WEBVTT - Bonus Episode: Bloomberg Hot Pursuit! 0:00:00.040 --> 0:00:01.120 Hey, this is Matt Miller. 0:00:01.280 --> 0:00:03.400 You listen to me every day, I hope on the 0:00:03.440 --> 0:00:07.680 Tape podcast with Paul Sweeney. I've got a new podcast though, 0:00:07.720 --> 0:00:12.040 that I'm running alongside the Tape with my friend Hannah Elliott. 0:00:12.080 --> 0:00:14.080 She's the car reviewer from Bloomberg Pursuits. 0:00:14.080 --> 0:00:16.919 We call it Hot Pursuit, and we tell you everything 0:00:16.960 --> 0:00:20.079 you need to know or want to know about new cars, 0:00:20.120 --> 0:00:24.279 about the automotive industry, about car events. I'm gonna drop 0:00:24.280 --> 0:00:27.880 a little sample from the Hot Pursuit podcast here. 0:00:28.240 --> 0:00:28.960 Take a listen. 0:00:29.120 --> 0:00:31.760 If you like it, go to the Hot Pursuit page 0:00:32.240 --> 0:00:35.320 and subscribe. You can find it on Apple, on Spotify, 0:00:35.440 --> 0:00:37.800 or anywhere you get your podcasts. 0:00:39.920 --> 0:00:42.760 I'm Matt Miller and I'm Hannah Elliott, and this is 0:00:42.840 --> 0:00:43.479 Hot Pursuit. 0:00:50.760 --> 0:00:51.080 All right. 0:00:51.120 --> 0:00:54.640 We have really got a special guest today, Jason Chinuck. 0:00:54.680 --> 0:00:59.120 He is the North American CEO for Jucati. And it's 0:00:59.120 --> 0:01:02.640 no secret, Hannah, that I'm a pretty big Ducati fan obsessed. 0:01:02.880 --> 0:01:03.720 Yeah that's fair. 0:01:03.840 --> 0:01:07.760 I think I'm about to get my twentieth Dukati. So 0:01:08.040 --> 0:01:10.840 and I've known Jason since he worked at Lamborghini. He 0:01:10.880 --> 0:01:13.200 was the marketing director at Lamborghini. I still remember the 0:01:13.240 --> 0:01:15.720 first day that I met you at the New Jersey 0:01:15.760 --> 0:01:18.959 Motorsports Park, when you were teaching me how to drift 0:01:19.000 --> 0:01:20.000 an event a door. 0:01:20.080 --> 0:01:24.000 Yes, oh, yes, which is definitely an art in itself. 0:01:23.600 --> 0:01:25.360 Which I means so much fun. 0:01:25.440 --> 0:01:27.560 All right, let me set up the topics that we 0:01:27.680 --> 0:01:29.280 have today, because there's a lot. 0:01:29.120 --> 0:01:31.200 Going on in the world of automotive Hannah. 0:01:31.240 --> 0:01:35.360 As you pointed out, we're waiting for an auction on Monday, 0:01:35.480 --> 0:01:38.800 and we're expecting a Ferrari a gto to set another 0:01:38.840 --> 0:01:41.680 world record for Ferraris. Plus, I want to talk about 0:01:41.680 --> 0:01:45.280 old cars because you have a couple yourself. It's a 0:01:45.319 --> 0:01:47.880 love affair that has its downsides, dysfunctional. 0:01:48.120 --> 0:01:50.800 Yes, I also want to talk about a Remac. 0:01:51.200 --> 0:01:54.240 You know, Jason's Dukati is a member of the Volkswagen 0:01:54.280 --> 0:01:57.360 Group and Remac is also very closely connected in that 0:01:57.400 --> 0:02:01.160 the founder is now running Bugatti. And I don't know 0:02:01.240 --> 0:02:04.920 the whole structure, but Remac recently had another world record, 0:02:05.240 --> 0:02:07.800 uh set. They've set so many that we're going to discuss. 0:02:08.120 --> 0:02:10.400 And I want to talk about the my box that 0:02:10.480 --> 0:02:13.720 you're driving this week. And then finally, I want to 0:02:13.760 --> 0:02:16.920 get to all the new Ducatis that Jason and everybody 0:02:16.960 --> 0:02:21.000 at the motor company is launching, talking about the new Panagalies, 0:02:21.040 --> 0:02:24.400 the new multi Strata, the new supermano is, which I'm 0:02:24.639 --> 0:02:28.000 most excited about. So we'll get to everything that Ducatti's 0:02:28.000 --> 0:02:31.400 putting out. They have one still to reveal in December, 0:02:31.480 --> 0:02:32.800 and I don't think he's going to tell us what 0:02:32.800 --> 0:02:33.480 it is, but. 0:02:33.520 --> 0:02:36.280 You can tell us, give you a hint, but I'm 0:02:36.280 --> 0:02:36.880 not gonna. 