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BROAD ARROW ACHIEVES NUMEROUS WORLD RECORD PRICES AT 2025 MONTEREY JET CENTER AUCTION
Globenewswireยท 2025-08-18 20:36
Core Insights - Broad Arrow Auctions achieved a total sales figure of $57.4 million during its 2025 Monterey Jet Center auction, with 80% of all lots sold, marking a significant increase in bidder registration by over 20% compared to 2024 [1][3][4] Auction Highlights - The auction set at least eight new record prices, led by the sale of a 2005 Maserati MC12 Stradale for $5,202,500, surpassing the previous record of $3,800,000 for the model [2][4][7] - Other notable sales included a 2008 Koenigsegg CCXR at $3,222,500, a 1980 BMW M1 Procar at $1,600,000, and a 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" at $1,022,500, all setting new records for their respective models [7][9] Market Trends - The auction results reflect a strong demand for modern collectibles, indicating a generational shift in the collector car market, with a notable interest in Japanese collector cars, including a 1999 Nissan Skyline CRS GT-R V-Spec sold for $692,500 [3][4][9] - The top 10 sales at the auction included iconic models such as a 1967 Ferrari 275 GTB/4 at $2,562,500 and a 1955 Mercedes-Benz 300 SL Gullwing Coupe at $1,902,500, demonstrating robust interest in both modern and classic vehicles [9][10] Future Events - Broad Arrow Auctions plans to expand its auction schedule with three new events in 2025, including the inaugural Zoute Concours Auction in Belgium and the debut Las Vegas Auction, indicating a strategic growth in its global footprint [15][18]