Broad Arrow Brings Supercar Heaven to October 31 Auction in Partnership with Concours at Wynn Las Vegas
Broad Arrow’s Las Vegas auction features $20M+ hypercars and rare classics on October 31.
What the company is saying
Broad Arrow Auctions, a Hagerty (NYSE:HGTY) subsidiary, is promoting its Las Vegas Auction on October 31 at Wynn Las Vegas, highlighting a curated lineup of 86 collector cars. The company emphasizes the rarity and value of the offerings, including hypercars and modern classics, and frames the event as one of the most exciting and modern in the collector car market. Alexander Weaver, Vice President and Senior Car Specialist, is quoted to reinforce the auction's appeal to serious collectors, noting the average model year is 1996. The announcement spotlights specific vehicles with detailed provenance and estimated values, such as the 1971 Lamborghini Miura P400 SV ($6M–$7M), 2023 Bugatti Chiron Super Sport ($4.3M–$4.7M), and 1997 Ferrari F50 (in excess of $20M). The release positions the auction as a premier event, inviting bidders and media to engage, and underscores Broad Arrow’s partnership with the Concours at Wynn Las Vegas.
What the data suggests
The auction lineup includes 86 cars with an average model year of 1996, targeting collectors seeking both modern and classic rarities. Headline vehicles and their estimates are: 1971 Lamborghini Miura P400 SV ($6,000,000–$7,000,000; 1 of 150), 2023 Bugatti Chiron Super Sport ($4,300,000–$4,700,000; 1 of ~80; $380,000 in options; <1,900 miles), 2015 McLaren P1 GTR by Lanzante ($3,200,000–$3,500,000; 1 of 58; 433 miles), 2019 Koenigsegg Regera ($2,500,000–$3,000,000; 1 of 80; $600,000 in appointments; 3,106 miles), 1994 Bugatti EB110 GT ($1,900,000–$2,200,000; 1 of 85), 2001 Ferrari 550 Barchetta ($1,100,000–$1,300,000; 10,634 miles), 2003 Ferrari Enzo ($6,500,000–$8,500,000; 1 of 111 US; <18,000 miles; $10,000+ 2026 service), 2014 Ferrari LaFerrari ($8,500,000–$10,000,000; 1 of ~120 US; warranty through Oct 2028), 2025 Ferrari Daytona SP3 ($16,000,000–$18,000,000; 1 of 600; 81 miles), and 1997 Ferrari F50 (>$20,000,000; 334th of 349; 106 miles). The data is detailed for each car but does not include company-level financials, auction revenue, or historical performance. All estimates are forward-looking, and realized sales will only be known post-auction.
Analysis
The announcement is a factual, detailed preview of an upcoming collector car auction, listing the vehicles, their rarity, and estimated values. All claims about the auction event, car lineup, and catalog release are realised and supported by the disclosed data. While some forward-looking statements exist (auction estimates, future warranty coverage), these are standard in auction marketing and not exaggerated relative to the evidence. There is no narrative inflation regarding company performance, no claims of financial or operational improvement, and no mention of capital outlay or long-term benefits. The tone is positive but proportionate to the event's nature. No profitability, revenue, or business growth metrics are disclosed, but this is appropriate for an event preview and not a deficiency in this context.
Risk flags
- ●Auction estimates are not guarantees of realized prices; final hammer prices may fall below or exceed estimates, directly impacting perceived auction success and future consignor confidence.
- ●The event’s financial impact on Hagerty or Broad Arrow is not disclosed; without auction revenue, margin, or cost data, investors cannot assess the auction’s contribution to company performance.
- ●High-value vehicles may fail to sell if reserve prices are not met or if market appetite softens, introducing volatility in auction outcomes and reputational risk for future events.
Bottom line
This announcement previews a high-profile collector car auction with headline vehicles estimated up to and above $20 million, but does not disclose any company-level financials or expected revenue for Hagerty or Broad Arrow. The lineup’s rarity and value are clear, but the investment case hinges entirely on realized sales, which will only be known after October 31. Without auction performance data, the announcement serves as an event catalyst and marketing tool rather than a basis for financial analysis. Investors should focus on post-auction disclosures to gauge actual demand, pricing strength, and the event’s impact on Hagerty’s business. The most important takeaway is that while the cars and estimates are impressive, actionable investment insight will depend on the auction’s realized results.
Announcement summary
(NYSE:HGTY) Hagerty, through its subsidiary Broad Arrow Auctions, has released the complete digital catalog for its upcoming Las Vegas Auction, scheduled for October 31 at Wynn Las Vegas. This marks Broad Arrow’s second year as the official auction partner of the Concours at Wynn Las Vegas. The auction will feature 86 cars, including limited-production hypercars and analog modern classics. Headlining vehicles include a 1971 Lamborghini Miura P400 SV, estimated at $6,000,000 to $7,000,000, which is one of just 150 examples of the final Miura variant, chassis number 4936, exceptionally restored and recently imported to the U.S. A 2023 Bugatti Chiron Super Sport, estimated at $4,300,000 to $4,700,000, is one of approximately 80 examples and features over $380,000 in options, showing less than 1,900 miles from new. The 2015 McLaren P1 GTR by Lanzante, estimated at $3,200,000 to $3,500,000, is one of 58 produced, with a U.S. road conversion and just 433 miles. The 2019 Koenigsegg Regera, estimated at $2,500,000 to $3,000,000, is one of 80 made, equipped with nearly $600,000 in appointments and 3,106 miles at cataloging. The 1994 Bugatti EB110 GT, estimated at $1,900,000 to $2,200,000, is one of 85 produced, with its original quad-turbocharged 3.5-liter V12 and six-speed manual transmission. The 2001 Ferrari 550 Barchetta Pininfarina, estimated at $1,100,000 to $1,300,000, is offered with 10,634 miles and a new Cuoio leather interior. The 2003 Ferrari Enzo, estimated at $6,500,000 to $8,500,000, is one of 111 delivered new to the US, showing under 18,000 miles and serviced in 2026 by Ferrari Dallas at a cost exceeding $10,000. The 2014 Ferrari LaFerrari, estimated at $8,500,000 to $10,000,000, is one of approximately 120 delivered new to the U.S., with a two-year Certified Pre-Owned warranty valid through October 2028. The 2025 Ferrari Daytona SP3, estimated at $16,000,000 to $18,000,000, is one of 600 produced, offered from its original owner with just 81 miles. The 1997 Ferrari F50, estimated in excess of $20,000,000, is the 334th of 349 built, showing just 106 miles and complete with original delivery items. The average model year of the cars on offer is 1996. The complete digital catalog is available at broadarrowauctions.com. Interested bidders are invited to contact Broad Arrow Car Specialists. Media accreditation is open for the event. Alexander Weaver is Vice President and Senior Car Specialist for Broad Arrow Auctions.
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