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BROAD ARROW'S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM
GlobeNewswire News Room· 2025-06-02 08:01
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is launching a new auction event called the Zoute Concours Auction in collaboration with Zoute Grand Prix Car Week, scheduled for October 10, 2025, in Belgium [1][2][3] - The auction will feature approximately 70 exceptional collector cars, showcasing a variety of categories and price points, enhancing Broad Arrow's presence in the European market [1][2][3] Company Overview - Broad Arrow Auctions was founded in 2021 and has quickly become a leading global collector car auction house, known for its high-quality offerings and rapid growth in the auction segment [5] - The company recently debuted in Europe as the official auction partner for BMW AG at the Concorso d'Eleganza Villa d'Este, achieving €31.2 million in sales with 78% of lots sold [3][5] Event Details - The Zoute Grand Prix Car Week is a prestigious five-day festival that combines exceptional automobiles, art, and luxury lifestyle, attracting collectors and enthusiasts from around the world [2][7] - The Zoute Concours Auction will coincide with the Zoute Concours d'Élégance, further elevating the event's profile and providing a platform for showcasing automotive elegance [2][3][7] Strategic Partnerships - The partnership between Broad Arrow and Zoute Grand Prix aims to enhance the international character of the event and expand both companies' global reach [3][7] - This collaboration is seen as a natural fit, driven by a shared vision of excellence and ambition [3]
BROAD ARROW’S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM
Globenewswire· 2025-06-02 08:01
Core Insights - Broad Arrow Auctions announces the Zoute Concours Auction scheduled for October 10, 2025, in collaboration with Zoute Grand Prix Car Week, featuring approximately 70 exceptional collector cars [1][2][3] Company Overview - Broad Arrow Auctions is a Hagerty company, recognized as a leading global collector car auction house, founded in 2021 by industry veterans [5] - The company has rapidly expanded its presence in Europe, recently debuting at the Concorso d'Eleganza Villa d'Este as BMW AG's official auction partner [8] Recent Achievements - The inaugural European auction at the Concorso d'Eleganza Villa d'Este achieved €31.2 million in sales, with 78% of lots sold, including a record sale of a 1948 Ferrari 166 Spyder Corsa for €7,543,750 [3][2] Event Details - The Zoute Concours Auction will take place at Approach Golf in Knokke-Heist, coinciding with the prestigious Zoute Concours d'Élégance on October 11-12, 2025 [1][2] - Zoute Grand Prix Car Week is a five-day festival that combines exceptional automobiles, art, and luxury lifestyle, attracting collectors and enthusiasts globally [10][11] Strategic Partnerships - The partnership with Zoute Grand Prix aims to enhance the international character of the event and expand Broad Arrow's global reach [3][10] - The collaboration is seen as a natural fit, driven by a shared vision of excellence and ambition between Broad Arrow and Zoute Grand Prix [3]
1948 FERRARI 166 SPYDER CORSA SETS NEW AUCTION RECORD AT BROAD ARROW’S INAUGURAL CONCORSO D’ELEGANZA VILLA D’ESTE AUCTION SELLING FOR €7.54 MILLION
Globenewswire· 2025-05-27 09:01
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, successfully held its first European auction at the Concorso d'Eleganza Villa d'Este, achieving total sales of €31,172,625 with 78% of lots sold [2][3][11] Auction Highlights - The standout sale was a 1948 Ferrari 166 Spyder Corsa, which set a new auction record by selling for €7,543,750 [4][11] - Other notable sales included a 1989 Ferrari F40 Competizione for €2,312,500 and a 2003 Honda NSX-R for €934,375, which also set a world auction record [6][12] - The auction featured a dedicated BMW-only sale, with a 1980 BMW M1 selling for €602,500 [8][11] Sales Performance - The auction took place over two days, May 24 and 25, with over 8,000 viewers watching live on YouTube [3][11] - The auction included over 70 vehicles, showcasing a mix of classic and modern cars, attracting bidders from various countries [6][12] Future Plans - Broad Arrow Auctions plans to expand its European sale calendar throughout 2025, following the success of this inaugural event [9][12]
HENRY CATCHPOLE TAKES TO THE TRACK IN RARE HONDA NSX-R IN SWEDEN AHEAD OF BROAD ARROW'S FIRST EUROPEAN AUCTION
GlobeNewswire News Room· 2025-05-08 12:01
Core Viewpoint - Broad Arrow Auctions, a subsidiary of Hagerty, is set to auction a rare 2003 Honda NSX-R, one of fewer than 140 produced, at the inaugural Concorso d'Eleganza Villa d'Este Auction on May 24-25, 2025, highlighting its significance in the collector car market [1][5][8]. Company Overview - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and has rapidly expanded its presence, including launching its first European auction in May 2025 [9]. - Hagerty, the parent company of Broad Arrow, is a prominent brand in automotive enthusiast culture, providing specialty vehicle insurance and car valuation services, with a community of over 875,000 car enthusiasts [10]. Auction Details - The auction will feature the Honda NSX-R, which is celebrated for its engineering excellence and performance, including a 3.2-litre VTEC V6 engine producing 290hp [3][4]. - The NSX-R is noted for its rarity and is the first of its kind to be auctioned publicly outside Japan in many years, expected to attract significant interest from collectors globally [6][8]. Event Context - The auction will take place at the Concorso d'Eleganza Villa d'Este, a prestigious event in Italy, further enhancing the profile of the auction and the vehicles presented [9]. - The Gelleråsen Arena in Sweden, where the NSX-R was showcased, has a rich motorsport history, adding to the allure of the vehicle being auctioned [2][8].
