Despite stormy weather, RM Sotheby's ModaMiami 2026 auction on February 27 at the Biltmore Hotel in Coral Gables, Florida, posted strong results with an 89% sell-through rate across 90 lots and 18 cars over $1 million. A 1959 Ferrari 250 GT LWB California Spyder topped sales at $7.045 million, while Ferraris outperformed estimates and Aston Martins lagged.
The third consecutive standalone Miami auction during ModaMiami weekend generated robust bidding for classic and modern cars. Previous years yielded over $50 million in 2024 and nearly $75 million in 2025.
Ferraris dominated top results. The star was the 1959 Ferrari 250 GT LWB California Spyder (chassis 1431 GT), one of 30 steel-bodied examples and the 28th of 50 produced. Featuring covered headlamps, drum brakes, nero paint, and nero leather interior, it had US ownership history including Avi Brand, Carl Schulze, William Jacobs, and multiple restorations. It sold for $7.045 million, above its $6.5-$7.5 million estimate.
Other high achievers included a 2015 Ferrari LaFerrari at $6.88 million—a model record—with 554 miles, black-over-black, and unique options; this was the sixth standard LaFerrari coupe over $5 million at auction. A 1992 Ferrari F40 fetched $5.23 million (third-highest for a standard F40), a late Italian-market example with 1,418 km, factory markings, and a 2025 Cavallino Platinum Award.
Additional Ferraris exceeded estimates: 1999 550 Maranello ($307,500 vs. $225,000-$275,000, 2,984 miles); 1990 Testarossa ($395,000 vs. $175,000-$200,000, low miles, beige/red interior); 1989 348 Serie Speciale tb ($335,000 vs. $225,000-$275,000, one of 35 coupes, Blu Sera); and 2017 F12tdf Atelier ($1.8-$2.2 million estimate).
Hypercars rounded out top sales: 2024 Bugatti Bolide ($4.955 million, 77 test miles); 2017 Pagani Huayra Roadster ($3.415 million, #39/100, Rosso Dubai/exposed carbon, 312 miles); 2005 Porsche Carrera GT ($3.305 million model record, GT Silver, 603 miles, US-spec)—the second over $3 million by RM Sotheby's in 2026.
Aston Martins struggled, with only two of seven meeting estimates: 2020 DB4 GT Zagato Continuation ($1.27 million vs. $1.5-$2 million); 2022 DBS GT Zagato ($758,500 vs. $1-$1.5 million, #19/19, 271 miles); 2016 V12 Vantage GT3 ($291,000 vs. $350,000-$500,000); 2021 Vantage GTE ($224,000 vs. $250,000-$350,000); 2021 Vantage GT3 ($201,600 vs. $250,000-$350,000).
Other notables: 1937 Packard 1507 Twelve Coupe Roadster ($329,500 vs. $225,000-$275,000); Lamborghini Miura P400S ($1.875 million vs. $2-$2.25 million). The 1967 Ford GT40 Mk1 (one of 31 road cars, Gulf Oil history) failed to sell vs. $6.5-$8.5 million.
Overall, results showed strength above $1 million, mostly at or near mid-estimate, with just eight unsold lots.