0:02:36.840 --> 0:02:37.880 Neither confirm nor deny. 0:02:39.280 --> 0:02:41.880 All right, let's kick it off with the world of ferraris, 0:02:41.919 --> 0:02:45.440 the world of auctions, the world of collector cars. Hannah, 0:02:45.480 --> 0:02:49.040 I still remember when I was in high school, having 0:02:49.120 --> 0:02:51.600 seen Ferris Bueller's Day Off, I became obsessed with the 0:02:51.639 --> 0:02:56.280 California Spider Cameron's dad had, and he that at the 0:02:56.360 --> 0:02:59.600 time one of those fetched a world record price at 0:02:59.639 --> 0:03:01.239 the time, fourteen million dollars. 0:03:01.240 --> 0:03:02.079 What are we looking for? 0:03:02.240 --> 0:03:05.920 Fourteen million probably won't crack the top, It might crack 0:03:05.960 --> 0:03:09.440 the top fifteen these days on Monday, we're looking at 0:03:09.480 --> 0:03:13.720 a nineteen sixty two Ferrari two fifty gto that RM 0:03:13.760 --> 0:03:18.000 Southeby's is saying they hope to get sixty million dollars. 0:03:18.040 --> 0:03:22.600 For now, I'm hearing from sixty million dollars million six zero. 0:03:22.639 --> 0:03:26.800 I'm hearing from my sources. Fifty million may be more realistic. 0:03:27.360 --> 0:03:29.959 But arm Southeby's certainly is billing this car as a 0:03:30.000 --> 0:03:33.600 sixty million dollar Ferrari. That would be the most expensive 0:03:33.600 --> 0:03:39.120 Ferrari sold publicly this year, although there has been another 0:03:39.200 --> 0:03:43.200 Ferrari sold that was closer to fifty million. It was 0:03:43.240 --> 0:03:46.320 forty eight, so this may not be the most expensive 0:03:46.320 --> 0:03:50.600 Ferrari sold ever publicly, but certainly for this year, it's 0:03:50.680 --> 0:03:53.400 kind of a big deal. It's the only this is 0:03:53.400 --> 0:03:55.800 a nineteen sixty two raising Ferrari. It did raise in 0:03:55.840 --> 0:03:58.560 the Nurber grading in sixty two and it won its class. 0:03:58.760 --> 0:04:01.520 But it's the only one of those V twelve racing 0:04:01.600 --> 0:04:06.120 Ferraris that got a four leader engine straight from the factory. 0:04:06.120 --> 0:04:08.520 And they basically did that because they found some racing 0:04:08.560 --> 0:04:11.400 loopholes that particular year. They knew they wanted to race it, 0:04:11.440 --> 0:04:12.960 and they figured we can put in this four liter 0:04:13.080 --> 0:04:15.920 engine and qualify for certain different races. And the car 0:04:16.000 --> 0:04:18.960 did well. It did raise lamon and actually didn't end 0:04:19.040 --> 0:04:22.240 up finishing. But it's been owned by the same guy 0:04:22.240 --> 0:04:26.080 for almost four decades, so it sort of checks every 0:04:26.160 --> 0:04:29.279 single box. And yeah, they're thinking fifty to sixty million. 0:04:29.320 --> 0:04:30.720 We'll see sales on Monday. 0:04:30.960 --> 0:04:33.520 You know who has a GTO I think is what's 0:04:33.560 --> 0:04:36.000 the name of the drummer for Pink Floyd. He's got 0:04:36.040 --> 0:04:39.279 a big car collection, he's got a big collector car fund, 0:04:39.560 --> 0:04:42.240 and he has a GTO. I know because I saw 0:04:42.320 --> 0:04:44.599 Mason Nick Mason, right, Yeah, I saw him go on 0:04:44.640 --> 0:04:47.800 a Spanish talk show to explain why the car is 0:04:47.839 --> 0:04:50.520 so valuable. One other cool thing that I heard today 0:04:50.600 --> 0:04:53.080 from a car collector. I was talking to Philip Richter 0:04:53.640 --> 0:04:57.320 here in New York. He runs Hollowbrook Wealth Management, but 0:04:57.440 --> 0:05:00.000 also the Turtle Invitational is his car show here in Bedie. 0:05:00.600 --> 0:05:05.080 He said that Enzo started building V twelves he loved 0:05:05.120 --> 0:05:07.560 the twelve cylinder engine because he was such a huge 0:05:07.560 --> 0:05:12.120 fan of the Packard V twelves from the nineteen thirties. 