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BROAD ARROW ADDS ZÜRICH AUCTION AT THE DOLDER GRAND HOTEL TO ITS GROWING GLOBAL CALENDAR

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Broad Arrow Auctions, a Hagerty company, announces its expansion into Switzerland with The Zürich Auction, scheduled for November 1, 2025, at The Dolder Grand hotel. The auction will feature approximately 60 collector cars and serve as the highlight of the Auto Zürich show. This expansion follows Broad Arrow's successful European debut at Villa d'Este, where they achieved €31.2 million in sales with 78% of lots sold. The Zürich Auction represents a strategic move into the Swiss market, known for housing prestigious car collections. The event will be held in partnership with Auto Zürich, one of Europe's most successful motor shows, running from October 30 to November 2, 2025, at Messe Zürich. This announcement follows Broad Arrow's recent addition of The Zoute Concours Auction to their calendar, demonstrating their rapid European expansion.
Broad Arrow Auctions, una società di Hagerty, annuncia la sua espansione in Svizzera con The Zürich Auction, prevista per il 1° novembre 2025 presso l'hotel The Dolder Grand. L'asta presenterà circa 60 auto da collezione e sarà il momento clou dello show Auto Zürich. Questa espansione segue il debutto europeo di successo di Broad Arrow a Villa d'Este, dove hanno raggiunto vendite per €31,2 milioni con il 78% dei lotti venduti. The Zürich Auction rappresenta una mossa strategica nel mercato svizzero, noto per ospitare collezioni di auto prestigiose. L'evento si terrà in collaborazione con Auto Zürich, uno dei motor show più importanti d'Europa, che si svolgerà dal 30 ottobre al 2 novembre 2025 presso Messe Zürich. Questo annuncio segue l'inserimento recente di The Zoute Concours Auction nel calendario di Broad Arrow, dimostrando la loro rapida espansione europea.
Broad Arrow Auctions, una compañía de Hagerty, anuncia su expansión en Suiza con The Zürich Auction, programada para el 1 de noviembre de 2025 en el hotel The Dolder Grand. La subasta contará con aproximadamente 60 coches de colección y será el evento principal del Auto Zürich show. Esta expansión sigue al exitoso debut europeo de Broad Arrow en Villa d'Este, donde lograron ventas por €31,2 millones con un 78% de lotes vendidos. The Zürich Auction representa un movimiento estratégico hacia el mercado suizo, conocido por albergar prestigiosas colecciones de automóviles. El evento se llevará a cabo en asociación con Auto Zürich, uno de los motor shows más exitosos de Europa, que se desarrollará del 30 de octubre al 2 de noviembre de 2025 en Messe Zürich. Este anuncio sigue a la reciente incorporación de The Zoute Concours Auction al calendario de Broad Arrow, demostrando su rápida expansión europea.
헤거티(Hagerty)사의 브로드 애로우 옥션(Broad Arrow Auctions)이 2025년 11월 1일 더 돌더 그랜드 호텔(The Dolder Grand)에서 열리는 취리히 옥션(The Zürich Auction)으로 스위스 시장에 진출한다고 발표했습니다. 이번 경매에는 약 60대의 수집용 자동차가 출품되며, 오토 취리히 쇼(Auto Zürich show)의 하이라이트가 될 예정입니다. 이번 확장은 브로드 애로우가 빌라 데스테(Villa d'Este)에서 유럽 데뷔를 성공적으로 마치고 7,800만 유로 매출과 78% 낙찰률을 기록한 후 이루어진 것입니다. 취리히 옥션은 명성 높은 자동차 컬렉션이 많은 스위스 시장으로의 전략적 진출을 의미합니다. 이 행사는 2025년 10월 30일부터 11월 2일까지 메세 취리히(Messe Zürich)에서 개최되는 유럽에서 가장 성공적인 모터쇼 중 하나인 오토 취리히와 협력하여 진행됩니다. 이번 발표는 브로드 애로우가 최근 자사의 일정에 추가한 주트 콩쿠르 옥션(The Zoute Concours Auction)에 이어 빠른 유럽 내 확장을 보여줍니다.
Broad Arrow Auctions, une société du groupe Hagerty, annonce son expansion en Suisse avec The Zürich Auction, prévue le 1er novembre 2025 à l'hôtel The Dolder Grand. Cette vente aux enchères présentera environ 60 voitures de collection et constituera le point d'orgue du salon Auto Zürich. Cette expansion fait suite au succès du premier événement européen de Broad Arrow à Villa d'Este, où ils ont réalisé 31,2 millions d'euros de ventes avec 78 % des lots vendus. The Zürich Auction représente une stratégie d'entrée sur le marché suisse, réputé pour ses collections automobiles prestigieuses. L'événement se déroulera en partenariat avec Auto Zürich, l'un des salons automobiles les plus réussis d'Europe, qui aura lieu du 30 octobre au 2 novembre 2025 à Messe Zürich. Cette annonce fait suite à l'ajout récent de The Zoute Concours Auction au calendrier de Broad Arrow, témoignant de leur rapide expansion européenne.
Broad Arrow Auctions, ein Unternehmen von Hagerty, kündigt seine Expansion in die Schweiz mit The Zürich Auction an, die am 1. November 2025 im Hotel The Dolder Grand stattfindet. Die Auktion wird etwa 60 Sammlerfahrzeuge präsentieren und den Höhepunkt der Auto Zürich Messe bilden. Diese Expansion folgt auf Broad Arrows erfolgreichen europäischen Auftakt in Villa d'Este, wo sie einen Umsatz von 31,2 Millionen Euro erzielten und 78 % der Lose verkauft wurden. The Zürich Auction stellt einen strategischen Schritt in den Schweizer Markt dar, der für seine prestigeträchtigen Autosammlungen bekannt ist. Die Veranstaltung findet in Partnerschaft mit Auto Zürich statt, einer der erfolgreichsten Automessen Europas, die vom 30. Oktober bis 2. November 2025 in der Messe Zürich läuft. Diese Ankündigung folgt auf die kürzliche Aufnahme der Zoute Concours Auktion in den Kalender von Broad Arrow, was ihre rasche Expansion in Europa unterstreicht.
Positive
  • Partnership with prestigious Auto Zürich show enhances market presence
  • Strategic expansion into Switzerland, a key collector car market
  • Recent success at Villa d'Este auction with €31.2 million in sales and 78% sell-through rate
  • Growing European presence with multiple high-profile auction events
Negative
  • None.

