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Silverstone Auctions is changing its name, launching private sales and offering no seller’s commission for cars & motorcycles offered at no reserve.

The well-known and highly regarded Auction House Silverstone Auctions, which was started 12 years ago by Nick Whale, British racing driver and former main dealer for a number of prestigious brands, is delighted to announce that it is changing its name - from 9th August 2023 it will be known as Iconic Auctioneers.

Nick Whale, owner of the company, explains the rationale behind the name change “As strong as a name like Silverstone Auctions is, we feel we have grown to a position where we need a name that is truly ours. This exciting change to Iconic Auctioneers better reflects all we have achieved and the unique and diverse range of our auctions today. When the company first started, we needed an iconic name and venue for our sales, so we leased the name ‘Silverstone’ from the circuit and our auctions launched at the Silverstone Classic. But things have moved on, we now also hold our sales at other prestigious venues and motoring events across the country, so it was time for change.

The auction house has become the favoured auctioneer of enthusiasts, collectors’ and investors from around the globe, repeatedly breaking world records at almost every sale. The sale of The Diana, Princess of Wales 1985 Ford Escort RS Turbo S1 which sold for £722,500 in 2022 and a 1987 Ford Sierra Cosworth RS500 which sold for £590,500 in February this year, have further cemented the auction houses international reputation. As part of the rebrand, Rob Hubbard will move from Sales Director to the role of Managing Director, and owner Nick Whale will become Chairman.
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Nick Whale, Chairman

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Rob Hubbard, Managing Director

Rob Hubbard, the newly appointed Managing Director continues “We needed a name that retained our level of credibility, but also encompassed all the things that we do, a name to allow us to be an auction house that can appear at any venue, in any country, anywhere in the world - and not only that, sell anything we want to. It’s then we realised, we began at an iconic location, and have grown into an iconic brand, so the name Iconic Auctioneers just felt like a perfect fit.”

For many years the auction house has led from the front with innovative ideas and practices, so it is also delighted to announce that there will be no seller’s commission charged on cars and motorcycles offered at no reserve. In addition, Iconic Auctioneers will also be introducing private sales to their portfolio of services to complement their live event auctions and online platform.

Whilst a new name, no seller’s fees on no reserve vehicles and the introduction of private sales are exciting changes, buyers and sellers can rest assured that the team remains the same - the same great people, offering the same great service. Rob Hubbard continues “The team are passionate about seeking out the finest cars, motorcycles and collectibles and connecting them with buyers from around the world. We truly value the trusted relationships that we have built with our clients and are excited to be working with them as Iconic Auctioneers. Together, as a team, we aim to grow the company, continue our great partnerships with fantastic motoring events and maintain our premium status.”

Here is a short video from Nick and Rob to introduce Iconic Auctioneers and further explain the rationale behind the name change.
Over the coming week, the company will be rolling out the new brand, with changes to the website, adverts, social media etc. to reflect the new name. The first sale as Iconic Auctioneers will be The Classic Sale at Silverstone Festival on the 25th & 26th August - all lots can currently be viewed on the Silverstone Auctions website, which will be switching to iconicauctioneers.com in the next few days. The Auction takes place in Halls 1 & 2 in The Wing at The Silverstone Circuit. Iconic Auctioneers are also taking entries for their following sale, The NEC Classic Motor Show Sale in November. For more information about the company or if you are interested in buying or selling a car, motorcycle or collectible please contact the team on +44 (0) 1926 691 141 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
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FOR MORE INFORMATION PLEASE CONTACT

 Rob Hubbard
Managing Director
Tel: +44 (0) 1926 691 141
Mob: +44 (0) 7775 511 825
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Frequently Asked Questions

Please visit our upcoming auctions page for a list of our upcoming sales  - click here

Bidders can attend in person, or alternatively you can bid online, by phone or via commission.

 

When the catalogue is ready there will always be a link on our home page to the E-Catalogue. Printed versions are also posted out to vendors and selected buyers and are available to purchase at the auction.

When selling a car at one of our live auctions we charge a cataloguing fee of £250 plus VAT. The cataloguing fee covers photography, script writing, video and worldwide marketing of your vehicle. Our seller's commission is 7.5% plus VAT (9% including VAT) of the hammer price.

When selling a car or motorcycle in one of our monthly timed online auctions we charge no entry fee or seller's commission - you can list your vehicle for FREE. Buyers will pay us 6%+VAT on the winning bid. see our Timed Online FAQ's for more info (link)

When selling a motorcycle our standard cataloguing fee is £50 plus VAT. The cataloguing fee covers photography, script writing and worldwide marketing of your motorcycle. Our seller's commission is 7.5% plus VAT (9% including VAT) of the hammer price. We also offer a premium service with a cataloguing fee of £200 plus VAT which includes transport of your motorcycle to the auction.

For automobilia, watches and registration numbers we charge a cataloguing fee of £25 plus VAT. Our seller's commission for automobilia items and watches is 15% plus VAT (18% including VAT) of the hammer price, for number plates is 10% plus VAT (12% including VAT) of the hammer price.

Please register for your preferred method as soon as possible (online, by phone or via commission), at least 48 hours before the sale, to allow sufficient time for registration to be processed. Alternatively, you can register to bid in person when you arrive.