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]

LONDON, England, April 23, 2025 (GLOBE NEWSWIRE) -- LONDON, England, April 23, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE: HGTY), will be auctioning two unique McLaren supercars with exceptional provenance at its inaugural Concorso d'Eleganza Villa d'Este Auction on 24-25 May 2025. The McLaren MP4-12C is regarded as the cornerstone of the modern era for McLaren Automotive. It returned the renowned British marque to the upper echelons of the supercar world after the success of the ...