who owns broad arrow auctions

The 1954 Oldsmobile F-88 Concept Car stands as a testament to the power of visionary design and automotive innovation. Don't miss your opportunity to own a piece of automotive royaltyplace your bid and let the legacy of the 1954 Oldsmobile F-88 Concept Car live on in your collection. The 1954 Oldsmobile F-88 Concept Car was a bold and daring creation that showcased Oldsmobile's vision for the future of automotive design. Next, complete checkout for full access to Motorious. Broad Arrow Group, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors with a commitment to integrity, trust, and innovation. By using our services, you agree to our use of Broad Arrow Group operates Broad Arrow Auctions, Broad Arrow Capital, and Collectors Garage and is headquartered in Grosse Pointe, Michigan. We appreciate the collector car community who supported and entrusted us in our first year. Everybody worked hard and did a great job. Step inside the F-88, and you'll be greeted by a sumptuous cabin that combines luxurious comfort with modern conveniences. The well-sorted car was equipped with many desirable factory features, eventually selling for a final $1,820,000, well-exceeding its pre-sale estimate of $1,200,000 to $1,400,000. WebSeinfeld officially took possession of the car during the Porsche Parade in Palm Springs, California, an event attended by members of the Porsche Club of America (PCA). NOTE: All prices are listed in USD and are inclusive of the applicable buyer's premium. We use AI across many departments, including advertising, industrial design, and game design, notes Dr. Stephens. Learn more at broadarrowgroup.com. The company was founded in 2021 by industry veterans who not only share their passion for cars but also a shared vision of bringing a new level of trust, simplicity, and accountability. Academy of Art University is the only professional art and design university to offer both design and restoration programs. Womans leg amputated after becoming trapped in Thai airport moving walkway, A documentary cameraman who took a test-dive in the Titan sub said OceanGate CEO Stockton Rush was 'flustered' with the submersible's comms going out but tried to 'make light of it', Jan. 6 participant, identified nearly two years ago, is arrested near Obama home, A visitor at Yellowstone National Park scrambled away in shock after she ignored warnings and put her hand into a steaming hot spring, Gay couple cited by Christian web designer who won Supreme Court case may not exist. A well-sorted 1961 Mercedes-Benz 300 SL Roadster tops the sale at $1,820,000, Auction Room Action on Saturday, 15 October, Gloversville, New York, Oct. 18, 2022 (GLOBE NEWSWIRE) --, Ford and Shelby lead additional highlights, including a new auction record set for the 1966 Shelby GT350 H Four-Speed at $313,000, Broad Arrow continues its 2022 calendar with inaugural West Palm Beach auction, 18-19 November at the Palm Beach County Convention Center, Complete results and information on upcoming events at broadarrowauctions.com. 17 Million-Dollar French Chateau, Minutes from Silicon Slopes, Broad Arrow Group, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors, with commitment to integrity, trust, and innovation. 90-Year-Old Man Uses A Foxbody As His Daily Driver, 90-Year-Old Man Is Still Restoring Classic Cars, Michael Jordan Takes Delivery of 300 MPH American Hypercar, C8 Corvette Compared To Porsche Cayman GTS, Lotus Emira, Watch Some Classics Go To The Car Crusher, Check Out Some Abandoned Classic Cars In The Woods. Broad Arrow Group represents the collective vision of its founders, team members, and strategic partners to be the best advisor, marketplace, and financier for car collectors. WebBroad Arrow Auctions, a Broad Arrow Group company, was founded by industry veterans who not only share their passion for cars but also a shared vision of bringing a new level of simplicity, transparency, and accountability within the collector car industry. Not only does it represent Oldsmobile's vision of the future, but it also marked the end of an era. As a Broad Arrow Group company led by a team with more than 100 years of combined industry knowledge and relationships, we look forward to serving you as your trusted collector car advisors. The thing about design is that humans are illogical, and our emotional attachment to the products that we use, the clothes we wear, the cars we drive, cant be created by a machine.. Broad Arrow Group is a holding company founded to develop and operate a portfolio of businesses and brands that address the needs of various segments of the collector car market and to transform the collector car industry. Broad Arrows top auction sales of 2022 were led by a trio of Ferraris sold during Motorlux