Broad Arrow Porsche Auction
Broad Arrow Auctions held their second Porsche-only sale in Orange County, CA this past weekend in partnership with the first ever standalone Air|Water event. 56 cars and 41 lots of memorabilia were consigned with Broad Arrow Auctions. The sale resulted in an 80% sell-through rate and total sales of $15.6 million.
The top three lots sold each capture a particular moment in supercar history for the storied German brand.
Porsche broke new ground with the 918 Spyder with it being their first attempt at a hybrid supercar. It was initially shown at the 2010 Geneva Motor Show as a concept with the production version being unveiled at the 2013 Frankfurt Motor Show.
The 918 Spyder combines a 4.6L V8 with two electric motors to produce a total of 887 horsepower. It’s capable of traveling more than 11 miles purely on electric power, so while it’s not the most impressive electric-only range, it was an important milestone in Porsche development.
The Weissach Package, which this car is equipped with, reduces the 918 Spyder’s weight and improves aerodynamic performance thanks to carbon fiber elements, lighter-weight magnesium wheels, and a track-derived aerodynamic system.
Porsche built 918 examples of the 918 Spyder making the regular Spyder rare enough, but throwing the Weissach Package into the mix cuts that production number down significantly. The Weissach-equipped 918 Spyder has increased in value since the end of 2023 after holding steady for the previous few years.
As Broad Arrow Auctions had estimated this would sell for $2,700,000 – $3,200,000, this is just on the wrong side of being well-bought with a total price of $2,865,000. Of course in another few years we may be wishing we could find a 918 Spyder with the Weissach Package for less than $3,000,000!
Porsche initially developed the 959 as a Group B rally car, hence the general production of the model to meet FIA homologation requirements. The Komfort package made the car much more luxurious, combining the performance of the rally car with the comforts expected in a Porsche. At the time, it was the fastest production car in the world with a top speed of nearly 200 mph.
Between 2017 and 2023 we witnessed on 1988 Porsche 959 Komfort hit the auction block on two occasions. In 2017 it sold for $1,045,000 and when it came up for auction again in 2023 it sold for an impressive $1,765,000.
It’s possible that the pre-auction estimate of $2,100,000 – $2,400,000 was a bit strong for this model, but selling for $1,930,000 is still a big jump from the prices we were seeing as far back as 2016. The seller and the new owner of this Porsche 959 Komfort should both be happy with the result from Broad Arrow Auctions.
The Carrera GT started regularly breaking the seven-figure barrier a couple years ago and since then it seems there’s no stopping them. The example sold by Broad Arrow Auctions isn’t a particularly low-mileage one, but it’s respectable with about 3,600 miles since new.
This car outperformed the pre-auction estimate of $1,400,000 – $1,600,000 by selling for $1,792,500 so it’s difficult to call this anything other than well-sold.
RUF built a total of ten examples of the BTR based on the 993-generation Porsche 911. It’s the only one of them that we know of to be upgraded to BTR Twin specs by RUF making this even rarer than it already was.
This car shows less than 17,000 miles since new and is equipped with all-wheel drive, a limited slip differential, and a six-speed manual transmission to deliver all its RUF-derived horsepower to the pavement.
It benefits from a restoration completed in 2023 by RUF – really, who better to do that job? The pre-auction estimate on this car was $1,200,000 – $1,400,000 and Broad Arrow Auctions sold it for $1,150,000. We’re not going to call it well-bought because that’s fairly close to the low-end of the estimate, but its new owner should be quite happy with the price of this RUF.
The Porsche 962 debuted in 1984, the successor to the 956, and was intended to compete in the IMSA GTP class. It was built as a response to regulations that required the driver’s feet to be positioned behind the front axle, which meant the 956 wouldn’t have passed scrutineering.
The Porsche 962 went on to enjoy a successful career in numerous championships, including two wins at Le Mans as a Group C car. The real legend of the 962 is down to its staying power – privateers continued racing this model well into the 1990s, far past its retirement by Porsche.
The one sold by Broad Arrow Auctions was campaigned by Dyson Racing in the 1987 IMSA season and took two overall wins that year at Road Atlanta and Road America. It was driven by three different Le Mans winners.
It remained in the same family since 1989 with maintenance being performed by Bob Russo of Holbert Racing. It’s participated in multiple Rennsport Reunions and is eligible for a variety of vintage races.
As the pre-auction estimate from Broad Arrow Auctions was $600,000 – $800,000, this performed as well on the auction block as it did on the race track by selling for $775,000.
Broad Arrow Auctions will hold their next sale at Motorlux during Monterey Car Week 2024 over the course of two days. We’ll be following that auction closely as it approaches.