Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce the consignment of the historic 1959 Porsche 718 RSK Spyder 'Lucybelle III', chassis 718-024, (estimate $3,500,000 - $4,500,000), to its Amelia Island Auction, being held this March 1-2 at the stunning Amelia Island Ritz Carlton. The Porsche 718 RSK Spyder has an impressive period history having been sold new to American race car driver and former Le Mans winner Ed Hugus. Hugus raced 718-024 in the instantly recognizable 'Lucybelle III' livery at the 1959 24 Hours of Le Mans, and in the subsequent years, the Porsche was raced in both USAC and SCCA events as well as at the grueling Pikes Peak Hillclimb in 1962 where it finished Fourth in Class.

The 718 RSK has recently benefitted from an outstanding, meticulous and award-winning restoration by renowned restorer Mark Allin and his team at Rare Drive, Inc. That restoration painstakingly returned the Porsche back to the exact and original specification and presented in the period correct 'Lucybelle III' livery as raced in the 1959 24 Hours of Le Mans, while preserving major components of the car. The attention to detail and factory correct accuracy throughout the restoration is breathtaking, down to the white exterior paint, finished on top of German Racing Silver, as correct when the car first raced at 'la Sarthe'. Since then, the RSK has been shown extensively having starred at the Pebble Beach Concours d'Elegance where it won a class award and the Audrain Newport Concours d'Elegance where it won a First in Class and was exercised on the Colorado Grand.

Now in its second year of being the official auction company of The Amelia, Broad Arrow Auctions continues to assemble a stellar lineup of consignments for the auction across all decades of motoring, with the Porsche joining other highlights such as the 2020 McLaren Speedtail (estimate: $2,000,000 - $2,400,000) and 1947 Delahaye 135 M Abbott Roadster (estimate: $700,000 - $900,000).

Broad Arrow will kickstart its 2023 calendar with the company's inaugural Amelia Auction and debut as the official auction of The Amelia. Set for March 1-2 at The Ritz-Carlton, Amelia Island, the Amelia Auction will feature exceptional collector cars ranging from pre-war classics to modern supercars. Collectors interested in consigning their car(s) to this world-class event are invited to contact a Broad Arrow specialist via broadarrowauctions.com.

About Broad Arrow, a Hagerty Company - Broad Arrow, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors with a commitment to integrity, trust, and innovation. Broad Arrow operates Broad Arrow Auctions, Broad Arrow Capital, and Broad Arrow Private Sales (formerly Collectors Garage) and is headquartered in Grosse Pointe, Michigan. For more information, please visit connect with us on Facebook, Instagram, Twitter and LinkedIn.

Photo credit: Dan Vaughan / conceptcarz.com
Broad Arrow Auctions
posted on conceptcarz.com

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