Changing The Game of Online Auto Sales

Our journey of technical innovation maturing day by day..

AuthorAuthor

Phil Beans & Mark Boudreau
August 18, 2023

Welcome to the weekend!

In case you missed it, last week we announced that Caffeine & Octane have joined our Paddock Auction Network. Their brand is know for being the largest monthly car show in America, a TV show on MotorTrend, and they even have their own raceway.

The involvement of C&O in our mission to decentralize the online auto trade is an amazing step for our team and network partners - but this is just the beginning of our journey.

Without giving too much away, we’re excited to share that our relationship with C&O involves the development of new technologies that’ll truly deliver innovation to the online auto trade. Although it feels like the recent transition to online auto sales is exploding all around us, the actual rate of innovation is nothing more than your basic marketplace or auction softwares from the initial dot com boom (and as much as we differ by being ‘network-driven’, the whole industry is still just running v1.0 of online auto sales)..

What we intend to deliver through our network partners will truly put our software suite into the forefront of changing the online auto trade. Thanks again for all the support and we look forward to sharing more great news and technologies in the coming weeks!

The Racing Edge team.

Formula 1

Vegas doing what Vegas does 💯

While Formula 1 is still on their summer break, click below if you’d like to watch Red Bull drive a car through a casino - and then some 🤣

Next race: Sunday, August 27th @ 9am EST

Paddock Auctions

The Ginetta G55 GT4 is a beloved race car with it’s own single make series. This example is just one of two that’s going live from our friends at P1 Auto Auction.

NOW LIVE!

The Ford F550 Truck & Trailer from McLaren Orlando is back up for auction!

Auction ends: August 18th @ 7:30pm EST

This 1979 Mercedes 280 SLC is coming soon from the good folks at P1 Auto Auction!

Auction ends: August 18th @ 7:45pm EST

This E39 BMW M5 has undergone an immaculate reconditioning at the hands of a BMW specialist (and RCLUB member) over the past several years. No stone was left unturned and this car is in high demand from the members - be sure to favourite this one in your account for updates!

Auction ends: August 18th @ 8pm EST

This Ferrari 360 Challenge is coming soon to auction from the good folks at Team Stradale. More details coming soon..

Auction ends: August 18th @ 8:15pm EST

This car has a freshly rebuilt motor, has won a national racing championship, and it’s nickname is ‘Saucy’ - if you’re looking for a mid-engine race car.. Or perhaps a wildly fun track day car……… This is it 🤝

Auction ends: August 18th @ 8:30pm EST

If you’re going for lap times and a raw driving experience that’ll keep you busy - then a 997 Cup car is what you’ll want. Get it while it’s hot!

Auction ends: August 18th @ 8:45pm EST

We present to you - an Avanti II. Such a rare little gem except for the fact that we've got two of them coming up for auction!

Auction ends: August 23rd @ 7:00pm EST

Your second shot at a Ginetta G55 GT4! A great piece of kit.. Like the Radical SR3 of GT4 racing 👌

Auction ends: August 23rd @ 7:15pm EST

A 1988 Mercedes 560 SL.. Comfort, luxury, convertible - and a V8.

Auction ends: August 23rd @ 7:30pm EST

NO RESERVE! NO RESERVE! NO RESERVE! NO RESERVE! NO RESERVE!

We’re excited to announce that P1 Auto Auction have brought this NO RESERVE 1963 Studebaker Gran Turismo Hawk to auction!

Auction ends: August 23rd @ 9pm EST

NO RESERVE! NO RESERVE! NO RESERVE! NO RESERVE! NO RESERVE!

That’s right, we’ve got TWO no reserve vehicles coming up, courtesy of P1 Auto Auction. This Mercedes 380 SLC is a gem in great condition and ready for cruising.

Auction starts: August 18th @ 9pm EST

Race Cars for Sale

Get yourself a BTCC classic! This 1999 Mitsubishi Carisma has seen several podiums and is now on offer through the good folks at Machines With A Mission.

If you’re looking for a 992 Porsche GT3 Cup car - P1 Groupe has you covered.

News Racers Can Use

Sustainability lessons from Stella McCartney

Stella McCartney is the perfect definition of the axiom that the enemy of good is perfection and motorsport can learn a lot from her. “She tells me several times that she is not perfect and that her brand isn’t either.” This is key in my opinion when dealing with sustainability in any business (or walk of life frankly). The quest to become sustainable will never be perfect, we will never achieve complete sustainability. The question is whether we should abandon all attempts to become more sustainable only because we cannot reach 100%. Stella McCartney, much like Toto Wolff at Mercedes F1, are working hard to reduce their impact on the environment, not because they have to, but because it is the right thing to do. Most importantly, they realize that it’s an ongoing, complicated and at times frustrating journey.

“I get driven and angry,” McCartney says of the limitations she faces compared with her peers. “But these are the kinds of things that make me want to get up in the morning.” Sustainability is not easy, nor is it straightforward. Often for every step forward there are two steps back, but that is no reason why we should stop, whether that be a fashion brand or a racing team. The end result is worth it.

The approaches of McCartney and Wolff are quite similar in their respective industries:

Stella McCartney: When she’s working on a collection, she’s thinking about how a Stella McCartney-designed piece should make you feel: confident, comfortable, alive, effortless, sensual. “I want to feel the best version of myself,” she says, her eyes lit up. “I want to feel f-cking fabulous.”

Toto Wolff: “Performance at any cost, without thought of the wider repercussions, is no longer acceptable in today’s world. But being sustainable doesn’t have to mean compromise. Delivering sustainable high performance has become a guiding principle in the way we operate.“

Don’t look at sustainability in motorsport as something that will somehow diminish our favourite sport. Instead, look at it as a way to reduce the impact it has on the world around us while still going as fast as it can. If there’s one thing that motorsport enjoys most, it’s a challenge - and sustainability is a challenge that motorsport can, and will tackle.

Being fast and green, like being sustainable and stylish, does not have to be an either/or proposition, we can and will do both.

News Racers Can Use is written by Mark Boudreau from Motorsport Prospects

Quick Bites

💪 Work out like F1 Driver Pierre Gasly

🧠 Becoming a mentally strong driver in the sim

👩‍⚖️ Felipe Massa turns closer to the courts

Learn More about our ‘Paddock’ Software Suite:

Our Paddock software suite is a totally unique approach for the automotive/motorsports market. Click here to learn more about our software and how your business can join the Paddock Network today!