Broad Arrow to Launch Inaugural Collector Car Auction in Las Vegas
Broad Arrow's Exciting Inaugural Auction in Las Vegas
Broad Arrow Auctions, a company under Hagerty (NYSE: HGTY), is electrifying the collector car community with its upcoming inaugural auction, The Las Vegas Auction, in partnership with Concours at Wynn Las Vegas. This exciting event is scheduled for a Friday to remember as it showcases an astonishing selection of around 70 exclusive collector cars, set to take place alongside a weekend filled with automotive excellence.
Details of the Las Vegas Auction
Taking place from October 31 to November 2, this auction will not only mark the first for Broad Arrow in Las Vegas but is also an essential part of the esteemed Concours event. Barney Ruprecht, Vice President of Auctions for Broad Arrow, expressed his enthusiasm stating, “Our partnership with Concours at Wynn Las Vegas provides an exciting opportunity for car collectors and enthusiasts alike. We expect high levels of interest driven by the allure of the luxury destination and the surrounding car communities.”
Celebrating Automotive Heritage
The Concours at Wynn Las Vegas is renowned for showcasing more than 250 unique automobiles across both judged and non-judged categories. This year's events promise an even grander display, catering to car lovers from around the nation. The collaboration with Broad Arrow adds an additional layer, making the auction a perfect highlight for both seasoned collectors and newcomers to the scene. Brian Gullbrants, COO of Wynn Resorts North America, commented on the partnership, emphasizing the event's potential to deliver unforgettable experiences.
Global Reach and Future Plans
Broad Arrow is not only focusing on its Las Vegas auction but is also planning a series of auctions around the world. This includes live auctions in Belgium and Switzerland, reinforcing their strategy for global growth in collector markets. Their inaugural auction in Belgium, the Zoute Concours Auction, will take place during the prestigious Zoute Grand Prix Car Week, followed swiftly by a notable auction in Zürich, underscoring their commitment to expanding the collector car market internationally.
Proven Success and Expansion
Broad Arrow Auctions has made a significant impact since its inception in 2021, achieving remarkable success across North America. Their flagship events, such as the Monterey Jet Center Auction — boasting sales upwards of $71.5 million — and the Amelia Auction, which recorded $61.7 million, testify to their effectiveness in connecting buyers and sellers. They've also launched meaningful ventures in Europe, celebrating a record €31.2 million in sales during their inaugural Concorso d’Eleganza Villa d’Este Auction in Italy.
The Auction Experience
This anticipated auction promises to be an exhilarating experience for attendees and participants. Interested collectors can look forward to initial consignments being announced soon. Broad Arrow invites enthusiasts to speak with their team of car specialists to explore the exciting possibilities that the Las Vegas Auction will bring. It's an opportunity to engage with other collectors, enjoy unparalleled luxury, and witness history in the making.
Frequently Asked Questions
What is the date for the inaugural Las Vegas Auction?
The Las Vegas Auction is scheduled for October 31, 2025, continuing through November 2, 2025.
How many collector cars will be featured?
Approximately 70 highly desirable collector cars are expected to be showcased at the auction.
What is the significance of this auction?
This inauguration marks Broad Arrow's entry into the Las Vegas auction scene, elevating the profile of collector car auctions in this luxury destination.
Who are the key partners for this event?
The auction is in partnership with the prestigious Concours event held at Wynn Las Vegas.
How can collectors get involved?
Collectors interested in consigning or attending can reach out to a Broad Arrow car specialist for more information and assistance.
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