Monterey Car Week Auctions Pull in $762 MillionGooding Christie's"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links."Monterey Car Week has come and gone once more, leaving a pile of new supercars and one-off creations in its wake. Now that the festivities are officially behind us, we can finally confirm that this year's auctions were truly a record-setting affair, with the five major auction houses generating some $762 million in total sales, including premiums and charity events.According to Hemmings, RM Sotheby's, Gooding Christie's, Mecum, Broad Arrow, and Bonhams all combined to move over three-quarters of a billion dollars worth of cars between Thursday, August 13, and Saturday, August 15. Not only is that a new all-time record for the Car Week auctions, it utterly destroys the previous $471 million record set back in 2022. To further reiterate how crazy of a jump that is, last year's auction totals came in at an estimated $433 million. That's a difference of 76 percent.Darin Schnabel ©2026 Courtesy of RM Sotheby'sHemmings notes that there were around 1133 vehicles offered across the major auction houses during Monterey, with 859 units managing to find their next owner. That represents a 76 percent sell-through rate across all houses. Gooding Christie's sellers had the best luck with a 94 percent sell-through rate, followed closely by RM Sotheby's at 87 percent; Broad Arrow rounded off the podium with an 85 percent sell-through rate of its own. Perhaps more interestingly, 142 cars traded hands for more than $1 million, helping to ensure the average sale price across the entire week was $887,399. (Last year, that number sat closer to $525,000.) 11 cars traded hands for more than $10 million a piece.AdvertisementAdvertisementThe star of the shows was a one-of-seven Shelby Cobra Daytona Coupe, which traded hands for $42,905,000. The first Ferrari Luce followed closely behind, hitting $40,000,000 as part of a charity auction. A McLaren F1 GTR captured $34,655,000, securing its place as the most expensive McLaren and most expensive British car ever auctioned. One of Chevrolet's Corvette Grand Sport racers crossed the block in a rare public sale, setting a new high-bar for the breed with a $18,705,000 hammer price. And other Ferraris were also well-represented, with two Enzos, two F50s, and a 288 GTO all capturing more than $10 million apiece; Some of the brand's other icons also came close to reaching that figure, with an F40 selling for $8,365,000 and a LaFerrari trading hands at $8,695,000.Gooding Christie'sPersonally, I'm hoping this new slate of owners aren't too afraid to actually drive some of these very valuable machines moving forward, but as prices continue to push skyward, that seems like a less and less likely possibility. As different as Car Week has become in recent decades, that's one part of these sales that the enthusiast community isn't quite used to yet.You Might Also LikeIf You Can Only Own One Car, Make It One of TheseThese Are the Most Popular Cars by State