Last week’s automotive auction held in Monterey, Calif. saw almost $400M in automotive sales, putting the 2014 Pebble Beach auction down in the record books.
The event has became an annual festival up in Monterey, Calif. during Monterey Car Week that has grown larger with time. In fact, the $400M total of all cars sold this year was 28 percent higher than the total for 2013, despite the fact that only 60 percent of the lots offered managed to sell.
A rare 1962 Ferrari 250 GTO sold for $34M at the auction, breaking the record for most expensive car to ever be sold at a public auction.
The famed Italian brand also saw one of its 1954 Ferrari 375 MM Scaglietti Coupes beat 217 other cars at the 2014 Concours d’Elegance, which coincides with the Pebble Beach auction, to take home the "best of show" award.
Autoweek reports that out of the 745 lots that sold during the event, these 10 cars sold for the highest (after buyer fees):