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NEWS FLASH: Broad Arrow Smashes World Records with Collection of Unobtanium Supercars on Day One of Amelia Concours Auction
Globenewswire· 2026-03-07 02:18
Core Insights - Broad Arrow Auctions, driven by Hagerty, set new auction records for several high-value collector cars during the 2026 Amelia Concours Auction, highlighting the strength of the collector car market [1][9] Auction Highlights - The 2003 Ferrari Enzo sold for $15,185,000, becoming the second most valuable Enzo ever sold at auction [3] - The 2021 Ferrari Monza SP2 achieved a world record auction price of $4,955,000, nearly doubling the previous highest price for the model [3] - The 2017 Ferrari F12tdf sold for a world record price of $4,185,000, showcasing strong demand with multiple bidders involved [2] - The 1988 Porsche 959 Sport set a new world record price of $5,505,000, reflecting its rarity and desirability among collectors [4] - A 2005 Porsche Carrera GT, offered without reserve, sold for $6,715,000, more than doubling its previous auction record [5] Auction Context - The auction took place at the Ritz-Carlton, Amelia Island, and was characterized by a packed room and competitive bidding, particularly for the Private Collection of Unobtanium Supercars [1][6]
Broad Arrow Reveals Private Collection Led by Single-Owner Nero Ferrari Enzo as Final Entries for Amelia Concours Auction
Globenewswire· 2026-02-24 20:15
Core Insights - Broad Arrow Auctions is set to host the Amelia Concours Auction on March 6-7, 2026, featuring a private collection of five low-mileage super and hypercars, including a 2003 Ferrari Enzo and a 2021 Ferrari Monza SP2 [1][5] Auction Details - The auction will take place at the Ritz-Carlton, Amelia Island, and will showcase over 170 exceptional collector cars along with memorabilia [1] - The event is the official auction partner of The Amelia Concours d'Elegance [1] Featured Cars - The collection includes: - A 2003 Ferrari Enzo, estimated between $12 million and $16 million, with less than 450 miles, making it the lowest mileage example of its kind in the U.S. [2][3] - A 2021 Ferrari Monza SP2, estimated between $4.25 million and $4.75 million, noted as the first public U.S. auction offering of this model, with only 16 miles [3] - A 1988 Porsche 959 Sport, estimated between $4.25 million and $5 million, one of only 29 lightweight models in the U.S. market [4][7] - A 2015 Porsche 918 Spyder, estimated between $2.4 million and $2.8 million, with only 352 miles [16] - A 2017 Ferrari F12tdf, estimated between $2 million and $2.5 million, showing less than 100 miles [16] Historical Significance - The auction will also feature significant Ferrari models from various decades, including: - A 1990 Ferrari F40, estimated between $3.25 million and $3.75 million, with only 8,065 miles [8] - A 1954 Ferrari 500 Mondial Pinin Farina Spider, estimated between $2.8 million and $3.2 million, known for its racing history [9]
Ferrari's Flying Off the Auction Block for Millions of Dollars
Youtube· 2026-02-13 13:48
Core Insights - The auction in Kissimmee generated over $460 million in sales, breaking the previous record of $260 million, indicating a significant growth in the collector car market [4][5] - Notably, the sale of a 1962 Ferrari 250 GTO for $38.5 million and the Bachmann collection of 46 Ferraris for over $120 million were standout events, but even without these, the auction still reached $300 million in sales [3][4][11] - Mecum's strategy to create a "blue ocean" for high-end auctions in Kissimmee has proven successful, allowing the company to differentiate itself from competitors [10][11] Auction Performance - The Kissimmee auction featured 4,300 cars, with an 80% sell-through rate, showcasing strong demand in the collector car market [20] - A total of 54 cars sold for over $1 million during the auction, highlighting the presence of high-value transactions [12] - The auction's success reflects a shift in the collector car hobby, with increasing interest from both collectors and investors seeking quality vehicles [16][17] Market Trends - The sale of high-value cars, such as the Enzo for $18 million, indicates a robust market for vehicles with great provenance and low mileage [13][15][16] - The presence of spirited bidding among buyers for high-end cars suggests a competitive landscape, with multiple affluent buyers interested in unique collector items [14][15] - The auction results indicate a growing trend where buyers are not just collectors but also investors looking for quality investments in the collector car space [16][17]
MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW’S MONTEREY JET CENTER AUCTION OFFERING
Globenewswire· 2025-07-24 17:16
Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its flagship Monterey Jet Center Auction on August 13-14, 2025, featuring a highly desirable 2005 Maserati MC12 Stradale, estimated between $4.8 million and $5.5 million [1][2][3] Auction Highlights - The auction will present 170 lots, showcasing a variety of collector cars across active market segments, including modern supercars, post-war classics, and rising JDM icons [4][5] - Notable supercar entries include the 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million), 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million), and 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) [6][8] - The auction will also feature significant track-focused vehicles, such as the 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million) [10] Market Trends - The current collector car market is seeing younger buyers who prioritize performance and usability, seeking rare and high-quality vehicles [5] - The Japanese Domestic Market (JDM) segment is gaining traction, with a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO leading the offerings (Estimate: $700,000 - $850,000) [13] - The post-war classic car segment remains a staple, highlighted by a 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) [14] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, having rapidly expanded its presence since its founding in 2021 [18] - The company is known for its high-quality offerings and has established flagship events, including the Monterey Jet Center Auction and others in collaboration with prestigious automotive events [18]