Insights

Hagerty expands revenue opportunities through Broad Arrow's strategic European auction growth, strengthening its global collector car market position.

This expansion of Broad Arrow Auctions into Zürich represents a strategic international growth initiative for parent company Hagerty. Following their successful Italian auction that generated €31.2 million in sales with a 78% sell-through rate, Hagerty is clearly executing on a deliberate European expansion strategy.

The Zürich event adds a third European auction to their calendar, alongside the recently announced Zoute Concours Auction and their inaugural Concorso d'Eleganza Villa d'Este event. This creates multiple high-end revenue opportunities targeting wealthy European collectors, particularly in Switzerland—a country known for its concentration of significant car collections and high-net-worth individuals.

The partnership with Auto Zürich, running since 1987 and attracting "tens of thousands" of attendees, provides Hagerty with built-in audience exposure and establishes the company as a premier auction provider in Europe's luxury collector car market. The venue selection (The Dolder Grand) and timing (during Auto Zürich) demonstrate sophisticated market positioning.

This continued international expansion diversifies Hagerty's revenue streams beyond its core North American insurance business, potentially improving resilience to regional market fluctuations. The high-value nature of collector car auctions (evidenced by the €7.5+ million Ferrari sale in Italy) suggests meaningful revenue potential from these events through seller commissions and buyer premiums, though auction contribution to overall financial performance wasn't quantified in the release.

INAUGURAL ZÜRICH AUCTION TO TAKE PLACE ON 1 NOVEMBER 2025 AS A HIGHLIGHT OF THE RENOWNED AUTO ZÜRICH SHOW | APPROXIMATELY 60 EXCEPTIONAL COLLECTOR CARS TO BE AUCTIONED AT THE SPECTACULAR DOLDER GRAND

LONDON, England, June 10, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, continues its European expansion with the announcement of The Zürich Auction, held in partnership with Auto Zürich, on Saturday, 1 November 2025.

Broad Arrow's Zürich Auction will feature approximately 60 highly desirable collector cars sourced globally and will be the culminating event of the Auto Zürich show, which takes place at Messe Zürich between 30 October and 2 November 2025. The inaugural Zürich Auction will be held at The Dolder Grand, the world-famous five-star hotel overlooking Lake Zürich.

“We are very proud to become The Official Auction Partner of Auto Zürich and to announce The Zürich Auction as a new addition to our rapidly expanding European auction calendar,” says Karsten Le Blanc, Head of Broad Arrow’s EMEA Region & Broad Arrow Capital. “The recent success of our Concorso d’Eleganza Villa d’Este Auction and our announcement of the Zoute Concours Auction has created a great deal of interest among collectors, who will now also be able to benefit from the debut of The Zürich Auction. Switzerland is an important part of the collector car market, with many of the most respected collections based there, making it the perfect location for a world-class auction.”

Auto Zürich was first held in 1987. Today, it is a multifaceted centre of attraction for tens of thousands of people who want to experience the past, present and future of the automobile up close. It has thus established itself as one of the most successful motor shows in Europe with probably the greatest variety of brands. Equally, The Dolder Grand is an ideal location to host a prestigious addition to the international collector car auction calendar. Built in 1899 on the Adlisberg mountain overlooking Zürich, its history can be traced back to the dawn of the motoring age and it is regarded as one of the top international luxury destinations.

“Our new partnership with Auto Zürich is set to create one of the most spectacular collector car auctions in Europe,” says Paul Gaucher, Head of Consignments for Switzerland at Broad Arrow Auctions. “To be able to host this auction at the famous Dolder Grand is a great honour and one that I am confident will attract many of the hobby’s most renowned collectors to Zurich, a city with a great affinity for classic and sports cars.”

