1948 Ferrari 166 Spyder Corsa Sets Record with €7.54M Sale at Broad Arrow’s Villa d’Este Debut Auction
Broad Arrow Auctions, part of Hagerty (NYSE: HGTY), marked a major milestone with its first European sale as BMW AG’s official auction partner at the prestigious Concorso d’Eleganza Villa d’Este. Held on May 24–25 at Villa Erba, the two-day event drew packed rooms and over 8,000 online viewers, achieving €31,172,625 in total sales with 78% of lots sold, including three post-auction deals.
“Our debut at Villa d’Este was a resounding success,” said Joe Twyman, VP of Sales, EMEA. “It was the perfect launch for our European expansion.”
Auction Highlights:
Star Sale: 1948 Ferrari 166 Spyder Corsa – €7,543,750 (New record)
Top Classic: 1954 Siata 208S Spider – €1,750,000
Modern Icons:
1989 Ferrari F40 Competizione – €2,312,500
2003 Honda NSX-R – €934,375 (World record)
2023 Ford GT – €613,750
Motorcycle Highlight: 1990 Ducati 851 F90 Corsa (ex-John Surtees) – €81,250
A BMW-only evening auction also impressed, led by a 1980 BMW M1 Procar spec car that sold for €602,500.
Kenneth Ahn, Broad Arrow President, added: “The support for our European debut was incredible. We're proud to work alongside BMW AG and the Concorso and look forward to expanding in 2025.”
Top 10 Sales:
1. Ferrari 166 Spyder Corsa – €7,543,750
2. Talbot-Lago T150 C Teardrop – €3,606,250
3. Ferrari F40 Competizione – €2,312,500
4. Siata 208S Spider – €1,750,000
5. Ferrari 275 GTS – €1,525,000
6. Porsche Carrera GT – Sold pre-auction
7. Mercedes-Benz 300 SL Roadster – €1,007,500
8. Honda NSX-R – €934,375
9. Ford GT – €613,750
10. BMW M1 – €602,500
Read the full article here:
Ready to Buy, Sell, or Advertise Your Classic Cars?
At Classic Motors For Sale, we make it easy. For over 15 years, we've connected passionate collectors, dealers, and enthusiasts with a global audience of serious buyers.
Whether you're looking to list a single vehicle or promote an entire collection, our suite of five specialist websites, international reach, and proven marketing power ensure your cars get the attention they deserve. Trust the platform that's been driving classic car connections worldwide since 2009.
I can be contacted at the below details:
Nick Aylieff, Owner & CEO, Classic Motors For Sale
+44 (0) 7453 354260 | Mobile +66 (0) 864 054 536 |