0:05:12.320 --> 0:05:15.239 Wow, I have not heard that. That is wild. 0:05:15.440 --> 0:05:18.840 Apparently, like Packard had at the time, they were the 0:05:18.920 --> 0:05:21.920 luxury vehicles of the day, and they had like an 0:05:21.920 --> 0:05:24.760 amazing V twelve and Enzo was obsessed with the Packard 0:05:25.240 --> 0:05:27.719 V twelve and that's why he kicked off his cars 0:05:27.720 --> 0:05:28.360 with those. 0:05:28.400 --> 0:05:31.479 Well, I mean, obsession does lead you to good places, 0:05:31.760 --> 0:05:34.240 I have to say. And whatever Enzo was obsessed with 0:05:34.440 --> 0:05:36.480 really worked out for him because if you look at 0:05:36.480 --> 0:05:39.160 the car market, Ferraris are the standard. They are the 0:05:39.200 --> 0:05:43.120 blue chip vehicles. They hold their value. I mean this 0:05:43.279 --> 0:05:45.200 year is actually was actually a bit of a cooling 0:05:45.240 --> 0:05:48.800 year for collector cars. The sales in Monterey were down. 0:05:48.880 --> 0:05:52.839 We're seeing some cooling, but Ferraris in particular are really 0:05:52.920 --> 0:05:56.440 staying very solid. I can't remember if I told you 0:05:56.480 --> 0:05:59.880 this before, but eleven of the fifteen top individual sales 0:06:00.080 --> 0:06:03.720 here publicly were Ferrari's, So it's kind of a sure thing. 0:06:03.920 --> 0:06:05.960 It's interesting. I was, I know, you love you know, 0:06:06.000 --> 0:06:07.920 your muscle cars, Matt, and I was talking to Craig 0:06:08.040 --> 0:06:11.280 Jackson yesterday, you know, from Barrett Jackson, and I was like, 0:06:11.640 --> 0:06:14.359 under what circumstances would we have a muscle car like 0:06:14.400 --> 0:06:18.279 a Challenger? You know? In this really really rarefied error 0:06:18.839 --> 0:06:24.040 because we have had a few over a million yeah, completely, yeah, exactly. 0:06:24.120 --> 0:06:27.240 We've had some Shelby you know, some Shelby Cobras in 0:06:27.279 --> 0:06:30.120 a couple million dollar range. So they're not there yet. 0:06:30.200 --> 0:06:32.760 It's like Ferrari, Ferrari, Ferrari. It's almost boring. 0:06:33.240 --> 0:06:35.800 What was that like, Jason, you worked at Lamborghini. I 0:06:35.839 --> 0:06:38.240 think you were head of marketing for in North America. 0:06:38.320 --> 0:06:41.960 What was it like being always compared to Ferrari? 0:06:42.480 --> 0:06:44.760 Yeah, I mean, inevitably, there's a long shadow that they 0:06:44.800 --> 0:06:46.880 cast and so and we were and we're part of 0:06:46.920 --> 0:06:49.240 our story, is part of Ferrari's story. 0:06:49.560 --> 0:06:51.880 It's that challenge. I loved it. 0:06:51.920 --> 0:06:54.000 I actually loved it because you know that there was 0:06:54.040 --> 0:06:56.240 a certain entity that they hold in a place in 0:06:56.279 --> 0:06:59.520 the luxury car world. And we made it a point 0:06:59.560 --> 0:07:01.360 that we're not We don't need to be that. We 0:07:01.400 --> 0:07:04.960 can be something else. We can be something that more accessible, approachable, 0:07:05.000 --> 0:07:07.719 a little bit more let's got it loose and fun 0:07:08.120 --> 0:07:10.400 and a little wild. And I think that that really 0:07:10.440 --> 0:07:12.720 when you look at the founders of both of those companies, 0:07:13.240 --> 0:07:14.880 one was a little more rough around the edges and 0:07:14.920 --> 0:07:16.920 the other one was a little bit more polished, and 0:07:17.680 --> 0:07:20.280 that itself, I think really led to the type of 0:07:20.320 --> 0:07:22.160 clients that we attracted. And that's the one thing I 0:07:22.200 --> 0:07:24.720 loved about that time that I had there, because there's 0:07:24.720 --> 0:07:27.480 a misperception of the type of client that owns a Lamborghini, 0:07:27.760 --> 0:07:29.280 and then when you get in to really. 0:07:29.120 --> 0:07:32.240 Learn who these people are, they're amazing. They're self made. 0:07:32.360 --> 0:07:35.800 They're people that are let's say that maybe work their 0:07:36.120 --> 0:07:38.360 lives to death to the point where they're like, Okay, 0:07:38.440 --> 0:07:40.960 I'm finally going to go do something nice for myself, 0:07:41.200 --> 0:07:44.880 and they reward themselves with this dream card that they saw. 0:07:44.640 --> 0:07:49.120 In a seventies movie. It's nice. It's actually it's fun to. 0:07:49.120 --> 0:07:52.080 Have, let's call it, something that challenges you instead of 0:07:52.120 --> 0:07:53.239 just riding your own path. 0:07:53.320 --> 0:07:56.800 Do you see, Hannah, the old Lamborghini's going for anywhere 0:07:56.840 --> 0:07:59.880 close to older Ferraris Well. 0:07:59.760 --> 0:08:02.920 Not yet. But I have to say some of the 0:08:03.000 --> 0:08:06.640 coon Tashes, especially, we wrote about one recently that was 0:08:06.800 --> 0:08:09.200 just sold. It was in the Wolf of Wall Street. 0:08:09.320 --> 0:08:11.760 The white one. By the way, Doug DeMuro. Doug DeMuro 0:08:11.920 --> 0:08:13.600 just bought a white Cuontash, which. 0:08:13.400 --> 0:08:16.960 Is kind of insane. Yeah, I think they're holding their value. 0:08:17.000 --> 0:08:20.000 They're slowly getting up there. They're certainly over a million 0:08:20.040 --> 0:08:23.200 dollars in value, and I see that continuing. I mean, 0:08:23.240 --> 0:08:25.160 I don't know what you think, Chazy, but yeah. 0:08:25.080 --> 0:08:27.560 Remember when Matt Farah bought one, and I thought, like, 0:08:27.640 --> 0:08:29.640 first of all, how is Matt Farrah? 0:08:29.680 --> 0:08:30.960 And by the way, no dig. 0:08:30.720 --> 0:08:32.559 At him because I'm about the same size. How's he 0:08:32.600 --> 0:08:34.280 going to fit into a coon tash? 0:08:34.480 --> 0:08:34.640 You know? 0:08:34.880 --> 0:08:37.400 Yeah, I mean, Jason, you would have trouble fitting into 0:08:37.400 --> 0:08:39.400 an old Cuontash as well, right, And I heard they 0:08:39.520 --> 0:08:41.439 drive horrorbly but Doug says. 0:08:41.240 --> 0:08:43.400 Well, they are tractors. Let's not forget. I mean, they 0:08:43.400 --> 0:08:46.160 are tractors. This is a classic case. I think of 0:08:46.600 --> 0:08:49.400 you never sometimes never want to meet your car heroes 0:08:49.520 --> 0:08:51.880 and buy car heroes. I mean the cars you had 0:08:51.920 --> 0:08:54.800 on the poster on your bedroom wall. Yeah, sometimes you 0:08:54.840 --> 0:08:56.720 don't actually want to drive them because they drive like 0:08:56.760 --> 0:08:59.280 a truck or a tractor. And that's just the truth. 0:08:59.559 --> 0:09:02.280 Keep it, keep it the dream, keep it that. I 0:09:02.280 --> 0:09:03.480 mean absolutely. 0:09:03.520 --> 0:09:05.640 I can tell you that I spent some time in 0:09:05.679 --> 0:09:08.240 those cars and they do drive like you said. 0:09:08.400 --> 0:09:10.679 I will tell you something really cool happened to me 0:09:10.920 --> 0:09:14.160 so famously, Ferruccio Lamborghini got into a fight with Enzo 0:09:14.559 --> 0:09:17.760 about the clutch in the Ferraris that kept breaking, and 0:09:17.760 --> 0:09:21.280 then Ferruccio found out that Enzo was using the same 0:09:21.320 --> 0:09:26.360 clutches that Lamborghini was buying for its tractors, and then 0:09:26.360 --> 0:09:27.079 he made his own car. 0:09:27.280 --> 0:09:29.120 So a couple of years ago I was. 0:09:29.040 --> 0:09:31.760 In the Motor Valley and Motor No they do this 0:09:31.840 --> 0:09:33.679 Motor Valley thing where they bring together all the car 0:09:33.720 --> 0:09:35.480 makers and they have dinners and they have a car 0:09:35.559 --> 0:09:40.079 show and stuff. And I saw Tamaso Lamborghini standing by 0:09:40.240 --> 0:09:43.800 an old, like nineteen fifties Ferrari and I walked over 0:09:43.840 --> 0:09:45.520 to him and I said, yeah, I heard the clutches 0:09:45.520 --> 0:09:46.440 in these things suck. 0:09:48.400 --> 0:09:50.280 He found it amusing. 