RM Sotheby’s Munich 2026 takes place on November 20 at Motorworld Munich, with a couple of very rare, lightweight Porsche 964s currently heading the lot list. Joining them at The Munich Auction are the Schnitzer BMW 635 CSi that won the 1986 Spa 24 Hours, an AHG M1 Studie, a Carrera 2 Cabriolet and a Maserati Ghibli Spyder.
Public viewing runs from 10:00am until 2:00pm on Friday, November 20, followed by a bidders’ reception from 3:00pm and the auction at 4:00pm, all local time. A €50 catalogue admits two people to the auction; bidder registration costs €100 and includes a catalogue and guest pass. Last year’s Munich Auction grossed €26,078,500, led by a 1996 Ferrari F50 at €4,843,500, while the 22-car Best of M Collection contributed €3,752,500. At the time of writing, consignments are still being accepted for the 2026 auction. However, here are ten of Magneto magazine’s highlights of RM Sotheby’s Munich 2026 sale so far…
This 1987 BMW M1 AHG Studie is understood to have been built for AHG owner Peter Gartemann and retained by him. Its blue paintwork and AHG graphics subsequently appeared in the dealer’s promotional material, and its registration history explains the unusually late date. A period German Fahrzeugbrief describes assembly from original spare parts and a bare bodyshell, with production attributed to AHG. The paperwork records identification number WBS59910004301461, beyond the final number in BMW’s original M1 production sequence. The Fahrzeugbrief also records a newly stamped identification number, alongside the earlier number in BMW format.
The car was registered in Germany in September 1987 under chassis number TP8220526, which is stamped on the frame. Its record also specifies the AHG body kit and lowered suspension using BMW Motorsport components. The BMW is finished in a bespoke blue livery, with AHG identification around the body and Hermann Altmiks’s lackdesign signature beneath the left rear light. Its enlarged wheelarches, side skirts, and front and rear spoilers form part of the conversion.
RM Sotheby’s reports an engine output of approximately 350bhp, with adjustable racing suspension and three-piece BBS wheels. The AHG specification also incorporated a racing clutch, revised exhaust, leather seat inserts and additional speakers. It is estimated at between €400,000 and €500,000 at the RM Sotheby’s Munich 2026 sale, and offered without reserve.
This 1992 Porsche 964 Turbo S Lightweight was completed in September 1992 for a Porsche VIP customer. Chassis WP0ZZZ96ZPS479021 was configured for Germany with the C00 country code and delivered that December, before moving to Spain in 1993. It has remained in the same family since that year. The original order specified paint-to-sample Speed Yellow and a bespoke interior combining black leather with yellow and grey inserts on the bucket seats and three-spoke steering wheel. An onboard computer, limited-slip differential and Dunlop tyres on 18-inch Speedline wheels were also specified.
The service book contains Porsche España stamps dated 1993 and 1998. Six ITV inspections cover the period from 1997 to 2007, followed by further tests in 2021 and October 2023. Most of the recorded 30,933km accumulated during the first decade of ownership. According to the catalogue, the car has been maintained in running condition since the millennium but has rarely been driven on public roads during that period. An inspection at Porsche Classic Center Gelderland in October 2026 confirmed the matching-numbers engine and gearbox. It is estimated at between €800,000 and €1,000,000.
This 1986 BMW 635 CSi Group A, chassis E24-RA2-79, was built and raced by Schnitzer Motorsport. Its period competition file records nine European Touring Car Championship appearances during 1986, followed by the Bathurst 1000. At Donington Park, Roberto Ravaglia and Gerhard Berger finished second. Dieter Quester and Otto Rensing repeated that result at Hockenheim, while Quester and Ravaglia placed third at Zeltweg. Other appearances included Monza, Misano, Anderstorp, Brno and the Nürburgring.
The car won the Spa 24 Hours from ninth on the grid, shared by Quester, Thierry Tassin and Altfrid Heger; it was Schnitzer’s second successive victory in the race. Its final works outing ended in retirement at Bathurst with Quester and Ravaglia. Privateer Yvan Tapy subsequently acquired the BMW, before it passed to the current owner in June 2017. Graber Sportgarage in Toffen, Switzerland, restored, maintained and prepared it between 2017 and 2024. Pastrolli Classic Cars of Maranello rebuilt the engine and fitted a new clutch in late 2025. Combined invoices exceed €250,000.
It currently uses a replacement engine of the correct type, with the original included. Recent outings include Spa Classic and Monza Revival, and the sale includes Schnitzer timing sheets, engineering and setup records, and an FIA Historic Technical Passport valid through 2026. It is estimated at between €500,000 and €700,000 at the RM Sotheby’s Munich 2026 sale.
