Broad Arrow Auctions Reports 2024 Sales Performance

Broad Arrow Auctions has provided updates on its sales performance throughout 2024. According to company announcements, its The Amelia auction, held in early March, generated over $63 million in sales revenue with a 92% sell-through rate.

The auction event has featured significant classic automobiles. In February, the company announced that a 1967 Ford GT40, described as the 'original' supercar, was set to be presented at The Amelia event. Earlier in January, reports indicated the inclusion of a 1973 Ferrari 365 GTB/4 Daytona Spider and items from the Gregorie Neck Collection.

The company's releases also reference previous events, such as the Radius Auction, which achieved $57.5 million with an 84% sell-through rate. Sales at that event were reportedly led by models including a Ferrari F50, 288 GTO, and 250 GT Lusso.

Broad Arrow Auctions has also focused on specialized sales, including an all-Porsche auction in April conducted in partnership with Air|Water. The company has also expanded its presence in the UK and EU with the addition of new specialists to its team.