HGTY HAGERTY INC

BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS

BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS

APPROXIMATELY 70 EXCEPTIONAL COLLECTOR CARS WILL BE AUCTIONED ON OCTOBER 31 AT WYNN LAS VEGAS

Grosse Pointe, Michigan, July 11, 2025 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan (July 11, 2025) – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, adds to its growing fall auction calendar with the announcement of The Las Vegas Auction—held in partnership with Concours at Wynn Las Vegas. Occurring on Friday, October 31, 2025, Broad Arrow's Las Vegas Auction will feature approximately 70 highly desirable collector cars and is expected to be a cornerstone event of the weekend. Returning for a fourth consecutive year, Concours at Wynn Las Vegas will feature an expanded showcase of more than 250 unique automobiles within four judged and non-judged pillars on the greens of Wynn Golf Club. Events start on October 31 and run through November 2, 2025.

“We are thrilled to partner with Concours at Wynn Las Vegas and look forward to being an integral part of the weekend’s calendar of events," said Barney Ruprecht, Vice President of Auctions for Broad Arrow. "Given the growing success of the event year over year, we anticipate client interest in the auction and Concours to be exceptional. Las Vegas is an outstanding auction location given its renowned status as a luxury destination and proximity to the many collector car communities in the region.”

“We’re honored to host Broad Arrow’s inaugural Las Vegas auction as part of this year’s Concours at Wynn Las Vegas,” said Brian Gullbrants, Chief Operating Officer, Wynn Resorts North America. “Broad Arrow’s auction hosted at Wynn will deliver an extraordinary array of remarkable vehicles and underscores our commitment to delivering guests with moments that surprise and delight, resulting in a can’t-miss experience.”

The Las Vegas Auction will be one of three live auctions—in addition to Belgium and Switzerland—conducted by Broad Arrow throughout October/November and highlights the company’s strategic global growth in Europe and continued expansion in the United States. The company will host its first-ever auction in Belgium, the Zoute Concours Auction, as part of Zoute Grand Prix Car Week on October 10, closely followed by the Zürich Auction on November 1 at the prestigious Dolder Grand Hotel in partnership with Auto Zürich, the international motoring show. 

These new auction events build on Broad Arrow’s continued global success. Since its first sale in 2022, the auction house has held a strong track record in North America with its highly successful flagship Monterey Jet Center Auction, held in conjunction with Motorlux (2024 Results: $71.5 million, 85 percent sell-through rate), and flagship Amelia Auction, the official auction of The Amelia Concours d’Elegance (2025 Results: $61.7 million, 88 percent sell-through rate), alongside its annual single-marque Porsche Auction in partnership with Air|Water and multiple single-owner private collection sales. Broad Arrow has also seen strong success in Europe with its recent inaugural Concorso d’Eleganza Villa d’Este Auction in Italy, held in partnership with BMW AG. The two-day auction achieved €31.2 million in total sales with 78 percent of all lots sold.

Additional information on The Las Vegas Auction is available at broadarrowauctions.com. Further information on Concours at Wynn Las Vegas can be found at lasvegasconcours.com. Initial consignments for the auction will be announced shortly, and collectors interested in consigning to or attending the auction are invited to speak with a Broad Arrow car specialist about this exciting debut on the international collector car calendar.

Editor’s Notes

Photos: All images from recent editions of Concours at Wynn Las Vegas (Credit – Courtesy of Concours at Wynn Las Vegas).

About Broad Arrow Auctions

Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Broad Arrow now expands its global auction footprint with three new auctions in 2025 to be held during Zoute Grand Prix in Belgium, Auto Zürich in Switzerland, and Concours at Wynn Las Vegas in the United States. Learn more at broadarrowauctions.com and follow us on , , , and . 

About Hagerty, Inc. (NYSE: HGTY)

Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit  or connect with us on , ,  and . 

About Wynn Las Vegas

Wynn Resorts is the recipient of more Forbes Travel Guide Five Star Awards than any other independent hotel company in the world and in 2025 was once again honored on FORTUNE Magazine’s World’s Most Admired Companies list. Wynn and Encore Las Vegas have two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas. The resort features approximately 196,000 square feet of casino space, 22 signature dining experiences, 10 bars, two award-winning spas, approximately 560,000 rentable square feet of meeting and convention space, approximately 174,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course. For more information on Wynn and Encore Las Vegas, visit.  

Forward-Looking Statements - This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. All statements provided, other than statements of historical fact, are forward-looking statements, including those regarding Hagerty’s future operating results and financial position, Hagerty’s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty’s objectives for future operations. The words “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “ongoing,” “contemplate,” and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements.

