Art/Car Auctions Top $600M
Classic car and art auctions topped $600 million this month despite global turmoil [https://cnbc.com/2026/03/12/classic-car-art-auctions-results-wealth-resilience.html]. This signals continued strong demand for rare collectibles [https://cnbc.com/2026/03/12/classic-car-art-auctions-results-wealth-resilience.html].
Gooding Christie's Amelia Island sale saw a 1960 Ferrari 250 GT SWB California Spider fetch $16.5 million, making it the most expensive car sold at Florida auctions in early March. A 1932 Miller four-wheel drive racing car also set a new record at over $3.3 million. Overall, Gooding Christie's earned $70,392,800 at Amelia Island 2026, up from $67,427,210 in 2025. Broad Arrow's Amelia Island auction saw a 2003 Ferrari Enzo sell for $15,185,000. A 2005 Porsche Carrera GT went for a record $6.7 million. Broad Arrow's total sales exceeded $107 million, with more than ten new world auction records set. Sotheby's Modern and Contemporary Evening Sale in London realized £131 million ($177.4m) with fees. A Francis Bacon self-portrait sold for £16.03 million ($21.6m). The sale achieved a 98% sell-through rate.
