Articles from Broad Arrow Auctions

PHILIP KANTOR, GREGORY TUYTENS, AND PAUL GAUCHER JOIN BROAD ARROW AND BRING A COMBINED 50 YEARS OF EXPERIENCE IN THE COLLECTOR CAR AUCTION INDUSTRY | VALÉRIE SIMONET, RYAN CIGANA, AND SIMON DRAKE TO LEAD EUROPEAN OPERATIONS, CLIENT DEVELOPMENT, AND MARKETING

AMONG THE MOST IMPORTANT SPORTS RACING CARS OF ALL TIME | D-TYPE OFFERED WITHOUT RESERVE, ESTIMATED TO BRING $6.5-8.5M AT MARCH 7-8 AUCTION

Possibly the Most Original Early Ferrari Extant—Never Publicly Offered for Sale | Estimated to Bring €5.5-€7.5M at the May 24-25 Auction

Ferrari Estimated to Bring $10-14 Million at March 7-8 Auction

COLLECTION OFFERED ENTIRELY WITHOUT RESERVE

Grosse Pointe, Michigan, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce its partnership with BMW AG to become the official auction partner of the Concorso d’Eleganza Villa d’Este, starting in May 2025. As part of the Concorso d’Eleganza Villa d’Este event, Broad Arrow Auctions is expected to offer up to 70 of the highest quality collector cars for sale on the shores of Lake Como.

Grosse Pointe, Michigan, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, hosted a successful inaugural Chattanooga Auction this past Saturday, October 12, with sales totaling *$12,265,520 and **82 percent of all lots sold. Held in partnership with the Chattanooga Motorcar Festival, the preview and auction at the Chattanooga Convention Center were very well attended and drew bidders from 10 countries and 33 states across the U.S. More than 50 percent of bidders represented first-time Broad Arrow clientele.

Grosse Pointe, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, has released the complete digital catalog for its upcoming inaugural Chattanooga Auction, set for October 12, 2024 at the Chattanooga Convention Center in Tennessee. With more than 90 collector cars on offer at the single-day sale, the auction presents standout models from nearly every collecting category, from American and European classics of the 1950s to sought-after modern supercars.

Grosse Pointe, Michigan, Sept. 24, 2024 (GLOBE NEWSWIRE) -- WATCH VIDEO HOSTED BY BROAD ARROW SPECIALIST, RAY SHAFFER

Grosse Pointe, Michigan, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions is delighted to announce additional featured consignments for its inaugural Chattanooga Auction, set for October 12 in partnership with the 2024 Chattanooga Motorcar Festival.

Monterey, California, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, returned to California this past week for its third annual Monterey Auction, August 14 and 15 at the Monterey Jet Center. The two-day auction totaled $71.5 million with 85 percent of all lots sold*. New for 2024, the auction began on Wednesday evening in conjunction with Motorlux, a vibrant celebration of cars, craft and community hosted by Hagerty at the Monterey Jet Center. Watch an auction re-cap video here.

Grosse Point, Michigan, July 29, 2024 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan, July 29, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the consignment of the Retro Motors Collection of 25 collector cars, many offered without reserve,  to the upcoming Broad Arrow Auction at the Chattanooga Motorcar Festival. The outstanding collection of most late model US and European sports cars will lead the way as the anchor for Broad Arrow’s final U.S.-based auction for the 2024 calendar year. The partnership unites the fast-growing Motoring Festival, now in its fifth year, alongside a Broad Arrow boutique auction set to feature a wide array of collector cars on October 12, 2024.

Grosse Pointe, Michigan, July 25, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, proudly presents the now complete digital catalog for the upcoming Monterey Jet Center Auction on August 14 and 15. New for 2024, the auction will begin early on Wednesday evening at 5:30 pm PDT as part of Hagerty’s Motorlux celebration. The auction is accessible to all Motorlux attendees in addition to Broad Arrow clients and continues Thursday with the balance of cars being sold starting at 3:00 pm PDT.

