{"id":868875,"date":"2025-07-11T11:13:06","date_gmt":"2025-07-11T15:13:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/broad-arrow-announces-inaugural-las-vegas-auction-in-partnership-with-concours-at-wynn-las-vegas\/"},"modified":"2025-07-11T11:13:06","modified_gmt":"2025-07-11T15:13:06","slug":"broad-arrow-announces-inaugural-las-vegas-auction-in-partnership-with-concours-at-wynn-las-vegas","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/broad-arrow-announces-inaugural-las-vegas-auction-in-partnership-with-concours-at-wynn-las-vegas\/","title":{"rendered":"BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS"},"content":{"rendered":"

\nAPPROXIMATELY 70 EXCEPTIONAL COLLECTOR CARS WILL BE AUCTIONED ON OCTOBER 31 AT WYNN LAS VEGAS
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Grosse Pointe, Michigan, July 11, 2025 (GLOBE NEWSWIRE) — GROSSE POINTE, Michigan (July 11, 2025)<\/b> \u2013 Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, adds to its growing fall auction calendar with the announcement of The Las Vegas Auction<\/b>\u2014held in partnership with Concours at Wynn Las Vegas<\/b>. 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.<\/p>\n

\u201cWe are thrilled to partner with Concours at Wynn Las Vegas and look forward to being an integral part of the weekend\u2019s calendar of events,” said Barney Ruprecht<\/b>, Vice President of Auctions for Broad Arrow<\/b>. “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.\u201d<\/p>\n

\u201cWe\u2019re honored to host Broad Arrow\u2019s inaugural Las Vegas auction as part of this year\u2019s Concours at Wynn Las Vegas,\u201d said Brian Gullbrants, Chief Operating Officer, Wynn Resorts North America<\/b>. \u201cBroad Arrow\u2019s 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\u2019t-miss experience.\u201d<\/p>\n

The Las Vegas Auction will be one of three live auctions\u2014in addition to Belgium and Switzerland\u2014conducted by Broad Arrow throughout October\/November and highlights the company\u2019s 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 Z\u00fcrich Auction on November 1 at the prestigious Dolder Grand Hotel in partnership with Auto Z\u00fcrich, the international motoring show.\u00a0<\/p>\n

These new auction events build on Broad Arrow\u2019s 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\u2019Elegance (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\u2019Eleganza Villa d\u2019Este Auction in Italy, held in partnership with BMW AG. The two-day auction achieved \u20ac31.2 million in total sales with 78 percent of all lots sold.<\/p>\n

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.<\/p>\n

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\n Editor\u2019s Notes<\/u>
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\n Photos:<\/b> All images from recent editions of Concours at Wynn Las Vegas (Credit \u2013 Courtesy of Concours at Wynn Las Vegas).<\/p>\n

\n About Broad Arrow Auctions
<\/b>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\u2019s flagship annual events include\u00a0The Monterey Jet Center Auction, in conjunction with Motorlux in California,\u00a0The Amelia Auction, as the official auction of The Amelia (Concours d\u2019Elegance) in Florida, and\u00a0The Porsche Auction, in conjunction with Air | Water by Luftgek\u00fchlt 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\u2019Eleganza Villa d\u2019Este 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 Z\u00fcrich in Switzerland, and Concours at Wynn Las Vegas in the United States. Learn more at\u202fbroadarrowauctions.com\u202fand follow us on\u202fInstagram<\/a>,\u202fFacebook<\/a>,\u202fLinkedIn<\/a>, and\u202fTwitter<\/a>.\u00a0<\/p>\n

\n About Hagerty, Inc. (NYSE: HGTY)<\/b>
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\n <\/b>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\u2019t get enough of cars. For more information, please visit\u00a0www.hagerty.com<\/a>\u00a0or connect with us on\u00a0Facebook<\/a>,\u00a0Instagram<\/a>,\u00a0X<\/a>\u00a0and\u00a0LinkedIn<\/a>.\u00a0<\/p>\n

\n About Wynn Las Vegas
<\/b>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<\/i> Magazine\u2019s World\u2019s 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 press.wynnlasvegas.com<\/a>.\u00a0\u00a0<\/p>\n

\n Forward-Looking Statements –\u00a0<\/b>This press release contains statements that constitute \u201cforward-looking statements\u201d 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\u2019s future operating results and financial position, Hagerty\u2019s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty\u2019s objectives for future operations. The words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cenvision,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201cpotential,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201ccontinue,\u201d \u201congoing,\u201d \u201ccontemplate,\u201d and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements.<\/p>\n

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\u2019s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (\u201cHDC\u201d) 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.<\/p>\n

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\u2019s 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\u2019s reported financial results and its business outlook for future periods.<\/p>\n

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