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Broad Arrow's Amelia Auction Continues 2025 Success with $61.7 Million in Total Sales
HGTYHagerty(HGTY) Newsfilter·2025-03-10 18:23

Core Insights - Broad Arrow Auctions, a Hagerty company, achieved 61.7millionintotalsalesduringitsthirdannualAmeliaAuction,with88percentofalllotssold[1]Theauctionsawa22percentincreaseinbidderregistrationscomparedtothepreviousyear,with60percentofbiddersattendinginperson[1]Thetopsalewasa1959Ferrari250GTLWBCaliforniaSpiderCompetizione,whichsoldfor61.7 million in total sales during its third annual Amelia Auction, with 88 percent of all lots sold [1] - The auction saw a 22 percent increase in bidder registrations compared to the previous year, with 60 percent of bidders attending in person [1] - The top sale was a 1959 Ferrari 250 GT LWB California Spider Competizione, which sold for 9,465,000, making it the most valuable car ever sold by Broad Arrow [2][3] Auction Performance - The auction took place on March 7 and 8, 2025, at the Ritz-Carlton Amelia Island, with a well-attended preview leading to high engagement during the auction [1] - Over 15,000 viewers watched the auction on Broad Arrow's YouTube channel, with millions more tuning in via Hagerty's Samsung TV Plus and Tubi channels [1] - The auction featured spirited bidding across all categories, indicating a strong demand for high-quality collector cars [3] Notable Sales - The top 10 sales included iconic models such as the 1971 Lamborghini Miura P400 SV, which sold for 4,460,000,andthe2018PaganiHuayraRoadster,whichsoldfor4,460,000, and the 2018 Pagani Huayra Roadster, which sold for 3,415,000 [4] - Other notable sales included a 1954 Jaguar D-Type for 4,295,000anda1990FerrariF40for4,295,000 and a 1990 Ferrari F40 for 3,665,000, showcasing a diverse range of high-value vehicles [4] Upcoming Events - Broad Arrow's next auction is the Porsche Air|Water Auction scheduled for April 26, 2025, featuring approximately 50 desirable Porsches [5] - The auction house will also host a Spring Memorabilia Online Auction from April 21 to May 4, 2025, focusing on motorsport memorabilia [4]