One of the finest car collections in recent memory will go on the auction block, and all because an Elkhart, Indiana CEO went bankrupt due to fraud. Najeeb Khan, the former CEO of payroll firm Interlogic Outsourcing Inc., was accused of $100 million worth of fraud and has to sell his massive car collection to help pay for the colossal level of debt. His 281-vehicle collection consists of such rarities as a Lamborghini Miura, a Mercedes-Benz 300 SL Gullwing, an Aston Martin DB5, a Bentley 3 Litre (upgraded to 4.5), a 1952 Ferrari 225 S Berlinetta, and even a Ford GT once owned by Wayne Gretzky. The Gullwing will fetch upwards of $2 million alone. There are also unique and somewhat obscure offerings such as a Hudson Fire Truck and a Steyr Daimler Puch all-terrain vehicle. What has become known as the “Elkhart Collection” goes up for auction almost entirely without reserve on October 23rd and 24th via RM Sotheby’s.
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Huckberry’s Essential Holiday Gift Guide
Unzip your coat and have some mulled wine on the house—you’ve arrived at your final gifting destination: The Holiday Gift Guide. It’s like your friendly neighborhood one-stop holiday shop, except instead of balsa wood ornaments, ours is packed with thoughtful gifts for everyone on your list. Future heirlooms, small-but-significant stocking stuffers, and gear for getting out there (or staying in)—are all right here. There’s no music playing in the background though, so you’ll just have to hum Bing Crosby while you click around instead.
