Bicester, United Kingdom, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE: HGTY), is celebrating the success of its spectacular inaugural Zoute Concours Auction on Friday 10 October. Held in collaboration with the famed Zoute Grand Prix Week, the auction room was packed with collectors and guests who enjoyed a vibrant atmosphere on the beautiful grounds of Approach Golf in Knokke-Heist.  Broad Arrow’s first auction in Belgium featured some of the market’s most sought-after cl ...

Core Insights - Broad Arrow Auctions achieved a total sales figure of $57.4 million during its 2025 Monterey Jet Center auction, with 80% of all lots sold, marking a significant increase in bidder registration by over 20% compared to 2024 [1][3][4] Auction Highlights - The auction set at least eight new record prices, led by the sale of a 2005 Maserati MC12 Stradale for $5,202,500, surpassing the previous record of $3,800,000 for the model [2][4][7] - Other notable sales included a 2008 Koenigsegg CCXR at $3,222,500, a 1980 BMW M1 Procar at $1,600,000, and a 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" at $1,022,500, all setting new records for their respective models [7][9] Market Trends - The auction results reflect a strong demand for modern collectibles, indicating a generational shift in the collector car market, with a notable interest in Japanese collector cars, including a 1999 Nissan Skyline CRS GT-R V-Spec sold for $692,500 [3][4][9] - The top 10 sales at the auction included iconic models such as a 1967 Ferrari 275 GTB/4 at $2,562,500 and a 1955 Mercedes-Benz 300 SL Gullwing Coupe at $1,902,500, demonstrating robust interest in both modern and classic vehicles [9][10] Future Events - Broad Arrow Auctions plans to expand its auction schedule with three new events in 2025, including the inaugural Zoute Concours Auction in Belgium and the debut Las Vegas Auction, indicating a strategic growth in its global footprint [15][18]

Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its flagship Monterey Jet Center Auction on August 13-14, 2025, featuring a landmark 2005 Maserati MC12 Stradale with an estimated value of $4.8 million to $5.5 million [1][2] Auction Highlights - The auction will present 170 lots, showcasing a variety of highly desirable collector cars, including modern supercars, post-war classics, and JDM icons [4][5] - The Maserati MC12 Stradale is noted for its rarity, with only 50 units produced, and is based on the Ferrari Enzo, featuring a competition-purpose body and a powerful 6.0-liter V12 engine [2][3] Supercar Segment - Additional supercar highlights include: - 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million) - 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million) - 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) - 1968 Lamborghini Miura P400 (Estimate: $2 million - $2.4 million) [6] Track Stars - The auction features notable racing cars, including a 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million), which has a rich racing history and is eligible for prestigious vintage racing events [7] JDM Icons - The auction highlights the growing market for Japanese Domestic Market collector cars, featuring a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO (Estimate: $700,000 - $850,000) [8] Post-War Classics - Key post-war classic offerings include: - 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) - 1965 Ferrari 275 GTB (Estimate: $2.5 million - $2.8 million) - 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" (Estimate: $1 million - $1.25 million) [9][10] Event Details - The auction will take place at The Monterey Jet Center in California, coinciding with Motorlux, attracting thousands of collectors and enthusiasts [14]