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2022 Broad Arrow Monterey Sale (Auction Results)

13 September 2022 in California, Monterey, Monterey Week Auctions, USA

A 1957 Ferrari 250 GTB LWB and a record 1995 Ferrari F50 were the top results at the Broad Arrow Monterey 2022 sale.

1995 Ferrari F50 record result at Broad Arrow Monterey 2022
Josh Sweeney © 2022 Courtesy of Broad Arrow Auctions

The top result at the Broad Arrow Auctions inaugural Monterey 2022 sale was $5,500,000 paid for a 1957 Ferrari 250 GT LWB Berlinetta Scaglietti “Tour de France”. It was followed by a 1995 Ferrari F50 sold for $5,175,000 — one of 14 new world record prices set by Broad Arrow at Monterey. 15 cars sold for over $1 million.

Broad Arrow Auctions Monterey Sale 2022

Broad Arrow Auctions, a Hagerty company, held its first classic car auction during the Monterey Motor Week on 18 August 2022 at the Monterey Jet Center. It earned a remarkable $55,256,900 with 88 percent of all 93 lots on offer sold.

The auction was held in conjunction with Hagerty’s reimagined Motorlux event (formerly McCall’s Motorworks Revival).

Top Results at Broad Arrow Monterey Auction 2022

1957 Ferrari 250 GT LWB Berlinetta top results at Broad Arrow Monterey 2022
Peter Harholdt © 2022 Courtesy of Broad Arrow Auctions

Broad Arrow Auctions sold the following 15 cars for more than a million dollars at the Monterey 2022 sale:

YearCarPrice ($)
11957Ferrari 250 GT5,500,000
21995Ferrari F505,175,000
32015Ferrari LaFerrari3,910,000
41971Mercedes-Benz 600 LWB Landaulet2,590,000
51964Aston Martin DB52,425,000
61990Ferrari F401,985,000
72015Porsche 918 Spyder1,930,000
81987Porsche 9591,875,000
92005Porsche Carrera GT1,765,000
101969Lamborghini Miura1,650,000
111956Mercedes-Benz 300 SL1,627,500
122012Lexus LFA1,600,000
131991Jaguar XJR-151,380,000
141957Bentley S1 Continental1,215,000
151930Duesenberg Model J1,000,000

Million-Dollar Results at Broad Arrow Monterey 2022 Auction

Broad Arrow Monterey 2022
Josh Sweeney © 2022 Courtesy of Broad Arrow Auctions

The top result at the Broad Arrow Auctions Monterey 2022 sale was $5,500,000 paid for a 1957 Ferrari 250 GT LWB Berlinetta Scaglietti “Tour de France”. The sale of this classic Ferrari was concluded immediately after the auction and included in published results

The top result during the auction was even more spectacular — it increased the world-record price for a 1995 Ferrari F50 to $5,175,000. This three-owner, 5,000-mile, Classiche-certified set the new model record and was over half a million dollars higher than the result for an F50 at Gooding Pebble Beach 2022. The Ferrari F50 led the charge for a total of 14 new world record prices set by Broad Arrow at Monterey 2022.

Further Ferrari results included a 2015 Ferrari LaFerrari, offered from The Halo Car Collection in “as-new” condition at $3,910,000 and a well-preserved, Ferrari Classiche-certified 1990 Ferrari F40 at $1,985,000.

Three Porsche supercars also sold well: a 2015 Porsche 918 Spyder Weissach Package achieved $1,930,000, a 1987 Porsche 959 sold for $1,875,000, while a 2005 Porsche Carrera GT went for $1,765,000 — about a million dollar more than the same model tended to achieve as recent as two years ago.

A meticulously prepared 1964 Aston Martin DB5 offered from the Estate of Sir Sean Connery sold for $2,425,000, with a significant portion of proceeds to benefit the Sean  Connery Philanthropy Fund. A personal drive with Sir Jackie Stewart was included as part of the purchase.

1971 Mercedes-Benz 600 LWB Landaulet top results at Broad Arrow Monterey 2022
Ryan Merrill © 2022 Courtesy of Broad Arrow Auctions

A 1971 Mercedes-Benz 600 LWB Landaulet, one of just 26 six-door 600 Pullman landaulets built between 1963 and 1981, brought an auction record of $2,590,000. The car was originally used by Mobutu Sese Seko — the odious dictator of Zaire.

A 1981 BMW M1 achieved $692,500, yet another new record price at auction for a road model.

Monterey Week 2022 Classic Car Auctions

Top classic car auctioneers with sales during Monterey Week 2022 include Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, Broad Arrow, and Mecum.

Monterey Week 2022 Auction Results:

  • Bonhams
  • Broad Arrow
  • Gooding
  • Mecum
  • RM Sotheby’s

Monterey Week 2022 Auction Previews:

  • Top Porsche Racing Cars

Monterey Week 2022 Pre-Auction Announcements

  • Bonhams: 1938 Bugatti Type 57C Atalante
  • Bonhams: 1963 Jaguar E-Type Lightweight Competition (ex-Brigg Cunningham)
  • Gooding: Top Bugattis (incl: Type 57SC Atalante & Type 35 Grand Prix)
  • Gooding: Top Ferraris — classics and modern supercars
  • Gooding: Top British Cars (incl: Bentley Blower and Eight Litre Sports Tourer)
  • Gooding: Wonder Collection including 1999 Ferrari 333 SP
  • Gooding: 1930s Classics from the Vincent Estate
  • Mecum: Ferrari Prototypes and Marmon Classics
  • RM Sotheby’s: 1955 Ferrari 410 Sport Spider by Scaglietti
  • RM Sotheby’s: Schumacher 1998 Ferrari F300
  • RM Sotheby’s: Masterworks of Design Collection (1924 Hispano-Suiza H6C “Tulipwood” Torpedo, 1937 Mercedes-Benz 540 K Special Roadster)
  • RM Sotheby’s: 1955 Mercedes-Benz 300 SL Alloy Gullwing
  • RM Sotheby’s: 1966 Ferrari 275 GTB/C
  • RM Sotheby’s: The Oscar Davis Collection of 27 vehicles valued at $100 million

Previous Monterey Week Auction Results

  • Monterey Week auction results — 2013 to 2021
« 2022 RM Sotheby’s Monterey Sale (Auction Results)
2022 Gooding London Sale (Auction Results) »
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Classic Car Auctions

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