Broad Arrow Auctions, the collector‑car arm of Hagerty, Inc., closed its March 6‑7 Amelia Concours event at the Ritz‑Carlton in Amelia Island, Florida, with record‑setting sales that pushed total transaction volume past $107 million.
The auction featured a $6,605,000 sale of a 1972 Lamborghini Miura P400 SV, a $6,715,000 sale of a 2005 Porsche Carrera GT, and a $15,185,000 sale of a 2003 Ferrari Enzo, each setting new auction records for their respective models.
The $107 million in sales marks the most successful Broad Arrow event since the company’s launch in 2021 and represents a significant contribution to Hagerty’s Marketplace revenue stream, which grew 119% to $119 million in full‑year 2025.
Hagerty’s Q4 2025 earnings, released February 26 2026, showed revenue up 19% to $357 million and net income up 91% to $6.92 million, underscoring the company’s strong financial performance. CEO McKeel Hagerty noted, “2025 was a standout year for Hagerty, defined by accelerating momentum and record new business count. Top‑line gains of 17% were fueled by written premium growth of 14%, and we efficiently converted this revenue into a 91% surge in net income. We also reinvested significantly in our business, including our technology transformation, the launch of Enthusiast+, the roll‑out of State Farm to 27 states, and our Marketplace expansion into Europe.”
Broad Arrow is expanding its global footprint with auctions in Europe and planned events in Belgium, Las Vegas, and Switzerland, positioning the marketplace as a leading platform for high‑value collector cars worldwide.
The record sales at Amelia Island reflect a sustained surge in demand for rare and modern supercars, a trend that has driven prices for hypercars upward and reinforces Hagerty’s strategy to capture a larger share of the high‑value collector‑car market.
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