Unique Ruf 928R Porsche, commissioned by Samsung leader, spotlighted unsold at Amelia Island Concours d'Elegance auction.
Unique Ruf 928R Porsche, commissioned by Samsung leader, spotlighted unsold at Amelia Island Concours d'Elegance auction.
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Unique Ruf 928R Porsche commissioned by Samsung leader goes unsold at auction

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A one-of-a-kind Porsche 928R, commissioned by the late Samsung leader Lee Kun-hee, failed to meet its reserve price at the 2026 Amelia Island Concours d'Elegance auction. Built by specialist tuner Ruf, the grand tourer features enhanced power and luxury details tailored for its original owner. The event, held from March 5 to 8 on Amelia Island, Florida, drew thousands of attendees and showcased over 1,000 vehicles.

The Ruf 928R, the only Porsche 928 ever modified by the German tuner Ruf, was offered for sale through Gooding & Company at the 2026 Amelia Island Concours d'Elegance but did not sell after failing to meet the reserve. Commissioned by Lee Kun-hee, the late chairman of Samsung who led the company to surpass Sony in global electronics dominance, the car arrived at Ruf's workshops in Pfaffenhausen as a body-in-white from Porsche in Stuttgart. Finished in black with a burgundy red leather interior and Alcantara-wrapped steering wheel, it boasts a modified 5.0-liter V-8 engine producing 360 horsepower and 354 pound-feet of torque, paired with a four-speed automatic transmission.

Recent updates by Ruf include carbon-ceramic brakes and 19-inch five-spoke wheels, positioning it as a luxurious grand tourer rather than a track-focused machine like Ruf's famous CTR 'Yellowbird' 911. With just under 1,600 miles on the odometer, the vehicle reflects Kun-hee's passion for one-off automobiles, alongside his collection of pre-war Bugattis, Ferrari 250 GTOs, and custom Samsung-badged sports cars developed with input from Nissan, Kia, and Lotus. Many of Kun-hee's cars remain in the Samsung Collection, where they see limited use.

The Amelia Concours, first held in 1996 and operated by Hagerty, attracted over 17,000 attendees for its 2026 edition from March 5 to 8 at The Ritz-Carlton, Amelia Island. Highlights included auctions generating significant sales in recent years, a tribute to racing driver Dario Franchitti, and displays of more than 1,000 vehicles across classes like Concours d'Elegance and RADwood. Broad Arrow Auctions featured limited-production supercars, contributing to the event's reputation for glitz and automotive history. The weekend also involved heavy traffic, prompting local advisories for visitors.

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X discussions about the unique Ruf 928R Porsche commissioned by Samsung's late leader failing to meet reserve at the Amelia Island auction are limited. Car media outlets neutrally reported on its rarity and ongoing search for a buyer. Korean users expressed skepticism viewing the estimate as low or a potential loss, while replies praised its aesthetics and romantic appeal.

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Pristine 1989 RUF 928R from Samsung Collection showcased on stage at Amelia Island auction, spotlit amid bidders and auctioneer.
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World's Only RUF 928R from Samsung Collection Heads to Amelia Island Auction

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The sole 1989 RUF 928R—a genuine RUF-built model based on the Porsche 928 chassis with authentic W09 VIN—is set for Gooding & Company's Amelia Island auction on March 5 at 3 p.m. EST. Commissioned by the late Samsung chairman Lee Kun-hee, this low-mileage grand tourer (1,568 miles) features RUF performance upgrades and bespoke details, with estimates of $400,000–$500,000.

The 31st Amelia Island Concours d’Elegance drew thousands of enthusiasts to Florida's Ritz-Carlton resort, where a 1931 Duesenberg Model J “Taper Tail” roadster and a 1969 McLaren M8B secured the Best in Show awards. The event, held from Friday to Sunday, featured 250 cars and motorcycles, including classics and race vehicles, under sunny skies. Four-time IndyCar champion Dario Franchitti served as the honoree, reflecting on his racing legacy amid displays of historic automobiles.

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The 31st Amelia Island Concours d’Elegance drew collectors and enthusiasts to northeast Florida in March 2026, featuring over 250 historic cars and record-breaking auctions totaling more than $180 million. A 1960 Ferrari 250 GT SWB California Spider sold for $16,505,000, the week's top price, while a 1931 Duesenberg Model J took Best of Show Concours d’Elegance. Clear weather and diverse events, including a Porsche reunion and L88 Corvette class, enhanced the weekend's appeal.

Despite stormy weather, RM Sotheby's ModaMiami 2026 auction on February 27 at the Biltmore Hotel in Coral Gables, Florida, posted strong results with an 89% sell-through rate across 90 lots and 18 cars over $1 million. A 1959 Ferrari 250 GT LWB California Spyder topped sales at $7.045 million, while Ferraris outperformed estimates and Aston Martins lagged.

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The second edition of The Oberoi Concours d’Elegance wrapped up at The Oberoi Udaivilas in Udaipur after three days celebrating classic automobiles and India’s motoring heritage. The event featured a new Tour d’Elegance drive along Fateh Sagar Lake and drew global collectors, historians, and members of India’s erstwhile royalty. Partners including BMW and Rolls-Royce showcased iconic vehicles, highlighting the blend of tradition and innovation.

The Fritz Neuser Collection, featuring dozens of classic cars including Ferraris and De Tomasos, is set for auction with hundreds of lots. Highlights include a 1953 Mercedes-Benz 220 Cabriolet A and a 1970 Ferrari 365 GTB/4 Daytona. Estimates range from under $20,000 for some vehicles to 250,000 euros for others.

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The second edition of the Oberoi Concours d'Elegance, held in Udaipur, India, from February 20 to 22, showcased around 120 classic cars and motorcycles, celebrating India's automotive heritage. A 1939 Bentley 4¼ Litre Drophead Coupé owned by Dhanraj Gidwaney took the Best of Show award for automobiles, while a 1944 BSA WM20 motorcycle owned by Gurmukh Singh Salh won for motorcycles. The event featured international judges, Indian royalty, and an inaugural tour along Fateh Sagar Lake.

 

 

 

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