Karl Bieri, Chairman of the Board of Directors for Auto Zürich, says: “Auto Zürich is honoured to partner with Broad Arrow, and its outstanding team, to present The Zürich Auction. Together, we aim to captivate collectors, enthusiasts, and the discerning public in Switzerland with the magic of exceptional automobiles, both vintage and contemporary.“

The announcement of The Zürich Auction follows Broad Arrow’s successful European auction debut in Italy last month, as BMW AG's official auction partner of the Concorso d’Eleganza Villa d’Este—one of the most prestigious concours events on the global collector car calendar. At its inaugural Italian auction, Broad Arrow achieved €31,2 million in sales with 78 percent of all lots sold, including a new auction record for the 1948 Ferrari 166 Spyder Corsa at €7.543.750. The auction house has also recently announced the addition of The Zoute Concours Auction to its expanding auction calendar, set to be held on 10 October in collaboration with Zoute Grand Prix in Belgium and allowing Broad Arrow to enhance its services for its growing global clientele.

Additional information on The Zürich Auction is available at broadarrowauctions.com. Initial consignments will be announced shortly, and collectors interested in consigning to or attending the auction are invited to speak with a Broad Arrow car specialist about this exciting debut on the international collector car calendar.

Ends.

Editor’s Notes

About Broad Arrow Auctions
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Learn more at broadarrowauctions.com and follow us on Instagram,Facebook,LinkedIn, andTwitter. 

 About Auto Zürich
Auto Zürich is now the leading motor show in Switzerland. With over 70 brands represented in the new car segment alone, it is one of the most wide-ranging formats of its kind, even by international standards. The ‘Auto Zürich MANUFAKTUR & CLASSIC’ area also contributes to this rich variety. This comprises a unique mixture created by a carefully composed, exquisite juxtaposition of two special automotive worlds. Here, the world's most exclusive automobile manufacturers present themselves side by side with an illustrious selection of rare and correspondingly valuable classic cars. This makes Auto Zürich not only one of the most comprehensive automobile brand shows of its kind, but also the most visited live event for classic automobiles in Switzerland.

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on FacebookInstagramX and LinkedIn

Forward-Looking Statements -  This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. All statements provided, other than statements of historical fact, are forward-looking statements, including those regarding Hagerty’s future operating results and financial position, Hagerty’s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty’s objectives for future operations. The words “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “ongoing,” “contemplate,” and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements.

Hagerty has based these forward-looking statements largely on current expectations about future events, which may not materialize. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. These factors include, among other things, Hagerty’s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (“HDC”) subscribers; (ii) maintain key strategic relationships with our insurance distribution and underwriting carrier partners; (iii) prevent, monitor, and detect fraudulent activity; (iv) manage risks associated with disruptions, interruptions, outages or other issues with our technology platforms or our use of third-party services; (v) accelerate the adoption of our membership and marketplace products and services, as well as any new insurance programs and products we offer; (vi) manage the cyclical nature of the insurance business, including through any periods of recession, economic downturn or inflation; (vii) address unexpected increases in the frequency or severity of claims, and (viii) comply with the numerous laws and regulations applicable to our business, including state, federal and foreign laws relating to insurance and rate increases, privacy, the internet, and accounting matters.

The forward-looking statements herein represent the judgment of Hagerty as of the date of this release and Hagerty disclaims any intent or obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. This press release should be read in conjunction with the information included in the Hagerty’s other press releases, reports and other filings with the Securities and Exchange Commission. Understanding the information contained in these filings is important in order to fully understand Hagerty’s reported financial results and its business outlook for future periods.

Attachment



Ian Kelleher
Broad Arrow Auctions
917-971-4008
ikelleher@hagerty.com

Meghan McGrail
Broad Arrow Auctions
519-365-8750
mmcgrail@hagerty.com

FAQ

When and where will Broad Arrow's Zürich Auction take place?

The Zürich Auction will take place on November 1, 2025, at The Dolder Grand hotel in Zürich, Switzerland.

How many cars will be featured at Hagerty's (HGTY) Broad Arrow Zürich Auction?

The auction will feature approximately 60 collector cars sourced globally.

What was Broad Arrow's performance at their recent Villa d'Este auction?

Broad Arrow achieved €31.2 million in sales with a 78% sell-through rate, including a record-breaking sale of a 1948 Ferrari 166 Spyder Corsa for €7.543.750.

What other European auctions has Broad Arrow recently announced?

Broad Arrow has announced The Zoute Concours Auction in Belgium on October 10, along with their successful Villa d'Este auction and the new Zürich Auction.

How does this expansion affect Hagerty (HGTY) and Broad Arrow's market presence?

The expansion strengthens Broad Arrow's presence in Europe, particularly in Switzerland's important collector car market, while adding prestigious partnerships with Auto Zürich and The Dolder Grand.
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