Broad Arrow Auctions/Robin Adams
GROSSE POINTE, Michigan – Broad Arrow Auctions, a Hagerty company announced the results for the exclusive Porsche-only auction in partnership with the first-ever Air|Water standalone event held this past Saturday, April 27th at the Orange County Fairgrounds in California. The auction consisted of 56 cars and 41 lots of memorabilia and saw strong attendance from both registered bidders and their guests alongside show spectators, resulting in a standing-room-only atmosphere for the entire event. Total sales surpassed $15.6 million with a sell-through rate of 80% for the event.
The top sale from the auction was the 2015 Porsche 918 Spyder Weissach, which sold for $2,865,000, with second spot honors going to the 1988 Porsche 959 Komfort, which sold for $1,930,000. The 2005 Porsche Carrera GT rounded out the top three with a sale price of $1,792,500. A notable aftersale included the 1997 RUF BTR Twin which sold for $1,150,000 post auction.
Broad Arrow Auctions/Robin Adams
Further additional highlights from the auction included a pair of historic race cars, the 1986 Porsche 962 IMSA GTP Dyson Racing car, which achieved a final price of $775,000, and the 2007 Porsche 911 GT3 RSR Flying Lizard which sold for $747,500.
Top Ten Auction Results (All prices inclusive of Buyer’s Premium)
- 2015 Porsche 918 Spyder Weissach – $2,865,000
- 1988 Porsche 959 Komfort – $1,930,000
- 2005 Porsche Carrera GT – $1,792,500
- 1997 RUF BTR Twin – $1,150,000
- 1986 Porsche 962 IMSA GTP Dyson Racing – $775,000
- 2007 Porsche 911 GT3 RSR Flying Lizard – $747,500
- 2023 Porsche 911 Sport Classic – $478,000
- 1994 Porsche 911 Turbo 3.6 – $423,000
- 2023 Porsche GT3 RS Weissach $423,000
- 1957 Porsche 356 A 1600 Super Speedster – $362,500
Air|Water is the brainchild of Luftgekühlt founder Patrick Long, who is well-known and respected in the Porsche world and has organized world-class gatherings for the Porsche community to celebrate not only Porsches but the camaraderie of the Porsche enthusiast community.
In January 2024, Hagerty and The Porsche Club of America, Inc. (PCA) announced Hagerty and Broad Arrow as the official insurance and auction partner, respectively, for key PCA national events. PCA is the largest single marque car club in the world with over 160,000 members. This auction, in partnership with Air|Water and collaboration with PCA, reflects Hagerty and Broad Arrow’s continued commitment to the Porsche community to help Porsche enthusiasts to protect, buy/sell, and enjoy their Porsches. More information about the Hagerty and Porsche Club of America partnership can be found here, and more information about PCA can be found here.
Broad Arrow’s next auction will take place alongside the Hagerty Motorlux event in Monterey, CA on 15-16 of August and will feature approximately 150 cars over the course of the two-day auction. Early highlights include a 1955 Mercedes-Benz 300 SL Gullwing and a 1998 RUF CTR II. More information on the auction can be found at www.broadarrowauctions.com.
About Broad Arrow, a Hagerty Company – Broad Arrow, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors with a commitment to integrity, trust, and innovation. Broad Arrow operates Broad Arrow Auctions, Broad Arrow Capital, and Broad Arrow Private Sales (formerly Collectors Garage) and is headquartered in Grosse Pointe, Michigan. For more information, please visit connect with us on Facebook, Instagram, Twitter and LinkedIn.
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