TRAVERSE CITY, Mich., April 23, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its first quarter 2025 financial results before the market opens on Wednesday, May 7, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.co ...

London, United Kingdom, April 17, 2025 (GLOBE NEWSWIRE) -- Exclusive Dario Franchitti lots offered with 100% of proceeds going to Jackie Stewart's Race Against Dementia charity Additional sale highlights include original overalls worn by Michael Schumacher, a 2011 Sebastian Vettel Red Bull Helmet and a 1977 Ferrari front wing as raced by Niki LaudaCatalogue can be viewed hereBidder registration is now open Broad Arrow Auctions, a Hagerty company (NYSE:HGTY), is proud to present an outstanding collection o ...

Event Overview - The 2025 Greenwich Concours d'Elegance will take place from May 30 to June 1 at Roger Sherman Baldwin Park in Greenwich, Connecticut, celebrating automotive excellence and luxury craftsmanship [1] - The event is recognized as the top automotive event in the Northeast, featuring a combination of prestigious cars and immersive experiences [1] Grand Marshal and Special Events - Ralph Marano, a renowned Packard collector with a collection of 85 classic models, will serve as the Grand Marshal for this year's event [1] - A new event, Reverie, will be held on Friday evening, offering a blend of New England coastal charm and luxury experiences, including fine dining and entertainment [2] Featured Classes - The Concours de Sport on Saturday will showcase a curated selection of sports, racing, and supercars, with featured classes including Mid-Engine Revolution and Affordable Ferrari [3] - The Concours d'Elegance on Sunday will highlight historically significant vehicles, featuring classes such as Muscle/Performance and 100 Years of Chrysler [4] Ticket Information - Detailed ticket pricing and information can be found on the official Greenwich Concours website [5] Organizational Background - Founded in 1996, the Greenwich Concours d'Elegance is a premier motoring event that supports local charities and includes various automotive heritage elements [6] - Hagerty, the parent company, is a leading provider of specialty vehicle insurance and automotive services, catering to car enthusiasts across the U.S., Canada, and the U.K. [7]

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its second annual Porsche Auction on April 26, featuring a rare 1989 RUF CTR Yellowbird as the highlight [1][2][4] Auction Details - The auction will take place at the Orange County Fairgrounds in Costa Mesa, California, and will include over 50 desirable Porsches and Porsche memorabilia [1][4] - The RUF CTR Yellowbird is estimated to sell for between $4,500,000 and $5,500,000, showcasing its status as a benchmark performance car [2][4] Featured Vehicles - Additional notable vehicles in the auction include: - 1966 Porsche 906, estimated at $1,600,000 - $1,900,000, known for its racing history and largely unrestored condition [5] - 1990 Porsche 911 Reimagined by Singer, estimated at $1,050,000 - $1,250,000, featuring a high-performance engine and low mileage [5] - 1994 Porsche 911 Turbo 3.6 X88, estimated at $530,000 - $560,000, one of only 64 examples produced [6] - 2012 RUF Rt 12 S, estimated at $600,000 - $700,000, known for its custom build and high horsepower [6] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, founded in 2021 by industry veterans, and is expanding its global presence [7] - The company aims to enhance the Porsche community experience through its auctions, which attract a dedicated base of car enthusiasts [6][7]

About The Hanover The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid- sized businesses, as well as for homes, automobiles, and other pe ...

Core Viewpoint - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host a significant BMW-only auction as part of the prestigious Concorso d'Eleganza Villa d'Este, showcasing exceptional collector cars from BMW's history [1][2][9]. Company Overview - Broad Arrow Auctions is recognized as a leading global collector car auction house, founded in 2021 by industry veterans, and is expanding its presence in Europe with its inaugural auction in May 2025 [17]. - The company has established itself as the fastest-growing auction house in its segment, with flagship events in California and Florida, and is now the official auction partner for the Concorso d'Eleganza Villa d'Este [17]. Auction Details - The BMW-only auction will take place on the evening of May 24, 2025, featuring a selection of iconic BMW models spanning nearly 70 years of production [2][9]. - The auction will include 70 of the world's finest automobiles, enhancing the prestige of the Concorso event [9][14]. Featured Cars - Notable cars include: - **1958 BMW 507 Series II Roadster**: Estimated value between €2,000,000 and €2,300,000, known for its exceptional originality and history of ownership [4][5]. - **1980 BMW M1**: Estimated value between €450,000 and €550,000, recognized for its racing heritage and limited production [6][7]. - **2000 BMW Z8**: Estimated value between €200,000 and €225,000, combining retro design with modern performance [11][12]. - **1981 BMW M1**: Estimated value between €475,000 and €575,000, previously owned by notable figures and showcasing a rich history [13][14]. Market Position - The auction is positioned as a premium experience for collectors and enthusiasts, reflecting the high demand and value associated with rare and historically significant automobiles [14].

