BROAD ARROW OFFERS 1954 JAGUAR D-TYPE 'OKV 2' WORKS COMPETITION CAR WITHOUT RESERVE AT 2025 AMELIA AUCTION

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, will feature the 1954 Jaguar D-Type Works Competition Car, chassis no. XKD 403, at its 2025 Amelia Auction, with an estimated sale price of $6,500,000 to$8,500,000 [1][4] Company Overview - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and has rapidly expanded its presence in the auction market [11] - The company is known for its flagship events, including The Amelia Auction and plans to launch its first European auction in May 2025 [11] Industry Context - The Jaguar D-Type is recognized for its revolutionary design and engineering, contributing to Jaguar's three consecutive Le Mans victories [2] - The car on offer, 'OKV 2,' was part of Jaguar's initial strategy for the 1954 24 Hours of Le Mans and was driven by notable racers including Stirling Moss [3][4] Auction Details - The 2025 Amelia Auction is scheduled for March 7-8, 2025, at the Ritz-Carlton Amelia Island, and will feature other significant cars alongside the D-Type [8][9] - The auction will be conducted without reserve, indicating that the car will be sold to the highest bidder regardless of the price [1][4]