at the Monterey Jet Center Auction, representing high points in the marques illustrious history. The 1954 Oldsmobile F-88 Concept Car holds a special place in automotive history. The bodywork is finished in a striking Ruby Red hue, complemented by gleaming chrome trim and iconic Oldsmobile badging. Broad Arrow Auctions This remarkable piece of automotive history, currently featured on Broad Arrow Auctions, represents a pivotal moment in automotive design and has left an indelible mark on enthusiasts and collectors alike. Its timeless beauty, striking design, and historic significance have made it an iconic symbol of automotive excellence. My dad, who succeeded my grandfather in leading the school, built on that philosophy by creating strong ties to the creative industry. Despite its overwhelming popularity at the Motorama show, the F-88 was never put into production. Broad Arrow Auctions The older cars expose the students to craftsmanship and design elements that we want them to realize and then improve upon for their own designs. The museum is open to the public; to book a tour with a docent, please visit https://academyautomuseum.org/visit/. We look at AI as an important tool in processing a vast amount of data to analyze consumer trends. 917-971-4008 377 Fisher Road, Suite H Grosse Pointe, MI Additional top sales of the weekend reflect Mr. Taylors particular affinity for Ford and Shelby performance. Your use of this website constitutes acceptance of our Privacy Policy and Terms & Conditions. We use cookies to enhance your experience. Average of 5 Peter Harholdt By VM Staff | 12.29.22 2:18 PM The fledgling Broad Arrow Group, a Hagerty company, achieved $86.7 million in total sales across three live auction events in the companys inaugural auction season, AugustNovember 2022. You've successfully subscribed to Motorious. sale. Founded in December 2021, Broad Arrow Group has quickly gained momentum within the collector car market, offering a new platform for buying and selling across multiple channels including auctions, private sales and financing solutions. Auction veteran Lydia Fenet commanded the room from the rostrum, making her debut as Principal Auctioneer for Broad Arrow. ", "This was an incredible debut, and we are tremendously grateful for the trust and support of our consignors, bidders and car collector community," said Kenneth Ahn, CEO of Broad Arrow Group & President of Hagerty Marketplace. A 1976 Aston Martin V8 Series III with Vantage Trim formerly owned by Peter Livanos brought a final $212,800, setting a new record for the model at auction. Terms of Use and Privacy Policy, located at www.broadarrowgroup.com, Model J Hibbard & Darrin Transformable Cabriolet, Type 2 '23-Window' Sunroof Deluxe Microbus, Collector Car Auctions | Broad Arrow Auctions, Riley MK XI Daytona Prototype Pair and 2002 Featherlite 53 ft Racing Transporter Package. More often than not, due to their discretionary nature, these transactions remain private and confidential. The sale will offer approximately 300 collector cars ranging from pre-war classics to modern supercars. About | Broad Arrow Auctions Its sleek and aerodynamic lines, combined with dramatic chrome accents, made it an instant sensation when it was unveiled at the 1954 Motorama show. "The quality and diversity of the offerings clearly hit the mark with buyers and validated the trends we are seeing in the marketplace. NOTE: All prices are listed in USD and are inclusive of the applicable buyers premium. Based in Traverse City, Michigan, Hagerty's purpose is to save driving and car culture for future generations and its mission is to build a global business to fund that purpose. This remarkable piece of automotive history, currently featured on Broad Arrow Auctions, represents a pivotal moment in automotive design and has left an indelible mark on enthusiasts and collectors alike. Equally impressive and incredibly rare is a 1932 Stutz DV-32 Weymann Super Bearcat. Meanwhile, Rennmeister will also be present at Ultrace with a display of the iconic orange track machines of Jgermeister Racing. Snchez visits Kyiv on the day Spain starts EU presidency to underline bloc's support for Ukraine, Sri Lanka's parliament to vote on debt restructuring plan amid economic crisis, Cambodia's Hun Sen kicks off campaign for virtually unopposed election, Chinese military delegation visited UK, France - ministry, Iowa auditor says new law will restrict his office's access to information. The two-day auction reached $21,258,415 in total sales with 99 percent of lots sold, including 131 motor cars and over 500 lots of automobilia, offered nearly entirely without reserve. The diversity and quality of cars on offer brought significant bidder interest and it was fantastic to see so many familiar