{"success":true,"data":{"pressRelease":{"id":"171769","rtpr_id":"nGNX736T3D-20261016","ticker":"HGTY","exchange":"NYSE","all_tickers":["HGTY"],"title":"BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS","author":"Globe Newswire","published_at":"2026-10-16T17:07:53.122Z","article_body":"Grosse Pointe, Michigan, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Broad Arrow\nAuctions and Private Sales, driven by Hagerty (NYSE: HGTY), is at the\nforefront of the modern Ferrari collector market as it continues to show\nsignificant growth in 2026. Analysis from Hagerty shows a surge in demand for\nmodern supercars which now account for 38 percent of the global collector car\nauction market. Hypercars have seen a similar increase, representing 32\npercent of the auction market, with both segments being driven in large part\nby the demand for highly desirable Ferrari models.\n\nBroad Arrow Auctions has released another highly desirable lineup of Ferrari\nhypercars and supercars for its upcoming second annual Las Vegas Auction, set\nfor October 31 in partnership with Concours at Wynn Las Vegas.\n\nLatest highlights are led by a 2025 Ferrari Daytona SP3 (Estimate: $16,000,000\n- $18,000,000), chassis number 314846, finished in the exquisite Tailor Made\nshade of Verde Francesca over a two-tone Nero Alcantara and Mustard Aunde\nJeans interior. Offered from its original owner, the curator of an exceptional\nprivate collection, the SP3 is one of just 600 examples produced and displays\njust 81 miles at cataloging. The second model in Ferrari’s sought after\n“Icona” series, the Daytona SP3 is many things—a rolling tribute to one\nof the marque’s most triumphant afternoons, a showcase of naturally\naspirated engineering at its peak, and quite possibly the final chapter in a\nmid-engine, naturally aspirated lineage that began nearly sixty years ago. The\ncar on offer is equipped with numerous carbon fiber elements, airbrushed\nfender shield, a suspension lifter, and a full complement of factory\naccessories.\n\n“The collector car market has quickly recognized the significance of the\nDaytona SP3 in Ferrari’s history,” says Barney Ruprecht, Vice President of\nAuctions for Broad Arrow. “In the few short years since the SP3's reveal,\nvalues have climbed sharply, reflecting both the model's extreme exclusivity,\nand a growing understanding that it may represent the final expression\nFerrari’s naturally aspirated V12 for the road. This is a particularly\nspecial example of the 600 made, with a bespoke specification that’s sure to\nappeal to today’s most discerning collectors.”\n\nAdditional thrilling Ferrari highlights coming to Broad Arrow Las Vegas\nAuction include:\n\n2014 Ferrari LaFerrari (Estimate: $8,500,000 - $10,000,000)\n(https://www.globenewswire.com/Tracker?data=U-d4yXet9O7cWtAeIi_6c1TZ3cVMcwtzkXklsOAGRi2-AfraOYiuu9v6gMUSLcJxAkjyVGRGUL12ZL495jXW_B3R20yPJwvhIZR7xGpzIvy9i2nHpUqGVqf6HTtF2U6ZaOFVgZXbqe5AMS8a_S8_yMsQX60MxEnnVZNB6rGpBZK3MdNuUTVx2_mCRu7jqJs7yYqfLm3DgAOxvEzmRz9n_g==)\n\nThis is a low-mileage, extensively specified example of the first hybrid\nhypercar from Maranello, producing a combined 950 horsepower from its\n6.3-liter V12 hybrid powerplant. One of approximately 120 examples delivered\nnew to the US, the LaFerrari on offer is finished in iconic Rosso Corsa over\nNero leather with Rosso accents, recently serviced, and accompanied by its\nbattery charger, fitted car cover, and tool kit. It is offered with a two-year\nCertified Pre-Owned warranty, including coverage of its hybrid battery, valid\nthrough October 2028.\n\n2003 Ferrari Enzo (Estimate: $6,500,000 - $8,500,000)\n(https://www.globenewswire.com/Tracker?data=kfCdPBqKd-AKqPoRV9gXDLV4A3P0SZtqNyzDA83NIWQtA35f0O1k_Wkx-N84bfpLZDZcGkXgUf9Jq90g88YGGJbAOfuTgCcc1nJUsBCtfmUsMKHAbT0PtXZZVZWT52N_WPu0_rgNNxMbPYCVxD9VG90XGT-_zteTalQk3R2tCa3g2UOYHu_fyY7VaKa_XEZnM7O5ldlOHjtuSam6p72XuA==)\n\nOne of only 111 delivered new to the US market, this true driver’s example\nof Ferrari’s singular turn-of-the-century hypercar shows under 18,000 miles\nat cataloging. It has been refinished by Carrozzeria Zanasi in Maranello to\nits original Rosso Corsa and features a Pelle Nera interior. Classiche\ncertified and serviced in 2026 by Ferrari Dallas at a cost exceeding $10,000,\nthis is an eminently usable example of the iconic hypercar that carries the\nlegacy of Enzo Ferrari, prepared to be enjoyed the way its namesake intended.