Broad Arrow Auctions' 2026 Porsche Air|Water Auction achieved $20 million in sales, showcasing high-demand collector cars.
Quiver AI Summary
Broad Arrow Auctions, affiliated with Hagerty, reported strong results from its third annual Porsche Air|Water Auction held on April 25, 2026. The auction generated total sales of $20 million with an impressive 84% sell-through rate, attracting many first-time bidders. Highlights included a 2015 Porsche 918 Spyder Weissach, which sold for $4,680,000, and a 2025 RUF SCR that fetched $2,095,000. The auction featured a diverse range of vehicles, including meticulously customized Porsche 911 models reimagined by Singer, and competitive bidding for rare air-cooled models. Broad Arrow's Vice President praised the auction's role in connecting with Porsche enthusiasts and indicated an exciting lineup of future auctions, including an upcoming event in Lake Como, Italy.
Potential Positives
- Broad Arrow Auctions achieved a substantial total sales figure of $20 million at its third annual Porsche Air|Water Auction, marking the company's strongest performance in this event to date.
- The auction featured a strong sell-through rate of 84%, demonstrating high demand and interest in the lots offered.
- Nearly 50% of bidders participated for the first time, indicating a growing audience and expanding market reach for Broad Arrow Auctions.
- The event highlighted several high-value sales, including a 2015 Porsche 918 Spyder Weissach that sold for $4,680,000, reinforcing the company's reputation for auctioning exceptional collector cars.
Potential Negatives
- Despite a strong sell-through rate and total sales, the press release does not provide detailed information on the profitability of the auction, which is critical for fully assessing its financial success.
- The mention of "forward-looking statements" introduces uncertainty regarding Hagerty's future operations, indicating potential risks that could affect the company's performance.
- The press release highlights competitive bidding and strong sales but lacks context on market conditions that might have influenced these results, raising questions about sustainability in future auctions.
FAQ
What were the total sales at the 2026 Porsche Air|Water Auction?
The auction realized $20 million in total sales with an impressive 84 percent sell-through rate.
How many bidders participated for the first time?
Nearly 50 percent of all bidders participated for the first time at the auction.
Which car topped the sales at the auction?
The top-selling car was the 2015 Porsche 918 Spyder Weissach, which sold for $4,680,000.
What notable features did the 2025 RUF SCR have?
The 2025 RUF SCR was a highly exclusive, made-to-order supercar, sold for $2,095,000.
When is Broad Arrow's next auction event?
The next auction will be held on May 16-17 at Lake Como, Italy, during the Concorso d’Eleganza Villa d’Este.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
Costa Mesa, California, April 28, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY) , has announced official results for its third annual Porsche Air|Water Auction, held on Saturday, April 25 during the renowned Air|Water experience from the creators of Luftgekühlt. The single-marque, single-day auction realized $20 million in total sales, with a strong 84 percent sell-through rate (70 of 83 lots) and nearly 50 percent of all bidders participating for the first time. This represents Broad Arrow’s strongest Air|Water performance to date.
A well-attended preview on April 24 coupled with the enthusiasm of the Air|Water event translated to an energetic sale room on Saturday, with Broad Arrow Auctioneer, Thomas Forrester, conducting numerous exciting bidding competitions, including for the sale-topping 2015 Porsche 918 Spyder Weissach at a final $4,680,000, eventually selling to a bidder over the phone. Limitation number 048 is the singular Paint to Sample Riviera Blue 918 Spyder equipped with the weight-saving Weissach package delivered to North America, featuring a Black interior with Silver piping. Exquisitely optioned, it was offered with only 1,267 miles at the time of cataloging.
It was the equally eye-catching 2025 RUF SCR that also stole the show on Saturday afternoon. The highly exclusive, made-to-order, modern RUF supercar elicited back-and-forth bidding between two bidders in the room, eventually selling for a final $2,095,000. A true ground-up RUF design, chassis 06025 was offered with delivery miles only and finished in vivid Paint to Sample Türkisblau (Turkish Blue).
“We’re always thrilled to present an auction at a true enthusiast event like Air|Water and to a group of collectors and drivers as passionate as the Porsche community,” says Alexander Weaver, Vice President and Senior Car Specialist for Broad Arrow. “This was our best Air|Water Auction yet, with a catalog of cars that included some very special, incredibly optioned cars. It was once again the hard-to-find, bespoke, and highly optioned modern Porsches that topped the sale, indicative of overall market trends and of the quality of the offering. We’re excited to continue our spring and summer auction calendar across the globe.”
Nearly every evolution and iteration of the Porsche 911 was on offer at Broad Arrow’s 2026 Air|Water Auction, including a pair of stunning examples Reimagined by Singer. A 1990 Porsche 911 Coupe Reimagined by Singer known as the “Lindsey Commission” demonstrated Singer’s refined restraint with its custom Light Ivory exterior, Cumin leather interior, and Nickel-finished trim and quilted leather details throughout. The Classic Coupe sold for a final $1,022,500. Later in the sale, an elegant 1992 Porsche 911 Targa Reimagined by Singer known as the “Rio Commission” sold for $1,160,000, finished in Paint to Sample Bespoke Green over an opulent interior trimmed in Burgundy and Sunset Orange leather with 18-karat gold detailing.
