London, England – RM Auctions has announced it will host a new sale in Monaco on May 1, 2010, presenting 80 of the world’s finest cars during the same weekend as the seventh Grand Prix Historique de Monaco.

“Since hosting our first European event in 2007, RM has experienced immense growth in the investment-grade segment of the market and rapidly increased its global client base,” said Max Girardo, managing director of RM Europe. “In response, the addition of the Monaco sale is the first element of RM’s European expansion strategy.”

Included in the sale is a rare and highly desirable 1962 Ferrari 400 Superamerica Cabriolet Pininfarina, one of only six short-wheelbase vehicles bodied by Pininfarina. This was the last one built, and was displayed as a factory show car at the Geneva and New York Auto Shows in 1962.

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