F1 and Indy Cars among Specialist Cars of Malton stock set for auction

A Dodge Viper, Ford Mustang, a racing car once driven by Brazilian F1 driver Roberto Moreno and classic Porsches are among stock to be auctioned off by administrators of Specialist Cars Malton.

Adrian Graham, from Sheffield-based insolvency and business turnaround specialist Graywoods, was appointed joint administrator of the business, which operates from a site on Derwent Road, Malton, back in March after it closed citing “cash flow problems”.

Now the assets of the former Porsche specialist will be sold off by Walker Singleton in an online auction that will run from May 18 to June 11.

All of the business’s assets, ranging from a stock of retail cars, through to OEM parts for classic and modern performance cars, workshop/showroom equipment and Porsche memorabilia are to be sold off.

Also coming to market are the company’s freehold car showroom and secure yard, which includes an aftersales facility, located on the York Road Industrial Estate, Malton.

Stephen Jones, director in the Machinery & Business Assets department of Walker Singleton, said: “Specialist Cars of Malton were 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.

“I don’t think the company themselves realised how extensive their 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.”

Interested parties can browse through the online auction’s comprehensive catalogue, image bank and video tours available at www.walkersingleton.co.uk.

Due to COVID-19 lockdown, viewings are on an appointment basis only.

Jones added: “Preliminary marketing has triggered high levels of interest, as we anticipated, although we wouldn’t necessarily have expected enquires from as far afield as Australia and South America.

“Whilst, in the current period, there isn’t the opportunity for petrol heads to fire up their engines and head for a live auction, I feel sure the sale will draw out the same feeling of competition and excitement – through the online bidding.”

Specialist Cars Malton closed with the loss of eight jobs back in February.

Founded 25 years ago, the business was popular with classic car enthusiasts who attended the Yorkshire Big Breakfast meet in Malton, which was hosted by the dealership and has been popular for the past decade.