Auction house profile: RM Sothebys

Sotheby's and RM Auctions formed a partnership on 18 February 2015, when Sotheby's acquired at 25% ownership interest in the collector car auctioneer. 

The two companies had worked together in the past. One of their most successful recent collaborations was the Art of the Automobile auction in New York in November 2013. The sale achieved around £40.7 million in just two hours and saw a Ferrari 250 LM sell for £7.4 million, a record auction price.

The first RM Sotheby's sale is on 14 March at Amelia Island, Florida, USA.