faces from across the industry. Not only does it represent Oldsmobile's vision of the future, but it also marked the end of an era. Powering the F-88 is a potent Rocket V8 engine, which was the epitome of performance and innovation at the time. The Stutz SSJ, as it is often referred to, was built on a unique short-wheelbase chassis. Broad Arrow Auctions AAU auction by Broad Arrow Monterey - Hagerty Media Standout sales from the brands include a one-of-50 2020 Ford GT 69 Heritage Edition at $1,297,500, as well as a three-owner 1967 Shelby 427 Cobra and an incredibly original 1964 Shelby 289 Cobra at $1,325,000 and $995,000, respectively. Additional Broad Arrow Auctions this year include the company's first private collection offering, "Passion for the Drive: The Cars of Jim Taylor." The industry-veteran team realized 17 world record auction prices across the season, with an overall sell-through rate of 84 percent, selling 838 lots in total. Enthusiasm for low-production modern performance cars, led by a 2009 Mercedes-Benz SL 65 AMG Black Series at $379,000 and a 2003 Aston Martin DB AR1 Zagato at $313,000. Upcoming Auctions | Collector Car Auctions | Broad Arrow Auctions *World record auction price at the time of sale. We look forward to welcoming everyone as the official auction house of The Amelia in March.. See Auction Terms and Conditions for full details. Instead, only four examples were ever built, making it a rare gem that continues to captivate enthusiasts and collectors alike. News Broad Arrow Group Totals $86.7m in Inaugural Auction Season December 21, 2022 In the companys inaugural auction season, August November 2022, Broad Arrow Group, a Hagerty (NYSE: HGTY) company, achieved $86.7 million in total sales across three live auction events. The company will host its debut West Palm Beach Auction, November18-19 at the Palm Beach County Convention Center. Broad Arrow saw strong bidder turnout, with more than 1,000 registered bidders remotely over the phones and via the internet, as well as in the Gloversville, NY auction room. Save my name, email, and website in this browser for the next time I comment. Institutional Insider Retail 1 of 3 You've successfully signed in. Broad Arrow Auctions Totals $21.26 Million With Sale of The Cars Collectors Garage is focused on matching buyers and sellers privately with professionalism, integrity, and complete discretion. Public Surplus: Government Surplus Auctions Broad Arrow Please follow us and stay tuned as we develop new businesses, forge strategic partnerships, and innovate with creativity to become the preeminent marketplace for collector cars. Learn more at broadarrowauctions.com. Bringing in these classics helps train the eye of the students in car design and restoration, says Dr. Stephens. Its not always logical, because were drawn to cars emotionally.. We have great collectors in Silicon Valley. Broad Arrow Auctions Auctions | Classic Driver The 1954 Oldsmobile F-88 Concept Car was a bold and daring creation that showcased Oldsmobile's vision for the future of automotive design. This Remarkably Original 1950s Ferrari Racer Is Ready for a WebBroad Arrow Group is delighted to announce a selection of highlight consignments from the Collection of Mr. John S. Hendricks for its upcoming Monterey auction on August 17-18, which will take place at the Monterey Jet Center as part of the Hagerty Motorlux event. The auction for the company covers the full spectrum of Porsche productio Broad Arrow is looking for highly motivated and talented individuals to join our team. WebBroad Arrow Group (BAG) is a holding company founded to develop and operate a The bodywork is finished in a striking Ruby Red hue, complemented by gleaming chrome trim and iconic Oldsmobile badging. Its been an incredibly difficult decision, because were so deeply attached to them, says Dr. Stephens. Students can see where automotive design originated and how it evolved. Copyright Linkage Magazine. Welcome back! Heading into 2023, Im excited about what we can do as a Hagerty company, and we will continue to improve and innovate to better serve car enthusiasts for years to come. Success! The numbers-matching 1957 Ferrari 250 GT LWB Berlinetta Tour de France will be offered through Broad Arrow Auctions on August 18. Our students build their skills and portfolios instructed by those who practice the skills that they teach, which includes professional artists, car designers, and auto restorers.. Broad Arrow Auctions - Classics on Autotrader Equally impressive and incredibly rare is a 1932 Stutz DV-32 Weymann Super Bearcat. Driving The Incredible McMurtry Spirling Fan Car | Henry Catchpole The Drivers Seat, EXCLUSIVE 992 GT3 RS vs Corvette Z06 vs BMW M4 CSL w/ Randy Pobst Cammisas Ultimate Lap Battle, Academy