\n\n2011 Ferrari 599 SA Aperta (Estimate: $4,100,000 - $4,500,000)\n(https://www.globenewswire.com/Tracker?data=Z0i5UVe3oqwU0iTPL7__YQWqfgivd8dlhzyKrsf7DSEwwbH-GOHbJq5lMiC1aJHRSEgLp48RzHdDlfJlP_7ulFtDdzTa5evcs_QYIa3U_oczEUTKdLk_qk2ByCVyyVlFPu_ip40AHLoKN3EyUCsyyfAHjk_fuKbJPXe_KYfqNVWuwucPn-0PahbeCYFrOFShcfii8mvsSyGcOwFdbTr-XShtHXjuNMv0dU7Uz-4g2y8=)\n\nThis exceptionally rare supercar is one of only 80 special series SA Aperta\nmodels produced in celebration of Pininfarina’s 80(th) anniversary. Finished\nin classic Rosso Corsa over Nero leather with Rosso details, it is offered in\nnear-new condition with just 745 miles, $87,000 in optional extras, and an\nexhilarating zero-to-62 miles per hour time of 3.6 seconds with a top speed of\n202 miles per hour.\n\nAdditional modern collectible Ferraris on offer include the just-announced\n106-mile time capsule 1997 Ferrari F50, a 2015 Ferrari 458 Speciale A offered\nwithout reserve, a 2015 Ferrari 458 Speciale, a 2001 Ferrari 550 Barchetta\nPininfarina, and more. View the more than 25 Ferraris on offer in the Las\nVegas Auction here\n(https://www.globenewswire.com/Tracker?data=befB2qwYTfwS6gVWUQNzTcic0sB03_v0sOSJBD7cxh55J94A8ewOjryI-rL0jMnhDtCOns3XNY0C7z0SU3oi_Bv0Kh6AvgBJbhpZ24KsrGjUzK9tkUc4owkGnC-aPoBdpFEyhcGJYfVmPTIyA1ZjZG5lfxpTaXyzleWjUSOkTnguV4ufm0UtMwF9OzrytHqJ).\n\nFollowing the fantastic results for many Ferrari supercars at Broad Arrow\nrecent Zoute Concours Auction, the company continues its momentum in Europe\nwith its second annual Zürich Auction on November 7, the official auction\npartner of the renowned Auto Zürich show. Exceptional Ferraris are set for\nthe sale at the Dolder Grand hotel, including two of the market’s most\ndesirable models, offered without reserve.\n\n2015 Ferrari LaFerrari (Estimate: CHF 5'500'000 - CHF 7'500'000 | Offered\nWithout Reserve)\n(https://www.globenewswire.com/Tracker?data=8FDWDh95mpVDma_cuPl1rqfTXHA7hmLcVZkjbZv-y6t8X43g1dz6Zz_eat0xAjzZT5ipwUoLXDXz5-Tlxv2N-5dgwjM8fdLIgL2dXADSUHUtHD7LWj4kbvt4iutUktoL4fPiyB2i9qEoVmBuUG2MpCLrBcnIRQ_02tshoo5B6rpj9Uz5igLEyPbG2ti8ZNxQfIG2WfefI2-M6WnvNaBn37XwFIMk4iTwXKFeHs0ZITLPjt8YXK6kVTtxNF1l5DnoH4yJCc8vxyPIvtReWvtzTQ==)\n\nStriking in Bianco Fuji over a Bianchi/Neri leather interior, the LaFerrari on\noffer in Zürich is one of approximately 50 examples specified with the\nexposed carbon-fiber roof. This delivery-mileage example is offered with the\ncommon “sticky buttons” issue remedied and with a new high-voltage\nbattery. The LaFerrari is a well-cared-for example of an essential\nacquisition—one of the most significant Ferraris ever built.\n\n2017 Ferrari F12tdf (Estimate: CHF 1'300'000 - CHF 1'500'000 | Offered Without\nReserve)\n(https://www.globenewswire.com/Tracker?data=t5JuBgLEkm_zqwdCvgGAbkcTcChcuUdlI3g6EN6vhtQJZGbT6OHiy4lJMxs7YIRj7Rc2afEaiYskHJnBWS1qQLyg_l1xN3JEzk-QB7Mt_P11Ijd9n1SzMLhqLcWoikIVEkTthjUnwcYWtRFWSOG8mxS_YEA3YA5s6eotb83xWUUFd7tuBU51HT9pzppfUm3apNK8B4aSCUvjEGPhmmcXWX56FHkg9HXQDtq2uOZ8bu5olCCQS7Eal7KcADeg5DOHJff-_gzHfD2_qjpO9F5uCg==)\n\nThe F12tdf was the last Ferrari model to be styled in collaboration with\nPininfarina and features a 6.3-litre V12, the most powerful naturally\naspirated V12 when it was introduced. This particular car was delivered new to\nSwitzerland finished in distinctive special-order matte Alluminio Opaco over\nNero Alcantara with matter carbon fiber and Giallo accents throughout. Offered\nwith just two owners and 13,601 kilometers from new, this is a recently\nserviced, compelling example of a highly coveted Ferrari.\n\nView the more than 13 Ferraris on offer in Broad Arrow’s Zürich Auction\nhere\n(https://www.globenewswire.com/Tracker?data=befB2qwYTfwS6gVWUQNzTfvaRLs9CCWYkGLUC_S7ZbdnLHZo2_LNWC7Qu4TfvyRdCVzBgnpS0f0mOa7zkFuDOQLUQ2n2v0I11HW7QPtvvYqN17giaQAWdzgFd95x5YppsWvJp4oAldUVMfcjlrnKxfIJk4H8e5wgk2Po9x0xSCdprRGhQEFhmxao3_ciFrnQ).\n\nBroad Arrow Private Sales has connected the buyers and sellers of many of the\nmost in-demand Ferrari supercars in recent months, with successful sales\nthroughout its international network. Recent results include two desirable\n“non-cat, non-adjust” examples of the iconic F40 supercar in both the US\nand the UK, a 2024 Ferrari Daytona SP3 in a stunning Atelier specification of\nExtrarange Nero DS Opaco with Gloss Black wheels, and a superbly preserved\n2004 Ferrari Enzo with an unbroken chain of Japanese documentation. Learn more\nabout Broad Arrow Private Sales at broadarrowprivatesales.com\n(https://www.globenewswire.com/Tracker?data=f5SlolQ78QZJgdB42Inc-tqZ8CSFRN95eKFhEVyLzZGVvRXZQ6jriqu9nOe-z1Dqr6G1_pLN_dJ-SpWrpPhvHEgbNOCEqRtSJs70kRk9DI_6IvWBM-SpHAo-GkpM01bx).\n\nThe market for modern Ferrari supercars is looking stronger than ever, and\nBroad Arrow is proud to be entrusted by both buyers and sellers to secure new\nhomes for these spectacular pieces of motoring history.   