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RECORD-SETTING $2.2 MILLION BUGATTI VEYRON LEADS BROAD ARROW’S INAUGURAL LAS VEGAS AUCTION
Globenewswire· 2025-11-03 18:48
Core Insights - Broad Arrow Auctions successfully held its inaugural Las Vegas Auction on October 31, 2025, achieving a total sales amount of $13.7 million with an impressive 82% sell-through rate [1][2][4] Auction Performance - The auction featured a total sales figure of $13,716,840, with 82% of the lots sold, indicating strong demand and participation [2] - More than one third of the bidders were first-time participants in a Broad Arrow auction, showcasing the auction's ability to attract new collectors [2] Notable Sales - The highlight of the auction was the sale of a 2010 Bugatti Veyron EB 16.4 Coupe, which sold for $2,205,000, setting a new world record for a standard Veyron at auction, surpassing its pre-sale estimate of $1.5 million to $1.8 million [3][6] - Other significant sales included a 1962 Mercedes-Benz 300 SL Roadster, which sold for $1,831,000 (estimate: $1.45 million to $1.6 million) and a 1965 Aston Martin DB5 Vantage, which fetched $1,116,000 (estimate: $850,000 to $1 million) [4][6] Market Trends - The auction results reflect a growing market demand for original, unmodified supercars, particularly the Bugatti Veyron, which has seen increased interest over the past year [4] - Classic cars, especially best-of-category examples, continue to attract discerning collectors, as evidenced by the strong performance of post-War classics at the auction [4][5] Future Outlook - Broad Arrow Auctions plans to expand its global footprint and bring its auction experience to new regions in 2026, following the success of its Las Vegas event [6]
RECORD-SETTING $2.2 MILLION BUGATTI VEYRON LEADS BROAD ARROW'S INAUGURAL LAS VEGAS AUCTION
Globenewswire· 2025-11-03 18:48
Core Insights - Broad Arrow Auctions, a Hagerty company, successfully held its inaugural Las Vegas Auction on October 31, 2025, at Wynn Las Vegas, achieving a total sales figure of $13,716,840 with 82% of lots sold [2][4] Auction Performance - The auction featured a strong attendance, with over one third of bidders participating for the first time [2] - The highlight of the auction was the sale of a 2010 Bugatti Veyron EB 16.4 Coupe, which sold for $2,205,000, setting a new world record for a standard Veyron at auction [3][4] - Other notable sales included a 1962 Mercedes-Benz 300 SL Roadster for $1,831,000 and a 1965 Aston Martin DB5 Vantage for $1,116,000, both exceeding their pre-sale estimates [4][5] Market Trends - The auction results indicate a growing demand for original, unmodified supercars, particularly the Bugatti Veyron, which has seen increased interest over the past year [4] - Classic cars continue to attract discerning collectors, as evidenced by the strong performance of post-War classics at the auction [4][5] Future Outlook - Broad Arrow Auctions plans to expand its global footprint, with intentions to bring the auction experience to new regions in 2026 [6] - The company is set to release a recap of its 2025 auctions and private sales in December, along with announcements for upcoming auctions in 2026 [8]
BROAD ARROW’S WYNN LAS VEGAS AUCTION FEATURES SOUGHT-AFTER CARS FOR EVERY COLLECTOR’S TASTE
Globenewswire· 2025-10-17 19:00
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is launching its inaugural Las Vegas Auction on October 31, featuring a selection of high-value collector cars and memorabilia [1][2][3] Auction Details - The auction will showcase 68 collector cars and two Formula One memorabilia lots, held at the Wynn Las Vegas [2] - The event is part of the Concours at Wynn Las Vegas, creating a weekend dedicated to car enthusiasts [2] Featured Cars - The auction is headlined by a 2010 Bugatti Veyron EB 16.4 Coupe, estimated between $1.5 million and $1.8 million, and a 1962 Mercedes-Benz 300 SL Roadster, estimated between $1.45 million and $1.6 million [3][4] - The Bugatti Veyron is one of only 252 original units, with a low mileage of 6,515 miles [3] - The Mercedes-Benz 300 SL Roadster is one of approximately 270 units with original features and has been recently serviced [3] Additional Highlights - The auction includes notable collections such as the Lone Star Sports Car Collection, featuring a 1963 Maserati 3500 GTI Vignale Spyder Prototype estimated at $475,000 to $575,000 [5] - The Cobalt Collection features modern performance cars, including a 2001 BMW Z8 estimated at $275,000 to $325,000 [6][9] Modern Collectibles - High-performance modern cars include two Mercedes-Benz McLaren SLRs, with estimates of $850,000 to $950,000 for a 2009 Roadster and $600,000 to $700,000 for a 2006 Coupe [11][12] - A 2023 Ferrari 296 GTS Assetto Fiorano is also featured, estimated at $400,000 to $450,000 [13] Event Logistics - The auction is scheduled for October 31 at 3:00 PM PDT, with previews on October 30 and 31 [13][14] - Interested bidders can register and view the complete digital catalog online [14]
BROAD ARROW'S WYNN LAS VEGAS AUCTION FEATURES SOUGHT-AFTER CARS FOR EVERY COLLECTOR'S TASTE
Globenewswire· 2025-10-17 19:00
Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its inaugural Las Vegas Auction on October 31, 2025, in partnership with Concours at Wynn Las Vegas, featuring a complete digital catalog of collector cars and memorabilia [1][2]. Auction Details - The auction will showcase 68 collector cars and two Formula One memorabilia lots, held in the Bandol 1 Room at Wynn Las Vegas, with cars displayed at the Wynn Golf Club [2]. - The event is part of the Concours at Wynn Las Vegas, providing a weekend of activities for car enthusiasts [2]. Featured Cars - The auction highlights include a 2010 Bugatti Veyron EB 16.4 Coupe, estimated between $1,500,000 and $1,800,000, and a 1962 Mercedes-Benz 300 SL Roadster, estimated between $1,450,000 and $1,600,000 [3]. - The Bugatti Veyron is one of only 252 original Coupes, with a low mileage of 6,515 miles, while the 300 SL Roadster retains its original components and is presented in its original colors [3]. Additional Collections - The auction will feature the Lone Star Sports Car Collection, which includes notable models such as a 1963 Maserati 3500 GTI Vignale Spyder Prototype (Estimate: $475,000 - $575,000) and a 1959 BMW 503 Series II Cabriolet (Estimate: $425,000 - $475,000) [5]. - The Cobalt Collection will also be present, featuring performance cars like a 2001 BMW Z8 (Estimate: $275,000 - $325,000) and a 2013 Dodge SRT Viper GTS Launch Edition (Estimate: $160,000 - $200,000) [6]. Modern Collectibles - The auction includes high-performance modern collectibles such as a 2009 Mercedes-Benz SLR McLaren Roadster 722 S (Estimate: $850,000 - $950,000) and a 2006 Mercedes-Benz SLR McLaren Coupe by MSO (Estimate: $600,000 - $700,000) [8][9]. - Additional modern collectibles include a 2023 Ferrari 296 GTS Assetto Fiorano (Estimate: $400,000 - $450,000) [10]. Event Schedule - The Las Vegas Auction is scheduled for October 31 at 3:00 PM PDT, with previews on October 30 and 31 [10].