The annual Amelia Island vehicle auction is a prestigious fixture on the global classic car calender and this year’s event has proven to be a record breaker. The U.S-based auction saw more than $24.3 million USD worth of metal going under the hammer from an assortment of classic performance and luxury cars.

This year’s big seller was a stunning 1952 Ferrari 340 Mexico Vignale Coupe, which achieved a huge $4.3 million USD ($5.8m NZ).

With chassis number 0224 AT, the classic Ferrari was one of only three ever built and has a racing history that includes a number of wins. The car belonged to Ferrari enthusiast and FCA co-founder Larry Nicklin and was campaigned in the Carrera Panamericana Mexican road races, achieving a third placing in the 1952 race. Under the Ferrari’s bonnet lies a 280 horsepower 4.1-litre V-12 engine mated to a five-speed manual transmission. The vehicles chassis combines an independent front suspension set-up and a rear live axle.

There was a second Ferrari from Nicklin’s collection on auction, a very original 1953 Ferrari 212 Inter Vignale Coupe, chassis number 0267 EU, which sold for a solid $660,000 USD. The auction was the first time both classic Ferraris were sold in 30 years.

Some of the other expensive machines on sale included a 1930 Alfa Romeo 6C 1750 GS Spider selling for $990,000 USD, a 1933 Duesenberg Model J Torpedo Victoria that achieved $962,500 USD, and a 1955 Mercedes-Benz 300 SL Coupe that sold for $627,000 USD.