Those interested\nin the sale or purchase of a Ferrari through either Broad Arrow Auctions or\nPrivate Sales are invited to contact a Broad Arrow Car Specialist via\ninfo@broadarrowauctions.com or by calling +1 313-312-0780 in North America or\n+44-2045-920-16 in EMEA.\n\nFurther details, high-res images, and interviews with Broad Arrow Executives\nand Specialists available on request.\n(https://www.globenewswire.com/Tracker?data=FhFwFL3k_RxPfjcvSrv7HH-8_9c6B463vxmAI5RJai41mQDGbCZlYeYyJwpjv1znSLxrTH4gs8HGfl3hjGDZuFSdv_ZAYDz3__Lgt6lcQWMOD6tS9_eafw1kqlGhFUUV1dcC-N3xLK-WYLq-2G40Igp0ix4tAn32uqtsQWbNKWU=)\n\nEnds. \n\n\n\nEditor’s Notes\n\nPhoto Credit: All images Courtesy of Broad Arrow.\n\nAbout Broad Arrow Auctions\nBroad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is a leading global\ncollector car auction house founded in 2021 by industry veterans. As the\nfastest-growing auction house in its segment, Broad Arrow connects exceptional\ncollector cars with enthusiasts worldwide through flagship events including\nThe Broad Arrow Quail Auction (the official auction of The Quail by The\nPeninsula, A Motorsports Gathering), The Amelia Auction (the official auction\nof The Amelia Concours), The Porsche Auction in collaboration with Air | Water\nby Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn\nLas Vegas, as well as international auctions held in partnership with Concorso\nd’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.\n\nLearn more at broadarrowauctions.com and follow us on Instagram, Facebook,\nLinkedIn, and Twitter.\n\nAbout Hagerty, Inc. (NYSE: HGTY) \nHagerty is a company built by drivers for drivers, protecting 2.8 million\nvehicles in the United States, Canada and the UK. We make it easier and more\nenjoyable for enthusiasts to drive and celebrate the machines they love\nthrough innovative insurance products, live and digital auctions, engaging\nmedia and events, as well as the Hagerty Drivers Club, the world’s largest\ncommunity of car lovers. For more information, please visit www.hagerty.com or\nwww.newsroom.hagerty.com.\n\nThe Hagerty Automotive Intelligence team uses their collector car expertise to\nanalyse Hagerty's massive trove of public auction results, private sales and\ninsurance data, and buyer and seller behaviour. Learn more about how we\ncollect our data at hagerty.com/valuation-tools\n(https://www.globenewswire.com/Tracker?data=0qixhHiAt7kCNMqmNORLY14g7VV8DcQPq9VcnE1d9WxO5-1aq53SbPLjuaadl2lKcoI0PnxY7I77T_c8kl0dHlTAW0dyCis39DiJ3N_-iKf9vgAmt7-88t5-34EI8pvB).\n\nForward-Looking Statements - This press release contains statements that\nconstitute “forward-looking statements” within the meaning of the federal\nsecurities laws. All statements provided, other than statements of historical\nfact, are forward-looking statements, including those regarding Hagerty’s\nfuture operating results and financial position, Hagerty’s business strategy\nand plans, products, services, and technology implementations, market\nconditions, growth and trends, expansion plans and opportunities, and\nHagerty’s objectives for future operations. The words “anticipate,”\n“believe,” “envision,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “predict,” “project,” “target,”\n“potential,” “will,” “would,” “could,” “should,”\n“continue,” “ongoing,” “contemplate,” and similar expressions, and\nthe negative of these expressions, are intended to identify forward-looking\nstatements. \n\nHagerty has based these forward-looking statements largely on current\nexpectations about future events, which may not materialize. Actual results\ncould differ materially and adversely from those anticipated or implied in the\nforward-looking statements. These factors include, among other things,\nHagerty’s ability to: (i) compete effectively within our industry and\nattract and retain our insurance policyholders and paid Hagerty Drivers Club\n(“HDC”) subscribers; (ii) maintain key strategic relationships with our\ninsurance distribution and underwriting carrier partners; (iii) prevent,\nmonitor, and detect fraudulent activity; (iv) manage risks associated with\ndisruptions, interruptions, outages or other issues with our technology\nplatforms or our use of third-party services; (v) accelerate the adoption of\nour membership and marketplace products and services, as well as any new\ninsurance programs and products we offer; (vi) manage the cyclical nature of\nthe insurance business, including through any periods of recession, economic\ndownturn or inflation; (vii) address unexpected increases in the frequency or\nseverity of claims, and (viii) comply with the numerous laws and regulations\napplicable to our business, including state, federal and foreign laws relating\nto insurance and rate increases, privacy, the internet, and accounting\nmatters.