Broad Arrow's Inaugural Audrain Auction Achieves $8.3 Million in Sales
Broad Arrow Auctions' first Audrain auction, held as the official partner of Audrain Newport Concours & Motor Week, generated $8.3 million in total sales. The event's top lot was a 1914 Stutz 4E Bearcat, which sold for $1.875 million.
Broad Arrow Auctions' inaugural Audrain Auction, held as the official auction partner for the Audrain Newport Concours & Motor Week, achieved $8.3 million in total sales. The boutique single-day sale saw 88 percent of its 65 lots sold, with strong participation from both in-person and online bidders representing 16 countries.
The highest price achieved was $1.875 million for a 1914 Stutz 4E Bearcat. The car, described as the definitive American performance car of its era, is noted for its continuous ownership history since leaving the factory.
Modern collectibles also performed well, with a 2009 Ferrari 430 Scuderia selling for $538,500, a 2022 McLaren 765LT Spider fetching $516,500, and a 2011 Mercedes-Benz SLS AMG Coupe realizing $428,500.
The auction, which took place at the International Tennis Hall of Fame in Newport, Rhode Island, saw nearly 40 percent of bidders participating in a Broad Arrow sale for the first time. Results from the event are available on Broad Arrow's website.