The international auction house Gooding & Company closed the year 2021 with success in terms of both overall growth and the price-performance front. Through seven Geared online digital auctions and the highly anticipated return to the live auction stage at Pebble Beach, the company achieved sales of over $ 150 million and reported an incredibly profitable year following the global instability of 2020.
Gooding & Company points to steady growth, selling a total of 1,044 lots with a sales rate of 88 percent for all vehicles auctioned and a staggering 100 percent sales rate for all automobilia.
In addition, the auction house sold 36 cars, each valued at over $ 1 million. Notably, the average price per car sold that year was an industry-leading $ 608,014.
The company made global headlines in Pebble Beach in August when a 1995 McLaren F1 broke a new record for the model at $ 20,465,000.
Read more at VintageMotorsport.com.
