Bonhams Extends Partnership with Audrain Concours Foundation
Auction House Signs New Three-Year Deal to Stage Bonhams Audrain Concours Auction

Maarten Ten Holder, Managing Director Bonhams Motoring, with Donald Osborne, Audrain CEO, in the Bonhams Marquee at the Goodwood Members Meeting

Bonhams, the world record-setting auction house, has extended its partnership with Audrain Concours Foundation for a further three years. Under the new long-term agreement, the auction house will hold the Bonhams Audrain Concours Auction, which had its debut last year, at the prestigious Audrain Newport Concours & Motorweek in Rhode Island through to 2024.

Last year's inaugural sale, staged in the Von Auersberg Building in the heart of the Motor Week's Concours Village, was a resounding success achieving a total of more than $10 million. A 1955 Mercedes-Benz 300SL Gullwing, offered from the San Francisco Academy of Art University's Classic Automobile Museum. which realised $1,556,000, led the selection of collectors' cars, carefully curated by Bonhams Motorcar Department to reflect the Motor Week theme of 'history, luxury & sport.'

The extended agreement between the two parties covers an annual commitment to Audrain by Bonhams, which recently included the auction house's support of the Veteran Motor Tour staged in Rhode Island.

Maarten Ten Holder, Managing Director, Bonhams Motoring, commented: "We were delighted with our debut sale and are so pleased to make this long-term commitment to Audrain, which is the fastest growing event in the US Northeast.

"We look forward to returning to Newport, which provides the perfect setting for our sale, and to working with Donald Osborne and his professional and enthusiastic team to develop the Concours and Motor Week into the premier US Fall gathering."

Donald Osborne, Audrain CEO, added: "We are thrilled to confirm Bonhams as a long-term partner to Audrain and we look forward to welcoming the team back to Newport for their second auction in September."

The Audrain Newport Concours & Motor Week debuted to worldwide acclaim in 2019, staged in Newport, which hosted the US' earliest concours and motor race, the Vanderbilt Cup. Its activities have since expanded to include various motoring tours and track days.

Audrain Motorsport, part of the Audrain family, was also the presenting sponsor of this weekend's Goodwood Members Meeting at the Goodwood Motor Circuit, where Bonhams staged its successful first UK sale of 2022, with a 90% sale rate, with highlight lots including a 1964 Aston Martin DB5 Sports Saloon, offered from more than 50 years' ownership, which raced past its pre-sale top estimate to achieve more than £500,000 and an Albatross motorboat formerly belonging to HRH the late Prince Philip, Duke of Edinburgh which sold for £69,000, setting a new auction world record for an Albatross craft.

The Bonhams Audrain Concours Auction 2022 will take place on September 30, 2022.

14 April

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