Bonhams

A 1955 Ferrari 410 Sport Spider sold for $22 million Saturday at an RM Sotheby’s auction in Monterey, Calif., as collectors race to buy cars priced like Picassos.The cherry-red race car was the closely watched star of Monterey Car Week, a series of nearly $500 million in glitzy car auctions that coincide with a car competition known as the Pebble Beach Concours d’Elegance. Collectively, the weekend serves as the equivalent of the Kentucky Derby for car aficionados, with events running through Sunday. The sale comes as…

Records and music memorabilia once owned by the celebrated former BBC DJ John Peel, including a signed mono pressing of John Lennon and Yoko Ono’s 1968 album Two Virgins, is to be sold at auction in June.Peel’s family said in a statement: “John/Dad was in a position to have access to many of the most celebrated people and events in the history of popular music. This is reflected in a wealth of souvenirs he collected. In going through the accumulation of 40 years of pop music moments, we decided that some of the most…