As we are seeing with the Mullin Automotive Museum’s assets being auctioned this year, on May 31 and June 1, RM/Sotheby’s will be conducting an auction of 144 classic and exotic automobiles and 40 motorcycles belonging to Canadian financier Miles Nadal. These will include a 1913 Baker Electric and various Ferraris, McLarens, Mercedes and Lamborghinis — with the entire selection estimated to bring in over $62 million US!

Miles Nadal

Why are we writing about it here? On January 30, 2023 Citroën Autoclub Canada members had the opportunity to visit Nadal’s ‘Dream Car Collection’ in Toronto. It’s the Canadian version of Jay Leno’s Garage – and then some…

Although there are no Citroëns in the collection, it is apply named as the massive 94,000 square-foot facility, with 17,000 square foot of exhibition space, is jaw-dropping not only for the over 160 automobiles and 40 motorcycles, that Nadal refers to as “mobile works of art” but for the racing artifacts, collectibles and antiques along with a $2 million dollar sneaker collection. The interior design alone could grace the pages of Architectural Digest.

Over the past 15 years, Miles Nadal has amassed more than 160 automobiles and 1,000 pairs of shoes. “I’m not in the business of collecting,” Nadal has said, “I’m in the passion of collecting.” Check out this video (and notice the presenter is wearing booties — at the Nadal’s insistence to keep the floor pristine):

Unlike the Mullin Automotive Museum’s assets being auctioned as a result of its founder, Peter Mullin’s passing, the Dream Car Collection collection is being sold to raise capital, in part, for a new major investment Nadal is involved with.  Plus he finds that the upkeep on all the cars no longer make sense.

Although the building will remain under Nadal’s ownership the display area will be reduced to showcasing about 30 automobiles that he will be retaining. Notable classics that will be sold include:

As for the sneaker collection, Nadal’s passion for sneakers originated with the acquisition of “The Ultimate Sneaker Collection” from Sotheby’s, which contained 100 of the most iconic sneakers of all time. Since acquiring that collection in 2019, Miles has gone on to add hundreds of more pairs, including the Nike Mag from Back to the Future II, the Nike SB Dunk “NYC Pigeon”, and a game-worn and autographed Air Jordan 1 “Chicago” PE from Michael Jordan’s rookie season in the NBA. Also in the collection are shoes signed by the likes of Tom Brady, Joel Embiid, and Steph Curry, along with a pair of Nike Moon Shoes that he paid $437,500 US for!

It would appear that Nadal has lost his collection passion. “I want someone to take care of all of this,” he told the Wall Street Journal. “I don’t want to have to think much about it.”

The Dare to Dream Collection will be sold in a 3-part sale series, beginning May 31st.

·        Dare to Dream Collection – live auction in Toronto, Canada – May 31st and June 1st. View all lots here.

·        Dare to Dream | Online – online auction, bidding opens on May 31st and closes on June 3rd. View all lots here.

·        Dare to Dream | The Ultimate Sneaker Collection, bidding opens on May 31st and closes on June 5th. View all lots here.

1 comment

  1. I noticed that there was a Baker electric listed. I wonder if that was the one originally owned by Lady Eaton? My mother grew up in south-western Ontario, but the family used to visit Toronto often and stay with my mother’s aunt and uncle. They lived on Spadina Road near Kendal. The house is still standing, but has become an entrance to the Spadina subway station. Until the early 1930s, Lady Eaton lived at her estate in the city and my mother remembered seeing her electric car driving down Spadina Road. This would have been in the late 20s or early 30s, so the car was quite old by that time, and very noticeable. My mother moved to Toronto in 1934, so it was earlier than that.

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