This 1962 Porsche 356 B Carrera 2 2000 GS Cabriolet, chassis 156680, was dispatched to Munich dealer Mahag on June 26, 1962. Its first owner was Max Burghardt of Bad Tölz, who kept it for approximately one year before selling to Wolfgang Baumgartner, also of Bad Tölz. Baumgartner retained it for a similar period. Hans Rayhrer of Dinkelsbühl acquired the Porsche in 1964 and kept it until 1976, when it passed to Ernst Bauer of Munich. Bauer’s ownership lasted almost three decades. Two subsequent keepers in Cologne preceded the current owner’s purchase in 2006.
The consignor oversaw a comprehensive restoration between 2021 and 2023. The Cabriolet now presents in its original Bali Blue with light grey leather upholstery. Its original engine has been replaced by a correct-type 587/1 four-cam unit; the current engine number is listed as 97012. It’s estimated at between €500,000 and €700,000.
This 1970 Maserati Ghibli 4.7 Spyder, chassis AM115/S 1233, was completed on December 3, 1970 for delivery to Atlanta, Georgia. Factory records describe Verde Gemma metallic light green paint, white leather upholstery and a Borg-Warner automatic gearbox. It later joined a substantial private European collection. By its appearance at RM’s Paris auction in February 2015, it had been repainted black and converted to a five-speed manual transmission. The catalogue recorded just over 32,000 miles, then believed by the vendor to be original.
That inspection described the interior as largely original, alongside apparently original chrome and Sekurit glass. Correctly coded Borrani wire wheels wore Michelin tyres, with a matching spare in the boot. The boot itself had been reupholstered, and the car had received cosmetic detailing. It sold for €550,000. At the 2015 sale, the chassis and dashboard tags were both recorded as correctly stamped, with body number 10389 on its plate. Factory air-conditioning was also listed.
The Maserati returned to RM Sotheby’s Paris sale in February 2018, carrying Austrian registration and retaining the black-over-white combination; it sold for €708,125, and the current consignor acquired it that month. The present listing confirms that the original, matching-numbers 4.7-litre V8 remains installed. It’s estimated at between €420,000 and €520,000 at the RM Sotheby’s Munich 2026 sale.
This 1987 Porsche 928 S4 was completed on May 18, 1987 in Grand Prix White with Crimson special leather. White-Allen Porsche-Audi supplied it to Larry Schroeder of Ohio, who bought it on July 22 and named it Pearl. Schroeder retained the car until 2015, when he sold it to his daughter, Fawn Holloway. She subsequently confirmed the family history in writing to the current consignor. Schroeder died on July 22, 2016, exactly 29 years after buying the Porsche.
During Holloway’s ownership, work in 2019 included repairs to the clutch linkage, new spark plugs, brake-fluid replacement and fresh transaxle oil. It joined the White Collection in 2021 and was run to operating temperature monthly while there. RM Sotheby’s sold it for $112,000 in December 2023 as part of The White Collection, when it showed 12,285 miles. The buyer brought it to Germany in January 2024 and commissioned servicing costing €23,859. It now shows 14,833 miles. It is estimated at between €100,000 and €150,000, and offered without reserve.
This 1990 BMW M3 Sport Evolution was completed on February 7, 1990 and delivered through BMW AG on April 6. Chassis WBSAK07090AC79345 was specified in Black II with Anthracite Motorsport Design cloth upholstery and tricolour detailing. The factory equipment list includes an electric sunroof and windows, air-conditioning, an onboard computer, roof aerial and cassette holder.
Its early ownership history took it to Austria. In May 1991, Roland Pfeifer registered the BMW in Vorarlberg. It later passed to Mattias Unger, team principal of Adrenalin Motorsport, based in Heusenstamm, Germany. Under Unger’s ownership, the car underwent a comprehensive restoration by Adrenalin Motorsport during 2021 and 2022. Approximately 50 pages of invoices, supported by photographs, document the work. The present owner acquired it in July 2023. RM Sotheby’s has not stated a current odometer reading in the published description.
The car is estimated at between €220,000 and €260,000 at the RM Sotheby’s Munich 2026 sale. The estimate sits above the €207,000 paid for a 53,118km Sport Evolution at RM’s Paris sale in January 2026, but below the €325,625 achieved by the 34,447km Best of M Collection car in Munich last October. At Woodcote Park in July 2026, a 4,503km example brought £404,375.
This 1967 Maserati Sebring 3700 GTi Series II, chassis AM101/S 10589, was completed on March 17, 1967 and displayed at that year’s Barcelona Motor Show. Factory records identify its original colour combination as dark metallic Verde Bosco with Senape tan leather. Imported new to Spain, it was registered there in August 1967. By its February 2015 appearance at RM’s Paris auction, the Maserati was described as having had six owners from new. It had spent the preceding three decades in a Spanish collection, which it joined during the mid-1980s.
