Bonhams Miami Auction 2025 - cautious buying enthusiasm in America
Summary
37 cars went under the hammer alongside some F1 memorabilia on May 3, 2025 on the occasion of the F1 GP in Miami. Despite a no-reserve share of 51%, only 68% were sold, including the entire "Orange Collection" as well as three classic Ferraris and a Singer Porsche. This auction review analyzes the results and shows the cars in pictures.
This article contains the following chapters
- Porsche ahead of Ferrari
- Singer Porsche most expensive
- Classic Ferraris draw
- All oranges sold
- Flagships not sold or withdrawn
Estimated reading time: 3min
Preview (beginning of the article)
37 cars went under the hammer alongside some F1 memorabilia and two children's cars at Bonhams on the occasion of the F1 Grand Prix of Miami on May 3, 2025. While new small car prices have been paid for F1 helmets before, the bidders for the cars seemed to hold back a little. In total, the 37 cars had been estimated at USD 25.4 million (or USD 687,365 per car) in advance, but in the end the sales prices amounted to "only" USD 9.442 million. This was partly due to the fact that the average bid was only 84% of the median estimate and partly because only 68% of the cars were sold. In addition, some of the very expensive cars were left standing. The relatively low sales rate was also surprising because 51% of the lots were offered without a reserve price.
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