Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, will feature the 1938 Talbot-Lago T150 C Lago Spéciale Teardrop Coupé at its upcoming Monterey auction, with an estimated value between $6,500,000 and $8,500,000 [1][2] - The Talbot-Lago is noted for its unique design and historical significance, having been a successful race car and maintained a continuous chain of ownership since its inception [2] Company Overview - Broad Arrow Auctions operates as an advisor, market maker, and financier for car collectors, emphasizing integrity, trust, and innovation [4] - The company is headquartered in Grosse Pointe, Michigan, and is part of Hagerty, which is publicly traded on NYSE under the ticker HGTY [4] Auction Details - The Monterey auction will take place on August 14 and 15, 2024, with approximately 50 cars to be auctioned, starting at 6:30 PM on the first day [3] - The auction will be held in conjunction with the Hagerty Motorlux event, marking a new approach for Broad Arrow Auctions [3]
Masterwork of Design – 1938 Talbot-Lago T150 C Lago Spéciale Teardrop Coupé Headlines an Impressive Roster of Early Consignments for the 2024 Broad Arrow Monterey Auction