Hagerty has based these forward-looking statements largely on current expectations about future events, which may not materialize. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. These factors include, among other things, Hagerty’s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (“HDC”) subscribers; (ii) maintain key strategic relationships with our insurance distribution and underwriting carrier partners; (iii) prevent, monitor, and detect fraudulent activity; (iv) manage risks associated with disruptions, interruptions, outages or other issues with our technology platforms or our use of third-party services; (v) accelerate the adoption of our membership and marketplace products and services, as well as any new insurance programs and products we offer; (vi) manage the cyclical nature of the insurance business, including through any periods of recession, economic downturn or inflation; (vii) address unexpected increases in the frequency or severity of claims, and (viii) comply with the numerous laws and regulations applicable to our business, including state, federal and foreign laws relating to insurance and rate increases, privacy, the internet, and accounting matters.

The forward-looking statements herein represent the judgment of Hagerty as of the date of this release and Hagerty disclaims any intent or obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. This press release should be read in conjunction with the information included in the Hagerty’s other press releases, reports and other filings with the Securities and Exchange Commission. Understanding the information contained in these filings is important in order to fully understand Hagerty’s reported financial results and its business outlook for future periods.

Attachments



Ian Kelleher
Broad Arrow Auctions
917-971-4008
 

Meghan McGrail
Broad Arrow Auctions
519-365-8750
 
EN
11/07/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on HAGERTY INC

 PRESS RELEASE

MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW’S MONTEREY JET CENTE...

MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW’S MONTEREY JET CENTER AUCTION OFFERING COMPLETE DIGITAL CATALOG FOR AUGUST 13-14 AUCTION NOW AVAILABLE | TWO-DAY SALE FEATURES HIGHLY DESIRABLE COLLECTOR CARS ACROSS TODAY’S MOST ACTIVE MARKET CATEGORIES Grosse Pointe, Michigan, July 24, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to announce final entries for its flagship on August 13-14, led by a landmark 2005 Maserati MC12 Stradale, chassis number 12095. One of just 50 MC12 Stradale road cars built to homologate Maserati’s dominant FIA ...

 PRESS RELEASE

BROAD ARROW TO AUCTION DESIRABLE ASTON MARTIN ZAGATO DBZ CENTENARY COL...

BROAD ARROW TO AUCTION DESIRABLE ASTON MARTIN ZAGATO DBZ CENTENARY COLLECTION IN MONTEREY AUGUST 13-14 AUCTION TO FEATURE EXTREMELY RARE ASTON MARTIN DB4 GT ZAGATO CONTINUATION AND DBS GT ZAGATO | JUST 19 PAIRINGS WERE BUILT AND SOLD TOGETHER IN 2019 | THE CARS CELEBRATE OVER SIXTY YEARS OF COLLABORATION BETWEEN ASTON MARTIN AND ZAGATO Grosse Pointe, Michigan, July 22, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is proud to present an extremely rare Aston Martin DBZ Centenary Collection at its flagship Monterey Jet Center Auction on August 13-14, 2025....

 PRESS RELEASE

THE APEX AIR-COOLED RUF OF THE NINETIES: BROAD ARROW ADDS EXCEEDINGLY ...

THE APEX AIR-COOLED RUF OF THE NINETIES: BROAD ARROW ADDS EXCEEDINGLY RARE RUF CTR 2 SPORT TO MONTEREY JET CENTER AUCTION CTR 2 SPORT LEADS A LIST OF TODAY’S MOST COVETED MODIFIED PORSCHE-BASED PERFORMANCE CARS SET FOR THE AUGUST 13-14 SALE Grosse Pointe, Michigan, July 16, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to bring an exciting group of RUF Manufaktur and Porsche-based performance cars to its 2025 Monterey Jet Center Auction. The group is led by the apex air-cooled production RUF of the nineties, a 1998 RUF CTR 2 Sport (Estimate:...

 PRESS RELEASE

BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH ...

BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS APPROXIMATELY 70 EXCEPTIONAL COLLECTOR CARS WILL BE AUCTIONED ON OCTOBER 31 AT WYNN LAS VEGAS Grosse Pointe, Michigan, July 11, 2025 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan (July 11, 2025) – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, adds to its growing fall auction calendar with the announcement of The Las Vegas Auction—held in partnership with Concours at Wynn Las Vegas. Occurring on Friday, October 31, 2025, Broad Arrow's Las Vegas Auction will feature approximately 70 high...

 PRESS RELEASE

RARE FERRARI BERLINETTAS LINE UP FOR INAUGURAL BROAD ARROW ZOUTE CONCO...

RARE FERRARI BERLINETTAS LINE UP FOR INAUGURAL BROAD ARROW ZOUTE CONCOURS AUCTION AUCTION TO FEATURE A 1967 FERRARI 275 GTB/4 FINISHED IN EXTREMELY RARE VERDE PINO | HIGHLY COLLECTIBLE 1970 FERRARI 365 GTB/4 DAYTONA “PLEXI” ONE OF ONLY TWO DELIVERED NEW IN AVORIO | AUCTION TO TAKE PLACE ON 10 OCTOBER 2025 IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK LONDON, England, June 24, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is excited to announce that two very special Ferrari models are among the first to be consigned for its inaugural Zoute Concours Auct...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch