Ferrari maverick, Joe Macari on investing in classic cars, keeping your fingers dirty, and Brexit
Joe Macari is one of the most renowned names in the classic car business, his showroom in London a wonderland of racing cars, supercars and hypercars of all eras, plus the occasional dalek. A racing driver and car nut himself who spends much of his time crisscrossing the world to secure multimillion dollar deals on automotive rarities, Macari has high net worth customers all over the globe and cuts a flamboyant figure commuting to work in his $3m 1960s Ferrari Daytona Spider, cigarette firmly planted in mouth. Macari also has an official Ferrari and Maserati servicing workshop, and was recently appointed an Approved Ferrari pre-owned dealer. For our Luxury Leaders series he speaks to LUX about his maverick reputation, Brexit, and the hottest cars to buy now. By Darius Sanai The Joe Macari Showroom. Image by Dylan Morris
LUX: How is the classic car sales business" Are modern classics important, or just incidental"
Joe Macari: I would argue that the classic car business is as strong as it has ever been! classic cars are now, more than ever, seen as a very strong alternative asset class, with a series of incredibly strong auction results proving that people are willing to pay good money for good cars.
LUX: Is the younger generation as passionate about the mechanics of cars as the older, and is that a problem"
JM: I think that there will always be a huge proportion of young people who take a keen interest in mechanics, it?s a timeless interest that evolves wi...
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