0:09:50.760 --> 0:09:52.920 I'd hope you would provoke a smile. Yeah. 0:09:52.960 --> 0:09:55.960 So in terms of old cars, I've never been one 0:09:56.080 --> 0:09:58.960 to buy like I always wanted to have an old 0:09:59.000 --> 0:10:02.720 collector car, and I've never pulled the trigger because I thought, 0:10:03.120 --> 0:10:05.880 I'm into muscle cars really, so I might as well 0:10:05.880 --> 0:10:09.280 buy a new muscle car that has the crash protection. 0:10:09.440 --> 0:10:11.440 I'm a dad, you know, so I want safety and 0:10:11.480 --> 0:10:14.760 stuff and the driveability of it. But Hannah, you boring. 0:10:14.960 --> 0:10:18.680 You have succumb and bought a couple. You have what 0:10:18.800 --> 0:10:21.800 a C three Corvette? Yeah, an old Rolls Royce, like 0:10:21.840 --> 0:10:23.560 seventies early seventies Rolls Royce. 0:10:24.000 --> 0:10:26.079 Yes, I've got access to quite a few. 0:10:26.400 --> 0:10:30.600 Isn't it like deadly expensive to get these things fixed? 0:10:30.840 --> 0:10:33.680 Certainly the Rolls Royce must be prohibitively. 0:10:33.720 --> 0:10:36.800 Well, look, there's that famous saying there's nothing as expensive 0:10:36.840 --> 0:10:39.320 as a cheap Rolls Royce, by which they mean you 0:10:39.360 --> 0:10:41.439 can pick up an old silver shadow. I've got a 0:10:41.480 --> 0:10:43.480 silver shadow. You can old pick up an old silver 0:10:43.520 --> 0:10:46.400 shadow for under twenty thousand dollars. But you know the 0:10:46.520 --> 0:10:49.680 costs of fixing the hydraulic brakes, and you know the 0:10:49.960 --> 0:10:54.360 alternator continually going on the fritz is can be expensive. 0:10:54.600 --> 0:10:56.800 It can be a dysfunctional relationship. And I had a 0:10:56.840 --> 0:10:59.800 really good run driving a sort of a combination of 0:11:00.000 --> 0:11:02.560 a couple different old Rolls Royses in the corvette, and 0:11:03.480 --> 0:11:05.960 yesterday on the way to work, I did have a 0:11:06.280 --> 0:11:10.000 failed to proceed in the Rolls Royce, which was really annoying. 0:11:10.480 --> 0:11:13.960 And I think it was an alternator issue because the 0:11:14.000 --> 0:11:17.600 car ran fine started fine. I pulled off to get coffee, 0:11:17.640 --> 0:11:19.599 and when I went back to make the rest of 0:11:19.640 --> 0:11:22.200 the way to the work, it didn't start dead battery, 0:11:22.440 --> 0:11:24.720 So I think it's an alternator issue. It was getting 0:11:24.720 --> 0:11:26.960 like eleven volts when it should be getting like thirteen. 0:11:27.640 --> 0:11:30.640 But it's annoying. It's annoying, it's painful. I had to 0:11:30.679 --> 0:11:33.240 wait for someone to jump me and then you'd switch 0:11:33.280 --> 0:11:37.040 out battery. But all that to say, I think the 0:11:37.080 --> 0:11:40.200 world would be a better place if everybody drove old cars. 0:11:40.480 --> 0:11:43.439 It forces you to drive slower, it makes you appreciate 0:11:43.760 --> 0:11:48.280 mechanical engineering, and it just is it's more beautiful. 0:11:48.360 --> 0:11:50.800 Have you ever had experience with old cars or old bikes? 0:11:51.160 --> 0:11:53.720 Definitely, I mean I went down both of those paths, 0:11:53.800 --> 0:11:55.160 and then I got to a certain point in my 0:11:55.200 --> 0:11:57.959 life where I decided I had little time to fiddle 0:11:58.280 --> 0:12:00.440 and I just want to ride and drive. I'm an 0:12:00.480 --> 0:12:03.120 old Volkswagen guy, not just not just because of the company, 0:12:03.520 --> 0:12:05.679 but first car was a seventy one square back. I 0:12:05.760 --> 0:12:09.199 love that car to death, and I still even romanticize 0:12:09.240 --> 0:12:10.520 me and I'm on, bring a trailer and all these 0:12:10.520 --> 0:12:13.679 other things to like wait to see if the perfect 0:12:13.679 --> 0:12:16.920 one pops up, which is completely insane, like there's no 0:12:17.000 --> 0:12:19.719 reason I need that car, but if the right one 0:12:19.760 --> 0:12:23.719 shows up, baby blue seventy one, then I'm there, And 0:12:24.160 --> 0:12:25.320 so there is a fondness. 