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Checkered Flags And Checkbooks Classic Race Cars Are Hotter Than Ever At Monterey Car Week

Monterey Car Week 2023: A Collector's Paradise

Legends of the Road

Monterey Car Week, the renowned automotive extravaganza, returns on Friday, August 12th, showcasing a breathtaking array of historic race cars.

This year's event marks a significant milestone: the 100th anniversary of the Ormond-Daytona Beach Race, where in 1905, the 100 mph barrier was shattered, paving the way for Daytona's legacy as a global racing hub.

The Checkered Flag: A Symbol of Triumph

In the thrilling world of Formula 1, the iconic checkered flag signals the end of the race and the coronation of the victor.

According to Fred Egloff, in his seminal work "Origin of the Checker Flag," the flag's origins can be traced back to a Packard Motor Car Company employee in the early 20th century.

Collector-Car Insurance: Safeguarding the Classics

Hagerty, the leading provider of collector-car insurance, anticipates that 0.5 percent of the approximately 12,000 vehicles at the Monterey Car Week auctions will be racing cars.

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