In a fusion of art and automotive design, the Daniel Arsham x RWB Porsche Slantnose 964, dubbed "RWBA," was sold through collectibles trading platform Rally. The initial public offering (IPO) saw the RWBA presented as 31,500 shares, priced at $10 USD a piece, all of which were sold out in 11 minutes to just over 500 collectors -- setting the IO's market cap at $315,000 USD.
Making the sale even more significant, the vehicle represents the first-ever Slantnose 964 customized by RWB's Akira Nakai. Additionally, when the RWBA was first unveiled in 2023, it was created in collaboration and celebration of Porsche's 75th anniversary.
Taking a closer look at the design elements, the Slantnose showcases an unparalleled blend of Japanese street racing aesthetics and meticulous craftsmanship. The collaboration emerged from Arsham’s proposal to incorporate elements from Japan’s vibrant "Midnight Club" street racing culture, blending it seamlessly with RWB’s renowned car modification artistry.
The vehicle is based on a 1991 Japan-Spec 964 911, modified extensively to feature a 935-style Slantnose and the signature RWB wide-body kit. Unlike typical RWB designs, known for their riveted fenders, the RWBA model features fiberglassed-in fenders -- a first for RWB. The car's striking appearance is enhanced by a white exterior, a 993 GT2 rear wing and chrome JDM-style deep dish wheels, creating a distinct profile.
Inside, the RWBA sports an exclusive Arsham Green Pantone interior, including the carpets, offering a unique and artistic cabin experience. This distinctive feature underscores Daniel Arsham’s vision of blending automotive performance with artistic expression, making the RWBA a piece of mobile art. As for technicals, the RWBA features a 3.6L flat-six paired with a 5-speed manual transmission and at the time of writing is said to have just over 57,000 miles on the odometer.
While the $10 USD shares from the IPO are sold out, collectors will soon be able to buy and sell the shares at secondary prices after the built-in 90-day cooling period ends. For the impatient, Rally does offer a "buyout offer" option, however, all 500 plus collectors and Rally's third-party advisory board would have to agree to the offer -- this will also be your only option if you want to drive the car.
Rally also notes on its website that shares unlock exclusive experiences and voting power. Through the shares, collectors can gain access to special events and experiences tied to their collectibles. Additionally, these collectors are also able to vote on crucial decisions around the collectible, like sales, auctions, exits, dividend allocations and more -- creating an exciting and accessible opportunity for enthusiasts of all kinds.
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