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BROAD ARROW AUCTIONS SETS NEW BENCHMARK FOR GORDON MURRAY AUTOMOTIVE T.50 WITH $8.035 MILLION RESULT ON THE CALIFORNIA MILLE

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.

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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.

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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.
Argus Apr 22 session
-2.50% close to close Open Argus
Details

News Market Reaction – HGTY

On Apr 22, the day this news came out, HGTY closed 2.50% below the previous close.

Data tracked by StockTitan Argus for the Apr 22 session.

Key Figures

T.50 auction result: $8,035,000 Production run: 100 examples Delivery miles: Less than 30 miles +5 more
T.50 auction result
$8,035,000
Final price for 2025 Gordon Murray Automotive T.50 at California Mille auction
Production run
100 examples
Total Gordon Murray Automotive T.50 units built
Delivery miles
Less than 30 miles
Mileage on the auctioned T.50 chassis 009
Engine displacement
3.9 liters
Cosworth GMA V-12 naturally aspirated engine size
Horsepower
661 horsepower
Output of the T.50 V-12 engine at 11,000 rpm
Max engine speed
12,100 rpm
Maximum engine speed for the T.50
Dry weight
Sub-1,000 kilograms
Quoted dry weight of the T.50 supercar
Air|Water cars offered
More than 60 cars
Porsche and RUF collector cars at upcoming Air|Water auction

Historical Context

5 past events · Latest: Apr 14
5 events
  1. Apr 14

    Villa d’Este lineup

    24h Move
    +0.5%

    Announcement of high-profile Italian supercars for Villa d’Este auction.

  2. Apr 10

    T.50 auction plan

    24h Move
    +0.1%

    Plan to offer rare Gordon Murray T.50 at California Mille charity auction.

  3. Apr 07

    Porsche Air|Water sale

    24h Move
    +0.2%

    Details on third annual Porsche Air|Water auction with notable halo cars.

  4. Mar 27

    Monza SP2 offering

    24h Move
    -2.4%

    Announcement of rare Ferrari Monza SP2 consignment for Villa d’Este auction.

  5. Mar 12

    Record Amelia sales

    24h Move
    +4.5%

    Record $111M Amelia auction sales with multiple world records and top Enzo lot.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at $8,035,000 | The auction took place at a stop along the famed California Mille rally in Paso Robles, California, selling to a bidder in the room | A portion of proceeds from the sale of the rare supercar will benefit the California Highway Patrol 11-99 Foundation and McPherson College | View the result and upcoming Broad Arrow auctions at broadarrowauctions.com

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 $8,035,000 to a rally entrant. The 2026 California Mille pays special tribute to the Gordon Murray Automotive T.50, with five examples participating in the rally. A portion of proceeds from the sale of this incredibly rare supercar will benefit both the California Highway Patrol (CHP) 11-99 Foundation, which provides emergency assistance to California Highway Patrol employees and their families, as well as McPherson College’s renowned Automotive Restoration Program in honor of its 50th anniversary.

“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.   

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 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.

Attachments



Ian Kelleher
Broad Arrow Auctions
+1 917-971-4008
ikelleher@hagerty.com

Meghan McGrail
Broad Arrow Auctions
+1 519-365-8750
mmcgrail@hagerty.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was the final sale price for the Gordon Murray Automotive T.50 sold by Broad Arrow on April 21, 2026 (HGTY)?

The T.50 sold for $8,035,000 at the April 21, 2026 event. According to Hagerty, the sale occurred at a California Mille stop in Paso Robles and concluded to an in-room bidder during a special single-car auction.

Which charities benefited from the Broad Arrow sale of the 2025 GMA T.50 (HGTY) on April 21, 2026?

A portion of proceeds will support the CHP 11-99 Foundation and McPherson College

What are the key specs of the 2025 Gordon Murray Automotive T.50 (chassis 009) sold via Broad Arrow (HGTY)?

The car has a 3.9L Cosworth V-12 producing 661 hp at 11,000 rpm with a six-speed manual. According to Hagerty, it uses fan-assisted aerodynamics and has a sub-1,000-kilogram dry weight and under 30 delivery miles.

When and where did Broad Arrow Auctions sell the 2025 GMA T.50 that achieved the $8,035,000 result (HGTY)?

The sale took place on April 21, 2026 in Paso Robles, California during a California Mille stop. According to Hagerty, it was a single-car live auction presented during a dinner for rally participants.

What upcoming Broad Arrow auction follows the T.50 sale and when will it take place (HGTY)?

Broad Arrow continues with its single-marque Porsche Air|Water Auction on April 25, 2026 in Southern California. According to Hagerty, the sale will feature over 60 Porsche and RUF collector cars and related memorabilia.

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