3-Day Auction at State Farm Stadium Exceeds Expectations and
Raises the Bar for Future Success
WALWORTH, WI – March 24, 2021 – (Motor Sports NewsWire) – Mecum Auctions, the world’s largest collector car auction company, outdid itself once again, setting a new record-high sales total for its Glendale, Arizona, auction. Held March 18-20 at State Farm Stadium, the 2021 auction reached $42.3 million in overall sales totals, a more than 14% increase over Mecum’s first auction in Glendale, which itself had been a record-setting event as the highest-grossing inaugural event in company history.
A total of 712 of the 829 offered vehicles hammered sold for an exceptional 86% sell-through rate, and the auction’s top seller achieved a sale price of $2.7 million. The top-selling 1967 Chevrolet Corvette L88 Coupe (Lot S122.1) was an award-winning car that boasted an original legendary L88 engine, easily shooing it into the multimillion-dollar collector car category.
“The success of this auction in only its third year is unprecedented,” Mecum Chief Operating Officer Sam Murtaugh noted. “By exceeding $42 million in sales in only three days, the Glendale, Arizona, event has officially established itself as the third largest auction on the Mecum calendar. The success and continued growth would not be possible without the natural synergy that has developed with our partners at State Farm Stadium and the gracious host city of Glendale. Mecum is excited to compound the momentum in Arizona, and we all look forward to 2022 by making it bigger and better than ever.”
Other notable vehicles to land among the top-10 sellers in Glendale included a trio of Ferraris from the headlining 20-vehicle Steve Todhunter Collection, which sold in its entirety for an overall total of $6.08 million. It was a 2016 Ferrari F12tdf (Lot S105) that landed the second seat in top sales at $880,000, followed by a 2011 Ferrari 599 GTO (Lot S103) in third with a $720,500 sale. Todhunter’s 2006 Saleen S7 Twin Turbo (Lot S109) nabbed the fourth spot among top auction sales with a $605,000 price tag.
Another main attraction collection in Glendale was the diverse Napa Valley Collection of 18 classic vehicles, which saw a 100% sell-through rate for a total of $2.1 million. Four of the collection’s cars broke into the six-figure range with a 1973 Porsche 911 Carrera RS 2.7(Lot F123) claiming the fifth spot among top auction sales at $495,000 and a 1970 DeTomaso Mangusta (Lot F120) just shy of making the list at $302,500.
The complete top 10 collector-car sales at the Glendale 2021 auction include:
- 1967 Chevrolet Corvette L88 Coupe (Lot S122.1) at $2,695,000
- 2016 Ferrari F12tdf (Lot S105) at $880,000
- 2011 Ferrari 599 GTO (Lot S103) at $720,500
- 2006 Saleen S7 Twin Turbo (Lot S109) at $605,000
- 1973 Porsche 911 Carrera RS 2.7 (Lot F123) at $495,000
- 2014 Mercedes-Benz SLS AMG Black Series (Lot S101) at $451,000
- 2001 Ferrari 550 Barchetta Pininfarina (Lot S106) at $440,000
- 2019 Porsche 911 Speedster (Lot F104) at $440,000
- 1970 Ford Mustang Boss 429 Fastback (Lot S114) at $385,000
- 2018 Mercedes-Benz G550 Brabus Edition (Lot S220) at $379,500
For access to complete auction results, sign up for a free MyMecum account at Mecum.com. Mecum Auctions is busy prepping for an action-packed spring season with Houston 2021 just on the horizon—slated for April 8-10 at NRG Center—and two more of the company’s biggest auctions to follow: the world’s largest Vintage & Antique Motorcycle Auction set for April 28-May 1 in Las Vegas and the company’s flagship event, Dana Mecum’s 34th Original Spring Classic slated for May 14-22 in Indianapolis. For more details on upcoming auctions, to consign a vehicle or to register as a bidder, visit Mecum.com, or call (262) 275-5050 for more information.
About Mecum Auctions
The Mecum Auction Company is the world leader of collector car, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for more than 30 years, now offering more than 20,000 lots per year and averaging more than one auction each month. The company today has expanded its catalog of offerings to include a wide array of collectibles encompassing entry-level to investment-grade classic and collector cars, vintage and antique motorcycles, signs and memorabilia items like gas pumps, pedal cars and clocks, and even collector-grade tractors and farm relics. Mecum Auctions is headquartered in Walworth, Wisconsin, and since 2011 has been ranked No. 1 in the world with number of collector cars offered at auction, No. 1 in the world with number of collector cars sold at auction, No. 1 in the U.S. with number of auction venues, No. 1 in the U.S. in total dollar volume of sales, and is host to the world’s largest collector car auction held annually in Kissimmee, Florida, as well as the world’s largest motorcycle auction held annually in Las Vegas.
Source: Mecum Auction, Inc.