Ex-Formula 1 car and classic Porsches up for grabs as Malton firm’s assets are auctioned

Motoring fans have the chance to purchase a wide range of classic and performance cars when the impressive stock of a Malton firm goes under the hammer.

By The Newsroom
Thursday, 21st May 2020, 12:10 pm
A wide range of vehicles and other assets will be auctioned after Specialist Cars of Malton ceased trading. Photo submitted
A wide range of vehicles and other assets will be auctioned after Specialist Cars of Malton ceased trading. Photo submitted

The auction of the assets at Specialist Cars of Malton, which has ceased trading, will see an ex-Formula 1 car, an Indy car and various Porsche classics sold.

The auction will take place online where a comprehensive catalogue, image bank and video tours can be viewed. People can bid for various items until Thursday, June 11.

The company, which was a recognised Porsche marque dealer with a reputation for tracking down the rare and unique models, ceased trading on Friday, February 21 this year after 25 years with the appointment of Adrian Graham and Ryan Holdsworth of Graywoods as Joint Administrators.

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A wide range of vehicles and other assets will be auctioned after Specialist Cars of Malton ceased trading. Photo submitted

Walker Singleton, acting for the administrators, is bringing to the market all the business’s assets ranging from the stock of retail cars, through, to parts for classic and modern performance cars, to workshop/showroom equipment and Porsche memorabilia.

Also coming to market are the company’s freehold car showroom and secure yard together with a car maintenance and repair workshop, both located on the York Road Industrial Estate.

Stephen Jones, director in the machinery and business assets department, said: “Preliminary marketing has triggered very high levels of interest.

“Specialist Cars of Malton was synonymous with classic and performance cars and the auction highlights this with lots ranging from a Euro Brun ex-Formula 1 car, Indy car and Porsche classics through to car ramps and extensive parts stocks – nothing if not diverse.

A wide range of vehicles and other assets will be auctioned after Specialist Cars of Malton ceased trading. Photo submitted

“I don’t think the company realised how extensive its stock of spares and parts was or the level of interest in the memorabilia they have accrued over the years, most of which relates to Porsche.”

Visit www.walkersingleton.co.uk to find out more details about the auction.

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