SEALED bid auction specialist Cars Direct is to hold its second sale during the CART championships at Rockingham Motor Speedway following the success of last year's event.

A sealed bid auction will take place at the speedway's hospitality area between September 13-14, as the site hosts the 15th round of the CART championship, where cars can reach speeds of 200mph on the oval circuit.

About 150 ex-fleet cars will be offered at the sale, including vehicles from fleet and leasing companies Hertz Lease, Saab Finance, Alphabet and LloydsTSB autolease.

Last year's event, which coincided with the first appearance of CART racing in the UK, saw 100 vehicles offered for sale, with a 90% conversion rate.

Roger Woodward, managing director of the auction firm, said: 'Staging this auction once again at Rockingham is not just about having fun, but highlights our approach in offering customers unique vehicle remarketing solutions.'