BROAD ARROW ACHIEVES NUMEROUS WORLD RECORD PRICES AT 2025 MONTEREY JET CENTER AUCTION

Rhea-AI Summary

Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, achieved remarkable success at its 2025 Monterey Jet Center auction, generating $57.4 million in total sales with an 80% sell-through rate. The auction set eight world record prices, headlined by a 2005 Maserati MC12 Stradale selling for $5.2 million - the highest price ever for a modern Maserati at auction.

The event saw the highest bidder registration in Broad Arrow's history, with a 20% increase from 2024. Notable record sales included a 2008 Koenigsegg CCXR at $3.2 million, a 1980 BMW M1 Procar at $1.6 million, and strong performances in Japanese collector cars. The auction demonstrated particular strength in modern collectibles, reflecting a generational shift in the collector car market.

Positive

• Record-breaking total sales of $57.4 million with 80% sell-through rate
• Eight new world record prices set across multiple marques
• 20% increase in bidder registration compared to 2024
• Strong performance in modern collectibles and Japanese collector cars
• Extensive multi-platform reach with 16,000+ live viewers and millions via streaming

Negative

• Two top 10 lots (Ferrari F40 and DBZ Centenary Collection) sold after auction, indicating possible pricing challenges

News Market Reaction

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On the day this news was published, HGTY declined 0.45%, reflecting a mild negative market reaction.

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AUCTION LED BY MASERATI MC12 STRADALE AT $5.2 MILLION—THE MOST VALUABLE MODERN MASERATI SOLD AT AUCTION | ADDITIONAL RECORDS SET AS MODERN COLLECTIBLES HIGHLIGHT TWO-DAY SALE | VIEW COMPLETE RESULTS AT BROADARROWAUCTIONS.COM

Grosse Pointe, Michigan, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, saw no less than eight new record auction prices set at its annual flagship Monterey Jet Center sale, held August 13-14 in conjunction with Motorlux, the sold-out official kick-off to Monterey Car Week. The auction achieved $57.4 million in total sales with 80 percent of all lots sold. Bidder registration was the highest for any Broad Arrow auction to date, with an increase of more than 20 percent over the company’s Monterey Jet Center Auction in 2024. Over 16,000 enthusiasts also tuned into the auction live on Broad Arrow’s YouTube channel, alongside millions who watched via Hagerty’s FAST Channel lineup on Samsung TV Plus, Tubi, Amazon Fire TV, and Alexa devices. 

A well-attended preview translated to an electric atmosphere on Wednesday evening during the Motorlux festivities, with spirited bidding in the room and across all remote platforms. Broad Arrow auctioneers Lydia Fenet and Thomas Forrester expertly conducted the sale on both evenings with their individual unique styles and presence, resulting in at least eight record auction prices across multiple marques and models. The records were led by the top-seller of the auction, a 2005 Maserati MC12 Stradale, at a final $5,202,500. As soon as Fenet opened the lot for bidding, a back-and-forth competition ignited between multiple bidders in the room and on the phone. Eventually selling to a bidder in the room, the price is a record for the MC12 model at auction (smashing the previous record of $3,800,000) and makes the car the most valuable modern Maserati ever sold at auction.

“Our 2025 Monterey Jet Center Auction was another strong sale for Broad Arrow,” said Barney Ruprecht, Senior Car Specialist and Vice-President of Auctions for Broad Arrow. “Collectors and industry insiders took notice of the quality and relevance of the cars on offer, which translated to stand out prices across today’s most in-demand categories. Results reflect the particular and continuing strength of modern collectibles, as we witness the generational rotation of the collector car market. Our passion for and focus on this segment continue to grow—a market we have been pioneering in the industry since Broad Arrow’s inception.”

Additional record-setting sales across the two-day auction include:

• ⁠The 2008 Koenigsegg CCXR, one of just 11 built and only three examples in the U.S., set a new record for the model at $3,222,500. This quadruples the previous price paid for the same car in 2015. 
• Remaining in virtually as-new, unraced condition, the 1980 BMW M1 Procar set a new record for the M1 model at $1,600,000.
• The 2009 Mercedes-Benz SLR McLaren Prototype "Stealth", the final SLR Roadster ever produced, set a new auction record for any non-Stirling Moss Edition SLR at $1,022,500.
• Bidders couldn’t put their hands up fast enough for the 2011 Hennessey Venom GT, one of just 13 examples built. Bidding accelerated quickly between multiple parties in the room, on the phones, and over the internet, with the car eventually selling for $588,000, a new record for a non-charity offering of the model at auction.
• Broad Arrow saw exceptional interest in The American Performance Collection, which featured six extensively optioned, limited-edition modern Dodge and Chevrolet performance icons. The group was led by a pair of track-capable, bespoke Vipers, which both set new records for their individual models. The 2017 Dodge Viper GTC ACR Extreme Aero Package sold for $406,500, while the 2017 Dodge Viper ACR Extreme Aero Package sold for $357,000.
• The highly original, 762-mile, six-speed gated manual 1997 Ferrari F355 Spider set a record for the model at $337,750.

Broad Arrow also offered its largest selection of Japanese collector cars to date at the 2025 Monterey Jet Center Auction. Generating significant pre-sale interest and attention, stand out results for JDM and other Japanese collectibles at the sale include the exceedingly rare, Omori-factory restored 1999 Nissan Skyline CRS GT-R V-Spec by NISMO, which sold for a final $692,500, the holy grail of high-performance Subarus, a 1998 Subaru Impreza 22B STi, at $235,200, and a 1995 Toyota Supra RZ, the final lot of the entire auction, which exceeded pre-sale estimate at a final $80,640 (Estimate: $40,000 - $70,000).

