Turtle Garage

“The question is how much further capitalism will be deformed by government intervention on this scale. When the government is willing to buy just about anything, it distorts market prices, which normally guide people to buy into profitable, promising companies. Now investors are simply buying what the Fed buys. The process of competitive capital allocation, […]

“The Bimota YB10 is a marriage of performance, utility, and singular Italian engineering. With only 224 total examples created, the Dieci (“ten”) remains a hallmark in Bimota’s progression and is an undervalued classic.” —Ed Milich Before the Coronavirus lockdown, I found myself flipping through the Las Vegas Mecum motorcycle auction catalog. Several motorcycles caught my […]

Two weeks ago we reported that Bring a Trailer had been purchased by Hearst Autos. In the latest issue of Sports Car Market, we take a deep dive into the recent sale of this iconic and groundbreaking auction asset. The article outlines the details behind the sale of Bring a Trailer as well as our exclusive […]

“The problems have been solved. You will hear positive news from us in the next few days.”—McLaren Formula 1 team principal Zak Brown The automotive rumor mill and major press outlets like Bloomberg, Reuters, Sky News, and others circulate more and more news about financial problems at McLaren. You can read a recent summary article […]

“I’m very excited to continue to lead Bring a Trailer as we partner with Hearst Autos. We can now keep all of the best parts of the business intact while enhancing our capabilities to address our huge product demand and user traffic growth.” —Randy Nonnenberg, BaT Co-Founder and CEO “Bring a Trailer has set the bar […]

Despite record unemployment and massive economic dislocation from Covid19, stock markets are rallying and Tesla shares are soaring. What is going on? Today, Tesla is worth more than Ford, GM, and Chrysler combined! Depending on the day, Tesla is worth more than auto giant Toyota. At over 200 times earnings, Tesla is anything but cheap. […]

My first drive in a Tesla Model S was back in 2012. I remember the experience like it was yesterday. After taking the Model S for a spin, I got back into my then-brand-new Mercedes E350, and it felt like a Model T Ford. Despite this positive experience, I still have not leaped into an […]

Bring a Trailer is experiencing an explosion in traffic and a high sell-through rate. Even the venerable RM Sotheby’s is migrating online. Gooding & Co. is ramping up their direct sales channel. Is this a Covid19 fad or a long-term trend? In the upcoming Sports Car Market August supplement issue, Turtle Garage joins a distinguished […]

“The United States is facing a shortage of bicycles as anxiety over public transportation and a desire to exercise has sent the demand surging.” —The New York Times “I have never seen anything remotely approaching this. If you went into a store three weeks ago you could find a bike under $1,000. Right now shelves […]

“Books are a uniquely portable magic.” —Stephen King, On Writing “The road to hell is paved with adverbs.” —Stephen King The Coronavirus lockdown has provided a unique opportunity to revisit old books and movies as well as time to dive into some new ones. Indeed, many of us have been able to leverage this unusual […]