With an extensive collection of nearly 130 European sports cars across 92 years, Gene Ponder is confident everything featured in his five-building East Texas garage will be sold.
Texas kitchen entrepreneur Gene Ponder is selling his extensive collection of more than 130 European sports cars, valued at more than $20 million.spans 92 years and touts a number of hand-crafted recreations, many of which are unobtainable European sports cars seldom seen outside museums or prestigious private collections.
"These old cars built in the '30s, '40s and '50s are works of art," said Ponder, who's confident every car will be sold."Nowadays, they're made out of plastic.""Every aspect of this property revolves around the vehicles, the memorabilia, and Mr. Ponder’s love for all things automotive," auction coordinator Thatcher Keast said in a statement.
The collection will also offer a lineup of MG sports cars spanning from 1927 to 1971 — with rarities such as a 1935 MG PB Airline Coupe. Classic memorabilia such as mascots, signage, juke boxes, fuel pumps, neon signs, wall art and more will also be for sale.. The auction will take place from Sept. 22-24.
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