Bonhams Miami Auction Nets $12.6 Million Despite Unsold Brawn F1 Car

May 7, 2025 2 min read
Bonhams Miami Auction Nets $12.6 Million Despite Unsold Brawn F1 Car

Singer restomod, rare Bugatti, and multiple Ferraris headline a lively night at Bonhams' second Miami Grand Prix auction.


While Oscar Piastri dominated the Miami Grand Prix, Bonhams made headlines of its own Saturday night, earning over $12.6 million during its second annual Miami Auction, held trackside at the Miami International Autodrome.

Despite the evening's headlining car—a 2009 Brawn BGP001 Formula 1 chassis—failing to meet reserve, bidding remained strong across the board, with collectors flocking to rare supercars and bespoke builds.

The event, held in partnership with South Florida Motorsports, was staged dramatically in front of the Grand Prix winner’s podium. More than 250 in-person attendees watched as top-tier vehicles were driven onto the stage before bidding opened. Bids were also accepted via phone and online.

Among the biggest sales was a 1990 Porsche 911 restomod reimagined by Singer’s Classic Turbo services, which fetched $1.68 million, just under its $1.75 million low estimate. As the first Classic Turbo example to ever cross the auction block, the heavily customized 964-generation Porsche drew major interest despite collector preferences often leaning toward originality.

Another major draw was a 1994 Bugatti EB110 GT, which sparked a flurry of photographs as it rolled out under the lights. While Bonhams withheld the final hammer price, the car was estimated between $1.45 million and $1.65 million.

Additional highlights included:

  • 2019 Ford GT Carbon Series in Epic Orange – Sold for $828,000
  • 1971 Alfaholics GTA-R restomod – $392,000
  • 2005 Ferrari Superamerica – $403,200
  • 2014 Ferrari 458 Italia – $257,600
  • 1991 Ferrari Testarossa – $156,800

A 1970 Plymouth Hemi Superbird also made an appearance, reinforcing the diversity of the auction lineup.

The sale wasn’t limited to cars. Motorsport memorabilia drew strong bids, including Charles Leclerc’s 2020 Ferrari F1 helmet ($57,600) and Fernando Alonso’s 2004 Renault helmet ($38,400). A VIP British Grand Prix experience with Sir Jackie Stewart sold for $80,000, with proceeds benefitting his Race Against Dementia charity.

Bonhams consignment specialist Louis Frankel noted a shift in the market, with more buyers favoring personalized, drivable cars over museum pieces. “Collectors are going back to things they want to drive,” he said.

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