RM Auctions’ Peter Wallman was speaking at the recent Windsor Castle Concours of Elegance, describing this as the best event of its type he had ever seen: “What really is the icing on the cake is the entrance to Windsor Castle,” he said.

“There’s an increasing number of prestigious classic events in Britain which are helping drive the market forward. It’s not only about cars. It’s about the people and the networking – a social event.”

Peter added: “Events used to be male orientated but this is no longer the case. The Windsor Castle event had a joyous garden party atmosphere.”

Such is the interest that people were looking for cars to participate in specific events. “People will contact us to say they are looking for a motorcar to do a particular event.”

Sports cars such as Jaguars and Austin Healeys were among the cars benefitting.

“More and more people buying cars such as this are using them regularly rather than just storing them away.”

Popular events included the Goodwood Revival and Festival of Speed, as well as many varied rallies and road runs. The success of these events contributes to the buoyancy of the classic car market.

Interestingly, Peter added, the event orientated sales drive didn’t just apply to more expensive models. “I think it’s reflected through the entire market. There are so many events around nowadays and long may they continue.”