BROAD ARROW PRESENTS SOME OF THE FINEST PRE- AND POST-WAR COLLECTOR CARS AT INAUGURAL CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION
GlobeNewswire News Room· 2025-05-06 16:55
Core Viewpoint - 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 over 70 collectible classic cars, including significant historical models like the Ferrari 166 Spyder Corsa and the 1938 Talbot-Lago T150 C Spéciale Teardrop Coupé [1][2][3]. Company Overview - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and has quickly become the fastest-growing auction house in its segment [28]. - The company is expanding its global footprint, with its first European auction taking place in May 2025 as the official auction house for the Concorso d'Eleganza Villa d'Este in Italy [28]. Auction Highlights - The auction will feature the first-ever public sale of the Ferrari 166 Spyder Corsa by Ansaloni, estimated between €5.5 million and €7.5 million, which is recognized as Enzo Ferrari's first customer competition car [10][11][13]. - Another highlight is the 1938 Talbot-Lago T150 C Spéciale Teardrop Coupé, estimated between €4.5 million and €6.5 million, known for its unique design and historical significance [4][9]. - Additional notable cars include the 1949 Talbot-Lago T26 Grand Sport Coupe, estimated at €1.2 million to €1.5 million, and the 1936 Maserati 6CM Factory Works, estimated at €850,000 to €950,000 [9][23]. Event Details - The auction will take place at Villa Erba, located on the shores of Lake Como, and is expected to attract renowned collectors seeking to enhance their collections with some of the most desirable classic automobiles [25][26].
BROAD ARROW ADDS FERRARI F40 "COMPETIZIONE" AND PAGANI HUAYRA R TO ITS BEST-OF-CATEGORY CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION LINEUP
GlobeNewswire News Room· 2025-04-30 08:05
Core 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 over 70 collectible cars [1][2][19] - The auction will showcase a diverse range of iconic automobiles, including rare BMW models, pre- and post-war classics, and supercars with notable provenance [2][3][7] Auction Highlights - Featured cars include a 1989 Ferrari F40 "Competizione" with an estimated value of €2.3 million to €2.8 million, a 2022 Pagani Huayra R estimated at €2.8 million to €3.2 million, and a 2006 Porsche Carrera GT estimated at €1.3 million to €1.5 million [4][8][11] - The auction will also include a dedicated BMW-only sale, highlighting models such as the 1939 BMW 328 Wendler Cabriolet and the 1958 BMW 507 Roadster [13][14] Company Background - Broad Arrow Auctions was founded in 2021 and has quickly become a leading global collector car auction house, expanding its presence in Europe with this upcoming auction [19] - The company aims to provide exceptional quality cars to collectors and enthusiasts, with flagship events in the U.S. and now Europe [19][20]
BROAD ARROW PRESENTS MCLAREN SUPERCARS OWNED BY F1 WORLD CHAMPIONS LEWIS HAMILTON AND JENSON BUTTON AT CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION
Newsfilter· 2025-04-23 14:18
Core Insights - Broad Arrow Auctions, a Hagerty company, will auction two unique McLaren supercars owned by Lewis Hamilton and Jenson Button at the inaugural Concorso d'Eleganza Villa d'Este Auction on May 24-25, 2025 [1][12] Company Overview - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and is expanding its footprint in Europe with its first auction in Italy [14][15] - The company is known for offering exceptional quality cars to collectors and enthusiasts, and is the fastest growing auction house in its segment [15] Industry Context - The McLaren MP4-12C is recognized as a pivotal model for McLaren Automotive, marking its return to the supercar market after the iconic McLaren F1 [2][8] - The involvement of F1 champions Hamilton and Button in the development of the MP4-12C highlights the intersection of motorsport and automotive innovation, enhancing the car's historical significance [4][11] Auction Details - The auction will feature Hamilton's MP4-12C, which has a unique specification and was registered on March 1, 2012, and Button's MP4-12C, which has been maintained in a private collection [4][10] - Hamilton's car is estimated to sell for €175,000 - €225,000, while Button's car is estimated at €125,000 - €150,000 and will be offered without reserve [13]
BROAD ARROW PRESENTS MCLAREN SUPERCARS OWNED BY F1 WORLD CHAMPIONS LEWIS HAMILTON AND JENSON BUTTON AT CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION
GlobeNewswire News Room· 2025-04-23 14:18
Core Viewpoint - Broad Arrow Auctions, a Hagerty company, is set to auction two unique McLaren MP4-12C supercars owned by Formula One champions Lewis Hamilton and Jenson Button at the inaugural Concorso d'Eleganza Villa d'Este Auction on May 24-25, 2025 [1][12]. Group 1: Auction Details - The auction will feature two McLaren MP4-12C models, which are significant in the history of McLaren Automotive, marking its return to the supercar market [4][11]. - The auction is part of Broad Arrow's expansion into Europe, with this being their first auction in the region [15]. Group 2: Vehicle Specifications and History - Lewis Hamilton's MP4-12C, registered on March 1, 2012, has a mileage of 8,500 km, a Volcano Red exterior, and is estimated to sell for €175,000 - €225,000 [13]. - Jenson Button's MP4-12C features Elite Pearl White paintwork, a mileage of 12,000 km, and is estimated to sell for €125,000 - €150,000, offered without reserve [13][10]. - Both cars were configured with input from their respective owners, showcasing unique specifications that enhance their collectability [5][9]. Group 3: Significance of the Vehicles - The MP4-12C is recognized as a pivotal model for McLaren, developed with contributions from both Hamilton and Button, which helped define the future of the brand [8][11]. - The cars represent a blend of motorsport heritage and luxury automotive design, making them highly desirable for collectors [6][12].