of Art University Automotive Museum, Piston Slap: New tricks for an old car phone (Part V). Some of the factors that may cause our actual results to differ materially from those contemplated by our forward-looking statements include: (i) our ability to recognize the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on March 24, 2022. Great! TRAVERSE CITY, Mich., Aug. 22, 2022 /PRNewswire/ -- Broad Arrow Auctions, a Hagerty (HGTY) company, today announced that sales from its August 18 live auction at the Monterey Jet Center totaled nearly $55.3 million with 88 percent of all 93 lots on offer sold. Buyers premium for all non-motor car lots is twenty percent (20%) of the Hammer Price. On the heels of a successful Monterey Jet Center Auction, Hagerty CEO McKeel Hagerty announced Broad Arrow Auctions as the official auction house of The Amelia starting in March 2023. Don't miss your opportunity to own a piece of automotive royaltyplace your bid and let the legacy of the 1954 Oldsmobile F-88 Concept Car live on in your collection. Interested parties are invited to contact a Broad Arrow car specialist about remaining consignment opportunities. Results include post-auction transactions that were completed immediately following the sale. Broad Arrow Auctions LLC powered by Proxibid Broad Arrow Auctions Tickets for The Amelia (March 2-5, 2023) will go on sale October 1 at www.ameliaconcours.com/event. The crowded auction room included bidders from around the world, both in person and via telephone, internet and absentee bids. This press release should be read in conjunction with the information included in our other press releases, reports and other filings with the SEC. People always ask me, What does the future of creative art and design look like? concludes Dr. Stephens. Visit Website. WebBrowse auctions within area. The 1937 Bugatti Type 57C Atalante, chassis no. auction Success! It was a pleasure working with Broad Arrow Group and Im pleased with the results, said Jim Taylor following the auction. Arrow Electronics 1913 Pierce-Arow Model 38C Brougham Monterey Jet Center Auction 2023 Despite its overwhelming popularity at the Motorama show, the F-88 was never put into production. My answer is that everything changes all the time, but its the emotional connections created by great works of art and design that are most significant. Diese Webseite verwendet Cookies. Strong results for British sports cars emblematic of their respective eras, led by a pair of E-Types, including a 1967 Jaguar E-Type Series I 4.2 Roadster at $224,000 and a 1965 Jaguar E-Type Series I 4.2 Fixed Head Coupe at $201,600, each far-exceeding pre-sale estimates. Formerly known as the Amelia Island Concours d'Elegance, the event was acquired by Hagerty in 2021 and rebranded as The Amelia. We believe that its important to inspire the creative person into action and into working, and to keep them inspired. Located in the heart of San Francisco and with a total enrollment of 10,000, students enjoy a cosmopolitan, larger-school experience not found at other institutions. His philosophy was that the world benefits by allowing all to become creative leaders. Estimate: $175,000 - Broad Arrow This remarkable piece of automotive history, currently featured on Broad Arrow Auctions, represents a pivotal moment in automotive design and has left an indelible mark on enthusiasts and collectors alike. In November 2022, Hagerty also launched its Marketplace online auctions, which allow members and enthusiasts to buy and sell automobiles through a trusted, easy-to-use online auction platform. Available Lots | Collector Car Auctions | Broad Arrow Auctions Of the 126 different programs the Academy offers, the automotive-design program distinguishes itself by being one of only three such curricula in the country. By: VM Staff, RM Sothebys recently announced a once-in-a-generation collection of barn find Ferraris, aptly named The Lost & Found Collection, (), All contents copyright 2023, Racer Media & Marketing, Inc. All rights reserved. If anyone had any questions about whether this would be a strong year in the collectible car market, this week proved that demand is strong and there are cars available for every taste. Broad Arrow Auctions Totals $21.26 Million With Sale of The This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Thats a major focus for us, so that the students feel that there is forward motion., Aiding the Academys forward motion is its integration of artificial intelligence (AI) in its curricula. A limited edition white gold chronograph wristwatch with date and enamel dial, Circa 2003. Powering the F-88 is a potent Rocket V8 engine, which was the epitome of performance and innovation at the time.
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