BROAD ARROW GROUP ANNOUNCES LINEUP OF PRIVATE SALES CARS ON OFFER AT INAUGURAL TECHNO CLASSICA ESSEN STAND THIS 12 16 APRIL
OPEN FREE SALES PLATFORM PRESENTED BY AUTOMOTIVE INDUSTRY GENERALIST AND GERMAN DIRECTOR BASTIAN VOIGT AT THE UPCOMING TECHNO CLASSICA ESSEN EXHIBITION IN GERMANY
Wide range @ Essen Techno Classica
Wide range @ Essen Techno Classica
GROSSE POINT, Mich., April 11, 2023 (GLOBE NEWSWIRE) -- Broad Arrow Group (BAG), a Hagerty Company (NYSE: HGTY ), is pleased to share a lineup of 10 luxury collectible vehicles on display at the opening of The Broad Arrow Group booth on Techno Classica. Essen from April 12 to 16 in Essen, Germany (Hall 1, Stand 324). The new German manager and automotive specialist Bastian Voigt will kick things off. Car highlights include a 1967 Toyota 2000 GT in Pegasus White offered for €890,000.
Sold new in Japan in 1967, the first year of production, this example, VIN 10164, was ordered in Pegasus White with black interior upholstery. Like most 2000 GTs, it is a right-hand drive car, as most cars were sold in Japan. The car remained in Japan until 2013, when it had only two owners. It was then sold to the UK where it had one enthusiastic owner before being sold to the current German owner in 2015. The car has the original engine with the same numbers and was restored and repainted in Japan around 20 years ago. The original condition is intact. state White pegasus.
Another great post-war sports car for sale in Essen is the 1955 Lancia Aurelia B24 Spider America , which sold for €1,100,000 and is an excellent example of Lancia's most famous post-war sports car. The Lancia, which has recently benefited from a major restoration to competition level, also features the highly sought after and rare hard windows, soft flat top and side mirrors for all-weather touring.
Another exciting post-war sports car for sale at Techno Classica Essen is a 1981 BMW M1 offered for €550,000, one of the last examples to be built and delivered to England in January 2018, according to BMW Classic . 1981. The M1 was not available in right-hand drive, this car was of course a left-hand drive version that was later sold in Switzerland, where it was owned by a wealthy Iranian expatriate. The M1 was then exported to Germany in the summer of 2005 and sold to the current owner shortly thereafter. Due to its exceptional condition, the car was invited to a major international competition and presented at an exclusive private exhibition in London, before being presented at Classic Days at Schloss Dyck.
Other cars on display include:
On offer is a 1989 Porsche 911 Speedster for €320,000: one of approximately 171 narrow-body Speedsters built. Delivery to Sweden, to Germany since 1993, four new owners, good documentation, including service book, original steering wheel, only 29,288 km.
1991 Ferrari Testarossa offered for €165,000: one example delivered by its original German owner, fully documented with order forms, new car invoice and service book. Excellent condition, 37,145 km, kit and jack included.
1995 Mercedes-Benz E500 Limited , offered for €115,000 - one of 951 Limiteds built (originally 500) powered by a 322hp M119 5.0L 32-valve V8 engine painted in Gloss Silver (744) with Black and green leather interior, available only on limited edition Porsche cars with just over 51,500 km. The best sports car "Wolf in sheep's clothing".
Bastian Voigt, Chief Specialist and Director of Cars Germany , on the upcoming show in Essen: "I'm looking forward to debuting the Broad Arrow range here in Germany at the upcoming Techno Classica Essen. We've put together a collection of 10 classic cars, many of which feature public For the first time in many years, I look forward to visiting customers who are interested in our equipment stand.
Bastian recently joined the Broad Arrow team, bringing with him a comprehensive trading book, a wealth of industry knowledge and a passion for building the BAG organization in continental Europe. Although it focuses on top models from leading European sports car brands, it has sold many of the world's most exciting cars over the years. From classic Bentleys to classics like the Mercedes-Benz 300 SL, BMW 507 and Aston Martin DB5, and modern supercars like the Porsche 959S and Ferrari Enzo. Bastien also has extensive experience in sole proprietorship groups and real estate liquidations and is happy to pass on his wealth of experience to interested clients. Bastian is based in Wehrle (33415), Germany, near Bielefeld, NRW, and travels extensively in Europe visiting clients.
Techno Classica Essen will open to the public on April 12 and run until April 16, 2023. The Broad Arrow Collection will feature 10 assembled cars (Hall 1, Stand 324), and for private purchases and cars not yet sold wholesale, there is an opportunity to during the week of the program. If you would like to make an appointment in advance, you can contact Bastian by email at bastian.voigt@broadarrowgroup.com or by phone at +49 151 263 78269.
About Broad Arrow Group, a Hagerty company
The Broad Arrow Group, a Hagerty Company (NYSE: HGTY), is an advisor, market maker and financier to automotive collectors committed to integrity, trust and innovation. The Broad Arrow Group operates Broad Arrow Auctions, Broad Arrow Capital and Collectors Garage, headquartered in Grosse Pointe, Michigan. For more information, visit www.broadarrowgroup.com.
About Hagerty, Inc. (NYSE: HGTY)
Headquartered in Traverse City, Michigan, Hagerty is committed to providing cars and culture to future generations, and their mission is to create a global company to fund that goal. Hagerty is an automotive enthusiast brand offering integrated products and membership programs, as well as a specialty insurance provider focused on the automotive enthusiast market. Hagerty is home to Hagerty Market, Hagerty Drivers Club®, Hagerty Drivers Club Magazine, Hagerty Drivers Foundation, Hagerty DriveShare™, Hagerty Valuation Tools®, Hagerty Media, MotorsportReg, Hagerty Garage + Social® and The Amelia, Detroit Concours d' Elegance, The Greenwich Concours d'Elegance, California Mille, Motorlux, RADwood, Broad Arrow Group and more. To learn more about Hagerty, visit www.hagerty.com or connect with us on Facebook, Instagram and Twitter.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current intentions, expectations or beliefs about the company. Because forward-looking statements are forward-looking, they involve inherent risks and uncertainties that are difficult to predict and may be beyond our control. Some of the factors that could cause our actual results to differ materially from those implied in our forward-looking statements include: (i) our ability to realize the expected benefits that are the subject of this press release; (ii) our ability to compete effectively in our industry and to attract and retain members; and (3) other risks and uncertainties detailed in the Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on March 24, 2022. This press release should be read in conjunction with the information in our other press- releases, notices, and other documents filed with the Securities and Exchange Commission. It is important to understand the information contained in these documents in order to fully understand the financial results and prospects of the business for future periods. We undertake no obligation to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise, except as required by law.
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Contact: Ian Kelleher Broad Arrow Auctions 917-971-4008 ian.kelleher@broadarrowgroup.com
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