At Monterey Car Week this year, the rare luxury cars were everywhere. Since organizers canceled the 2020 event, there was an even wider variety of vehicles up for sale. The 1995 McLaren F1 stole the show, but there were many other historically interesting luxury vehicles at the event.
The auction had 25% fewer cars up for sale than in 2019 but saw a 35% increase in total sales. A 1970 Porsche 917 K race car that was expected to bring in almost $19 million at auction did not sell at all. The Porsche 917 was featured in the Steve McQueen film “LeMans.” The top bid was $15 million, but that failed to meet the reserve price.
The most expensive luxury car that sold at Monterey Car Week, a 1995 McLaren F1 Coupe
According to CNBC, the 1995 McLaren F1 Coupe was the top seller of the whole week. Not only that, but the F1 was the most expensive car to sell at auction since 2018. It sold for $20.5 million and had only 240 miles on the odometer. According to the listing from Gooding & Company, this F1 came with a four-piece luggage set and a matching set of tools. This particular 1995 McLaren F1 was kept in a private collection for 17 years and was rarely driven. “Most of the mileage that the McLaren accrued while in Japan was added during a promotional filming session at a test course near Tsukuba.” Not bad for a 26-year-old McLaren.
1995 McLaren F1 Coupe: $20.5 million
The 1959 Ferrari 250 California LWB Competizione Spider
This 1959 Ferrari 250 California LWB has an Italian flag livery which sets it apart from other luxury cars at auction. This Ferrari raced in Italy and was only imported to the U.S. for one year, in 1995. Like the McLaren F1, it is one of the only cars in Monterey Car Week history to fetch over $10 million at auction. The only other vehicle is a Mercedes-Benz AMG CLK GTR. This 1959 Ferrari 250 is just one of 50 examples of the long-wheelbase options.
1959 Ferrari 250 California: $10.8 million
The ultimate luxury car: A 1962 Aston Martin DB4 GT Zagato Coupe
The 1962 Aston Martin DB4 sold at Monterey Car Week for $9.5 million through RM Sotheby’s. This particular Aston Martin DB4 is one of 19 vehicles and only one of six left-hand drive options made. It has the original engine, and the Shell Grey body was “was specified to be of a slightly heavier gauge of aluminum than standard, so as to be more robust.” Aston Martin is known for high-end luxury vehicles, but this one was touted as the “ultimate vintage Aston Martin.”
1962 Aston Martin DB4: $9.5 million
A competitive luxury car: 1962 Ferrari 268 SP Spider
This 1962 Ferrari 268 has quite a history. It was a Scuderia Ferrari Works entry for the 1962 24 Hours of Le Mans and was one of six 268s with this engine. Ferrari fitted only half a dozen of these with the eight-cylinder engine. It is Ferrari Classiche Certified and has the famous “shark-nose” body. It also participated in the 1964 SCCA Class D Modified Championship.
1962 Ferrari 268 SP Spider: $7.7 million
The 1966 Ferrari 275 GTB Long Nose Alloy Coupe
One of only 12 examples, this 1966 Ferrari 275 had a 250 LM-type has a dry-sump Tipo 213 competition engine. It entered into the 24 Hours of Le Mans in 1967, 1968 and 1969, and won its class in 1967. In addition, this 1966 Ferrari 275 won its class at the 1969 1000 KM of Spa-Francorchamps and 1969 500 KM of Imola. All of the numbers on the engine, gearbox, and other components match. The previous owner restored this luxury car in 2018, and the pristine paint job is proof.
1966 Ferrari 275: $7.7 million
Other luxury cars that sold last week include a 1958 Ferrari 250 GT TdF Coupe for $6 million and a 1929 Bugatti Type 35B Grand Prix Roadster for $5.6 million. A 1928 Mercedes-Benz 26/120/180 S Type sold for $5.4 million through Bonhams, and another 1958 1958 Ferrari 250 GT went for $4.4 million.
The 10th most expensive luxury car that sold was a 1963 Shelby Cobra 289 R&P Roadster for $4.1 million. Experts agreed that this was a strong year for the Monterey Car Week auctions.