Ferrari Miles Nadal

Toronto financier Miles Nadal auctioning collection of stunning Ferraris & sneakers

Canadian financier Miles Nadal will be auctioning off about $60 million in shoes, cars, and sports memorabilia at an RM Sotheby’s showcase in downtown Toronto later this spring. Nadal’s “Dare to Dream” collection will be up for auction from May 31 to June 1, 2024, in downtown Toronto.

“Assembling the Dare to Dream collection has been a passion project from the very beginning, and it has been an immense privilege to unite the finest in both automobiles and sneakers,” Nadal said in a press release last month, noting that realizing this lifelong dream has filled him with gratitude for the individuals he’s encountered and the communities he’s fostered throughout his journey as a collector and curator.

The rare collection will include items from the most iconic auto brands, like Ferrari, Mercedes-Benz, Porsche, and Ford. For example, you can own a 2015 Ferrari LaFerrari for between $5.1 and $5.7 million. It’s one of the most expensive lots offered in the collection and features the model’s signature color combination of Rosso Corsa over Pelle Neri leather, complemented by Scuderia fender shields, black wheels, red calipers, and exterior exposed carbon trim.

1985 Ferrari 288 GTO estimated to be worth $3,750,000 – $4,000,000 USD is being auctioned off by Nadal

The collection also includes the ultimate sneaker collection (in what RM Sotheby dubs “true pieces of wearable, walkable art”). About 750 pairs will be sold off worth an estimated $2.6 million, including 500 pairs of Air Jordans, 2 pairs of Nike Air Mags, and 99 of the rarest sneakers in the world.

Serious sneaker collection include rare Air Jordans worn and autographed by the man himself

“Now, as I transition into a new chapter of my life, it’s time to pass this joy on to other enthusiastic collectors. From the outset of curating the collection, I was aware that one day it would be sold, with the proceeds designated for the Dare to Dream Foundation, which is committed to empowering youth through entrepreneurship,” Nadal added in his press statement.

Nadal founded the Toronto-based advertising group MDC Partners, Inc., and was once one of Canada’s most richly rewarded CEOs. He was reportedly compensated $16.8 million in 2014, before retiring from his post in 2015 amidst an investigation by the U.S. Securities and Exchange Commission.

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