\n\nThe forward-looking statements herein represent the judgment of Hagerty as of\nthe date of this release and Hagerty disclaims any intent or obligation to\npublicly update or review any forward-looking statement, whether as a result\nof new information, future developments, or otherwise. This press release\nshould be read in conjunction with the information included in Hagerty’s\nother press releases, reports and other filings with the Securities and\nExchange Commission. Understanding the information contained in these filings\nis important in order to fully understand Hagerty’s reported financial\nresults and its business outlook for future periods.\n\nAttachments\n*     2025 Ferrari Daytona SP3 set for Broad Arrow's Las Vegas Auction on\nOctober 31\n(https://ml.globenewswire.com/Resource/Download/8ee57654-d89f-4ead-9ca4-048b2190670f)\n  \n*     2015 Ferrari LaFerrari offered without reserve at Broad Arrow's upcoming\nZurich Auction on November 7\n(https://ml.globenewswire.com/Resource/Download/c7a19094-02db-4bc4-b1f0-445cd779c5da)\nIan Kelleher\nBroad Arrow Auctions\n+1 917-971-4008\nikelleher@hagerty.com\n\nMeghan McGrail\nBroad Arrow Auctions\n+1 519-365-8750\nmmcgrail@hagerty.com\n\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX736T3D-20261016","title":"BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS","author":"Globe Newswire","ticker":"HGTY","created":"2026-10-16T17:07:53.122Z","tickers":["HGTY"],"exchange":"NYSE","article_body":"Grosse Pointe, Michigan, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Broad Arrow\nAuctions and Private Sales, driven by Hagerty (NYSE: HGTY), is at the\nforefront of the modern Ferrari collector market as it continues to show\nsignificant growth in 2026. Analysis from Hagerty shows a surge in demand for\nmodern supercars which now account for 38 percent of the global collector car\nauction market. Hypercars have seen a similar increase, representing 32\npercent of the auction market, with both segments being driven in large part\nby the demand for highly desirable Ferrari models.\n\nBroad Arrow Auctions has released another highly desirable lineup of Ferrari\nhypercars and supercars for its upcoming second annual Las Vegas Auction, set\nfor October 31 in partnership with Concours at Wynn Las Vegas.\n\nLatest highlights are led by a 2025 Ferrari Daytona SP3 (Estimate: $16,000,000\n- $18,000,000), chassis number 314846, finished in the exquisite Tailor Made\nshade of Verde Francesca over a two-tone Nero Alcantara and Mustard Aunde\nJeans interior. Offered from its original owner, the curator of an exceptional\nprivate collection, the SP3 is one of just 600 examples produced and displays\njust 81 miles at cataloging. The second model in Ferrari’s sought after\n“Icona” series, the Daytona SP3 is many things—a rolling tribute to one\nof the marque’s most triumphant afternoons, a showcase of naturally\naspirated engineering at its peak, and quite possibly the final chapter in a\nmid-engine, naturally aspirated lineage that began nearly sixty years ago. The\ncar on offer is equipped with numerous carbon fiber elements, airbrushed\nfender shield, a suspension lifter, and a full complement of factory\naccessories.\n\n“The collector car market has quickly recognized the significance of the\nDaytona SP3 in Ferrari’s history,” says Barney Ruprecht, Vice President of\nAuctions for Broad Arrow. “In the few short years since the SP3's reveal,\nvalues have climbed sharply, reflecting both the model's extreme exclusivity,\nand a growing understanding that it may represent the final expression\nFerrari’s naturally aspirated V12 for the road. This is a particularly\nspecial example of the 600 made, with a bespoke specification that’s sure to\nappeal to today’s most discerning collectors.”\n\nAdditional thrilling Ferrari highlights coming to Broad Arrow Las Vegas\nAuction include:\n\n2014 Ferrari LaFerrari (Estimate: $8,500,000 - $10,000,000)\n(https://www.globenewswire.com/Tracker?data=U-d4yXet9O7cWtAeIi_6c1TZ3cVMcwtzkXklsOAGRi2-AfraOYiuu9v6gMUSLcJxAkjyVGRGUL12ZL495jXW_B3R20yPJwvhIZR7xGpzIvy9i2nHpUqGVqf6HTtF2U6ZaOFVgZXbqe5AMS8a_S8_yMsQX60MxEnnVZNB6rGpBZK3MdNuUTVx2_mCRu7jqJs7yYqfLm3DgAOxvEzmRz9n_g==)\n\nThis is a low-mileage, extensively specified example of the first hybrid\nhypercar from Maranello, producing a combined 950 horsepower from its\n6.3-liter V12 hybrid powerplant. One of approximately 120 examples delivered\nnew to the US, the LaFerrari on offer is finished in iconic Rosso Corsa over\nNero leather with Rosso accents, recently serviced, and accompanied by its\nbattery charger, fitted car cover, and tool kit. It is offered with a two-year\nCertified Pre-Owned warranty, including coverage of its hybrid battery, valid\nthrough October 2028.