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Gooding & Company achieved a new top figure for an auction at Amelia Island with total sales of $72,676,188 (£61,098,144). The company also sold the most expensive car in the history of sales at this event and recorded new world record prices for a number of cars.

The biggest price achieved at Amelia Island was for a 1962 Ferrari 250 SWB California Spider sold by Gooding & Company for $18,045,000 (£15,170,251).

There were new world record prices in the Gooding & Company sale for a 1955 Alfa Romeo SSZ that made $1,545,000 (£1,298,866), while a Ferrari 256 GTS sold for $967,500 (£813,367).

Proving the market is strong for newer classic models, a 1997 RUF BTR2 made a new world record of $720,000 (£605,296).

David Gooding, President and Founder of the auction firm, said: ‘Amelia Island is a hallmark sale in the collector car world that consistently brings the greatest automobiles to market and sets the tone of the entire industry for the remainder of the year.

‘Led by the sale of our star car, and the highest sale of the year thus far, the covered headlamp Ferrari California Spider, we are confident that 2023 will be yet another unprecedented year of success for our company and the market at large.’