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# More than $1 billion changes hands across Monterey Car Week auctions
- URL: https://torquecafe.com/monterey-car-week-auction-results/
- Published: 2026-08-19T02:05:04.000Z
- Updated: 2026-08-19T02:05:04.000Z
- Description: The Monterey Car Week auctions have broken records, with eye-watering sums for some very prestigious vehicles.
- Author: Jordan Mulach
- Tags: News, Supercars & Exotics, Classics & Unique

The 2026 Monterey Car Week is over, and while much of the focus was on new-vehicle reveals, the event also hosts multiple high-end auctions, which this year broke records.

Figures compiled by US automotive insurance giant [*Hagerty*](https://www.hagerty.com/media/market-trends/2026-monterey-car-week-auctions-shatter-record-with-756m-in-sales/?ref=torquecafe.com) show a total of 853 vehicles were sold at official, Monterey Car Week-sanctioned auctions, run by five of the nation’s biggest firms – RM Sotheby’s, Gooding Christie’s, Mecum, Broad Arrow, and Bonham’s.

According to the company, the cumulative total of the 853 auctions was US$755.6 million (A$1.07 billion), representing a huge increase on the 2025 figures of US$432.8 million (A$611.8 million).

![](https://storage.ghost.io/c/a9/b3/a9b3e204-3117-4792-9a32-46184029df44/content/images/2026/08/Screenshot-2026-08-19-at-11.58.13---am-1.png)

1964 Shelby Cobra Daytona Coupe, image credit: [Gooding Christie's](https://www.goodingco.com/lot/1964-shelby-cobra-daytona-coupe?ref=torquecafe.com)

The total could have been higher, as 271 of the 1124 lots reportedly didn’t sell, though the 76 per cent sell-through rate matched the 2025 results.

*Hagerty* calculated the average sale price at the 2026 Monterey Car Week auctions was US$885,765 (A$1.25 million), again a jump over 2025 where the average price was US$529,034 (A$747,780).

The most expensive car to go under the hammer was a 1964 Shelby Cobra Daytona Coupe – the only example to have been personally owned by Carroll Shelby – which was estimated to sell for more than US$25 million (A$35.3 million) but ended up being sold for US$42.905 million (A$6.065 million).

![](https://storage.ghost.io/c/a9/b3/a9b3e204-3117-4792-9a32-46184029df44/content/images/2026/08/ferrari-luce-chassis-0-1-1.jpg)

Ferrari Luce Chassis 0

In doing so, it became the most expensive American car to ever be sold at auction.

For context, the most expensive Australian car sold at an auction was a [HSV GTSR W1 Maloo painted in XU3 Yellah](https://torquecafe.com/holden-news-maloo-ute-sets-auction-record/), which last year went for A$1.2 million (US$848,965).

Just behind it in the sale price rankings was the [first example of the Ferrari Luce](https://torquecafe.com/ferrari-news-luce-most-expensive-new-car-auction-40-million/), the brand’s first EV, designed by former iPhone designer Jony Ive’s agency LoveFrom.

![](https://storage.ghost.io/c/a9/b3/a9b3e204-3117-4792-9a32-46184029df44/content/images/2026/08/748216000_18608535325054245_1116131328293816906_n-2-1.jpg)

McLaren F1 GTR Chassis 10R

At a charity auction, Luce Chassis 0 was sold for US$40 million (A$56.5 million), giving it the honour of being the world’s most expensive new car, with all proceeds going to The Ferrari Foundation.

On the last step of the podium was the [1996 McLaren F1 GTR](https://torquecafe.com/ex-pink-floyd-drummers-mclaren-f1-could-set-a-record/) (chassis 10R) which was formerly owned by Pink Floyd drummer Nick Mason until 2024, going for a hammer price of US$34.655 million (A$48.984 million), a new record for the F1 nameplate at auction.

In total, the top 10 most-expensive cars at the auctions sold for a combined US$223.1 million (A$315.35 million), making it the richest week in car auction history.