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HGTYBullishIndustry Newsnews
Medium materiality6/10

Hagerty-Backed Broad Arrow Launches Audrain Auction in Newport

Sep 23, 2026, 3:57 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Positive event-driven exposure for Hagerty’s ecosystem and potential cross-sell opportunities; high-end auction activity can lift brand perception and usage of Hagerty services.

AI summary

What happened, with direct paths to the underlying reporting

Broad Arrow Auctions, backed by Hagerty (HGTY), released the Audrain Auction catalog for Oct 2 in Newport. The sale features 65 lots, with about 75% offered without reserve, including a 1914 Stutz Bearcat and a Mercedes-Benz 300 SL Gullwing. This event expands Hagerty’s Northeastern footprint and may boost cross-sell opportunities across its insurance and marketplace platforms.

  • Broad Arrow to debut Audrain Auction Oct 2 in Newport; 65 lots.
  • 75% of cars without reserve; signals strong demand.
  • Highlights include Stutz Bearcat, Cadillac V-16, Mercedes 300 SL, Ferrari 430 Scuderia.
  • Hagerty-backed Broad Arrow expands Northeastern high-end auction footprint.

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