Amongst many additional highlights, it was the rarely seen Power kit-equipped 911s that stood out, with all examples commanding extended bidding battles throughout the sale. A 1998 Porsche 911 Turbo S WLS2 led the pack. Earning significant pre-sale interest, this is one of only 160 Rest of World (RoW) 993-generation 911 Turbo S examples fitted as standard with the 450-horsepower (XLC) WLS2 Power Kit. Exceptionally ordered in Vesuvio Metallic, a coveted present-day Paint to Sample hue, over a full Black leather interior, this was an incredible example of the most powerful air-cooled 911 Turbo for the street ever offered. With competitive bidding from start to finish, the 911 Turbo S WLS2 sold for a final $681,500, exceeding its pre-sale estimate of $575,000 to $625,000.
As soon as bidding opened for a 1989 Porsche 911 Turbo Coupe WLS , equipped with the ultra-rare WLS performance package from Porsche Exclusive, it accelerated at lightning speed, landing at a final $390,000. Rounding out the group, a 1997 Porsche 911 Carrera 4S WLS 3.8 — a German-market example retained by Porsche from new for internal use—sold for $263,200.
Top Ten Sales – Broad Arrow Porsche Air|Water Auction 2026
|
2015 Porsche 918 Spyder Weissach Package | $4,680,000 |
|
2025 RUF SCR | $2,095,000 |
|
1992 Porsche 911 Targa Reimagined by Singer | $1,160,000 |
|
1990 Porsche 911 Coupe Reimagined by Singer | $1,022,500 |
|
2011 Porsche 911 GT3 RS 4.0 | $995,000 |
|
2016 Porsche 911 R | $747,500 |
|
2023 Porsche 911 Sport Classic | $714,500 |
|
1998 Porsche 911 Turbo S WLS2 | $681,500 |
|
2018 Porsche 911 GT2 RS | $555,000 |
|
2025 Porsche 911 GT3 RS Weissach Package | $483,500 |
Complete results from Broad Arrow’s 2026 Porsche Air|Water Auction are available at broadarrowauctions.com. Next on Broad Arrow’s live auction calendar, the auction house returns to the shores of Lake Como in Italy on May 16-17 for its second annual sale as the official auction of the Concorso d’Eleganza Villa d’Este. The complete digital catalog for the auction is now available, featuring more than 75 exceptional collector cars and a selection of sought-after memorabilia, led by a bespoke 2018 Pagani Zonda Unica and a just-announced 2023 Ferrari Daytona SP3.
Additional information on upcoming auctions as well as bidder registration is available at broadarrowauctions.com. Members of the media with any questions are invited to reach out to the Broad Arrow Press Team at [email protected] .
NOTE: All prices are listed in USD and include buyer’s premium, which is equal to the sum of twelve percent (12%) of the first $250,000 of the Hammer Price and ten percent (10%) of the amount by which the Hammer Price exceeds $250,000 for all motor car lots. For non-motor car lots (including motorcycles), Buyer’s Premium is equal to twenty-five (25) percent of the Hammer Price. Results include select transactions that occurred immediately following the close of the auction.
Editor’s Notes
Photo Credit: All images by Robin Adams/Courtesy of Broad Arrow Auctions.
About Broad Arrow Auctions
Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is a leading global collector car auction house founded in 2021 by industry veterans. As the fastest-growing auction house in its segment, Broad Arrow connects exceptional collector cars with enthusiasts worldwide through flagship events including The Broad Arrow Quail Auction (the official auction of The Quail, A Motorsports Gathering) , The Amelia Concours Auction (the official auction of The Amelia Concours), The Porsche Auction in collaboration with Air | Water by Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn Las Vegas, as well as international auctions held in partnership with Concorso d’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.
Learn more at broadarrowauctions.com and follow us on Instagram , Facebook , LinkedIn , and X .
About Hagerty, Inc. (NYSE: HGTY)
Hagerty is a company built by drivers for drivers, protecting 2.7 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, as well as the Hagerty Drivers Club, the world’s largest community of car lovers.
For more information, please visit www.hagerty.com or www.newsroom.hagerty.com .
Forward-Looking Statements - This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. All statements provided, other than statements of historical fact, are forward-looking statements, including those regarding Hagerty’s future operating results and financial position, Hagerty’s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty’s objectives for future operations. The words “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “ongoing,” “contemplate,” and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements.
Hagerty has based these forward-looking statements largely on current expectations about future events, which may not materialize. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. These factors include, among other things, Hagerty’s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (“HDC”) subscribers; (ii) maintain key strategic relationships with our insurance distribution and underwriting carrier partners; (iii) prevent, monitor, and detect fraudulent activity; (iv) manage risks associated with disruptions, interruptions, outages or other issues with our technology platforms or our use of third-party services; (v) accelerate the adoption of our membership and marketplace products and services, as well as any new insurance programs and products we offer; (vi) manage the cyclical nature of the insurance business, including through any periods of recession, economic downturn or inflation; (vii) address unexpected increases in the frequency or severity of claims, and (viii) comply with the numerous laws and regulations applicable to our business, including state, federal and foreign laws relating to insurance and rate increases, privacy, the internet, and accounting matters.
The forward-looking statements herein represent the judgment of Hagerty as of the date of this release and Hagerty disclaims any intent or obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. This press release should be read in conjunction with the information included in Hagerty’s other press releases, reports and other filings with the Securities and Exchange Commission. Understanding the information contained in these filings is important in order to fully understand Hagerty’s reported financial results and its business outlook for future periods.
Attachments
- Top-selling 2015 Porsche 918 Spyder Weissach at Broad Arrow's 2026 Porsche Air|Water Auction at The OC Fair & Event Center
- Eye-catching 2025 RUF SCR at Broad Arrow's 2026 Porsche Air|Water Auction at The OC Fair & Event Center