88 PERCENT OF ALL LOTS SOLD: 1959 FERRARI 250 GT LWB CALIFORNIA SPIDER COMPETIZIONE TOPS THE SALE AT $9,465,000
VIEW COMPLETE RESULTS AT BROADARROWAUCTIONS.COM
BROAD ARROW CALENDAR CONTINUES WITH PORSCHE AUCTION AT AIR|WATER ON APRIL 26
Grosse Pointe, Michigan (March 10, 2025) – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, saw great success with its third annual Amelia Auction on Friday, March 7 and Saturday, March 8—the official auction of The Amelia Concours d’Elegance. The auction achieved $61.7 million in total sales, with 88 percent of all lots sold. A well-attended preview in the ballroom and on the ocean-front lawn of the Ritz-Carlton Amelia Island translated to standing-room-only across both auction days. The energy was palpable throughout the auction, with Lydia Fenet, Broad Arrow’s Principal Auctioneer, moderating spirited bidding battles on Friday and Saturday. Bidder registration was the highest for any Broad Arrow auction to date. Registrations increased 22 percent over the 2024 Amelia Auction, with 60 percent of bidders attending the auction in person. The auction also drew more than 15,000 viewers on Broad Arrow’s YouTube channel and was viewed by millions on Hagerty’s Samsung TV Plus and newly launched Tubi channels.
The top sale of the Amelia Auction was a revered, Ferrari Classiche-certified 1959 Ferrari 250 GT LWB California Spider Competizione, chassis number 1451 GT. The second of only eight aluminum-bodied Ferrari 250 GT LWB California Spider Competiziones, the Ferrari achieved a remarkable 5th overall, capturing a GT class podium at the 1959 24 Hours of Le Mans with its first owner, Bob Grossman. It is the first California Spider equipped from the factory with the competition-specification, outside-plug Type 128 F engine, among numerous other competition features. Arguably the most significant 250 GT California Spider in existence, the car commanded a back-and-forth competition between a bidder on the phone and in the room before selling at a final $9,465,000 to the telephone bidder.
“We’re thrilled with the results from our third Amelia Auction,” said Barney Ruprecht, Senior Car Specialist and Vice-President of Auctions for Broad Arrow following the sale. “We presented a high-quality offering that saw frequent bidding competitions between bidders both in the room and over the phones and internet throughout the two days and across all categories of the market. The California Spider becomes the most valuable car Broad Arrow has ever sold, and the Miura is—significantly—the second most valuable example of the model ever sold at auction. We also saw the continued strength of the Porsche market with the sale of the 918 Spyder and numerous strong individual prices for exceptional 911s as we head into our Porsche Air|Water Auction next month in California.”
Beyond the Ferrari California Spider sale, the top 10 cars sold at Broad Arrow’s 2025 Amelia Auction are led by stand-out supercars from across the last 50 years of production, from an Arancia Orange 1971 Lamborghini Miura P400 SV which attracted a considerable amount of attention before selling at a final $4,460,000, to a 2018 Pagani Huayra Roadster at a strong $3,415,000. The list also includes post-war sports and racing legends and a million-dollar Classic-Era Auburn 851 Super-Charged “Boattail” Speedster, which sold for $1,011,500.
Broad Arrow Auctions Amelia 2025 – Top 10 Sales
|
1959 Ferrari 250 GT LWB California Spider Competizione |
$9,465,000 |
|
1971 Lamborghini Miura P400 SV |
$4,460,000 |
|
1954 Jaguar D-Type “OKV 2” Works Competition |
$4,295,000 |
|
1990 Ferrari F40 |
$3,665,000 |
|
2018 Pagani Huayra Roadster |
$3,415,000 |
|
2015 Porsche 918 Spyder |
$2,315,000 |
|
1958 BMW 507 Series II Roadster |
$2,122,500 |
|
1964 Shelby 289 Cobra |
$1,242,500 |
|
1935 Auburn 851 Super-Charged “Boattail” Speedster |
$1,011,500 |
|
2019 Lamborghini Aventador SVJ 63 |
$967,500 |
Complete results from Broad Arrow’s 2025 Amelia Auction are available at broadarrowauctions.com. The auction house will continue its 2025 calendar with the Spring Memorabilia Online Auction, an outstanding sale of desirable motorsport memorabilia—offered entirely without reserve. The German-based auction features iconic helmets, most of which have been used in Formula One by well-known drivers such as Mika Häkkinen, Jean Alesi, Charles Leclerc, and more. The auction runs online from April 21 to May 4 at broadarrowauctions.com.
Broad Arrow’s next live auction is the second annual Porsche Air|Water Auction, set for April 26th in partnership with the creators of Luftgekühlt. Held at the Orange County Fairgrounds in Costa Mesa, California, the single-day auction will once again feature approximately 50 desirable Porsches along with a selection of sought-after Porsche automobilia pieces. Interested consignors are encouraged to speak with a Broad Arrow car specialist about the limited remaining consignment opportunities for both the Porsche Air|Water and Concorso d’Eleganza Villa d’Este Auctions. Additional information is available at broadarrowauctions.com.