Oceanfront Opulence: Broad Arrow’s Amelia Auction Sets New Heights, Ferrari 250 GT Spider Steals the Show at $9.4 Million: Broad Arrow Auctions, a Hagerty company, has achieved a resounding success at its third annual Amelia Auction, held in conjunction with The Amelia Concours d’Elegance. With a staggering $61.7 million in total sales and an impressive 88 percent sell-through rate, the auction has cemented its position as a premier event for collectors. The Ritz-Carlton Amelia Island provided a stunning backdrop for the event, with a packed ballroom and ocean-front lawn witnessing spirited bidding battles. A Ferrari Classiche-certified 1959 Ferrari 250 GT LWB California Spider Competizione, chassis number 1451 GT, emerged as the top lot, commanding a final price of $9,465,000. The auction’s success was further underscored by record-high bidder registration, with a 22 percent increase over the previous year.
Ferrari’s Le Mans Legacy: A California Spider’s Historic Triumph: The 1959 Ferrari 250 GT LWB California Spider Competizione, a true icon of automotive history, captivated bidders with its exceptional provenance. The second of only eight aluminum-bodied examples, this Ferrari boasts a remarkable racing pedigree, having achieved 5th overall and a GT class podium at the 1959 24 Hours of Le Mans. Equipped with the competition-specification Type 128 F engine and numerous other racing features, this California Spider is arguably the most significant example in existence. The intense bidding competition between a telephone bidder and an in-room participant culminated in a final price of $9,465,000, making it the most valuable car ever sold by Broad Arrow.
Supercar Spectacle: A Diverse Array of Automotive Excellence: Beyond the Ferrari’s triumph, the Amelia Auction showcased a diverse array of automotive excellence, featuring stand-out supercars from across the last 50 years. A 1971 Lamborghini Miura P400 SV, finished in Arancia Orange, garnered significant attention and achieved a final price of $4,460,000, the second highest price ever paid for a Miura at auction. A 2018 Pagani Huayra Roadster also achieved a strong result, selling for $3,415,000. The top 10 sales included post-war sports and racing legends, as well as a Classic-Era 1935 Auburn 851 Super-Charged “Boattail” Speedster, which fetched $1,011,500.
Porsche Power: Continued Market Strength and Upcoming Auction: The auction also demonstrated the continued strength of the Porsche market, with a 2015 Porsche 918 Spyder selling for $2,315,000 and numerous exceptional 911s achieving strong individual prices. This success sets the stage for Broad Arrow’s upcoming Porsche Air|Water Auction, scheduled for April 26th in Costa Mesa, California. The auction house will also host a Spring Memorabilia Online Auction, featuring desirable motorsport memorabilia, and the Concorso d’Eleganza Villa d’Este Auctions.
A Milestone Moment: Broad Arrow’s Amelia Auction Redefines Success: Broad Arrow’s 2025 Amelia Auction has set a new benchmark for success, demonstrating the auction house’s ability to attract top-tier collectors and achieve exceptional results. The record-breaking sales and high attendance underscore the enduring appeal of classic and collectible automobiles.
Summary:
- Broad Arrow’s Amelia Auction achieves $61.7 million in total sales, 88% sell-through rate.
- 1959 Ferrari 250 GT LWB California Spider Competizione tops the sale at $9,465,000.
- 1971 Lamborghini Miura P400 SV sells for $4,460,000, second highest Miura sale at auction.
- 2018 Pagani Huayra Roadster achieves $3,415,000.
- Record-high bidder registration, 22% increase over 2024.
- Upcoming auctions include Porsche Air|Water and Spring Memorabilia Online.
Disclaimer: Sales results and figures are based on auction data provided. All prices include buyer’s premium. Vehicle values and market trends are subject to change. Prospective buyers are encouraged to conduct their own research.
Source: Broad Arrow Auctions
This article was crafted with assistance from Gemini
