A 1967 Ferrari 412P sold for $30 million to top the results at the Bonhams Quail Lodge 2023 sale during Monterey / Pebble Beach week.
Although Bonhams sold only seven cars for over a million dollars at the Quail Lodge 2023 sale, these results included $30,255,000 for the 1967 Ferrari 412P — the most expensive car sold during Monterey / Pebble Beach motor week 2023 in California. The second highest result was $2,040,000 to set a new model record for a 1966 Porsche 906. A 1909 Lorraine-Dietrich 16.4-Litre Grand Prix Two-Seater sold for $1,270,00 — double its presale estimate. Bonhams earned $51 million from 109 lots offered.
Bonhams Quail Lodge 2023 Sale
Bonhams: 26th Quail Lodge Sale in Carmel during the annual Pebble Beach / Monterey Motor Week on 18 August 2023 in California, USA. Recent Bonhams Quail Lodge earnings:
|Year||Earnings $||Lots / Sell-Through %|
|2023||$51 million||109 cars|
|2022||$27.8 million||137 cars, 88%|
|2021||$36,877,800||139 cars, 89%|
|2020||$13 million||63% (online only)|
|2019||$32 million||217 cars, 76%|
|2018||$37.7 million||135 cars, 82%|
|2017||$56,430,000||105 cars, 80%|
Million-Dollar Results at Bonhams Quail Lodge 2023 Sale
The following seven cars sold for over a million dollars each at the Bonhams Quail Lodge 2023 classic car auction during the annual Monterey / Pebble Beach car week in California, USA:
|1||1967||Ferrari 412P Berlinetta||30,255,000|
|3||1949||Talbot-Lago T26 Grand Sport Coupe||2,040,000|
|4||1909||Lorraine-Dietrich 16.4-Liter Grand Prix Two Seater||1,270,000|
|5||1958||Ferrari 250 GT Coupe||1,193,000|
|6||1959||Mercedes-Benz 300 SL Roadster||1,187,500|
|7||1932||Duesenberg Model J Sweep Panel Dual-Cowl Phaeton||1,127,000|
Most Expensive Car at Monterey 2023 Auctions
The top result in the Bonhams Quail Auction 2023 auction was $30,255,000 paid for the rare 1967 Ferrari 412P Berlinetta making it the fourth most valuable Ferrari ever sold at auction. It is also the most expensive car sold at any Monterey 2023 auction and the most expensive car sold thus far in 2023. It is the fifth most expensive car ever sold at public auction and also only the fifth car sold for over $30 million and the 16th sold for over $20 million. It is the second most expensive car result ever for Bonhams, after the 1962/3 Ferrari 250 GTO that sold for $38,115,000 at the Bonhams Quail Lodge 2014.
This exceptional car is unparalleled in its rarity, as it’s just one of two 412Ps constructed. The subject of an exhaustive nine-year restoration, this endeavor not only revitalized the car to its original glory but also rendered it fit for the open road. Its current finish also honors the rich racing history that began with Colonel Ronnie Hoare and his British Ferrari agency, Maranello Concessionaires Ltd., and extended to competing in the FIA World Championship of Makes, seeing it race at the Le Mans 24-Hours, Belgian Spa 1,000 Kilometres and in its home country at the BOAC 500 at Brands Hatch.
Other Top Results at Bonhams Quail Lodge 2023
Further highlights at the Bonhams Quail Lodge 2023 classic car auction included:
The 1966 Porsche 906 ‘Carrera Six’ Two-Seat Endurance Racing Coupe achieved over $2 million to set a new model record for a Porsche 906. This highly original matching-numbers example was driven by Shintaro Taki, Kenjiro Tanaka, Mashiro Hasemi, and Peter Bellamy and achieved multiple endurance race wins, including Suzuka 1,000 Kilometres in 1967 and 1969, and Suzuka 500 Kilometres in 1968.
A 1909 Lorraine-Dietrich 16.4-Litre Grand Prix Two-Seater garnered applause as the 114-year-old racing machine drove up the auction block and showcased its impeccable craftsmanship and enduring performance. The crowd then enjoyed a tense 15-minute bidding back-and-forth to eventually achieve two times its low estimate at $1.27 million.
A 1949 Talbot-Lago T26 Grand Sport Cabriolet, distinguished by its unique Dubos coachwork design, and is one of only 3 short chassis Talbot-Lago T26 Grand Sport Cabriolets to survive, achieved over $2 million.
A 1957 AC Ace Bristol Le Mans Roadster found a new owner for the first time in 60 years for a price of $764,000. This storied sports car was originally built as an AC Works demonstrator, it was transformed by Ken Rudd into an AC Bristol factory entry for the 1957 Le Mans 24-Hour race where it finished 2nd in class and 10th overall.
Monterey Week 2023 Classic Car Auctions
Monterey Week 2023 Auction Results
- Top Ten Monterey Week Auction Results
- Bonhams: Quail Lodge Sale Results, 1967 Ferrari 412P
- Gooding: Pebble Beach Sale Results
- Mecum: Monterey Sale Results
- RM Sotheby’s: Monterey Sale Results, Lost & Found Ferrarir Results
Monterey Week 2023 Auction Previews
Monterey Week 2023 Pre-Auction Announcements
- Bonhams: 1967 Ferrari 412P Berlinetta
- Gooding: 1933 Bugatti Type 55 Roadster
- Gooding: Top Ten Ferraris (including a 250 GT SWB Berlinetta)
- Gooding: Top American Brass-Era Cars (including a Simplex and Mercer)
- RM Sotheby’s: Top Ten Ferraris (including a 250 LM and California Spider)
- RM Sotheby’s: The Lost and Found Collection of 20 Ferraris
- RM Sotheby’s: Steve McQeen’s 1967 Ferrari 275 GTB/4
- RM Sotheby’s: 1938 BMW 328 ‘Special Competition’ Roadster
Previous Monterey Week Auction Results