Global bidders smash records at 2024 L’Astarossa auction

The ‘all things Ferrari’ L’Astarossa auction, which was held during the 2024 edition of Top Marques Monaco, attracted intense rounds of bidding from keen collectors around the world.  

Organised against the backdrop of the Top Marques supercar event at the Grimaldi Forum in early June, the second edition of the L’Astarossa auction held in the Principality was conducted in a live format on 8th June.  

See more: Exclusive all-Ferrari L’AstaRossa auction to coincide with Top Marques

A brand buoyed by the historic win of Monegasque Scuderia Ferrari driver Charles Leclerc at the Monaco Grand Prix just a few weeks prior to the event, the auction featured all manner of Ferrari-related items, from rare cars to artworks and memorabilia.

Despite the global collectable car market experiencing a slowdown in sales in recent months, the L’Astarossa auction was deemed a strong success, with almost 95% of the vehicles and collectable items selling on the day of the event.  

See more: F1: Charles Leclerc brings home the win at the Monaco Grand Prix

Among these was an ASA 1000 GT and an illuminated F40 sign, which sold for more than €17,000 following a particularly intense round of bidding.  

But one of the biggest hits was a painting by Philippe Shangti. ‘Luxury Car Pollution’ fetched an impressive €300,000, setting a new record for a living French photographer.

The auction attracted international attention, with items sold to buyers in various countries, including the United States and several European countries.  

Laurent Blomet, the founder of Monaco Car Auctions, the company that managed the event, told Monaco Life, “Having recently entered the international auction house market with a fresh perspective, we are proud to have offered an eclectic and emblematic collection, blending works of art, iconic objects and a wide selection of Ferrari vehicles.” 

 Read related:

Top Marques Monaco 2024 kicks off with record number of debuts


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