Latest news with #BarneyRuprecht
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.
