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SEVEN Concours, Powered by Silverstone Auctions, Brings the Riyadh Car Show Auction 2019 to Global Bidders via Proxibid

November 19, 2019

OMAHA, Neb.--(BUSINESS WIRE)--Nov 19, 2019--

Proxibid, the most trusted way to connect buyers and sellers of highly valued items, has been selected as the exclusive provider of online bidding for the SEVEN Concours, powered by Silverstone Auctions. This is the first time an auction featuring a collection of such provenance has taken place in the GCC. The live auction will take place Friday, November 22 at 3:00 pm Arabia Standard Time (UTC+3) at Janadriyah Cultural & Heritage Festival Venue, Riyadh, Saudi Arabia, with live online bidding commencing at that time on Proxibid.

The Riyadh Car Show is the most important automotive event in the Middle East and features 45 of the rarest and most sought-after vehicles available for sale anywhere in the world. Leading collectors and enthusiasts from across the globe will be on-hand as rare hypercars, supercars, and classic cars cross the auction block. In some instances, the vehicles up for bid have never been seen at auction, including the iconic homologation special Ferrari 288 GTO and the McLaren P1 XP Carbon Series, one of only five built. Other featured vehicles up for bid in this auction are:

“Silverstone Auctions is excited to be part of the SEVEN Concours ad the Riyadh Car Show,” said Guy Lees-Milne, General Manager of Silverstone Auctions. “We understand not every bidder can make it to the Riyadh Car Show, but many collectors across the globe are interested in the vehicles up for bid. That is why we have partnered with Proxibid to provide bidders with a secure online buying experience, enabling them to participate and bid live online from anywhere in the world.”

Online bidders can rest assured their transactions are secure when they bid on Proxibid. Proxibid offers the industry’s most comprehensive risk management system, designed specifically to manage high dollar transactions like the rare collector cars available in this auction. Proxibid’s robust online bidding platform is powered by enterprise-class technology and infrastructure trusted by the world’s largest auction companies, and boasts a 99.9+ percent uptime, making it the safest place to buy highly valued items online.

For more information, to view auction catalogs, or to bid, please visit www.proxibid.com/silverstone.

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About Proxibid
Proxibid is the most trusted platform for connecting buyers and sellers of highly valued items. Since 2001, more than $45 billion in inventory has passed through Proxibid’s platform via live and timed auctions and buy now | make offer transactions. Proxibid’s Marketplace supports 16 categories including heavy equipment; industrial machinery; real estate; fine art; antiques and collectibles, and more.

Proxibid’s Powered By solution enables sellers to integrate Proxibid’s marketplace technology into their websites, offering custom development and more to bring ecommerce solutions to companies across the globe.

Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in London. For more information about Proxibid, please visit  www.proxibid.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005756/en/

CONTACT: Media Contact:

Dana Kaufman

Dana.Kaufman@Proxibid.com

402.505.7776

KEYWORD: UNITED STATES NORTH AMERICA NEBRASKA

INDUSTRY KEYWORD: RETAIL SECURITY TECHNOLOGY WOMEN SENIORS ONLINE RETAIL PERFORMANCE & SPECIAL INTEREST LUXURY OTHER RETAIL MEN GENERAL AUTOMOTIVE SPECIALTY AUTOMOTIVE SOFTWARE CONSUMER INTERNET

SOURCE: Proxibid

Copyright Business Wire 2019.

PUB: 11/19/2019 10:36 AM/DISC: 11/19/2019 10:36 AM

http://www.businesswire.com/news/home/20191119005756/en