Inside the $100M Supercar Auction Boom
By BloombergThe collectible car market is accelerating, fueled by rising demand for so-called modern classic supercars from brands including Lamborghini, Ferrari and Bugatti. Broad Arrow is capitalizing on that momentum. The auction house delivered more than 624-million dollars in total sales last year and expects to generate more than 100-million dollars next week at its Amelia Island auction. Kenneth Ahn, President of Broad Arrow Auctions, joined Bloomberg Open Interest to talk about the market.
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