Art News. Vasari Codex

trending_up market schedule Jan 1, 2026 visibility 18 link 7 artists

sothebys abu dhabi collectors week results

Sotheby's held its inaugural Abu Dhabi Collectors' Week at the St. Regis Island Resort on Saadiyat Island, transforming the venue into a luxury showcase with handbags, diamonds, watches, a non-selling art display worth $500 million, and rare cars. The week culminated in open-air auctions under a full moon, netting $133 million—far exceeding the $17 million from Sotheby's first Middle East luxury sale in Saudi Arabia earlier this year. Highlights included a 1994 McLaren Formula 1 car sold for $25.3 million, a Jane Birkin Hermès handbag that fetched $2.9 million, and a 31.68-karat pink diamond called The Desert Rose that went for $8.8 million. A jewelry and timepieces sale achieved white-glove status, taking $25.4 million.

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trending_up market schedule Jan 1, 2026 visibility 11 link 1 artist

abu dhabi collectors week sothebys luxury market not art

Sotheby's will hold its first luxury marquee sales in Abu Dhabi from December 3 to 5 as part of Abu Dhabi Collectors' Week, featuring Formula 1 cars, an Aston Martin, diamonds, and rare Rolexes. The sales coincide with the Abu Dhabi Grand Prix and other major events, backed by a $1 billion investment from majority shareholder Patrick Drahi and Abu Dhabi's sovereign wealth fund ADQ, along with support from the Abu Dhabi Investment Office. The auction house is focusing on luxury goods rather than fine art, with only a non-selling exhibition of Old Masters to contemporary works.

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trending_up market schedule Jul 2, 2025 visibility 12 link 4 artists

formula 1 memorabilia auction sothebys rm

RM Sotheby's is hosting an online auction titled "The Champions – Schumacher and F1 Legends" from July 24 to 30, featuring 280 lots of Formula 1 memorabilia. Highlights include a Cartier Automatic watch gifted by Enzo Ferrari to Fiat executive Gianni Agnelli in 1988, estimated at €10,000–€20,000, and over 150 lots related to Michael Schumacher, such as racing suits, helmets, and boots from his career. Other notable items include watches presented to Jean Todt and Michael Schumacher, as well as memorabilia from drivers like Lewis Hamilton, Ayrton Senna, and Fernando Alonso. A selection of 35 lots will be displayed at the Concours of Elegance in Tegernsee, Germany.

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trending_up market schedule Aug 28, 2025 visibility 13 link 2 artists

Leaning on luxury goods, Sotheby's launches auction week in Abu Dhabi

Sotheby's will hold its first auction week in Abu Dhabi this December, partnering with the Abu Dhabi Investment Office (ADIO). The event, which includes auctions, exhibitions, and events from October through December, focuses on luxury goods such as cars, jewelry, and watches, targeting ultra-high net worth individuals. Highlights include the sale of the 31.86-carat 'Desert Rose' diamond and a 'Triple Crown' car collection in collaboration with McLaren Racing. The move follows ADQ's $1 billion minority stake in Sotheby's in October 2024.

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