoomed over the grass and rejoined the track at Turn 3, staying ahead of Vettel the whole time. With three laps remaining, the stewards chose to investigate after the race. In spite of Verstappen's own team telling he probably needed to cede position to Vettel, Verstappen stayed in front and slowed just enough to put Vettel under threat from Ricciardo. On Lap 70 Ricciardo had closed up to Vettel's gearbox. Headed for Turn 4, Vettel swung outside to take the corner. When Ricciardo moved inside to pass, Vettel moved inside to block the Aussie while both cars were in the braking zone. The Ferrari made light contact with the Red Bull, but Vettel held his position through Turn 5.