Ferrari 250 GT Stuns in Record-Setting Bidding Wars
Ferrari 250 GT Stuns in Record-Setting Bidding WarsCourtesy of Andrew Miterko

Broad Arrow’s Amelia Auction Races to $61.7 Million, Setting Records and Enthralling Collectors

A 1959 Ferrari 250 GT California Spider Leads the Sale, While Supercars and Classics Dominate the Bidding Wars

The unmistakable hum of high-octane luxury filled the air at the 2025 Amelia Auction, where Broad Arrow Auctions—the official auction house of The Amelia Concours d’Elegance—delivered a thrilling weekend of record-breaking sales, prestige automotive history, and electrifying bidding wars. Held at the Ritz-Carlton Amelia Island, the auction achieved a staggering $61.7 million in total sales, with an impressive 88% sell-through rate.

From Ferrari legends to modern hypercar unicorns, Broad Arrow’s third annual Amelia Auction cemented itself as one of the year’s most significant collector car sales.

The Ferrari That Stole the Show

Sitting atop the podium was none other than the 1959 Ferrari 250 GT LWB California Spider Competizione—a rare, Ferrari Classiche-certified masterpiece that fetched an astounding $9,465,000. This aluminum-bodied beauty, one of only eight ever produced, boasts an impressive racing pedigree, including a GT class podium finish at the 1959 24 Hours of Le Mans. The car sparked an intense duel between bidders, with the final hammer falling in favor of a telephone bidder, making it the most valuable Ferrari ever sold by Broad Arrow.

“This marks a historic sale for Broad Arrow and underscores the enduring appeal of the California Spider. The enthusiasm from bidders—both in the room and online—speaks volumes about the strength of today’s collector car market.”

Barney Ruprecht, Senior Car Specialist and Vice-President of Auctions for Broad Arrow

The Million-Dollar Club: Top 10 Sales

Beyond the Ferrari California Spider, the auction showcased a lineup of high-performance icons and rare collector classics that commanded seven-figure price tags:

  1. 1959 Ferrari 250 GT LWB California Spider Competizione$9,465,000

  2. 1971 Lamborghini Miura P400 SV$4,460,000

  3. 1954 Jaguar D-Type "OKV 2" Works Competition$4,295,000

  4. 1990 Ferrari F40$3,665,000

  5. 2018 Pagani Huayra Roadster$3,415,000

  6. 2015 Porsche 918 Spyder$2,315,000

  7. 1958 BMW 507 Series II Roadster$2,122,500

  8. 1964 Shelby 289 Cobra$1,242,500

  9. 1935 Auburn 851 Super-Charged "Boattail" Speedster$1,011,500

  10. 2019 Lamborghini Aventador SVJ 63$967,500

A Weekend of High Energy and High Stakes

From Friday, March 7 to Saturday, March 8, the auction drew record-breaking bidder registration, with a 22% increase over last year’s event. 60% of bidders attended in person, while thousands more tuned in via Broad Arrow’s YouTube channel, Hagerty’s Samsung TV Plus, and Tubi’s newly launched streaming channels.

Auctioneer Lydia Fenet orchestrated the live bidding battles with her signature dynamism, as over 15,000 viewers watched history unfold. The buzz extended well beyond the ballroom, as collectors and enthusiasts lined the oceanfront lawn for an up-close look at some of the world’s rarest and most desirable cars.

Online and In-Person Bidders Ignite Auction Energy
Online and In-Person Bidders Ignite Auction Energy at the 2025 Amelia AuctionCourtesy of Andrew Miterko

The Porsche Market Remains a Powerhouse

As anticipation builds for Broad Arrow’s Porsche Air|Water Auction next month in California, the Amelia Auction delivered strong Porsche results, reaffirming the brand’s desirability among collectors. The standout was a 2015 Porsche 918 Spyder, which sold for $2,315,000, while rare 911 models continued to command premium prices.

Looking Ahead: More Auctions, More Icons

Following its Amelia success, Broad Arrow Auctions gears up for an action-packed calendar. The next event—the Spring Memorabilia Online Auction—will feature coveted Formula One memorabilia, including race-worn helmets from legends like Mika Häkkinen, Jean Alesi, and Charles Leclerc.

Then, on April 26, Broad Arrow will host its second annual Porsche Air|Water Auction in partnership with Luftgekühlt at the Orange County Fairgrounds. This one-day Porsche-exclusive sale promises an exceptional lineup of 50 sought-after Porsches and exclusive automobilia.

As Broad Arrow continues its 2025 auction tour, one thing is clear: the collector car market remains as electrifying as ever, with legendary cars commanding legendary prices.

Related Stories

No stories found.
Resident Magazine
resident.com