Prindiville https://www.prindiville.co.uk Wed, 22 Nov 2017 17:28:17 +0000 en-GB hourly 1 https://wordpress.org/?v=4.7.7 Team Parker Racing – British GT Championship https://www.prindiville.co.uk/team-parker-racing-british-gt-championship/ Thu, 08 Jun 2017 14:42:50 +0000 https://www.prindiville.co.uk/?p=50095

After running a single Bentley for much of 2016 Team Parker Racing returns with a two-car effort for the entire 2017 campaign.

The team will be eager to build on a successful first domestic season with the Continental GT3 after claiming four pole positions and victory at Oulton Park, which helped Rick Parfitt Jnr and Seb Morris to finish third in the final drivers’s standings. TPR finished in the same position in the teams’ standings – the best placed of the single-car entries.

Ian Loggie and Callum Macleod have already been confirmed aboard one of the Bentleys, with the second expected in due course.

Before making its GT3 debut in 2016 TPR previously campaigned Ginettas in the GT4 category under the Twisted Team Parker banner. Ade Barwick and Bradley Ellis won twice for the team [...]

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The Long Haul To A Fast Buck – Spear’s Magazine https://www.prindiville.co.uk/the-long-haul-to-a-fast-buck-spears-magazine/ Wed, 03 May 2017 12:47:20 +0000 https://www.prindiville.co.uk/?p=49774 Read Complete Issue

 

From his base in East London, Alex Prindiville deals in supercars and high-end classics. Whether they’re looking for an investment or a car to enjoy, the wealthy knock on the 42-year-old’s door. And if he doesn’t have their car in stock, he’ll track one down using his black book of global contacts. Business is booming, despite political turmoil. ‘The market is very buoyant, despite Brexit,’ says Prindiville. ‘Our business is global, so we’re lucky in that respect. If the London market is quiet, it’s still healthy in Hong Kong and Malaysia, for instance, while the UAE is always good. I also have a diverse mix of customers everyone from a builder who wants to buy an [...]

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Asset Backed Bond – Prindiville https://www.prindiville.co.uk/asset-backed-bond-prindiville/ Mon, 20 Feb 2017 15:40:24 +0000 http://www.prindiville.co.uk/?p=47364 The London Classic Car Show 2017 https://www.prindiville.co.uk/the-london-classic-car-show-2017/ Tue, 14 Feb 2017 14:57:43 +0000 http://www.prindiville.co.uk/?p=47275 The Classic car show at Excel London will honouring six-time Le Mans winner Jacky Ickx with this year’s Icon Award, and celebrate Ferrari with a specially invited panel of celebrity Ferrari fanatics.
Ickx, the world’s greatest all-round racing driver, will be live on stage discussing his incredible career with motoring broadcaster Henry Hope-Frost, who will also host our exclusive Ferrari celebrations. Ickx will also be joined by five time Le Mans winner Derek Bell, MBE, as they team up again after sharing the top step of the 24 Hours podium three times.

Ickx will also be the guest of honour at our sister show, the inaugural Historic Motorsport International. He will officially open the show at ExCeL, London at 12 noon on Thursday, 23rd February and be sharing his remarkable experiences with visitors on both Thursday and Friday.

Grand Avenue

Unique to The London Classic Car Show, The Grand Avenue is a [...]

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Prindiville PLC at The Classic Car Show London https://www.prindiville.co.uk/classic-car-show-london/ Wed, 08 Feb 2017 15:25:44 +0000 http://www.prindiville.co.uk/?p=47163 Supercar ‘mini-bond’ launched for sophisticated investors with a passion for luxury cars https://www.prindiville.co.uk/mini-bond-launched-for-sophisticated-investors/ Tue, 31 Jan 2017 14:54:32 +0000 http://www.prindiville.co.uk/?p=47077 By Ray Massey For Thisismoney.co.uk
Published: 13:46, 26 December 2016 | Updated: 13:46, 26 December 2016

If you’re fairly rich, feeling flush and fancy a flutter this Christmas or New Year, supercar dealer Alex Prindiville may have the answer.