Grosse Pointe, Michigan, July 16, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce it will present a true titan of motorsport and one of the most collectible of all Porsches extant, the 1997 Porsche 911 GT1 Rennversion, estimated at $8,500,000 - $10,500,000. Chassis 993-GT1-108 is one of just nine customer GT1s originally made and notably, the GT1 is offered directly from long-term private ownership where it has been in the hands of an esteemed Porsche collector for some time. Also of note, it was never severely damaged or dismantled and today remains in superbly presented condition. 

Grosse Pointe, Michigan, July 12, 2024 (GLOBE NEWSWIRE) -- 1913 Mercer 35-J Raceabout with Single Family Ownership Since 1959 Highlights Brass Era Brilliance at the Upcoming Broad Arrow Monterey Jet Center Auction 

Grosse Pointe, MI, July 09, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the addition of a fourth and final U.S.-based auction for the 2024 calendar year that will see approximately 100 collector cars crossing the block as part of the 2024 Chattanooga Motorcar Festival. The partnership unites the fast-growing Motoring Festival, now in its fifth year, alongside a Broad Arrow boutique auction set to feature a wide array of collector cars on October 12, 2024.

Grosse Pointe, Michigan, June 11, 2024 (GLOBE NEWSWIRE) -- June 11, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, proudly presents the 1957 Maserati 200si by Fantuzzi, chassis number 2415 and estimated at $3,300,000 - $3,600,000, as the latest headline-grabbing consignment for the 2024 Monterey Jet Center Auction at Motorlux. 

Grosse Pointe, Michigan, May 31, 2024 (GLOBE NEWSWIRE) --

Grosse Pointe, MI, May 13, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Private Sales, a Hagerty Company, is thrilled to present the 1976 McLaren M23, chassis M23-12, a rare example of one of the most celebrated chassis to have come out of the McLaren Grand Prix factory, now available for purchase offered by Broad Arrow Private Sales, with pricing available upon request. An exquisite machine, it was driven exclusively in period by Jochen Mass in six Grand Prix events and includes points finishes in Spain and Monaco and a 2nd place finish in Sweden. Complete with an unblemished, continuous history from new and documented by 1970s Formula One authority Allen Brown, it was recently race-proven in historic competition, sold with a zero-hour Ford DFV engine, a valid FIA HTP, and offered with a comprehensive spares package. Notably, the McLaren is a highly competitive entry as the youngest eligible car for Serie E (1973-1976) at the Grand Prix de Monaco Historique. 

Grosse Pointe, MI, April 30, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is pleased to announce the results for the exclusive Porsche-only auction in partnership with the first-ever Air|Water standalone event held this past Saturday, April 27th at the Orange County Fairgrounds in California.  The auction consisted of 56 cars and 41 lots of memorabilia and saw strong attendance from both registered bidders and their guests alongside show spectators, resulting in a standing-room-only atmosphere for the entire event. Total sales surpassed $15.6 with a sell-through rate of 80% for the event. 

Grosse Pointe, Michigan, April 17, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the final list of consignments for the exclusive Porsche-only auction in partnership with the first-ever Air|Water standalone event, view the complete Digital Catalogue here. Air|Water is the brainchild of Luftgekühlt founder Patrick Long, who is well-known and respected in the Porsche world and has organized world-class gatherings for the Porsche community to celebrate not only Porsches but the camaraderie of the Porsche enthusiast community. Air|Water will take place on Saturday, April 27thin Costa Mesa, California featuring both air-cooled and water-cooled Porsches of all eras. The accompanying Broad Arrow auction consists of 57 outstanding Porsche motor cars and 41 lots of Porsche-themed memorabilia and will take place starting at 11:00 am PDT, all lots are now available for viewing at here.

