Core Insights - Motorlux, hosted by Hagerty, successfully kicked off Monterey Car Week with a sold-out event attracting 4,250 guests, showcasing over 275 collector cars and 15 aviation displays [1][2] - The event featured a range of curated themes and high-performance vehicles, including the impressive 2023 Porsche 992 TurboCup [5] - Broad Arrow's Monterey Jet Center Auction achieved over $57.4 million in total sales, with a record-setting sale of a 2005 Maserati MC12 Stradale for $5.2 million [3][4] Event Highlights - Motorlux provided an elevated experience with fine cuisine from 20+ restaurants, including Michelin-recognized establishments and unique culinary brands [7] - The auction set eight world record prices for modern collectibles, indicating a strong market for vehicles built in 1980 or later [4] - The event also supported charitable causes, benefiting the CHP 11-99 Foundation and the Navy Postgraduate School Foundation [6] Company Overview - Hagerty is a leading automotive enthusiast brand, offering specialty vehicle insurance, car valuation data, and auction services, catering to a community of nearly 890,000 car enthusiasts [9]

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]

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]