Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to auction a significant early Ferrari model, the 1948 Ferrari 166 Spyder Corsa, at the inaugural Concorso d'Eleganza Villa d'Este Auction with an estimated value of €5.5 million to €7.5 million [1][3] Company Overview - Broad Arrow Auctions is a leading global collector car auction house founded in 2021, known for its high-quality car offerings and rapid growth in the auction segment [5] - The company is expanding its global presence, launching its first European auction in May 2025 in partnership with BMW AG at the prestigious Concorso d'Eleganza Villa d'Este [3][5] Auction Details - The 1948 Ferrari 166 Spyder Corsa, chassis number 004 C, has a rich history, including participation in notable races such as the 1948 Targa Florio and Mille Miglia [1][2] - The car comes with Ferrari Classiche White Book certification and has been in the same family for 50 years, enhancing its provenance [2] - Broad Arrow will feature 70 high-quality collector cars during the auction weekend, providing a premium auction experience [3] Auctioneer Profile - Thomas Forrester, a prominent UK auctioneer with over 20 years of experience, will lead the auction at the Concorso d'Eleganza Villa d'Este [3]

Core Insights - Reverie is an immersive hospitality experience celebrating 30 years of The Amelia, featuring automotive-themed culinary pairings and entertainment [1][2][3] - The event will take place on March 6, 2025, at the Ritz-Carlton Amelia Island, showcasing a blend of automotive passion and gourmet cuisine [1][3] Event Details - Guests will enjoy a cocktail reception with roving performers, followed by themed vignettes featuring automotive marques from the Broad Arrow Auction preview [2] - Culinary pairings include dishes inspired by classic cars, such as risotto with shaved black truffle paired with a 1959 Ferrari 250 GT and fresh gulf oysters with a 1998 Ferrari 550 Maranello [5] Immersive Experiences - The event will feature a live DJ, exclusive lounges, and a hosted bar with top-shelf cocktails and cuisine prepared by Ritz-Carlton chefs [3] - Additional experiences include a Fedora Hat & Cigar Bar, a Fragrance Studio for creating personalized scents, and live poetry and sketch artists [6] Broader Context - The Amelia is a prestigious motoring event that attracted a record-breaking 27,000 enthusiasts in its 29th year, highlighting the growing interest in automotive culture [8] - Hagerty, the parent company of Broad Arrow Auctions, is a leading provider of specialty vehicle insurance and automotive entertainment, catering to a community of over 865,000 car enthusiasts [9]

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, will feature a 1959 Ferrari 250 GT LWB California Spider Competizione at its upcoming Amelia Auction, with an estimated sale price between $10 million and $14 million [1][6]. Auction Details - The auction is scheduled for March 7-8, 2025, at the Ritz-Carlton Amelia Island in Florida [1]. - This Ferrari is noted as one of the most valuable cars ever offered in the history of the Amelia Island auction week [6]. Vehicle Specifications - The car is one of only eight aluminum-bodied Ferrari 250 GT LWB California Spider Competizione models produced, featuring a competition-specification engine and various rare competition features [2]. - It has a 9.6:1 compression ratio, producing 262.5 horsepower, and includes a 35-gallon fuel tank [2]. Historical Significance - Completed just before the 1959 24 Hours of Le Mans, the car achieved a fifth-place overall finish and third in the GT Class during its racing debut [3]. - The vehicle has a rich racing history and has participated in numerous prestigious events, including the Pebble Beach Concours d'Elegance [4][5]. Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, founded in 2021 by industry veterans [7]. - The company is expanding its global presence, with plans for its first European auction in May 2025 [7].

Core Insights - Broad Arrow Auctions has partnered with BMW AG to become the official auction partner of the Concorso d'Eleganza Villa d'Este, starting in May 2025 [1][3] - The Concorso d'Eleganza Villa d'Este is one of the oldest and most prestigious concours events, founded in 1929, and will feature Broad Arrow's auction on May 24, 2025 [2] - This partnership marks Broad Arrow's debut in overseas live auctions, following successful sales in North America, indicating the company's rapid growth in the collector car auction market [3][4] Company Overview - Broad Arrow Auctions is a subsidiary of Hagerty, which has established itself as a leader in the collector car auction industry within a short span of three years [4] - The company aims to enhance its presence in Europe and better serve high net worth clients and automotive enthusiasts [4] Event Details - The auction will take place at Villa Erba, with up to 70 high-quality collector cars expected to be offered for sale [1][2] - The event will include a public parade of Historic Cars on Sunday, following the limited ticketed events on Saturday [2] Strategic Importance - The partnership with BMW is seen as a significant endorsement of Broad Arrow's capabilities and reputation in the auction space [3] - The collaboration is expected to create a highlight for visitors and elevate the overall experience of the Concorso d'Eleganza Villa d'Este [3]

Core Points - Hélio Castroneves has been named the honoree for The Amelia 2025, continuing the event's tradition as "the racer's concours" [1][2] - The Amelia will celebrate its 30th anniversary in 2025, featuring a variety of events including seminars, films, auctions, and the renowned Concours d'Elegance [5][8] - The Concours d'Elegance will showcase nearly 300 cars across 30 classes, highlighting significant automotive history and achievements [6][7] Group 1: Hélio Castroneves' Achievements - Castroneves is a four-time Indianapolis 500 winner, with victories in 2001, 2002, 2009, and 2021 [1][2] - He won the 2020 IMSA championship with Acura Team Penske, achieving 4 victories and 4 pole positions [1][3] - Castroneves is also a minority partner and co-owner of Meyer Shank Racing, demonstrating his commitment to the sport beyond driving [3] Group 2: The Amelia Event Details - The Amelia will take place from March 6-9, 2025, at The Ritz-Carlton, Amelia Island [7][8] - The event will include luxury shopping, new vehicle reveals, and exclusive gatherings, alongside the main Concours d'Elegance [8] - Since its inception in 1996, The Amelia has donated over $4 million to charitable organizations, highlighting its commitment to philanthropy [8]

Hagerty, Inc. (NYSE:HGTY) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Jay Koval - Senior Vice President, Investor Relations McKeel Hagerty - Chief Executive Officer & Chairman Patrick McClymont - Chief Financial Officer Conference Call Participants Pablo Singzon - JPMorgan Mark Hughes - Truist Securities Operator Greetings and welcome to the Hagerty Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session ...

HAGERTY. Q3 // 2024 Investor Presentation SPEAKERS: McKeel Hagerty | Chief Executive Officer and Chairman Patrick McClymont | Chief Financial Officer FORWARD LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES This presentation contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements reflect our current expectations ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR Title of each class Trading Symbols Name of each exchange on which registered Class A common stock, par value $0.0001 per share HGTY The New York Stock Exchange ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition perio ...

Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.12, delivering a surprise of 33.33%. Over the last four quarters, the company ...

For Immediate Release Hagerty Reports Third Quarter 2024 Results Updates 2024 Outlook for Revenue and Profit Growth • Third quarter 2024 Total Revenue increased 17% year-over-year to $323.4 million, and year-to-date 2024 Total Revenue increased 20% year-over-year to $908.3 million • Third quarter 2024 Written Premium increased 13% year-over-year to $287.6 million, and year-to-date 2024 Written Premium increased 16% year-over-year to $827.1 million • Third quarter 2024 Marketplace revenue increased 66% year- ...