Retro Motors Collection of 25 Modern Sports Cars Anchors Broad Arrow's Inaugural Auction in Partnership with the Chattanooga Motorcar Festival

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to feature the Retro Motors Collection of 25 collector cars at the Chattanooga Motorcar Festival on October 12, 2024, marking the final U.S.-based auction for the year [1][7]. Company Overview - Hagerty is a leading automotive enthusiast brand focused on preserving car culture and providing specialty vehicle insurance, valuation data, auction services, and automotive entertainment for over 67 million car enthusiasts in the U.S. [2][4]. - Broad Arrow operates as an advisor and market maker for car collectors, emphasizing integrity and innovation in its auction and sales processes [4]. Auction Details - The Retro Motors Collection includes high-value collector cars, with estimates ranging from $180,000 for a 2021 Nissan GT-R to $650,000 for a 2006 Ford GT Heritage Edition [2]. - The upcoming auction at the Chattanooga Motorcar Festival will feature many cars offered without reserve, appealing to a wide audience of collectors [1][7]. Upcoming Events - Prior to the Chattanooga auction, Broad Arrow Auctions will hold the Monterey Jet Center Auction on August 14-15, 2024, featuring approximately 50 cars [8].