While this single auction event is not material to HGTY's overall financials, it enhances Broad Arrow's brand visibility and credibility in the high-end collector car market. Traders should monitor future auction volumes and average selling prices for signs of scalable growth in this segment.
Price Chart
Executive Summary
Broad Arrow Auctions, a subsidiary of Hagerty (HGTY), announced the successful sale of a rare 2025 Gordon Murray Automotive T.50 for $8,035,000 during a special auction event in Paso Robles, California. The proceeds will support the California Highway Patrol 11-99 Foundation and McPherson College’s Automotive Restoration Program. This high-profile sale highlights the strength of the collector car market and Broad Arrow’s positioning in the niche luxury auction space.
Key Financial Metrics
Key Facts
- 2025 Gordon Murray Automotive T.50 sold for $8,035,000 at a Broad Arrow Auctions event.
- Chassis number 009, one of 100 built, with less than 30 miles, finished in bespoke Reef red.
- Proceeds benefit the CHP 11-99 Foundation and McPherson College’s Automotive Restoration Program.
- Sale occurred during the 2026 California Mille, which pays tribute to the T.50 with five participating examples.
- Next auction event is April 25 in Southern California, featuring over 60 Porsche and RUF collector cars.
Financial Impact
Estimated $8.035M transaction value from a single car sale.
Risk Factors
- Limited financial impact from single-car events unless frequency or scale increases meaningfully.
- Forward-looking statements in the release are subject to risks including competition, fraud, and economic cycles.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3279295 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | Press Release | $15.52 | awaiting T+20 | — | $15.57 (+0.32%) |
Oct 15, 2026 12d ago | Press Release | $15.30 | awaiting T+20 | — | $15.57 (+1.76%) |
Oct 6, 2026 21d ago | SC 13G/A | $13.93 | awaiting T+20 | — | $15.57 (+11.77%) |
Sep 24, 2026 4w ago | Press Release | $13.58 $15.79 | ▲ +16.27% | ▲ +16.69% | $15.57 (+14.65%) |
Sep 23, 2026 4w ago | Press Release | $13.70 $15.52 | ▲ +13.28% | ▲ +12.60% | $15.57 (+13.65%) |
Sep 22, 2026 5w ago | Press Release | $13.55 $15.46 | ▲ +14.10% | ▲ +14.66% | $15.57 (+14.91%) |
Sep 17, 2026 5w ago | Press Release | $13.87 $15.30 | ▲ +10.31% | ▲ +9.10% | $15.57 (+12.26%) |
Sep 9, 2026 6w ago | Press Release | $13.49 $14.20 | ▼ −5.26% | ▼ −3.14% | $15.57 (−15.42%) |
Sep 3, 2026 7w ago | Press Release | $13.46 $13.61 | ▲ +1.11% | ▲ +2.30% | $15.57 (+15.68%) |
Aug 17, 2026 10w ago | Press Release | $12.86 $14.02 | ▲ +9.02% | ▲ +11.00% | $15.57 (+21.07%) |
US Market Status
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