Grosse Pointe, Michigan, March 21, 2024 (GLOBE NEWSWIRE) -- March 21, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the addition of five new team members based in the United Kingdom and Europe: Joe Twyman, Robert Glover, Yves Boitel, Harry Wassell, and Matt Coles. Four out of five of the new members will be based in the UK, providing the foundation for a talented specialist team to handle both public and private transactions. Meanwhile, the fifth team member, Yves Boitel, will remain based in his home country of Switzerland and join Broad Arrow’s existing German specialist team of Bastian Voigt and Martin Matuschek in handling Continental Europe operations. 

Amelia Island, FL, March 04, 2024 (GLOBE NEWSWIRE) -- 4 March 2024 – Broad Arrow Auction’s sale at The Amelia meaningfully exceeded expectations this past weekend, with total sales surpassing $63M and a sell-through rate of 92%. Now in its second year as the official auction house at The Amelia, Broad Arrow executed a two-day, standing-room-only sale with more than 1,000 registered bidders and their guests. With palpable energy on both days, the Broad Arrow Auction total sales nearly doubled over last year ($31M in 2023).  Watch the wrap-up video here. 

Grosse Pointe, MI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- February 13, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to present the final group of highlights consigned to its upcoming Auction at The Amelia March 1-2, 2024. Led by the purebred 1967 Ford GT40, estimate: $4,000,000 - $5,000,000, the group also features three  significant Porsche motor cars including a 1971 Porsche 914/6 GT, estimate: $1,200,000 - $1,500,000 and a 1988 Porsche 959 SC Reimagined by Canepa, estimate: $3,250,000 - $3,750,000, and lastly a 1994 Porsche 911 Turbo S “Package”, estimate: $1,000,000 - $1,200,000,  all three of which are set to cross the auction block at this year’s Amelia Island auction.  Finally, a stunning 1958 BMW 507 Series II Roadster, estimate: $2,600,000 - $2,900,000, joins the peerless roster of consignments. Undoubtedly, these five outstanding consignments add to the rich and diverse offering of over 145 total cars on offer for this year’s auction, the complete digital catalog for which can be viewed here. 

Grosse Pointe, MI, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce an exclusive Porsche-only auction in partnership with the first-ever Air|Water standalone event. Air|Water is the brainchild of Luftgekühlt founder Patrick Long, who is well-known and respected in the Porsche world and has organized world-class gatherings for the Porsche community to celebrate not only Porsches but the camaraderie of the Porsche enthusiast community. Air|Water will take place on Saturday, April 27th in Costa Mesa, California featuring both air-cooled and water-cooled Porsches of all eras.

Grosse Pointe, MI, Feb. 05, 2024 (GLOBE NEWSWIRE) -- February 5, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the addition of an exceptional and noteworthy group of supercars and sports cars to the Amelia Island auction offering for 2024, the majority of which will be offered without reserve. The “Racer X Collection” of modern and vintage sporting classics includes sought-after examples like the 2022 Bugatti Chiron Pur Sport, estimated at $4,000,000 - $5,000,000, alongside a stellar offering of vintage sports cars such as the purebred 1966 Shelby 427 S/C, estimated at $3,000,000 - $3,750,000.

Grosse Pointe, MIchigan, Jan. 18, 2024 (GLOBE NEWSWIRE) -- January 18, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is pleased to present the next group of highlights consigned to its upcoming Amelia Island Auction, March 1-2, 2024. An exciting addition the auction lineup for 2024 is the 1973 Ferrari 365 GTB/4 Daytona Spider (estimate: $2,800,000 - $3,200,000), is the 92nd of just 121 production Daytona Spiders and is presented in its stunning original livery of Blu Dino Metallic over Beige Connolly leather. It is complete with full Ferrari Classiche “Red Book” Certification and retains its matching-numbers chassis, engine, transaxle, and body and impressively is desirably factory-equipped with air conditioning, Becker Mexico stereo, and power windows. Offered with its tool kit, warranty card, 365 GTB/4 owner’s manuals, and leather storage pouch it was previously judged Best in Show at the 2018 Concorso Ferrari in Palm Beach, Florida and presented with an Amelia Award in the Scaglietti Production Class at the 2020 Amelia Island Concours d'Elegance. 

