Gooding and Company Porsche 917 auction

When we initially reported on the incredible Drendel Family Porsche collection that would be up for sale at Gooding & Company's Amelia Island auction, we figured that many of the cars would command impressive sums. Now that it's over, we doubt that even the auction house could have guessed just how successful the sale could be.

Held in conjunction with the Amelia Island Concours in the beginning of March, the auction smashed eleven world records for Porsches. A 1973 Porsche 917/30 Can-Am Spyder broke the record for both the most expensive Porsche and a 917 at $4.4 million, a 1955 Porsche 550 dropped the hammer at a record $3.685 million, and a 1974 Porsche 911 Carrera RSR Turbo sold for $3.245 million. Other records broken include top prices for a Porsche 935, 962, 911 GT1, 906, 934, 924, 968 and 944. In total, ten cars sold for more than a million dollars, and all sales combined for a final sum of $36 million.

See below for more details on Gooding & Company's 2012 Amelia Island auction as well as a full list of the most expensive cars sold.
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AMELIA ISLAND, Fla. (March 10, 2012) – Gooding & Company, the acclaimed auction house celebrated for selling the world's most significant and valuable collector cars, is thrilled to announce more than $36 million in sales from 70 out of 77 lots sold at its Amelia Island Auction yesterday, more than doubling its results from 2010 and establishing a new auction record for Amelia Island. Led by many extraordinary Porsche racing cars that were part of the Drendel Family Collection, 11 world records were achieved. The top-selling lot of the weekend in Amelia Island, the 1973 Porsche 917/30 Can-Am Spyder sold for $4.4 million and is now the most valuable Porsche ever sold at auction in the world.

President and founder David Gooding and Auctioneer Charlie Ross entertained guests throughout the day's many auction highlights, which included lively bidding wars, more than ten individual sales over a million dollars and a surprise stage appearance by Derek Bell. The renowned race car driver introduced the significant 1984 Porsche 962, which he piloted in one of the most competitive races in Daytona history.

In addition to the exceptional 17 Drendel Family Collection Porsches that sold for more than $17.7 million, Gooding & Company auctioned off a wide variety of unique collector cars, such as the 1955 Porsche 550/1500 RS Spyder that sold for $3.685, the 1951 Ferrari 212 Inter Coupe that sold for $1.375 million and the 1948 Tucker 48 that sold for $1.32 million.

"We are extremely pleased with our $36 million auction results, as it underscores the continued strength at the top of the collector car market," says David Gooding, President and founder. "I'm proud of our team, delighted for our clients and I believe we managed to raise the bar this weekend on many levels."

In response to the successful results, Charlie Ross, Gooding & Company's acclaimed auctioneer said, "Yet again, our Amelia Island Auction proved that, if you have the best, the sky is the limit!"

Gooding & Company realized 11 outstanding world records yesterday, listed as follows:
• The 1973 Porsche 917/30 Can-Am Spyder (lot 57) at $4,400,000, a double world auction record for a Porsche and a 917.
• The 1955 Porsche 550/ 1500 RS Spyder (lot 15) at $3,685,000, a world auction record for a Porsche 550 Spyder.
• The 1974 Porsche 911 Carrera RSR Turbo 2.14 (lot 55) at $3,245,000, a world auction record for a Porsche 911.
• The 1976 Porsche 935/76 (lot 47) at $2,530,000, a world auction record for a Porsche 935.
• The 1984 Porsche 962 at $1,925,000 (lot 53), a world auction record for a Porsche 962.
• The 1997 Porsche 911 GT1 Evolution (lot 49) at $1,265,000, a world auction record for a Porsche 911 GT1.
• The 1967 Porsche 906E (lot 69) at $1,001,000, a world auction record for a Porsche 906.
• The 1976 Porsche 934 (lot 51) at $891,000, a world auction record for a Porsche 934.
• The 1980 Porsche 924 GTP (lot 48) at $385,000, a world auction record for a Porsche 924.
• The 1992 Porsche 968 Turbo RS (lot 60) at $346,500, a world auction record for a Porsche 968.
• The 1981 Porsche 944 GTP (lot 58) at $308,000, a world auction record for a Porsche 944.

Gooding & Company's top ten results from Friday's auction are as follows:
• 1973 Porsche 917/30 Can-Am Spyder at $4,400,000 (lot 57)
• 1955 Porsche 550/1500 RS Spyder at $3,685,000 (lot 15)
• 1974 Porsche 911 Carrera RSR Turbo 2.14 at $3,245,000 (lot 55)
• 1976 Porsche 935/76 at $2,530,000 (lot 47)
• 1984 Porsche 962 at $1,925,000 (lot 53)
• 1951 Ferrari 212 Inter Coupe at $1,375,000 (lot 71)
• 1948 Tucker 48 at $1,320,000 (lot 78)
• 1997 Porsche 911 GT1 Evolution at $1,265,000 (lot 49)
• 1971 Ferrari 365 GTB/4 Daytona Spider at $1,001,000 (lot 33)
• 1967 Porsche 906E at $1,001,000 (lot 69)

*Prices are in US Dollars, including buyer's premium. Gooding & Company is not responsible for typographical errors or omissions.

A complete list of prices realized is posted on Goodingco.com following every auction.