0:12:25.400 --> 0:12:27.600 But I do feel as though that like I would have. 0:12:28.200 --> 0:12:30.480 A moment of realizing I probably shouldn't have done it, 0:12:30.480 --> 0:12:31.760 probably shouldn't have met my hero. 0:12:32.520 --> 0:12:35.319 Same thing with like an old nine fourteen, which was. 0:12:35.280 --> 0:12:37.000 The first car I ever went over one hundred miles 0:12:37.000 --> 0:12:40.199 an hour in, and so's it's burned into my brain. Wow, 0:12:40.360 --> 0:12:42.040 you know, you lean over as a seven year old 0:12:42.120 --> 0:12:44.000 kid and look at the dash and you see the 0:12:44.000 --> 0:12:46.960 needle buried at one hundred and you're like holding on 0:12:47.000 --> 0:12:48.559 for beer life in a nine fourteen. 0:12:48.679 --> 0:12:51.160 Yes, that feet's quite that's a feat. 0:12:51.200 --> 0:12:51.480 It was. 0:12:51.520 --> 0:12:53.839 It was rattling, but it was so exhilarating. I mean, 0:12:53.880 --> 0:12:56.800 and that immediately I knew I was hooked on speed, 0:12:56.880 --> 0:12:57.840 Like I mean, that was where I. 0:12:57.880 --> 0:13:00.240 Feel like Bring a Trailer has really revived. This is 0:13:00.240 --> 0:13:02.360 another thing that the collector. I was talking to Philip Richter. 0:13:02.440 --> 0:13:04.559 He was saying, Bring a Trailer has really done a 0:13:04.600 --> 0:13:06.240 lot for the collector car market. 0:13:06.760 --> 0:13:10.640 It's unbelievable what Randy Knaudenberg, who's the founder of Bring 0:13:10.640 --> 0:13:15.680 a Trailer has done. They just actually released an app finally, 0:13:16.200 --> 0:13:19.200 but last year they did like one point three billion 0:13:19.280 --> 0:13:23.480 dollars in sales. It's unbelievable. And they forced every other 0:13:23.600 --> 0:13:27.160 major auction house to start selling online and to start 0:13:27.200 --> 0:13:30.400 having these online auctions that they never did before because 0:13:30.400 --> 0:13:33.839 people kind of realized, oh, I don't have to drive 0:13:33.880 --> 0:13:35.800 a car to buy it. And I think Bring a 0:13:35.840 --> 0:13:38.679 Trailer is done a really good job of being very transparent. 0:13:38.760 --> 0:13:41.839 You know what you're getting. It's so fun to read 0:13:41.880 --> 0:13:45.280 the comments, even if you're not bidding. It's so addicting. 0:13:45.800 --> 0:13:48.240 I admit I'm on it under a different name just 0:13:48.280 --> 0:13:50.040 because I want to read the comments and you know, 0:13:50.320 --> 0:13:54.120 follow along on my jer I do, I do it. 0:13:54.120 --> 0:13:54.840 It's hilarious. 0:13:54.880 --> 0:13:58.120 It's so fun. Yeah, they it's unbelievable what they've done, 0:13:58.120 --> 0:14:00.600 and they forced all the other auction houses to so. 0:14:00.679 --> 0:14:04.920 I like the the retro releases. Like my favorite Mustang 0:14:05.040 --> 0:14:08.680 is like a twenty twelve Boss Rio two that obviously 0:14:08.679 --> 0:14:11.040 I bought the Challenger, which is an homage. One of 0:14:11.040 --> 0:14:15.199 my favorite motorcycles is the Sport Classic, which, by the way, Jason, 0:14:15.440 --> 0:14:18.000 that was a motorcycle that didn't really sell for Dukati 0:14:18.080 --> 0:14:21.480 at the time, and now you can't find one for 0:14:21.560 --> 0:14:24.000 less than like twenty grand. And I'm talking about not 0:14:24.040 --> 0:14:26.720 the small Paul Smart, but you can't even find a 0:14:26.760 --> 0:14:29.880 regular one with like fifteen thousand miles on it for 0:14:30.000 --> 0:14:32.680 less than twenty gree Everybody wants one of those. Why 0:14:32.680 --> 0:14:34.280 why don't you guys do something like that again? 