BROAD ARROW AUCTIONS SETS NEW BENCHMARK FOR GORDON MURRAY AUTOMOTIVE T.50 WITH $8.035 MILLION RESULT ON THE CALIFORNIA MILLE
Rhea-AI Summary
Hagerty (NYSE: HGTY) subsidiary Broad Arrow Auctions sold a 2025 Gordon Murray Automotive T.50 (chassis 009) for a final $8,035,000 at a single-car live auction on April 21, 2026, in Paso Robles, California.
The car is one of 100 built, shows under 30 delivery miles, features a 3.9L Cosworth V-12 with 661 hp at 11,000 rpm, a six-speed manual, fan-assisted aerodynamics and sub-1,000 kg dry weight. A portion of proceeds benefits the CHP 11-99 Foundation and McPherson College.
AI-generated analysis. Not financial advice.
Positive
- Sale price of $8,035,000 sets a high benchmark for the GMA T.50
- Rarity: chassis 009 is one of 100 T.50 examples
- Low mileage: under 30 delivery miles reported
- Technical specs: 3.9L Cosworth V-12 producing 661 hp at 11,000 rpm
Negative
- None.
News Market Reaction – HGTY
On the day this news was published, HGTY declined 3.06%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
HGTY is down 0.74% with light volume. Key insurance peers WTM, MCY, SIGI, KMPR, and LMND all show intraday declines (up to -4.63%), but momentum scanners did not flag a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 14 | Villa d’Este lineup | Positive | +0.5% | Announcement of high-profile Italian supercars for Villa d’Este auction. |
| Apr 10 | T.50 auction plan | Positive | +0.1% | Plan to offer rare Gordon Murray T.50 at California Mille charity auction. |
| Apr 07 | Porsche Air|Water sale | Positive | +0.2% | Details on third annual Porsche Air|Water auction with notable halo cars. |
| Mar 27 | Monza SP2 offering | Positive | -2.4% | Announcement of rare Ferrari Monza SP2 consignment for Villa d’Este auction. |
| Mar 12 | Record Amelia sales | Positive | +4.5% | Record $111M Amelia auction sales with multiple world records and top Enzo lot. |
Auction- and event-related news has generally seen modest positive price reactions, with one notable divergence on a Ferrari Monza SP2 announcement.
Recent news for Hagerty centers on Broad Arrow’s growth in high-end collector car auctions. In March–April 2026, announcements covered record Amelia sales of $111 million, upcoming Villa d’Este auctions with marquee Ferraris and a Monza SP2, and special offerings like the Gordon Murray T.50 and Porsche Air|Water sale. Most of these updates coincided with small positive moves in HGTY, suggesting investors have often treated auction expansion and record results as constructive context for the business.
Market Pulse Summary
This announcement highlights a new benchmark result of $8,035,000 for a Gordon Murray Automotive T.50 and reinforces Broad Arrow’s positioning in top-tier collector auctions, alongside its upcoming Porsche Air|Water sale. Recent history shows multiple record-setting events and expanding catalogs. Investors may focus on how consistently such high-profile results translate into commission revenue, overall auction volumes, and the company’s ability to sustain momentum across different venues and calendar dates.
AI-generated analysis. Not financial advice.
Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at
Paso Robles, California, April 22, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is thrilled to announce the result of a unique, single-car auction—the first North American public auction of a Gordon Murray Automotive T.50—at a stop along the celebrated California Mille on the evening of April 21 in Paso Robles, California.
The 2025 Gordon Murray Automotive T.50, chassis number 009, is one of 100 examples built of “the world’s greatest driver’s car”, with the example on offer finished in bespoke Reef red and showing less than 30 delivery miles. The famed modern supercar from the designer of the McLaren F1 is powered by a 3.9-liter Cosworth GMA V-12 naturally aspirated engine, producing 661 horsepower at 11,000 rpm with a maximum engine speed of 12,100 rpm. That power is driven through a six-speed manual transmission and boosted by active and fan-assisted aerodynamics, all boasting a sub-1,000-kilogram dry weight.
The T.50 was presented during a dinner held for California Mille participants, drawing significant interest from multiple bidders in the room and eventually selling for a final
“The T.50 result is another spectacular example of the strength of the supercar market among today’s most active collectors,” says Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow. “This nearly unobtainable icon from the legendary Gordon Murray is one of the cars to have, and we were honored to present it to a room of some of the world’s preeminent collectors and driving enthusiasts along one of the most beautiful tours in the hobby.”
Results and more information on the T.50 are available at broadarrowauctions.com. Broad Arrow continues its auction calendar in Southern California this weekend on April 25, with the company’s third annual single-marque Porsche Air|Water Auction during the renowned Air|Water Experience by the creators of Luftgekühlt. More than 60 exceptional Porsche and RUF collector cars along with a selection of sought-after Porsche memorabilia items are on offer, led by a PTS Riviera Blue 2015 Porsche 918 Spyder Weissach Package and a Viper Green 1988 Porsche 959 SC Reimagined by Canepa, and a 2025 RUF SCR. Learn more and register to bid at broadarrowauctions.com.
Editor’s Notes
Photo Captions/Credits: Catalog images of the 2025 Gordon Murray Automotive T.50 are by Patrick Ernzen/Courtesy of Broad Arrow Auctions. Auction images are by Andrew Snucins/Courtesy of Broad Arrow Auctions.
About Broad Arrow Auctions
Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is a leading global collector car auction house founded in 2021 by industry veterans. As the fastest-growing auction house in its segment, Broad Arrow connects exceptional collector cars with enthusiasts worldwide through flagship events including The Broad Arrow Quail Auction (the official auction of The Quail, A Motorsports Gathering), The Amelia Concours Auction (the official auction of The Amelia Concours), The Porsche Auction in collaboration with Air | Water by Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn Las Vegas, as well as international auctions held in partnership with Concorso d’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.
Learn more at broadarrowauctions.com and follow us on Instagram, Facebook, LinkedIn, and X.
About Hagerty, Inc. (NYSE: HGTY)
Hagerty is a company built by drivers for drivers, protecting 2.7 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, as well as the Hagerty Drivers Club, the world’s largest community of car lovers.
For more information, please visit www.hagerty.com or www.newsroom.hagerty.com.
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Attachments
- The 2025 Gordon Murray Automotive T.50, chassis 009, offered during Broad Arrow's special single-car auction on the 2026 California Mille Rally
- Broad Arrow Auctioneer Eli Rodriguez conducts bidding for the sale of the 2025 Gordon Murray Automotive T.50 at the Allegretto Vineyard Resort stop on the 2026 California Mille
Ian Kelleher Broad Arrow Auctions +1 917-971-4008 ikelleher@hagerty.com Meghan McGrail Broad Arrow Auctions +1 519-365-8750 mmcgrail@hagerty.com