You could of course plump for one of the so-called ‘Holy Trinity’ of rare exotic wheels – Ferrari’s LaFerrari; the McLaren P1 and the Porsche 918 which are collectively worth more than £4million – and which he recently had together in his showroom in London’s Limehouse.

However, for automotive fans fed up with the paltry interest rates from banks and building societies, Prindiville has just launched the UK’s first supercar ‘mini-bonds’ costing from £50,000 each.

In return for the high octane investment, purchasers are being offered annual income of 7.5 per cent.

The bond aims to raise Prindiville [...]

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Investing in classic cars and supercars https://www.prindiville.co.uk/investing-in-classic-cars-and-supercars-asset-backed-bond/ Mon, 12 Dec 2016 11:32:57 +0000 http://www.prindiville.co.uk/?p=46744 With the financial markets still reeling from Brexit, an uncertain economic future ahead and ultra-low interest rates the new norm, now is a perfect time to look at alternative avenues of investment.

Classic cars and supercars offer a potentially lucrative return for investors and although you can view them as a tangible asset – an investment you can touch, smell, hear, sit in and even drive – what really fires the market here is passion, Cars have a very special way of getting under your skin, of making one person feel they need to pay more for a particular model than the next person, emotion is a powerful motivator for buyers accustomed to getting what they want.

Some buyers are inspired by childhood memories. Others admire beauty and rarity. Celebrity and cinematic connections will always be a [...]

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Knight Assets Said Raising Fund That Charges No Management Fee https://www.prindiville.co.uk/knight-assets-said-raising-fund-that-charges-no-management-fee/ Wed, 07 Dec 2016 15:21:15 +0000 http://www.prindiville.co.uk/?p=46715 Bloombergby Nishant Kumar
December 7, 2016

  • London-based asset manager said targeting $500 million total
  • Fund to focus on investments in mid-sized global companies

Knight Assets & Co., a London-based investment firm led by former Deutsche Bank AG and Bank of America Merrill Lynch employees, has raised about $300 million for a new equity-focused fund that will not charge management fees, according to a person familiar with the situation.

Knight, which began seeking new cash in mid-September, is targeting $500 million in total and wants to reach that fundraising goal by early next year, the person said, asking not to be identified ahead of an official announcement. The money manager will charge performance fees of as much as 25 percent depending on returns, according to an investor presentation seen by Bloomberg News. A representative of Knight declined to comment.

The hedge funds industry in Europe [...]

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The rise of interest, and investment, in supercars https://www.prindiville.co.uk/the-rise-of-interest-and-investment-in-supercars/ Wed, 07 Dec 2016 12:55:04 +0000 http://www.prindiville.co.uk/?p=46706 Holy trinity prindiville supercars
For most people, next to buying their home, a car is one of the largest purchasing decisions they will ever make. From the excitement of muscle and speed to the enjoyment of luxury and splendour, the automobile can also become one of the most treasured investments in a portfolio.

By: Johnny Duncan
Private Air
Luxury Homes
Volume 5 | Issue 6

As an investment, supercars offer a solid form of diversification in that they hold, and even gain, in value. More investors are turning to supercars as they would to art, for both the enjoyment of showroom appeal and the expectation of appreciation, this interest in supercars as an investment has weaned very little during Brexit and previous market hiccups, and us not showing any signs [...]

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Vroom for manoeuvre https://www.prindiville.co.uk/vroom-for-manoeuvre/ Fri, 25 Nov 2016 09:36:37 +0000 http://www.prindiville.co.uk/?p=46608 vroom
By: Henry Jeffreys

In 1978 my grandfather offered to sell my father his maroon Aston Martin DB5 for £4,000. They were about to do the deal when my father realised that he couldn’t fit both my brother’s child seat and my carrycot in the back. He passed — and bought a Renault estate instead. At the Goodwood Revival this year, Bonhams sold a similar DB5 for £455,100. I wonder if my father curses me and that bloody carrycot.

The DB5 built between 1963 and 1965, once the preserve of a special breed of enthusiasts, is now attracting serious investment money. It’s not the only model in that category. James Wheeler, a specialist at H&H car auctions, told me about a friend of his who bought a Ferrari 275 GTB for around £80,000 in the 1990s: it’s now [...]

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