0:14:34.560 --> 0:14:36.560 I mean, simply put, we're that that is a bike 0:14:36.600 --> 0:14:38.640 that was kind of it was an extension of what 0:14:38.680 --> 0:14:40.440 we did with the MHE nine hundred E. The Mike 0:14:40.480 --> 0:14:43.440 Hale would inspire replica and then the idea was, wow, 0:14:43.480 --> 0:14:45.440 this was so good. We saw two thousand of them 0:14:45.480 --> 0:14:47.480 right away in your two thousand of its first time 0:14:47.560 --> 0:14:50.800 that we did an online sale of a motorcycle. We're like, oh, 0:14:50.920 --> 0:14:53.640 let's extend this. And we were too early. We were 0:14:53.680 --> 0:14:56.520 too early for this trend of the classics. There's been 0:14:56.560 --> 0:14:59.160 discussion internally a Ducatti about like resurrecting the KI. 0:14:59.440 --> 0:15:00.840 After that, the R nine T. 0:15:01.200 --> 0:15:05.920 After that came the triumphs I. 0:15:04.920 --> 0:15:09.920 Created a It created an entire trend of those motorcycles, 0:15:10.360 --> 0:15:13.360 and actually really interesting to your point, we actually did 0:15:13.440 --> 0:15:15.240 really well for the first couple of years of selling them. 0:15:15.240 --> 0:15:16.760 In then the third and the fourth year of the bike, 0:15:16.800 --> 0:15:18.480 it just was like, okay, we're a little longer. The 0:15:18.520 --> 0:15:21.880 tooth one thing happened. We loaned the motorcycle for the 0:15:21.960 --> 0:15:24.880 launch for the New Tron movie, and as a result, 0:15:25.280 --> 0:15:29.120 it just created this really cool buzz that all these 0:15:29.120 --> 0:15:31.080 people who didn't know about the bike, all of a 0:15:31.080 --> 0:15:32.960 sudden the wind Saw Tron were like, okay, I need it, 0:15:33.280 --> 0:15:36.240 and that that single handedly drove the prices up. 0:15:36.520 --> 0:15:38.680 I like the first one which had the yellow and 0:15:38.720 --> 0:15:42.600 the single shock in the back, and then the Tron 0:15:42.720 --> 0:15:45.640 was the black one with no faring. But then then 0:15:45.680 --> 0:15:48.480 you had the sport version with the fairing, the red 0:15:48.480 --> 0:15:50.240 one with it. I love all those, and the Paul 0:15:50.280 --> 0:15:52.120 Smart those are great. All right, let's move on to 0:15:52.440 --> 0:15:56.320 another topic. I want to talk about the ultra expensive vehicles, 0:15:56.360 --> 0:15:58.560 one of which handle you're driving, and one of which, 0:15:58.680 --> 0:16:01.600 well even on another level of expensive, is the Remac, 0:16:01.640 --> 0:16:03.680 which made has made so many records. 0:16:04.040 --> 0:16:06.680 Tell us about the weird record that you. 0:16:06.880 --> 0:16:08.400 I mean, you messaged me about this last night and 0:16:08.480 --> 0:16:09.800 I told my wife I couldn't believe it. 0:16:09.800 --> 0:16:13.920 It's kind of wild. So yesterday in Germany, Remac set 0:16:14.160 --> 0:16:16.920 a Guinness Book of World Records for going in reverse 0:16:17.240 --> 0:16:19.880 for top speed in reverse. Do you want to guess 0:16:20.040 --> 0:16:21.040 what the top speed was? 0:16:21.160 --> 0:16:24.160 I thought you were gonna say, like seventy miles an hour. 0:16:24.440 --> 0:16:28.280 One hundred and seventy one miles per hour in reverse, 0:16:28.600 --> 0:16:31.880 which is kind of it's ridiculous. It sounds so stupid 0:16:31.880 --> 0:16:33.720 and silly, but it's also kind of cool. 0:16:33.840 --> 0:16:35.760 It sounds very unsafe to me. 0:16:36.280 --> 0:16:38.400 I need to know more about it. I should say. 0:16:38.480 --> 0:16:41.480 Rimac has plenty of speed records. They have like twenty 0:16:41.480 --> 0:16:45.240 speed records going forward, so they're obviously very legit. This 0:16:45.360 --> 0:16:47.400 is like, this is the record, I guess you