\n\n2003 Ferrari Enzo (Estimate: $6,500,000 - $8,500,000)\n(https://www.globenewswire.com/Tracker?data=kfCdPBqKd-AKqPoRV9gXDLV4A3P0SZtqNyzDA83NIWQtA35f0O1k_Wkx-N84bfpLZDZcGkXgUf9Jq90g88YGGJbAOfuTgCcc1nJUsBCtfmUsMKHAbT0PtXZZVZWT52N_WPu0_rgNNxMbPYCVxD9VG90XGT-_zteTalQk3R2tCa3g2UOYHu_fyY7VaKa_XEZnM7O5ldlOHjtuSam6p72XuA==)\n\nOne of only 111 delivered new to the US market, this true driver’s example\nof Ferrari’s singular turn-of-the-century hypercar shows under 18,000 miles\nat cataloging. It has been refinished by Carrozzeria Zanasi in Maranello to\nits original Rosso Corsa and features a Pelle Nera interior. Classiche\ncertified and serviced in 2026 by Ferrari Dallas at a cost exceeding $10,000,\nthis is an eminently usable example of the iconic hypercar that carries the\nlegacy of Enzo Ferrari, prepared to be enjoyed the way its namesake intended.\n\n2011 Ferrari 599 SA Aperta (Estimate: $4,100,000 - $4,500,000)\n(https://www.globenewswire.com/Tracker?data=Z0i5UVe3oqwU0iTPL7__YQWqfgivd8dlhzyKrsf7DSEwwbH-GOHbJq5lMiC1aJHRSEgLp48RzHdDlfJlP_7ulFtDdzTa5evcs_QYIa3U_oczEUTKdLk_qk2ByCVyyVlFPu_ip40AHLoKN3EyUCsyyfAHjk_fuKbJPXe_KYfqNVWuwucPn-0PahbeCYFrOFShcfii8mvsSyGcOwFdbTr-XShtHXjuNMv0dU7Uz-4g2y8=)\n\nThis exceptionally rare supercar is one of only 80 special series SA Aperta\nmodels produced in celebration of Pininfarina’s 80(th) anniversary. Finished\nin classic Rosso Corsa over Nero leather with Rosso details, it is offered in\nnear-new condition with just 745 miles, $87,000 in optional extras, and an\nexhilarating zero-to-62 miles per hour time of 3.6 seconds with a top speed of\n202 miles per hour.\n\nAdditional modern collectible Ferraris on offer include the just-announced\n106-mile time capsule 1997 Ferrari F50, a 2015 Ferrari 458 Speciale A offered\nwithout reserve, a 2015 Ferrari 458 Speciale, a 2001 Ferrari 550 Barchetta\nPininfarina, and more. View the more than 25 Ferraris on offer in the Las\nVegas Auction here\n(https://www.globenewswire.com/Tracker?data=befB2qwYTfwS6gVWUQNzTcic0sB03_v0sOSJBD7cxh55J94A8ewOjryI-rL0jMnhDtCOns3XNY0C7z0SU3oi_Bv0Kh6AvgBJbhpZ24KsrGjUzK9tkUc4owkGnC-aPoBdpFEyhcGJYfVmPTIyA1ZjZG5lfxpTaXyzleWjUSOkTnguV4ufm0UtMwF9OzrytHqJ).\n\nFollowing the fantastic results for many Ferrari supercars at Broad Arrow\nrecent Zoute Concours Auction, the company continues its momentum in Europe\nwith its second annual Zürich Auction on November 7, the official auction\npartner of the renowned Auto Zürich show. Exceptional Ferraris are set for\nthe sale at the Dolder Grand hotel, including two of the market’s most\ndesirable models, offered without reserve.\n\n2015 Ferrari LaFerrari (Estimate: CHF 5'500'000 - CHF 7'500'000 | Offered\nWithout Reserve)\n(https://www.globenewswire.com/Tracker?data=8FDWDh95mpVDma_cuPl1rqfTXHA7hmLcVZkjbZv-y6t8X43g1dz6Zz_eat0xAjzZT5ipwUoLXDXz5-Tlxv2N-5dgwjM8fdLIgL2dXADSUHUtHD7LWj4kbvt4iutUktoL4fPiyB2i9qEoVmBuUG2MpCLrBcnIRQ_02tshoo5B6rpj9Uz5igLEyPbG2ti8ZNxQfIG2WfefI2-M6WnvNaBn37XwFIMk4iTwXKFeHs0ZITLPjt8YXK6kVTtxNF1l5DnoH4yJCc8vxyPIvtReWvtzTQ==)\n\nStriking in Bianco Fuji over a Bianchi/Neri leather interior, the LaFerrari on\noffer in Zürich is one of approximately 50 examples specified with the\nexposed carbon-fiber roof. This delivery-mileage example is offered with the\ncommon “sticky buttons” issue remedied and with a new high-voltage\nbattery. The LaFerrari is a well-cared-for example of an essential\nacquisition—one of the most significant Ferraris ever built.\n\n2017 Ferrari F12tdf (Estimate: CHF 1'300'000 - CHF 1'500'000 | Offered Without\nReserve)\n(https://www.globenewswire.com/Tracker?data=t5JuBgLEkm_zqwdCvgGAbkcTcChcuUdlI3g6EN6vhtQJZGbT6OHiy4lJMxs7YIRj7Rc2afEaiYskHJnBWS1qQLyg_l1xN3JEzk-QB7Mt_P11Ijd9n1SzMLhqLcWoikIVEkTthjUnwcYWtRFWSOG8mxS_YEA3YA5s6eotb83xWUUFd7tuBU51HT9pzppfUm3apNK8B4aSCUvjEGPhmmcXWX56FHkg9HXQDtq2uOZ8bu5olCCQS7Eal7KcADeg5DOHJff-_gzHfD2_qjpO9F5uCg==)\n\nThe F12tdf was the last Ferrari model to be styled in collaboration with\nPininfarina and features a 6.3-litre V12, the most powerful naturally\naspirated V12 when it was introduced. This particular car was delivered new to\nSwitzerland finished in distinctive special-order matte Alluminio Opaco over\nNero Alcantara with matter carbon fiber and Giallo accents throughout. Offered\nwith just two owners and 13,601 kilometers from new, this is a recently\nserviced, compelling example of a highly coveted Ferrari.\n\nView the more than 13 Ferraris on offer in Broad Arrow’s Zürich Auction\nhere\n(https://www.globenewswire.com/Tracker?data=befB2qwYTfwS6gVWUQNzTfvaRLs9CCWYkGLUC_S7ZbdnLHZo2_LNWC7Qu4TfvyRdCVzBgnpS0f0mOa7zkFuDOQLUQ2n2v0I11HW7QPtvvYqN17giaQAWdzgFd95x5YppsWvJp4oAldUVMfcjlrnKxfIJk4H8e5wgk2Po9x0xSCdprRGhQEFhmxao3_ciFrnQ).