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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]