The top 10 cars sold at Broad Arrow’s 2025 Monterey Jet Center Auction are indicative of the market’s demand for modern collectibles. However, exceptional pre- and post-war staples also found new homes at strong prices. Highlights include an iconic, matching-numbers 1967 Ferrari 275 GTB/4 at $2,562,500, a superb, matching-numbers 1963 Ferrari 250 GT Berlinetta Lusso formerly owned by David Letterman at $1,622,500, a timeless, matching-numbers 1955 Mercedes-Benz 300 SL Gullwing Coupe at $1,902,500, and a 1962 Shelby 260 Cobra, CSX 2003, one of just five early prototypes, at $1,545,000, all falling within pre-sale estimated prices. Beyond the top 10, a rare and award-winning 1966 Lamborghini 400 GT “Interim” exceeded expectations at a final $637,500 (Estimate: $450,000 - $550,000), a beautifully restored, right-hand-drive 1935 Auburn 851 Super-Charged "Boattail" Speedster achieved a final $654,000, and a selection of cars offered from The Tom and JoAnn Martindale Collection were hotly contested, highlighted by an exceedingly rare 1921 Paige 6-66 Daytona Speedster at a final $162,400 (Estimate: $90,000-$125,000).

Broad Arrow Auctions Monterey Jet Center 2025 - Top 10 Sales

Lot 141	2005 Maserati MC12 Stradale	$5,202,500
Lot 253	1991 Ferrari F40	SOLD AFTER AUCTION
Lot 120	2008 Koenigsegg CCXR	$3,222,500
Lot 132	1991 Porsche 911 Reimagined by Singer DLS	$2,645,000
Lot 285	1967 Ferrari 275 GTB/4	$2,562,500
Lot 290	DBZ Centenary Collection	SOLD AFTER AUCTION
Lot 228	1955 Mercedes-Benz 300 SL Gullwing	$1,902,500
Lot 240	1963 Ferrari 250 GT Berlinetta Lusso	$1,622,000
Lot 276	1980 BMW M1 Procar	$1,600,000
Lot 218	1962 Shelby 260 Cobra	$1,545,000

Complete results from Broad Arrow’s 2025 Monterey Jet Center Auction are available at broadarrowauctions.com. Broad Arrow continues its online auction series this fall with an outstanding UK-based sale of motorsport collectibles. The online auction is open for bidding from September 26 to October 5 and features iconic helmets used by well-known Formula One drivers, including Jenson Button, Martin Brundle, Gerhard Berger, Ralf Schumacher, Eddie Irvine, and more.

Broad Arrow’s fall auction schedule comprises three new auctions for 2025, including the inaugural Zoute Concours Auction, set for October 10 in Knokke-Heist, Belgium in collaboration with Zoute Grand Prix Car Week, the debut Las Vegas Auction, set for October 31 in partnership with the Concours at Wynn Las Vegas, and the Zürich Auction, to be held November 1 at the famous Dolder Grand hotel, in partnership with Auto Zürich, one of the most successful motor shows in Europe. Additional information on all upcoming auctions, including for interested consignors, is available at broadarrowauctions.com.

NOTE: All prices are listed in USD and include buyer’s premium, which is equal to the sum of twelve percent (12%) of the first $250,000 of the Hammer Price and ten percent (10%) of the amount by which the Hammer Price exceeds $250,000 for all motor car lots.  For non-motor car lots, Buyer’s Premium is equal to twenty-five (25) percent of the Hammer Price. Results include select transactions that occurred immediately following the close of the auction.

Editor’s Notes 

Photo Captions and Credit – All images by Andrew Miterko / Courtesy of Broad Arrow Auctions.

About Broad Arrow Auctions
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Broad Arrow now expands its global auction footprint with three new auctions in 2025 to be held during Zoute Grand Prix, Concours at Wynn Las Vegas, and Auto Zürich. Learn more at broadarrowauctions.com and follow us on Instagram, Facebook, LinkedIn, and Twitter. 

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn. 

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Attachments

• The top-selling and record-setting 2005 Maserati MC12 Stradale on Broad Arrow's signature runway block at the company's 2025 Monterey Jet Center Auction.
• The record-setting 2008 Koenigsegg CCXR at Broad Arrow's 2025 Monterey Jet Center Auction.

Ian Kelleher
Broad Arrow Auctions
917-971-4008
ikelleher@hagerty.com

Meghan McGrail
Broad Arrow Auctions
519-365-8750
mmcgrail@hagerty.com

FAQ

What was the highest selling car at Hagerty's 2025 Monterey Jet Center auction?

The 2005 Maserati MC12 Stradale was the top seller at $5.2 million, setting a new record as the most valuable modern Maserati ever sold at auction.

How much did the 2008 Koenigsegg CCXR sell for at the 2025 Broad Arrow auction?

The 2008 Koenigsegg CCXR sold for $3,222,500, setting a new record for the model and quadrupling its previous sale price from 2015.

What was the total sales amount for Broad Arrow's 2025 Monterey Jet Center auction?

The auction achieved total sales of $57.4 million with an 80% sell-through rate of all lots.

How did Japanese collector cars perform at the 2025 Monterey Jet Center auction?

Japanese collector cars performed strongly, with notable sales including a 1999 Nissan Skyline GT-R V-Spec by NISMO at $692,500, a 1998 Subaru Impreza 22B STi at $235,200, and a 1995 Toyota Supra RZ at $80,640.

What records were set for Dodge Viper models at the 2025 Broad Arrow auction?

Two Vipers set model records: a 2017 Dodge Viper GTC ACR Extreme Aero Package at $406,500 and a 2017 Dodge Viper ACR Extreme Aero Package at $357,000.