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MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW’S MONTEREY JET CENTER AUCTION OFFERING
Globenewswire· 2025-07-24 17:16
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 highly desirable 2005 Maserati MC12 Stradale, estimated between $4.8 million and $5.5 million [1][2][3] Auction Highlights - The auction will present 170 lots, showcasing a variety of collector cars across active market segments, including modern supercars, post-war classics, and rising JDM icons [4][5] - Notable supercar entries include the 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million), 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million), and 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) [6][8] - The auction will also feature significant track-focused vehicles, such as the 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million) [10] Market Trends - The current collector car market is seeing younger buyers who prioritize performance and usability, seeking rare and high-quality vehicles [5] - The Japanese Domestic Market (JDM) segment is gaining traction, with a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO leading the offerings (Estimate: $700,000 - $850,000) [13] - The post-war classic car segment remains a staple, highlighted by a 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) [14] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, having rapidly expanded its presence since its founding in 2021 [18] - The company is known for its high-quality offerings and has established flagship events, including the Monterey Jet Center Auction and others in collaboration with prestigious automotive events [18]
THE APEX AIR-COOLED RUF OF THE NINETIES: BROAD ARROW ADDS EXCEEDINGLY RARE RUF CTR 2 SPORT TO MONTEREY JET CENTER AUCTION
Globenewswire· 2025-07-16 17:00
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to feature a collection of high-performance RUF and Porsche-based cars at the 2025 Monterey Jet Center Auction, with the highlight being a 1998 RUF CTR 2 Sport estimated between $3,000,000 and $3,500,000 [1][12] Group 1: RUF CTR 2 Sport Overview - The RUF CTR 2 Sport, unveiled in 1995, is a high-performance vehicle built on the Porsche 993 chassis, featuring a 3.6-liter twin-turbocharged engine producing 580 horsepower and 505 lb-ft of torque, achieving 0-60 mph in 3.6 seconds and a top speed of 217 mph [2][3] - Only 29 units of the CTR 2 were produced, with just 14 being the Sport variant, which is lighter, wider, and more powerful than the standard model [3][4] - The specific car being auctioned was ordered by Frank Beddor and is one of only four CTR 2 examples with all-wheel drive [4] Group 2: Auction Details - The auction will take place on August 13-14, 2025, featuring over 170 collector cars and is expected to attract thousands of collectors and enthusiasts [12] - Broad Arrow's previous Monterey auction in 2024 achieved a total of $71.5 million with an 85% sell-through rate, indicating strong demand in the collector car market [12] Group 3: Additional Offerings - Other notable cars in the auction include a 1991 Porsche 911 Reimagined by Singer DLS, estimated between $2,900,000 and $3,200,000, showcasing modern automotive art and performance [7] - The auction will also feature a 2011 RUF Rt Roadster, estimated between $900,000 and $1,200,000, and a 1987 Porsche 911 RUF Carrera 3.4 "Goldfinger," estimated between $850,000 and $1,100,000, highlighting the diversity and exclusivity of the offerings [19]
BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS
Globenewswire· 2025-07-11 15:10
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host The Las Vegas Auction on October 31, 2025, featuring approximately 70 collector cars, marking a significant event in the luxury auction calendar [1][2] - The auction is part of a broader partnership with Concours at Wynn Las Vegas, which will showcase over 250 unique automobiles from October 31 to November 2, 2025 [1][2] - This event is part of Broad Arrow's strategic expansion, with additional auctions planned in Belgium and Switzerland, highlighting the company's growth in both North America and Europe [2][3] Company Overview - Broad Arrow Auctions was founded in 2021 and has quickly established itself as a leading global collector car auction house, known for high-quality vehicles [8] - The company has achieved notable success in North America, with flagship auctions such as the Monterey Jet Center Auction generating $71.5 million in 2024 and the Amelia Auction achieving $61.7 million in 2025, both with high sell-through rates [3] - Broad Arrow has expanded its global footprint, recently launching its first European auction in partnership with BMW AG, achieving €31.2 million in total sales [3][8] Event Details - The Las Vegas Auction will be one of three live auctions conducted by Broad Arrow in October and November, emphasizing the company's commitment to expanding its auction presence [2][3] - The event is expected to attract significant client interest due to Las Vegas's reputation as a luxury destination and its proximity to collector car communities [2] - Initial consignments for the auction will be announced soon, inviting collectors to participate in this high-profile event [4]