Hagerty(HGTY) Newsfilter·2025-03-25 16:04Core 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]