\n\nBroad Arrow Private Sales has connected the buyers and sellers of many of the\nmost in-demand Ferrari supercars in recent months, with successful sales\nthroughout its international network. Recent results include two desirable\n“non-cat, non-adjust” examples of the iconic F40 supercar in both the US\nand the UK, a 2024 Ferrari Daytona SP3 in a stunning Atelier specification of\nExtrarange Nero DS Opaco with Gloss Black wheels, and a superbly preserved\n2004 Ferrari Enzo with an unbroken chain of Japanese documentation. Learn more\nabout Broad Arrow Private Sales at broadarrowprivatesales.com\n(https://www.globenewswire.com/Tracker?data=f5SlolQ78QZJgdB42Inc-tqZ8CSFRN95eKFhEVyLzZGVvRXZQ6jriqu9nOe-z1Dqr6G1_pLN_dJ-SpWrpPhvHEgbNOCEqRtSJs70kRk9DI_6IvWBM-SpHAo-GkpM01bx).\n\nThe market for modern Ferrari supercars is looking stronger than ever, and\nBroad Arrow is proud to be entrusted by both buyers and sellers to secure new\nhomes for these spectacular pieces of motoring history.   Those interested\nin the sale or purchase of a Ferrari through either Broad Arrow Auctions or\nPrivate Sales are invited to contact a Broad Arrow Car Specialist via\ninfo@broadarrowauctions.com or by calling +1 313-312-0780 in North America or\n+44-2045-920-16 in EMEA.\n\nFurther details, high-res images, and interviews with Broad Arrow Executives\nand Specialists available on request.\n(https://www.globenewswire.com/Tracker?data=FhFwFL3k_RxPfjcvSrv7HH-8_9c6B463vxmAI5RJai41mQDGbCZlYeYyJwpjv1znSLxrTH4gs8HGfl3hjGDZuFSdv_ZAYDz3__Lgt6lcQWMOD6tS9_eafw1kqlGhFUUV1dcC-N3xLK-WYLq-2G40Igp0ix4tAn32uqtsQWbNKWU=)\n\nEnds. \n\n\n\nEditor’s Notes\n\nPhoto Credit: All images Courtesy of Broad Arrow.\n\nAbout Broad Arrow Auctions\nBroad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is a leading global\ncollector car auction house founded in 2021 by industry veterans. As the\nfastest-growing auction house in its segment, Broad Arrow connects exceptional\ncollector cars with enthusiasts worldwide through flagship events including\nThe Broad Arrow Quail Auction (the official auction of The Quail by The\nPeninsula, A Motorsports Gathering), The Amelia Auction (the official auction\nof The Amelia Concours), The Porsche Auction in collaboration with Air | Water\nby Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn\nLas Vegas, as well as international auctions held in partnership with Concorso\nd’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.\n\nLearn more at broadarrowauctions.com and follow us on Instagram, Facebook,\nLinkedIn, and Twitter.\n\nAbout Hagerty, Inc. (NYSE: HGTY) \nHagerty is a company built by drivers for drivers, protecting 2.8 million\nvehicles in the United States, Canada and the UK. We make it easier and more\nenjoyable for enthusiasts to drive and celebrate the machines they love\nthrough innovative insurance products, live and digital auctions, engaging\nmedia and events, as well as the Hagerty Drivers Club, the world’s largest\ncommunity of car lovers. For more information, please visit www.hagerty.com or\nwww.newsroom.hagerty.com.\n\nThe Hagerty Automotive Intelligence team uses their collector car expertise to\nanalyse Hagerty's massive trove of public auction results, private sales and\ninsurance data, and buyer and seller behaviour. Learn more about how we\ncollect our data at hagerty.com/valuation-tools\n(https://www.globenewswire.com/Tracker?data=0qixhHiAt7kCNMqmNORLY14g7VV8DcQPq9VcnE1d9WxO5-1aq53SbPLjuaadl2lKcoI0PnxY7I77T_c8kl0dHlTAW0dyCis39DiJ3N_-iKf9vgAmt7-88t5-34EI8pvB).\n\nForward-Looking Statements - This press release contains statements that\nconstitute “forward-looking statements” within the meaning of the federal\nsecurities laws. All statements provided, other than statements of historical\nfact, are forward-looking statements, including those regarding Hagerty’s\nfuture operating results and financial position, Hagerty’s business strategy\nand plans, products, services, and technology implementations, market\nconditions, growth and trends, expansion plans and opportunities, and\nHagerty’s objectives for future operations. The words “anticipate,”\n“believe,” “envision,” “estimate,” “expect,” “intend,”\n“may,” “plan,” “predict,” “project,” “target,”\n“potential,” “will,” “would,” “could,” “should,”\n“continue,” “ongoing,” “contemplate,” and similar expressions, and\nthe negative of these expressions, are intended to identify forward-looking\nstatements. \n\nHagerty has based these forward-looking statements largely on current\nexpectations about future events, which may not materialize. Actual