History
Founded in 1991 with a mysterious fax reading “The deed is done,” Wyles Hardy & Co. has grown into a leading name in the valuation and auction industry, renowned for handling prestigious cases from luxury supercars to high-profile asset sales with professionalism and integrity.

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1995

Simtek Grand Prix Limited

Conducted an auction of the assets of Simtek Grand Prix Limited Formula 1 team, dealing with high-value racing assets. This highlighted Wyles Hardy’s ability to handle specialised and prestigious sports industry auctions.

Wyles Hardy & Co. took on a prestigious project with the auction of the assets of Simtek Grand Prix Limited, a fledgling Formula 1 racing team. This auction included a range of specialised Formula 1 assets, from advanced race cars and precision-engineered components to unique team equipment and memorabilia. The project required Wyles Hardy’s expert knowledge in managing high-value sports assets and navigating the unique demands of the motorsport industry. The team at Wyles Hardy accurately catalogued, valued, and marketed the assets to attract elite buyers in the racing world, showcasing the firm’s capability to manage specialised and high-profile auctions with precision.

Our strategic approach helped generate substantial interest and returns, reinforcing our reputation for handling high-profile automotive industry disposals. This Formula 1 auction highlighted Wyles Hardy’s versatility and ability to work with high-performance assets, further expanding our reach into the motor racing sector. The Simtek Grand Prix project laid a strong foundation for future engagements in luxury and specialised auctions, positioning Wyles Hardy as a trusted name for insolvency clients in motorsports and other elite sectors.

Terry Madden
Terry Madden
Managing Director, MRICS
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