The prestigious auctions are one of the highlights of Pebble Beach and Monterey's renowned annual automotive events. This year's Monterey Car Week, taking place from August 9 to 18, promises a feast of automotive wonders for enthusiasts.
The festivities at Pebble Beach Concours d'Elegance offer a unique blend of luxury and vintage automotive passion. This renowned event draws together individuals captivated by classic cars and those with significant wealth, creating a vibrant marketplace where exquisite vehicles and high-end products converge. While attendees revel in showcasing, admiring, and taking photos with some of the most stunning classic cars, businesses find a lucrative opportunity to market luxury items to car aficionados.
A spotlight on high-profile auctions
One of the main attractions of Monterey Car Week is the major automotive auctions. Pebble Beach has become a premier venue for selling high-value vintage cars. According to valuation experts at Hagerty, it is the site where half of the 30 most expensive cars ever sold at auction have changed hands. This year’s auction lineup, featuring lots from Gooding & Company, RM Sotheby’s, and Broad Arrow, promises to be particularly exceptional, with most of the highlights falling into the eight-figure price range—predominantly Ferraris.
Monterey car week: List of 10 vintage cars up for auction
Car model
| Estimate
|
1955 Ferrari 857 Sport Spider
| $6,000,000 – $8,000,000
|
1995 Ferrari 333 SP Evoluzione
| $6,000,000 – $8,000,000
|
2002 Ferrari F2001b Formula 1
| $8,000,000 – $10,000,000
|
1997 Porsche 911 GT1 Ren Version
| $8,500,000 – $10,500,000
|
1937 Bugatti Type 57SC Atalante
| $9,000,000 – $11,000,000
|
1957 Ferrari 625 TRC Spider by Scaglietti
| $9,000,000 – $11,000,000
|
1955 Ferrari 410 Sport Spider by Scaglietti
| > $15,000,000
|
1961 Ferrari 250 GT SWB California Spider
| $15,000,000 – $17,000,000
|
1960 Ferrari 250 GT SWB California Spider by Scaglietti
| $16,000,000 – $18,000,000
|
1938 Alfa Romeo 8C 2900B Lungo Spider
| $16,000,000 – $20,000,000
|
Top vintage cars up for auction
1955 Ferrari 857 Sport Spider- Estimate: $6,000,000 – $8,000,000
- This beautifully designed Scaglietti racer, one of only four built, has a storied history including a transformation by artist Andy Warhol. It was restored in 2011 to its original engine and colour.
1995 Ferrari 333 SP Evoluzione- Estimate: $6,000,000 – $8,000,000
- A rare and sophisticated closed-body racer, this Ferrari achieved notable success in IMSA races and the 24 Hours of Le Mans, featuring a 650-hp V-12 engine.
2002 Ferrari F2001b Formula 1- Estimate: $8,000,000 – $10,000,000
- Driven by Michael Schumacher, this Ferrari F1 chassis is renowned for its historical achievements, including a win and two podium finishes.
1997 Porsche 911 GT1 Ren Version- Estimate: $8,500,000 – $10,500,000
- This rare GT1 model competed in high-profile racing events and is known for its durability and performance, boasting a 600 hp twin-turbocharged engine.
1937 Bugatti Type 57SC Atalante- Estimate: $9,000,000 – $11,000,000
- This Bugatti, one of just 17 built, is celebrated for its timeless beauty and was a top contender at the Pebble Beach Concours last year.
1957 Ferrari 625 TRC Spider by Scaglietti- Estimate: $9,000,000 – $11,000,000
- Known for its elegant design and racing pedigree, this Ferrari was upgraded by its original owner and boasts a significant number of podium finishes.
1955 Ferrari 410 Sport Spider by Scaglietti- Estimate: > $15,000,000
- A prototype for the 410 Scuderia Ferrari Works cars, this unique model was driven by Carroll Shelby and is highly valued for its racing history.
1961 Ferrari 250 GT SWB California Spider- Estimate: $15,000,000 – $17,000,000
- Designed to appeal to the American market, this car is one of only 56 produced, with a distinctive colour and original engine.
1960 Ferrari 250 GT SWB California Spider by Scaglietti- Estimate: $16,000,000 – $18,000,000
- The first-ever 250 GT SWB California Spider, this car retains its original colour and engine and has never been publicly offered for sale before.
1938 Alfa Romeo 8C 2900B Lungo Spider- Estimate: $16,000,000 – $20,000,000
- This iconic Alfa Romeo, celebrated for its pre-WWII racing success and elegant design, was recently stolen and reclaimed, adding to its unique history.
The future of high-end automotive auctions
Monterey Car Week continues to be a key event for luxury car auctions, with each year bringing new opportunities for enthusiasts and collectors. Whether you're a serious buyer or simply a fan of classic cars, the auction highlights provide a glimpse into the world of high-value automotive treasures.
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