Auction Recap: Broad Arrow Amelia 2024
Broad Arrow returned in 2024 for its second year as the official auction of the Amelia Concours d’Elegance. By all measures, it was a more successful auction the second time around. Total sales were nearly twice as high and the sell-through rate was 13 points higher.
Among the highlights were a 2022 Bugatti Chiron Pur Sport for $4,047,500, a real-deal Ford GT40 for $4,405,000, and a Hennessey Venom F5—introduced to the block by John Hennessey as the first F5 offered at public auction—for $2,205,000. We examine the other most interesting cars from Broad Arrow Amelia 2024 in detail below.
Lot 103: 1995 Honda Integra Type-R
Sold for $50,400 (estimate: $40,000-$60,000)
Chassis no. DB81100632. Original, #2- condition.
Championship White over black with red stitching.
Equipment: 1797-cc I-4/197hp, five-speed, white wheels, air conditioning, aftermarket Pioneer head unit.
Condition: JDM model imported here in 2019. Showing 33,718 km (20,951 miles). Very good paint and body, the engine compartment shows little aging from use and the interior is near immaculate. A beautifully cared-for Type R sedan.
Bottom Line: The Integra Type-R came to this country only briefly, badged as an Acura, and only in two-door hatchback form. The model has a longer history abroad, and now that the earlier Integra and similar Civic Type-Rs are eligible to import here, they’ve been making their way over. Even if this example is a less desirable sedan, its relatively low mileage and clean, stock condition were enough to impress the bidders at the Ritz. This is a strong price for it.
Lot 236: 1982 Lancia 037 Stradale
Sold for $588,000 (estimate: $500,000-$600,000)
Chassis no. ZLA151AR000000106. Recent restoration, #2- condition.
Spartan Black cloth with red piping.
Equipment: 1995-cc I-4/205hp, five-speed, Abarth steering wheel.
Condition: One of 207 Stradale versions. Restored in 2017 by ex-factory Lancia technicians. Very good paint. Clean wheels and tires. Factory panel fit. Very good interior. Nothing overdone, just a very well presented road-going example of Lancia’s first Group B World Rally weapon and the last rear-wheel drive car to win the WRC.
Bottom line: While some of the actual rally cars as well as some perfectly preserved Stradale versions have sold for more, this is still a solid price. Bonhams sold it in 2018 for $451,000, but this result reflects both inflation and the growing interest in the wild machinery of the Group B era.
Lot 244: 1961 Jaguar E-Type SI 3.8 Roadster
Sold for $246,400 (estimate: $225,000-$275,000)
Chassis no. 875231. Older restoration, #2- condition.
Black with black cloth top over black leather.
Equipment: 3781-cc I-6/265hp, four-speed, wire wheels, outside bonnet latches, welded louvers, wood-rim steering wheel, Blaupunkt radio.
Condition: One of 385 roadsters with flat floor, welded louvers, and outside latches. Matching numbers. Was a 100-point JCNA show car…in 2001. Today there are no major issues, but there is condensation behind the headlights and marker lenses, the top shows wrinkling as well as stretching around the top frame, scratches in the side glass, and some wear to the switchgear. The configuration is desirable and its condition mostly good, and though the top-quality restoration is reassuring, its high-scoring concours appearance is from so long ago that it is of diminishing relevance.
Bottom line: Gooding sold this car here six years ago for nearly $320K, but E-Type prices haven’t moved all that much since then, and this one’s restoration has aged. This is a fair result, all things considered.
Lot 288: 1962 Volvo P1800
Sold for $95,200 (estimate: $75,000-$125,000)
Chassis no. 4451. Recent restoration, #1- condition.
Equipment: 1778-cc I-4/100hp, four-speed, wire wheels, dash clock.
Condition: Restoration finished in 2020. A rare, very early, Jensen-built P1800. The panel fit isn’t perfect but the rest of the car is. Likely one of the best in the world.
Bottom line: In the early days of Volvo’s first volume-selling sports car, the company didn’t quite have enough capacity, so it contracted Jensen in the UK to assemble the first batch of P1800s. The early ones had plenty of issues so Volvo canceled the contract, moved production back home, and renamed the model 1800S (S for “Sweden”). Many of the Jensen-built cars rusted away decades ago. Seeing one is rare enough, and seeing one get the royal treatment in terms of restoration is even more special. This car brought an expensive price, but it deserved to.
Lot 257: 1973 Ferrari 365 GTB/4 Daytona Spider
Sold for $3,305,000 (estimate: $2,800,000-$3,200,000)
Chassis no. 16857. Older restoration, #2- condition.
Blu Dino Metallic with black top over beige and black leather.
Equipment: 4390-cc V-12/352hp, five-speed, Borrani wheels, Becker Mexico radio, air conditioning, power windows, tools.
Condition: Ferrari Classiche certified, Massini Report, best in show 2018 Concorso Ferrari in Palm Beach, Amelia award for Scaglietti production class in 2020. Good paint overall, with no serious damage age to the finish from use. The chrome appears redone and presents well. The windshield trim has a small blemish on the right side, and there is excessive sealer squeezed out from the top trim piece where the convertible top meets the windshield frame. The engine and underbody are clean, fully restored and present well. The interior only hints at minor usage, however the gauge lenses appear old and partially fogged from age. A beautiful restoration with few things to nit pick.
Bottom line: Just 121 genuine Daytona Spiders were built. This one sold out of the Don Davis Collection in 2013 for $1,650,000, but the market for them is different, and surprisingly high, today. Gooding sold another Daytona Spider in a rare color for a very similar $3,365,000 earlier in the week. One surprisingly high price can be an outlier, even on rare cars that seldom come up for sale. Two is a more reliable suggestion of where the market is.
Lot 229: 1967 Ford GT40
Sold for $4,405,000 (estimate: $4,000,000-$5,000,000)
Chassis no. P/1069. Older restoration, #3+ condition.
Opalescent Silver Blue with white side stripe over black.
Equipment: 289-cid V-8 with quadruple Webers, five-speed, Borrani wire wheels.
Condition: One of 31 Mk I GT40s built in road trim. Wound up at a Swiss dealership in period. The dealership’s owner, who also ran the Scuderia Filipinetti racing team, had the car painted and held onto it for the remainder of 1967. By 1968, though, it was back in England, road registered, and served as a test car in the British car press. After several owners and multiple repaints, it raced in historic events through the 2000s and 2010s, and has finally been refinished back in its Opalescent Silver Blue.
Good older paint, there are some light swirls to the finish but not overly deteriorated. The right rear wheel center lock has peeled chrome, the engine and underbody show use and have some deterioration of finish and light oil film. The interior shows use as well, with a rip to the drivers seat. It’s a vintage-raced car that has held up well.
Bottom line: Genuine GT40s rarely come up for sale and the road cars are no different, but Mecum did just sell another blue Mk I road car this January for $6.93M. The difference is down to minute details, but in the GT40 world, minutiae counts for a lot.
I’d take them all gladly.