Broad Arrow, a Hagerty Company, returned to California’s Monterey Peninsula this past week for its fourth annual Monterey Jet Center Auction. Beginning on Wednesday, in conjunction with the sold out Motorlux event, the salesroom was packed and buzzing with excitement as cars made their way down the immersive runway style auction block. The energy of day one carried into day two as Broad Arrow auctioneers Lydia Fenet and Thomas Forrester fielded bids culminating in over $57.4M in total sales with 80 percent of all lots sold.
Multiple world record prices were achieved at the sale with the 2005 Maserati MC12 Stradale commanding $5,202,500, becoming the most valuable modern Maserati sold at auction.
Making note of the generational rotation of the collector car market, Broad Arrow continues to develop its passion and focus on modern collectibles, leading to great results among the large selection of Japanese collector cars and modern performance cars alike.
Broad Arrow would like to thank all of the consignors, bidders, and guests who joined us for the Monterey Jet Center Auction and we look forward to seeing you again on the road ahead at one of our upcoming events.
Top 10 Results
Additional Highlights
Report by broadarrowauctions.com