results\ncould differ materially and adversely from those anticipated or implied in the\nforward-looking statements. These factors include, among other things,\nHagerty’s ability to: (i) compete effectively within our industry and\nattract and retain our insurance policyholders and paid Hagerty Drivers Club\n(“HDC”) subscribers; (ii) maintain key strategic relationships with our\ninsurance distribution and underwriting carrier partners; (iii) prevent,\nmonitor, and detect fraudulent activity; (iv) manage risks associated with\ndisruptions, interruptions, outages or other issues with our technology\nplatforms or our use of third-party services; (v) accelerate the adoption of\nour membership and marketplace products and services, as well as any new\ninsurance programs and products we offer; (vi) manage the cyclical nature of\nthe insurance business, including through any periods of recession, economic\ndownturn or inflation; (vii) address unexpected increases in the frequency or\nseverity of claims, and (viii) comply with the numerous laws and regulations\napplicable to our business, including state, federal and foreign laws relating\nto insurance and rate increases, privacy, the internet, and accounting\nmatters.\n\nThe forward-looking statements herein represent the judgment of Hagerty as of\nthe date of this release and Hagerty disclaims any intent or obligation to\npublicly update or review any forward-looking statement, whether as a result\nof new information, future developments, or otherwise. This press release\nshould be read in conjunction with the information included in Hagerty’s\nother press releases, reports and other filings with the Securities and\nExchange Commission. Understanding the information contained in these filings\nis important in order to fully understand Hagerty’s reported financial\nresults and its business outlook for future periods.\n\nAttachments\n*     2025 Ferrari Daytona SP3 set for Broad Arrow's Las Vegas Auction on\nOctober 31\n(https://ml.globenewswire.com/Resource/Download/8ee57654-d89f-4ead-9ca4-048b2190670f)\n  \n*     2015 Ferrari LaFerrari offered without reserve at Broad Arrow's upcoming\nZurich Auction on November 7\n(https://ml.globenewswire.com/Resource/Download/c7a19094-02db-4bc4-b1f0-445cd779c5da)\nIan Kelleher\nBroad Arrow Auctions\n+1 917-971-4008\nikelleher@hagerty.com\n\nMeghan McGrail\nBroad Arrow Auctions\n+1 519-365-8750\nmmcgrail@hagerty.com\n\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-16T17:07:53.168116851Z","server_sent_at_ms":1792170473168},"received_at":"2026-10-16T17:07:53.322Z","source_url":null},"analysis":{"id":"159924","press_release_id":"171769","analysis_json":{"industry":{"label":"Specialized Finance","sector":"Financials"},"redFlags":[],"eventType":"operations_update","narrative":"Hagerty's Broad Arrow Auctions announced a headline Ferrari lineup for its second annual Las Vegas Auction on October 31, led by a 2025 Ferrari Daytona SP3 estimated at $16-18 million.\n\nHagerty analysis shows modern supercars now account for 38 percent of the global collector car auction market and hypercars 32 percent, with demand driven largely by desirable Ferrari models.\n\nBroad Arrow's second annual Zürich Auction follows on November 7, with two no-reserve Ferraris including a LaFerrari estimated at CHF 5.5-7.5 million, reinforcing the company's momentum in the high-end collector segment.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"High-end Ferrari auction estimates signal continued collector-market strength for Hagerty's Broad Arrow segment — a soft sentiment datapoint, not a financial event."},"keyFigures":{"customDimensions":{"vehicles_protected":"2.8 million","daytona_sp3_estimate":"$16,000,000 - $18,000,000","f12tdf_zurich_estimate":"CHF 1'300'000 - CHF 1'500'000","hypercars_auction_share":"32%","laferrari_zurich_estimate":"CHF 5'500'000 - CHF 7'500'000","ferrari_enzo_2003_estimate":"$6,500,000 - $8,500,000","laferrari_las_vegas_estimate":"$8,500,000 - $10,000,000","modern_supercar_auction_share":"38%","ferrari_599_sa_aperta_estimate":"$4,100,000 - $4,500,000"}},"quotedText":"The market for modern Ferrari supercars is looking stronger than ever, and Broad Arrow is proud to be entrusted by both buyers and sellers to secure new homes for these spectacular pieces of motoring history.","namedEntities":{"people":[{"name":"Barney Ruprecht","role":"Vice President of Auctions, Broad Arrow"},{"name":"Ian Kelleher","role":"media contact, Broad Arrow Auctions"},{"name":"Meghan McGrail","role":"media contact, Broad Arrow Auctions"}],"products":["Ferrari Daytona SP3","Ferrari LaFerrari","Ferrari Enzo","Ferrari 599 SA Aperta","Ferrari F50","Ferrari 458 