Sotheby’s to bring auction series to Abu Dhabi, eying local rich
As crypto tycoons and hedge fund managers flock to The Gulf’s tax havens, luxury businesses follow the money.
Oscar Piastri of McLaren during qualifying ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates, on December 7, 2024. The race in 2025 coincides with Sotheby’s inaugural Abu Dhabi auction series, underscoring the emirate’s ambition to become a hub for global luxury, art, and high-net-worth experiences. Image: Getty Images
Oscar Piastri of McLaren during qualifying ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates, on December 7, 2024. The race in 2025 coincides with Sotheby’s inaugural Abu Dhabi auction series, underscoring the emirate’s ambition to become a hub for global luxury, art, and high-net-worth experiences. Image: Getty Images