The accompanying paperwork recorded replacement of the front bumper with a new original-equipment part in 1992. Service invoices documented substantial work on the fuel and cooling systems during 2013, followed by a successful Spanish ITV roadworthiness inspection on November 4, 2014. At RM’s Paris sale it sold for €168,000. The current owner bought the car in February 2015, adding it to an Austrian collection of Maseratis from the 1960s and 1970s. It retains its original 3.7-litre straight-six, numbered AM101/S 10589 and matching the chassis, while the interior is still believed to be original. It is offered as a candidate for mechanical and cosmetic restoration, estimated at between €80,000 and €120,000, and offered without reserve.
This 2005 Porsche 911 Turbo S Cabriolet (one of 300 built), chassis WP0CB29985S675336, was completed on November 26, 2004 and delivered new to Florida. It was specified in Seal Grey Metallic with Brown Natural leather and a black soft-top, and the original order included approximately $15,000 of options. These comprised Tiptronic S transmission, rear parking sensors, heated and electrically adjustable sports seats with Porsche crests in the headrests, stainless-steel exhaust outlets and carbonfibre interior trim. Its 2019 catalogue listing (see below) also recorded satellite navigation and carbonfibre detailing on the steering wheel, dashboard, centre console and sports seats. An accompanying CARFAX report traces subsequent ownership through California, New Mexico and Pennsylvania. The final recorded American mileage reading was 42,936 miles before the Porsche was exported to Europe around 2015. It subsequently joined the Sáragga Collection in Portugal.
RM Sotheby’s offered it from that collection at Comporta in 2019, when it sold for €69,000 with 74,800km on the clock. The 2019 catalogue also listed cancelled German registration paperwork. The buyer was the Italy-based Porsche Heritage Collection, from which the car is now offered. During that ownership, Porsche Centro Firenze carried out a 111-point inspection in July 2024. The current catalogue records 87,145km, approximately 54,149 miles. It is estimated at between €80,000 and €130,000 at the RM Sotheby’s Munich 2026 sale, and offered without reserve.
This 1990 Mercedes-Benz 190 E 2.5-16 Evolution II, chassis WDB2010361F726329, carries production number 002/500. Completed in March 1990, it was retained by Mercedes-Benz AG, which appears as its first registered owner, and allocated to AMG-Mercedes driver Klaus Ludwig for personal use. The car was specified with black leather, air-conditioning, an electric sliding sunroof and heated front seats. A Mercedes-Benz service centre replaced its rear axle during 1990, while it was still in factory ownership.
In July 1991, Mercedes-Benz sold the Evolution II to Georg Meckle of the Mosolf Racing Team in Kirchheim unter Teck. The purchase price was DM98,952, and the car had covered approximately 20,500km at the handover. Meckle used it mainly to travel to truck races involving his team. Its later outings were largely restricted to annual TÜV inspections. The odometer showed 45,833km when catalogued for the Munich auction. A TV22 feature published in October 2026 reported a subsequent reunion between Ludwig and the car at the Schwäbischer Bergpreis. Ludwig was said to have recalled journeys between Brno and Most, alongside differential trouble at approximately 11,000km. It is estimated at between €300,000 and €400,000.
This 1993 Porsche 964 Carrera RS 3.8, chassis WP0ZZZ96ZPS497109, was ordered through Porsche customer racing manager Jürgen Barth for a German client who has retained it ever since. Porsche Centre Nuremberg issued the purchase invoice on December 12, 1993, and the owner collected it from Weissach on March 9, 1994. Its registration documents date it as 1994. The customer requested rear seats with three-point belts, reportedly making this the only RS 3.8 configured for four occupants. It was supplied in Speed Yellow with matching seat shells, belts and door pulls, black leather and grey seat inserts. The specification included a limited-slip differential, Speedline wheels, two airbags and a 92-litre fuel tank.
A material defect prompted an engine rebuild in January 1998, arranged through Porsche Centre Fürth-Erlangen and undertaken at the factory with Barth’s involvement. A second overhaul, around 2005, was supervised by Helmut Pietsch, head of engine technology at Plant 1. A subsequent dynamometer run recorded 324hp. The accompanying service book records nine visits to Porsche headquarters through October 2006. From 2008, maintenance was entrusted to marque specialist Kurt Ecke Motorsport. At cataloguing, the car showed 185,440km and retained its matching-numbers engine. It is estimated at between €1,100,000 and €1,300,000.
Further details
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