go 0:16:47.440 --> 0:16:50.040 for after you've already set the world record for an 0:16:50.080 --> 0:16:52.520 electric car, which they do have, and you know going 0:16:52.560 --> 0:16:55.480 forward there I think the world records at two hundred 0:16:55.480 --> 0:16:58.720 and fifty six miles an hour, which is phenomenal, doesn't 0:16:58.760 --> 0:17:02.280 beat the Bugatti Sharon, but for an electric vehicle, it's 0:17:02.320 --> 0:17:06.400 the record. But yeah, this reverse record, it's weird, weird, 0:17:06.440 --> 0:17:08.440 bit cool. I'd say, I. 0:17:08.119 --> 0:17:09.600 Just don't love electric cars. 0:17:09.640 --> 0:17:11.080 I have to say I've been thinking about it so 0:17:11.200 --> 0:17:14.000 much recently because I've driven some that have impressed me. 0:17:14.160 --> 0:17:18.600 The Mercedes, especially the Gle, but most of them, like 0:17:18.800 --> 0:17:21.439 the kind of speed that you get is amazing, but 0:17:21.560 --> 0:17:25.600 it doesn't feel that great, right. I haven't driven to Rimac, 0:17:25.680 --> 0:17:28.240 but I've driven the Cairne and it's awesome. 0:17:28.920 --> 0:17:30.240 It's like earth shattering. 0:17:30.600 --> 0:17:34.440 Yes, yeah, the Rimac. Honestly, I really liked it when 0:17:34.440 --> 0:17:39.000 I drove it. I think Rimek as a company is fascinating. 0:17:39.040 --> 0:17:42.800 Mate Rimac, the founder, is sort of the anti Elon Musk. 0:17:42.880 --> 0:17:47.560 He is very young, he's Croatian, He's received millions of 0:17:47.600 --> 0:17:51.400 dollars in funding from Portia and also now he's leading Bugatti. 0:17:51.480 --> 0:17:54.720 He's a genius, I should say too. This afternoon, I'm 0:17:54.720 --> 0:17:57.240 going to be driving the Batista Peninfarina, which is another 0:17:57.320 --> 0:18:02.679 electric vehicle that is powered by Rimac automotive batteries. So 0:18:02.880 --> 0:18:05.320 Rimac actually has their hands in a lot of some 0:18:05.440 --> 0:18:08.200 of these supercars. And I actually did like how the 0:18:08.280 --> 0:18:11.560 Navara drove. I thought it was really nimble, really elegant, 0:18:11.960 --> 0:18:15.920 obviously extremely fast, and the interior I thought was very 0:18:15.960 --> 0:18:17.440 well done. You know, we're used to seeing a lot 0:18:17.440 --> 0:18:20.359 of these electric cars with very shoddy interiors that almost 0:18:20.359 --> 0:18:23.960 feel like an afterthought, but the Nevara they really pulled 0:18:23.960 --> 0:18:26.159 it off. I think Rimac is doing a lot of 0:18:26.200 --> 0:18:29.560 things right. They're a lot more conservative in running their 0:18:29.600 --> 0:18:33.360 mouths promising things they can't deliver, and that seems to 0:18:33.440 --> 0:18:36.880 be rare among some of these electric startup companies. I'm 0:18:36.920 --> 0:18:38.439 not going to name any other names, but you can 0:18:38.520 --> 0:18:42.080 fill in the blanks. So yeah, I just think it's cool. 0:18:42.119 --> 0:18:44.760 I think Rimac is you know, they're they're having fun. 0:18:44.880 --> 0:18:47.879 I saw their team. I talked to Mate in August 0:18:47.960 --> 0:18:51.600 and Pebble Beach and he is just very humble. He's 0:18:51.600 --> 0:18:53.720 a family man. He leads a quiet life. 0:18:53.880 --> 0:18:55.840 Well, because I was wondering if if you've got him 0:18:55.840 --> 0:18:58.160 on any bikes, Jason, have you ever given him Oh. 0:18:58.240 --> 0:19:00.159 Not that I'm aware of, but it could only I 0:19:00.160 --> 0:19:01.560 can only imagine what that could do. 0:19:02.240 --> 0:19:05.160 Yeah, I mean, by the way, electric motorcycle. 0:19:05.240 --> 0:19:07.520 I was just going to ask, Yeah. 0:19:06.920 --> 0:19:09.440 That's the million dollar question, isn't it. It's a really 0:19:09.480 --> 0:19:10.080 interesting thing. 0:19:10.240 --> 0:19:11.760 At the end of the day, people are asking us, 0:19:11.960 --> 0:19:13.920