Collector Car Market
Search documents
Record Auction Sales at The Amelia Concours; Duesenberg and McLaren Awarded Best of Show
Prnewswire· 2026-03-12 22:47
Core Insights - The Amelia Concours achieved record auction sales of $111 million, marking the highest grossing auction in its 31-year history [1] - The event featured notable awards, with a 1931 Duesenberg Model J winning Best of Show and a 1969 McLaren M8B winning Best of Show - Concours de Sport [1] - Broad Arrow Auctions, the auction house for the event, reported a 92% sell-through rate, indicating strong demand in the collector car market [1] Auction Performance - Broad Arrow Auctions conducted its most successful auction to date, with total sales exceeding $111 million and 92% of lots sold [1] - The auction attracted over 1,000 registered bidders from 23 countries, leading to standing-room-only attendance [1] - Record prices were achieved for several modern supercars, including a 2003 Ferrari Enzo sold for $15,185,000 and a 1972 Lamborghini Miura P400 SV sold for $6,605,000, surpassing previous benchmarks [1] Event Highlights - The Amelia Concours featured over 275 distinguished automobiles and included a sold-out Reverie kick-off gathering and the largest-ever RADwood display [1] - The event celebrated automotive culture with luxury hospitality, seminars, and driving experiences, attracting a diverse community of car enthusiasts [1] - The Amelia Concours has donated over $4 million to charitable organizations since its inception in 1996, highlighting its commitment to philanthropy [2] Future Events - The Amelia Concours will return in 2027, scheduled for March 4-7, and will continue to host events that celebrate automotive excellence [2] - Upcoming events include The Greenwich Concours on May 30-31, 2026, and Motorlux during Monterey Car Week on August 12, 2026 [2]
Broad Arrow Realizes Most Successful Auction in the History of Amelia Car Week with $111 Million in Total Sales
Globenewswire· 2026-03-09 19:40
Core Insights - Broad Arrow Auctions achieved over $111 million in total sales during the 2026 Amelia Concours Auction, marking the highest-grossing auction in the event's 31-year history and Broad Arrow's most successful auction since its founding in 2021 [1][3] Auction Performance - The auction took place on March 6-7, 2026, at The Ritz-Carlton, Amelia Island, with a sell-through rate of 92%, selling 165 out of 179 lots [1][3] - The event attracted over 1,000 registered bidders from 23 countries, indicating strong global interest [2] Record Sales - The top-selling item was a single-owner 2003 Ferrari Enzo, which sold for $15,185,000, setting a new record for the auction [1][4] - A total of 13 new world record auction prices were established, including: - 2005 Porsche Carrera GT at $6,715,000 - 1972 Lamborghini Miura P400 SV at $6,605,000 - 2015 Porsche 918 Spyder at $2,975,000 [1][11][13] Market Trends - The auction demonstrated robust demand for modern supercars, with significant bidding activity for exceptionally specified vehicles [3][11] - High-quality cars with great provenance from various eras also secured strong prices, reflecting a healthy collector car market [3][11] Upcoming Events - Broad Arrow Auctions will return for the 2026 edition of Air|Water on April 25, featuring over 60 desirable Porsches [14] - The company is also preparing for the Concorso d'Eleganza Villa d'Este Auction on May 16-17, with early consignments already in place [14]
BROAD ARROW EXCEEDS $624 MILLION IN TOTAL TRANSACTIONS ACROSS AUCTIONS, PRIVATE SALES, AND FINANCING IN 2025
Globenewswire· 2025-12-18 18:15
Core Insights - Broad Arrow, a Hagerty company, reported a total transaction value of over $624 million in 2025, marking a 97% increase from $316 million in 2024 [1][2]. Auction Performance - Broad Arrow Auctions achieved total sales of $257 million across eight live auctions and two online memorabilia auctions in 2025, with an 88% sell-through rate for 949 lots sold [3][8]. - The company set 11 world record auction prices and attracted bidders from 52 countries, with significant growth in registered bidders, particularly in Europe [3][9]. Private Sales - Broad Arrow's Private Sales business generated over $281 million in transaction value across 190 transactions, surpassing auction totals for the first time, with an average transaction value of approximately $1.48 million [14][8]. - Notable sales included a 1995 McLaren F1 and a 2019 Ferrari FXX-K Evo, highlighting the company's expertise in high-value collector cars [15][16]. Financing Capabilities - Broad Arrow Capital facilitated over $85 million in new financing transactions in 2025, supporting clients in the U.S., U.K., and Europe [17][8]. Future Outlook - The company plans to expand its auction calendar in 2026 with new online sales and live events, including the flagship Amelia Auction scheduled for March 2026 [18][19].
RECORD-SETTING $2.2 MILLION BUGATTI VEYRON LEADS BROAD ARROW'S INAUGURAL LAS VEGAS AUCTION
Globenewswire· 2025-11-03 18:48
Core Insights - Broad Arrow Auctions, a Hagerty company, successfully held its inaugural Las Vegas Auction on October 31, 2025, at Wynn Las Vegas, achieving a total sales figure of $13,716,840 with 82% of lots sold [2][4] Auction Performance - The auction featured a strong attendance, with over one third of bidders participating for the first time [2] - The highlight of the auction was the sale of a 2010 Bugatti Veyron EB 16.4 Coupe, which sold for $2,205,000, setting a new world record for a standard Veyron at auction [3][4] - Other notable sales included a 1962 Mercedes-Benz 300 SL Roadster for $1,831,000 and a 1965 Aston Martin DB5 Vantage for $1,116,000, both exceeding their pre-sale estimates [4][5] Market Trends - The auction results indicate a growing demand for original, unmodified supercars, particularly the Bugatti Veyron, which has seen increased interest over the past year [4] - Classic cars continue to attract discerning collectors, as evidenced by the strong performance of post-War classics at the auction [4][5] Future Outlook - Broad Arrow Auctions plans to expand its global footprint, with intentions to bring the auction experience to new regions in 2026 [6] - The company is set to release a recap of its 2025 auctions and private sales in December, along with announcements for upcoming auctions in 2026 [8]
BROAD ARROW ZÜRICH AUCTION CATALOGUE FEATURES EXCEPTIONAL COLLECTOR CARS WITH VALUED SWISS PROVENANCE
Globenewswire· 2025-10-15 15:00
Core Insights - Broad Arrow Auctions, a Hagerty company, is set to hold its inaugural Zürich Auction featuring over 60 collectible cars with notable Swiss provenance [1][2][4] Auction Details - The auction will take place on November 1, 2025, at the Dolder Grand Hotel, coinciding with the Auto Zürich motor show [2] - Bidders can register for in-person, telephone, or online participation [13] Featured Cars - The auction includes a 1966 Ferrari 275 GTB Alloy, estimated between CHF 2,200,000 and CHF 2,600,000, known for its lightweight alloy body and continuous Swiss ownership [5] - A 1956 Jaguar D-Type, estimated at CHF 5,250,000 to CHF 6,250,000, is notable for never having been used in competitive motorsport [6] - The 2020 Bugatti Chiron Sport, with an estimate of CHF 2,900,000 to CHF 3,200,000, has only 11,000 km on the odometer and is capable of reaching 420 km/h [7] - A unique 1991 Isdera Sbarro Espera Turbo S20E, estimated between CHF 140,000 and CHF 230,000, is highlighted for its Swiss pedigree and design by Franco Sbarro [4] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, having rapidly expanded since its founding in 2021 [15] - The company has established itself as the fastest-growing auction house in its segment, with flagship events in the U.S. and recent expansions into Europe [15][16]