Speciale A","Ferrari 458 Speciale","Ferrari 550 Barchetta Pininfarina","Ferrari F12tdf","Ferrari F40","Las Vegas Auction","Zürich Auction","Broad Arrow Private Sales","Hagerty Drivers Club"],"companies":[{"name":"Hagerty, Inc.","ticker":"HGTY","relationship":"parent company (filer)"},{"name":"Broad Arrow Auctions","ticker":"HGTY","relationship":"subsidiary of Hagerty"},{"name":"Ferrari","relationship":"featured marque"},{"name":"Pininfarina","relationship":"design partner (mentioned)"},{"name":"Concours at Wynn Las Vegas","relationship":"auction event partner"},{"name":"Auto Zürich","relationship":"auction event partner"}],"dollarAmounts":[{"amount":"$16,000,000 - $18,000,000","context":"estimate for 2025 Ferrari Daytona SP3 at Las Vegas Auction"},{"amount":"$8,500,000 - $10,000,000","context":"estimate for 2014 Ferrari LaFerrari at Las Vegas Auction"},{"amount":"$6,500,000 - $8,500,000","context":"estimate for 2003 Ferrari Enzo at Las Vegas Auction"},{"amount":"$4,100,000 - $4,500,000","context":"estimate for 2011 Ferrari 599 SA Aperta at Las Vegas Auction"},{"amount":"$87,000","context":"optional extras on 599 SA Aperta"}]},"materialImpact":{"score":2,"reasoning":"Promotional release highlighting Broad Arrow's (Hagerty subsidiary) Ferrari auction lineups and strong collector market demand. Positive brand/momentum signal but no financial results disclosed."},"tickerRelevance":{"others":[],"primary":"HGTY"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":["product_launch"],"importanceComponents":{"tickerTier":"mid-cap consumer niche","eventGravity":"promotional auction lineup, no financials","issuerAuthored":true,"householdBrandBoost":false}},"event_type":"operations_update","event_type_secondary":["product_launch"],"sentiment":"bullish","material_impact_score":2,"narrative":"Hagerty's Broad Arrow Auctions announced a headline Ferrari lineup for its second annual Las Vegas Auction on October 31, led by a 2025 Ferrari Daytona SP3 estimated at $16-18 million.\n\nHagerty analysis shows modern supercars now account for 38 percent of the global collector car auction market and hypercars 32 percent, with demand driven largely by desirable Ferrari models.\n\nBroad Arrow's second annual Zürich Auction follows on November 7, with two no-reserve Ferraris including a LaFerrari estimated at CHF 5.5-7.5 million, reinforcing the company's momentum in the high-end collector segment.","key_figures":{"customDimensions":{"vehicles_protected":"2.8 million","daytona_sp3_estimate":"$16,000,000 - $18,000,000","f12tdf_zurich_estimate":"CHF 1'300'000 - CHF 1'500'000","hypercars_auction_share":"32%","laferrari_zurich_estimate":"CHF 5'500'000 - CHF 7'500'000","ferrari_enzo_2003_estimate":"$6,500,000 - $8,500,000","laferrari_las_vegas_estimate":"$8,500,000 - $10,000,000","modern_supercar_auction_share":"38%","ferrari_599_sa_aperta_estimate":"$4,100,000 - $4,500,000"}},"named_entities":{"people":[{"name":"Barney Ruprecht","role":"Vice President of Auctions, Broad Arrow"},{"name":"Ian Kelleher","role":"media contact, Broad Arrow Auctions"},{"name":"Meghan McGrail","role":"media contact, Broad Arrow Auctions"}],"products":["Ferrari Daytona SP3","Ferrari LaFerrari","Ferrari Enzo","Ferrari 599 SA Aperta","Ferrari F50","Ferrari 458 Speciale A","Ferrari 458 Speciale","Ferrari 550 Barchetta Pininfarina","Ferrari F12tdf","Ferrari F40","Las Vegas Auction","Zürich Auction","Broad Arrow Private Sales","Hagerty Drivers Club"],"companies":[{"name":"Hagerty, Inc.","ticker":"HGTY","relationship":"parent company (filer)"},{"name":"Broad Arrow Auctions","ticker":"HGTY","relationship":"subsidiary of Hagerty"},{"name":"Ferrari","relationship":"featured marque"},{"name":"Pininfarina","relationship":"design partner (mentioned)"},{"name":"Concours at Wynn Las Vegas","relationship":"auction event partner"},{"name":"Auto Zürich","relationship":"auction event partner"}],"dollarAmounts":[{"amount":"$16,000,000 - $18,000,000","context":"estimate for 2025 Ferrari Daytona SP3 at Las Vegas Auction"},{"amount":"$8,500,000 - $10,000,000","context":"estimate for 2014 Ferrari LaFerrari at Las Vegas Auction"},{"amount":"$6,500,000 - $8,500,000","context":"estimate for 2003 Ferrari Enzo at Las Vegas Auction"},{"amount":"$4,100,000 - $4,500,000","context":"estimate for 2011 Ferrari 599 SA Aperta at Las Vegas Auction"},{"amount":"$87,000","context":"optional extras on 599 SA Aperta"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-16T17:07:59.754Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap consumer niche","eventGravity":"promotional auction lineup, no financials","issuerAuthored":true,"householdBrandBoost":false}},"durationMs":6420,"modelName":"glm-5.3-flashx"}}