Grosse Pointe, Michigan, Jan. 11, 2024 (GLOBE NEWSWIRE) -- January 11, 2024 – Broad Arrow Auctions, a Hagerty (NYSEHGTY) company, is thrilled to announce the consignment of the Gregorie Neck Collection of Richland, South Carolina to its upcoming Amelia Island Auction, March 1-2, 2024. The collection includes 16 outstanding, primarily pre-war, motor cars, many of which will be offered without reserve. All are all superbly presented, with many being previous award-winning concours examples and most being offered after decades of long-term ownership. The collection is highlighted by a quintet of European classics including:

Grosse Pointe, MI, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSEHGTY) 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.

334 lots sold for total sales of $108.5 million across three auctions // 46 private sale transactions totaling more than $34 million // Approximately $38 million in new financing transactions with year-end loan book in excess of $50 million for 2023 // 2023 auction results and information on upcoming events available at www.broadarrowauctions.com

Amelia Island, FL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company, is thrilled to announce an early highlight consignment with the 1946 Delahaye 135 M Abbott Roadster, estimated at $700,000 - $900,000, slated for this year’s Radius Auction at The Amelia and being held on March 1-2. Prepare to be transported back in time as a piece of automotive history takes center stage, a masterpiece and singular example of classic elegance and British craftsmanship.

Amelia Island, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- (November 14, 2024) - Broad Arrow Auctions, a Hagerty company, is thrilled to announce an early highlight consignment with the 2020 McLaren Speedtail, estimated at $2,000,000 - $2,400,000, slated for this year’s Radius Auction at The Amelia and being held on March 1-2. In a hypercar era characterized by innovation and boundary-pushing, McLaren’s Speedtail stands out by revisiting its roots, offering a truly unique three-seater experience reminiscent of the legendary McLaren F1. 

Grosse Pointe, MI, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Grosse Pointe, MI, (August 22, 2023) – Broad Arrow Auctions is pleased to announce results from the Radius Auction held at the Monterey Jet Center this past 17-18 August. The auction followed on the heels of the successful and sold out Hagerty Motorlux party held on Wednesday evening. The party saw more than 3,000 attendees celebrate the start of Monterey’s annual car week with exceptional dining and entertainment, alongside the auction preview of Broad Arrow’s 170 cars on display. 

Grosse Pointe, MI, July 27, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, in conjunction with Hagerty’s Motorlux event, is excited to announce the final consignments for the upcoming Radius Auction at the Monterey Jet Center on August 17-18 in Monterey, California. The Broad Arrow auction will be held on Thursday, 17 August at 4:00 pm PDT and Friday, 18 August at 1:00 pm PDT, with a public preview taking place Wednesday, 16 August at 9:00 am until 4:00 pm PDT. The newly released and complete digital catalog is now available here: Broad Arrow Digital Catalog

Broad Arrow Auctions to offer an additional 25 cars during the Monterey Jet Center Auction August 17 and 18 as part of Motorlux / / /The Hendricks Collection at the Gateway Museum includes many of the most prized and impeccably preserved historic cars in the country / / / The collection is live now on Hagerty Marketplace, with lots ending from July 31 to August 11 / / / View the entire collection and register to bid at www.hagerty.com/marketplace

Grosse Pointe, MI, June 16, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (HGTY) company, is delighted to announce a selection of highlight consignments from the Collection of Mr. John S. Hendricks for its upcoming Monterey auction on August 17-18, which will take place at the Monterey Jet Center as part of the Hagerty Motorlux event. Broad Arrow Auctions will be offering in excess of 30 outstanding motor cars from the collection, most of which are offered without reserve, at the flagship auction this August. 

