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Blenheim's RM Auctions and Sotheby's have formed a strategic partnership, with the latter company acquiring a 25% ownership stake. RM and Sotheby's have previously collaborated on a number of sales in the U.S. and Europe, including the 2013 Art of the Automobile auction in New York, which achieved nearly $63 million in two hours and saw a new auction record set for a Ferrari 250 LM at $14.3 million. Comment?
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