Latest news with #AmeliaAuction
Yahoo
11-03-2025
- Automotive
- Yahoo
Broad Arrow's Amelia Auction Triumphs with Record $61.7 Million Sales
⚡️ Read the full article on Motorious Broad Arrow Auctions, a division of Hagerty, celebrated substantial success at its third annual Amelia Auction, held in conjunction with The Amelia Concours d'Elegance on March 7-8, 2025. The event garnered a staggering $61.7 million in total sales, with a robust 88% of all lots finding new owners. Hosted at the picturesque Ritz-Carlton Amelia Island, the auction attracted a large crowd, filling the venue to capacity and creating an electrifying atmosphere. Lydia Fenet, Broad Arrow's Principal Auctioneer, led the event, which saw intense bidding both on-site and via digital platforms. Notably, bidder registration increased by 22% compared to the 2024 event, with 60% of participants present in person. Additionally, the auction drew over 15,000 viewers on Broad Arrow's YouTube channel and reached millions more through Hagerty's digital platforms on Samsung TV Plus and Tubi. The highlight of the auction was the sale of a 1959 Ferrari 250 GT LWB California Spider Competizione, chassis number 1451 GT. This historically significant vehicle, which finished fifth overall and claimed a GT class podium at the 1959 24 Hours of Le Mans, sold for an impressive $9,465,000. This sale not only marked a record for Broad Arrow but also underscored the car's rarity and esteemed competition history. Other notable sales included a 1971 Lamborghini Miura P400 SV that fetched $4,460,000 and a 1954 Jaguar D-Type "OKV 2" Works Competition, which went for $4,295,000. The auction also featured a 2018 Pagani Huayra Roadster that sold for $3,415,000 and a 1990 Ferrari F40 that brought in $3,665,000. Barney Ruprecht, Senior Car Specialist and Vice-President of Auctions for Broad Arrow, expressed satisfaction with the event's outcome, noting the spirited bidding and high-quality offerings. He highlighted the continued strength of the Porsche market and the success of other categories, indicating a healthy interest across various segments of the classic car market. As Broad Arrow looks forward to its next engagements, the auction house remains a significant player in the global collector car arena, setting trends and breaking records in the industry.
Yahoo
06-03-2025
- Automotive
- Yahoo
Rare Ferrari 250 GT California Spider to Headline Broad Arrow's Amelia Auction
⚡️ Read the full article on Motorious A highly coveted 1959 Ferrari 250 GT LWB California Spider Competizione is set to command attention at Broad Arrow Auctions' upcoming Amelia Auction, scheduled for March 7-8 at the Ritz-Carlton Amelia Island. Estimated to fetch between $10 million and $14 million, the race-bred classic is regarded as one of the most significant examples of its kind. Broad Arrow, a subsidiary of Hagerty (NYSE: HGTY), recently released a video showcasing the historic Ferrari in action, featuring Barney Ruprecht, the company's Senior Car Specialist and Vice-President of Auctions. The video provides a firsthand look at the car's performance capabilities and its unique competition-focused upgrades, including an aluminum body, stiffer suspension, and a 36-gallon long-range fuel tank. 'This is one of only 10 Competizione variants built, with every detail optimized for racing,' Ruprecht said in the video. 'From the moment you start it, the experience is dominated by the engine—it's a completely different beast compared to a standard California Spider.' Chassis no. 1451 GT has a storied past, having placed fifth overall at the 1959 24 Hours of Le Mans under the ownership of American privateer Bob Grossman. The car continued its racing career in the United States before eventually becoming a prized collector's piece. Presented in its original silver metallic Le Mans livery, the Ferrari comes with Ferrari Classiche certification and has made multiple appearances at the prestigious Pebble Beach Concours d'Elegance. The California Spider leads an impressive lineup at the Amelia Auction, where 166 collector cars will be offered, alongside two tractors and a child's go-kart. Other highlights include a 1954 Jaguar D-Type Works Competition car, a 1990 Ferrari F40, and a 2015 Porsche 918 Spyder. With many vehicles offered without reserve, Broad Arrow's Amelia Auction is expected to be one of the most anticipated collector car events of the year.