Broad Arrow’s Porsche 75th Anniversary Auction totals $20.0 million with 93% of all lots sold, (84% excluding memorabilia) / / / Nine new world auction record prices set across multiple Porsche models / / / Broad Arrow Auctions’ calendar continues with The Monterey Jet Center Auction, set for 17-18 August in Monterey, CA

Final roster includes the highly collectible 1999 Porsche 911 Classic Club Coupe "Sonderwunsch" Factory One-Off, a uniquely refinished 2004 Porsche Carrera GT, a historically significant 1967 Porsche 910, the iconic 1984 Porsche 962, and the ultimate road-going historic race car, the 1964 Porsche 904 Carrera GTS / / / The Porsche 75th Anniversary Auction will feature a curated collection of 65 of the most desired classic and collectible Porsche motor cars in today’s market along with 48 lots of collectible Porsche memorabilia / / / Complete digital catalog available here: https://online.fliphtml5.com/kfgkh/ialg/

Spectacular 1984 Porsche 962 Joins Growing Roster of Consignments for the 75th Anniversary Auction at the Porsche Experience Center Atlanta this 10 June

Historic 1967 Porsche 910 and time warp 1964 Porsche 904 Carrera GTS lead the field while representing the very best of both race and road-going examples from Stuttgart

Collection marks first single-owner private collection offered via Hagerty Marketplace / / / The Retro Motors Collection includes desirable American muscle and high-powered European sports cars / / / Selected examples from the Collection now open for bidding with additional cars being added daily in a rolling format / / / View new lots as they are added daily and register to bid at hagerty.com/marketplace

EXCEPTIONAL CLASSICS HIGHLIGHTED BY THE EX-CEDRIC GIBBONS (DESIGNER OF THE OSCAR STATUETTE), EX-BRUCE MEYER 1930 DUESENBERG MODEL J CONVERTIBLE SEDAN BY MURPHY AND EX-HARRAH COLLECTION AND DR. BARBARA ATWOOD 1932 STUTZ DV32 SUPER BEARCAT WITH FABRIC COACHWORK BY WEYMANN

INAUGURAL PRIVATE SALES STAND HOSTED BY BROAD ARROW CAR SPECIALIST AND DIRECTOR OF GERMANY BASTIAN VOIGT, AT FORTHCOMING TECHNO CLASSICA ESSEN IN GERMANY

VOIGT TO HOST PRIVATE SALES STAND AT FORTHCOMING TECHNO CLASSICA ESSEN IN GERMANY

Broad Arrow’s inaugural Amelia Auction, the official auction of The Amelia, totals $31 million with 81 percent of all lots sold /// Four new world auction record prices are set, including for the top-seller, a 2015 McLaren P1 at $2,425,000 /// Complete results available at broadarrowauctions.com /// Broad Arrow Auctions’ calendar continues with The Porsche 75th Anniversary Auction, set for the weekend of 8-10 June at the Porsche Experience Center in Atlanta

SINGLE-MARQUE AUCTION WILL PRESENT 75 HAND-SELECTED CLASSIC AND COLLECTIBLE PORSCHE MOTOR CARS AT THE PORSCHE EXPERIENCE CENTER IN ATLANTA

Grosse Pointe, Michigan, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Group, a Hagerty (NYSEHGTY) company, today announced the addition of noted car specialists and industry veterans Jakob Greisen and Caroline Cassini to its growing team later this month. Jakob will join as Senior Car Specialist focusing on live auctions while Caroline will serve as Auction Manager and Head of Business Development for Hagerty Marketplace online auctions. 

TOP TEN AUCTION SALES OF 2022 LED BY THREE FERRARIS FROM ACROSS THE AGES

1961 Mercedes-Benz 300 SL Disc Brake Roadster finished in a stunning metallic blue with complementary maroon leather interior headlines an initial group of tour-ready post-war sports and classic cars set for The Amelia Auction

Group of ultra-rare, desirable supercars leads West Palm Beach Auction, 18-19 November at Palm Beach County Convention Center, including McLaren Senna, Porsche Carrera GT, Lamborghini Aventador SVJ 63, and Ford GTX1

A well-sorted 1961 Mercedes-Benz 300 SL Roadster tops the sale at $1,820,000