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host a significant BMW-only auction as part of the Concorso d'Eleganza Villa d'Este, highlighting BMW's legacy in the automotive world [2][9][14] Auction Details - The BMW-only auction will take place on May 24, 2025, during a two-day event at Villa Erba, Italy, featuring 70 of the world's finest automobiles [9][14] - The auction aims to celebrate BMW's heritage, showcasing both classic and modern collector cars, including iconic motorsport models [3][9] Featured Cars - The auction will include notable models such as: - **1958 BMW 507 Series II Roadster** with an estimated value of €2,000,000 - €2,300,000, known for its exceptional originality and history of ownership [4][5] - **1980 BMW M1** estimated at €450,000 - €550,000, recognized for its racing pedigree and limited production of only 453 units [6][9] - **2000 BMW Z8** estimated at €200,000 - €225,000, combining retro design with modern performance, featuring a 4.9-litre V8 engine [11][12] - **1981 BMW M1** estimated at €475,000 - €575,000, previously owned by Vijay Mallya, showcasing its unique history and modifications [13][14] Company Background - Broad Arrow Auctions, founded in 2021, has quickly established itself as a leading global collector car auction house, expanding its presence in Europe with this inaugural auction [17] - The company is recognized for offering high-quality collector cars and aims to enhance the auction experience during prestigious events like the Concorso d'Eleganza Villa d'Este [14][17]

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its inaugural Concorso d'Eleganza Villa d'Este Auction on May 24-25, 2025, featuring historically significant motorsport models [1][2][16] - The auction will showcase up to 70 high-quality collector cars, including classic and modern supercars, with a focus on vehicles that have made a mark in motorsport history [2][10] Auction Highlights - Featured cars include: - **1990 Citroën ZX Rallye Raid**: Estimated at €475,000 - €525,000, this car has a notable history in the Paris-Dakar Rally, finishing sixth in 1991 and contributing to Citroën Sport's FIA World Cup victory [3][4][5] - **1936 Fiat 570 Bertone Barchetta Special**: Estimated at €325,000 - €375,000, this car marks the beginning of Nuccio Bertone's design legacy and has a rich racing history, including participation in the Mille Miglia [7][9] - **1966 Fiat Abarth OT 1300**: Estimated at €400,000 - €450,000, this car is recognized for its performance in the Targa Florio, having won its class on its debut [11][12] - **1965 Elva BMW Mk 8**: Estimated at €175,000 - €225,000, this car has a strong racing pedigree and will compete at the 2025 Goodwood Members Meeting before the auction [13][10] Company Background - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and has quickly established itself as a prominent player in the market [16] - The company is expanding its global presence, with the upcoming auction in Italy marking its first event in Europe as the official auction house for the Concorso d'Eleganza Villa d'Este [16][18]

Core Viewpoint - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its inaugural Concorso d'Eleganza Villa d'Este Auction on May 24-25, 2025, featuring historically significant motorsport models [1][2]. Auction Details - The auction will take place on the shores of Lake Como, in partnership with BMW AG, showcasing up to 70 high-quality collector cars [2]. - The auction will include a diverse range of vehicles, from coachbuilt classics to modern supercars, highlighting significant motorsport legends [2]. Featured Cars - **1990 Citroën ZX Rallye Raid**: Estimated between €475,000 and €525,000, this car has a notable history in the Paris-Dakar Rally, finishing sixth in 1991 and contributing to Citroën Sport's FIA World Cup victory [3][4][5]. - **1936 Fiat 570 Bertone Barchetta Special**: Estimated between €325,000 and €375,000, this car marks the beginning of Nuccio Bertone's design career and has a rich racing history, including participation in the Mille Miglia [7][8][9]. - **1966 Fiat Abarth OT 1300**: Estimated between €400,000 and €450,000, this car is recognized for its performance in the Targa Florio and has a storied motorsport pedigree [11][12]. - **1965 Elva BMW Mk 8**: Estimated between €175,000 and €225,000, this car has competed in notable races and will participate in the 2025 Goodwood Members Meeting before the auction [13]. Company Background - Broad Arrow Auctions, founded in 2021, is a rapidly growing global collector car auction house, known for its high-quality offerings and flagship events in the U.S. [16][17]. - The company is expanding its presence in Europe with this auction, further solidifying its position in the collector car market [17].

Core Insights - The 30th Annual Amelia Concours d'Elegance showcased over 240 historically significant automobiles, with the 1938 Alfa Romeo 8C 2900 winning Best of Show in the Concours d'Elegance category and the 1967 Lotus 49 winning Best of Show in the Concours de Sport category [1][2][3] Event Highlights - The event took place from March 6-8, 2025, at The Ritz-Carlton, Amelia Island, Florida, attracting thousands of automotive enthusiasts and featuring a tribute to racing icon Hélio Castroneves [4][12] - The weekend included various activities such as fine dining, driving experiences, live auctions, and a showcase of automotive history [1][4] Auction Performance - Broad Arrow Auctions, the official auction of The Amelia, achieved $61.7 million in total sales with 88% of lots sold, marking a successful event [8][9] - The top sale was a 1959 Ferrari 250 GT LWB California Spider Competizione, which sold for $9,465,000, making it the most valuable car sold by Broad Arrow to date [8][9][14] Attendance and Community Impact - The event welcomed 17,000 attendees and pledged $119,000 to local nonprofits, highlighting its community engagement [6] - Over 500 volunteers contributed to the event, showcasing strong community support [6] Future Events - The next Amelia event is scheduled for March 5-8, 2026, and car enthusiasts are invited to the Greenwich Concours from May 30 to June 1, 2025 [7]