Press Release

Gooding & Company Achieves More Than $30 Million in a Single Day at the Company’s Amelia Island Auction

Porsches Shine with the 1998 Porsche 911 GT1 Strassenversion Sold for over $5.6 Million; Thirteen New World Benchmarks Established

Amelia Island, Fla. (March 14, 2017) – Gooding & Company, the auction house acclaimed for selling the world’s most significant and valuable collector cars, realized $30,568,700 in a single day at the company’s annual Amelia Island Auction held on March 10, 2017. The auction house achieved a 78% sales rate as 69 of 88 lots were sold, producing a $443,025 average price per car. An impressive number of nine cars sold over the $1 million mark, with the star of the day, the exotic 1998 Porsche 911 GT1 Strassenversion selling for $5,665,000, a new world record price for the model and for the Porsche 911. Thirteen new benchmarks were set across Porsche, McLaren, Aston Martin and Mazda. Highlights included the striking 2015 McLaren P1 (sold for $2,392,500), the 1989 Mazda 767B (sold for $1,750,000) that raced at the 1989 24 Hours of Le Mans, and the 1949 Aston Martin DB Mk II (sold for $1,540,000) that was formerly owned by company head David Brown.

“We achieved strong results for a number of exceptional cars, especially from the Porsche marque, exemplified by the world record price achieved for the GT1 Strassenversion,” states David Gooding, President and Founder of Gooding & Company. “In spite of the 13 world record prices set, we are definitely seeing a market shift, which is healthy for the marketplace as a whole.”

All four Porsches from the Private Porsche Collection achieved world record prices, these included the 1998 Porsche 911 GT1 Strassenversion (sold for $5,665,000), the 1993 Porsche 964 Turbo S Leichtbau (sold for $1,540,000), the 2011 997 GT3 RS 4.0 (sold for $748,000), and the 2011 Porsche 997 GT2 RS (sold for $561,000).

Top Ten Sales:

  • 1998 Porsche 911 GT1 Strassenversion, sold for $5,665,000
  • 2015 McLaren P1, sold for $2,392,500
  • 1989 Mazda 767B, sold for $1,750,000
  • 1949 Aston Martin DB Mk II, sold for $1,540,000
  • 1993 Porsche 964 Turbo S Leichtbau, sold for $1,540,000
  • 1990 Ferrari F40, sold for $1,485,000
  • 1977 Porsche 934/5, sold for $1,375,000
  • 1955 Lancia Aurelia B24S Spider America, sold for $1,300,000
  • 1965 Aston Martin DB5 Vantage, sold for $1,100,000
  • 2011 Porsche 997 GT3 RS 4.0, sold for $748,000

Top Five World Record Prices:

  • 1998 Porsche 911 GT1 Strassenversion, sold for $5,665,000
  • 2015 McLaren P1, sold for $2,392,000
  • 1989 Mazda 767B, sold for $1,750,000
  • 1949 Aston Martin DB Mk II, sold for $1,540,000
  • 1993 Porsche 964 Turbo S Leichtbau, sold for $1,540,000

Cars offered for philanthropic efforts delivered sensational results, as the wall-to-wall crowd cheered on the generous bidding. The 2015 McLaren P1 delivered a sensational bidding war and sold for a world record price of $2,392,000. Proceeds from the sale of the McLaren P1 have been pledged to benefit the Rose-Hulman Institute of Technology. Additionally, Caitlyn Jenner joined David Gooding on the stage to introduce her 2011 Porsche 911 GT3 RS, which sold for a strong price of $169,400. Ms. Jenner has pledged all of her proceeds to fund the Caitlyn Jenner Foundation.

Gooding & Company’s next sale, The Pebble Beach Auctions, will take place on August 19 and 20, 2017, at the Pebble Beach Equestrian Center. Last year’s impressive Pebble Beach sale delivered remarkable cars, breaking several world auction records with a total of 115 stunning cars fetching over $129 million in overall sales. As the official auction house of the Pebble Beach Concours d’Elegance®, Gooding & Company is renowned for showcasing the finest classic, sports and racing cars on the world’s stage.

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Phone: 310.899.1960

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