Yahoo
04-03-2025
- Automotive
- Yahoo
2008 Bugatti Veyron 16.4, a Revolutionary Supercar, Heads to Auction at Amelia Island
⚡️ Read the full article on Motorious Broad Arrow Auctions, a Hagerty company, will offer a remarkable 2008 Bugatti Veyron 16.4 at its annual Amelia Auction on March 7-8, 2025, at The Ritz-Carlton Amelia Island. The supercar, estimated between $1.8 million and $2.0 million, stands as a milestone in automotive history with its record-breaking performance and revolutionary engineering. The Veyron 16.4, first introduced at the 2005 Tokyo Motor Show, redefined the limits of production automobiles. It features a titanic 8.0-liter W16 engine delivering 987 horsepower and 922 pound-feet of torque. Capable of reaching a top speed of 253 miles per hour and accelerating from 0 to 60 mph in just 2.47 seconds, the Veyron exemplifies the relentless pursuit of performance. Four turbochargers and a complex assembly process, performed by a dedicated team of specialists, underpin its exceptional power output. The vehicle's advanced design includes a permanent Haldex all-wheel-drive system, a seven-speed dual-clutch transmission, and an elaborate braking system featuring 15.7-inch front and 15-inch rear carbon-ceramic disc brakes. An additional rear air brake enhances deceleration, capable of stopping the car from 60 mph in just 2.2 seconds. Among the exclusive 252 Veyron 16.4 coupes produced, only 76 were built to U.S. market specifications. The offered example, finished in an elegant Black and White with cream leather interior accented in black piping and carpeting, has a recorded mileage of just 3,756. With a complete provenance including full service history, climate-controlled storage, and a CARFAX report verifying its original titling through Nevada, Delaware, and Pennsylvania, the car remains in near-new condition. This Bugatti Veyron 16.4, meticulously cared for by collector owners since its release, is a rare opportunity for enthusiasts to acquire a piece of automotive history that forever transformed the supercar landscape.
Yahoo
30-01-2025
- Automotive
- Yahoo
Historic 1954 Jaguar D-Type ‘OKV 2' to be Auctioned Without Reserve at 2025 Amelia Auction
⚡️ Read the full article on Motorious One of the most significant sports racing cars in history, the 1954 Jaguar D-Type 'OKV 2', is set to headline Broad Arrow's 2025 Amelia Auction on March 7-8, where it will be offered without reserve. With an estimated value between $6.5 million and $8.5 million, this legendary Jaguar was a pioneering force in motorsport, shaping the future of endurance racing. This particular D-Type, chassis XKD 403, was among the first three factory-built D-Types created for Jaguar's 1954 Le Mans assault. Piloted by legendary drivers Stirling Moss and Peter Walker, 'OKV 2' set the fastest practice lap and a record top speed of 172.97 mph down the Mulsanne Straight at Le Mans. Though it retired due to brake issues, the car continued competing at top-level European races from 1954 to 1958, making it one of the most extensively raced Works D-Types. After its initial factory racing career, 'OKV 2' was sold in 1955 and continued its success under Bob Berry with podium finishes at Goodwood and Aintree. Over the following decades, the car passed through several esteemed collectors before undergoing restoration by Lynx Engineering in the 1970s. In the 1990s, Jaguar historian Terry Larson acquired it and drove it in prestigious events such as the Goodwood Revival, Colorado Grand, and California Mille. In a special moment, Jaguar test driver Norman Dewis was reunited with 'OKV 2' at the Monterey Historics—his first time behind the wheel of the car in 45 years. Today, 'OKV 2' is not just a historic racer but a meticulously documented, race-proven machine that still competes in historic motorsport events worldwide. Now, after 15 years in a private collection, it heads to auction at The Amelia, where one lucky bidder will claim a piece of Jaguar's Le Mans-winning legacy. For details on bidding, visit or contact Broad Arrow's specialists at +1 313 312 0780.
Yahoo
29-01-2025
- Automotive
- Yahoo
Iconic 1954 Jaguar D-Type ‘OKV 2' to Headline Broad Arrow's Amelia Auction
⚡️ Read the full article on Motorious Broad Arrow Auctions, a Hagerty company, is set to showcase one of the most significant sports racing cars ever built, the 1954 Jaguar D-Type Works Competition Car 'OKV 2,' at its 2025 Amelia Auction. This masterpiece of automotive history, with chassis number XKD 403, is expected to fetch between $6.5 million and $8.5 million when it crosses the block without reserve on March 7–8 at the Ritz-Carlton Amelia Island. 'OKV 2' holds an extraordinary place in motorsport history. Built as the team lead for Jaguar's ambitious 1954 24 Hours of Le Mans campaign, this D-Type was piloted by legendary drivers Stirling Moss and Peter Walker. It stunned the racing world by achieving a record top speed of 172.97 mph down the Mulsanne Straight and setting the fastest time during practice. Though brake issues cut its Le Mans race short, 'OKV 2' continued to compete in high-profile European races through 1958, earning the distinction of being one of the most raced Works D-Types. The Jaguar D-Type revolutionized sports car engineering with its lightweight, aircraft-inspired monocoque construction and aerodynamic design. The innovations contributed to Jaguar's hat trick of Le Mans victories in the mid-1950s, securing the model's legendary status. Following its Works career, 'OKV 2' passed into private ownership and continued racing under Jaguar PR man Bob Berry. After a series of successful seasons, it eventually entered a restoration phase with Lynx Engineering in the late 1970s. Since then, the car has been meticulously preserved and has appeared in prestigious historic racing events, including the Goodwood Revival and Le Mans Classic. Broad Arrow's 2025 Amelia Auction will also feature other automotive icons, including a 1959 Ferrari 250 GT LWB California Spider Competizione and a 1975 Lancia Stratos HF Stradale. With its storied history, iconic design, and racing pedigree, 'OKV 2' is poised to be the crown jewel of the auction.
