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BROAD ARROW BRINGS EXCLUSIVE MODERN PORSCHE AND RUF MARVELS TO ANNUAL AUCTION AT AIR|WATER

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Broad Arrow (NYSE: HGTY) will hold its third annual Porsche Air|Water Auction on April 25, 2026 at The OC Fair & Event Center in Costa Mesa, California. The one-day sale features more than 50 Porsches and over 20 lots of memorabilia, led by a 2015 Porsche 918 Spyder Weissach (Est. $4.5M–$5.5M), a 1988 Porsche 959 SC Reimagined by Canepa (Est. $3.2M–$3.6M) and a 2025 RUF SCR (Est. $1.9M–$2.3M).

Highlighted cars are low‑mileage, like the 918 with 1,267 miles, and several restomods and rare RUF models round out the catalog. Registration and updated lot listings are available at broadarrowauctions.com.

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AI-generated analysis. Not financial advice.

Positive

  • Top estimate: 2015 918 Spyder at $4.5M–$5.5M
  • Featured 1988 959 SC Canepa estimated $3.2M–$3.6M
  • Listed 2025 RUF SCR estimate $1.9M–$2.3M
  • Catalog > 50 Porsches and > 20 memorabilia lots
  • 918 Spyder documented with only 1,267 miles

Negative

  • None.

News Market Reaction – HGTY

+0.18%
1 alert
+0.18% News Effect

On the day this news was published, HGTY gained 0.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

918 Spyder estimate: $4,500,000 - $5,500,000 918 Spyder mileage: 1,267 miles 918 Spyder power: 887 horsepower +5 more
8 metrics
918 Spyder estimate $4,500,000 - $5,500,000 2015 Porsche 918 Spyder Weissach Package auction estimate
918 Spyder mileage 1,267 miles Odometer reading at time of cataloging
918 Spyder power 887 horsepower Total output from V8 plus two electric motors
959 SC estimate $3,200,000 - $3,600,000 1988 Porsche 959 SC Reimagined by Canepa auction estimate
959 SC power 850 horsepower Output with Canepa Stage III upgrades on E85 fuel
RUF SCR estimate $1,900,000 - $2,300,000 2025 RUF SCR auction estimate
RUF SCR power 510 horsepower Naturally aspirated 4.0-liter flat-six engine output
Auction scale More than 50 Porsches Vehicle count at 2026 Porsche Air|Water Auction

Market Reality Check

Price: $10.44 Vol: Volume 212,040 is 7% abov...
normal vol
$10.44 Last Close
Volume Volume 212,040 is 7% above the 20-day average of 198,065, showing modestly elevated interest pre-auction. normal
Technical Shares at $11.06 are trading below the 200-day MA of $11.66 and 21% under the 52-week high.

Peers on Argus

HGTY gained 0.82% while key peer LMND appeared in momentum scanners down 7.33% w...
1 Down

HGTY gained 0.82% while key peer LMND appeared in momentum scanners down 7.33% without news, indicating stock-specific dynamics around Hagerty’s auction news rather than a broad insurance sector move.

Historical Context

5 past events · Latest: Mar 27 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 27 High-end Ferrari consignment Positive -2.4% Announcement of rare Ferrari Monza SP2 consignment for May 2026 auction.
Mar 12 Record auction sales Positive +4.5% Record $111M Amelia sales and world-record Ferrari Enzo result disclosed.
Mar 09 Largest auction to date Positive -2.7% $111M Amelia totals, 92% sell-through, and multiple world records reported.
Mar 07 Record-setting Saturday Positive -2.7% Report of $107M+ preliminary Amelia totals and record Miura SV price.
Mar 06 Unobtanium supercar records Positive -2.7% Day-one Amelia update highlighting Enzo and Carrera GT record prices.
Pattern Detected

Recent Broad Arrow auction press releases are generally positive, but HGTY has more often traded down on them, with 4 divergence instances versus 1 alignment.

Recent Company History

This announcement continues Hagerty’s focus on high-profile Broad Arrow auctions, now highlighting the Porsche Air|Water sale with marquee Porsche and RUF consignments on April 25, 2026. In March, Broad Arrow reported record Amelia Concours sales of $111 million with a 92% sell-through rate, including a Ferrari Enzo at $15,185,000. Despite such operational positives, HGTY often saw mixed price reactions, including declines of about 2–3% after several record-setting auction updates.

Market Pulse Summary

This announcement highlights Hagerty’s Broad Arrow unit curating a high-profile Porsche Air|Water au...
Analysis

This announcement highlights Hagerty’s Broad Arrow unit curating a high-profile Porsche Air|Water auction, featuring a 2015 918 Spyder estimated at $4.5–5.5 million and several other seven-figure Porsche and RUF consignments. It extends a run of record auction headlines following March’s $111 million Amelia results. Investors may track sell-through rates, hammer prices versus estimates, and subsequent auction calendars to gauge how this event contributes to Hagerty’s broader marketplace growth.

Key Terms

dual-clutch, carbon-fiber monocoque, limited-slip differential, all-wheel-drive, +4 more
8 terms
dual-clutch technical
"That power is transmitted through a lightning-fast dual-clutch, seven-speed PDK transmission."
A dual-clutch is a type of car transmission that uses two separate clutches to preselect gears so shifts happen almost instantly, like two hands passing a baton to keep motion smooth. Investors care because it can improve a vehicle’s acceleration, fuel efficiency and driving feel while adding production complexity and cost; those trade-offs affect a maker’s sales appeal, margins and supplier relationships.
carbon-fiber monocoque technical
"It consists of a carbon-fiber monocoque with front and rear spaceframes bonded to the central tub"
A carbon-fiber monocoque is a vehicle or device structure built as a single load-bearing shell from carbon-fiber composite, combining the frame and body into one strong, very light piece—think of an eggshell that supports and protects everything inside. For investors it matters because this construction can significantly raise manufacturing cost and complexity while improving safety, performance and efficiency, which affects product pricing, margins and market competitiveness.
limited-slip differential technical
"rear-wheel drive, a six-speed manual gearbox, and a limited-slip differential"
A limited-slip differential is a drivetrain component that sends engine power to the wheel with the most grip instead of letting one spinning wheel waste energy; think of it as a smart splitter that nudges power toward the wheel that can use it. Investors should care because it affects a vehicle’s performance, safety and appeal, influences manufacturing costs and aftermarket demand, and can impact resale values, warranty exposure and competitive positioning in the auto market.
all-wheel-drive technical
"delivering all-wheel-drive through a six-speed manual transmission."
All-wheel-drive is a vehicle system that sends engine power to all four wheels instead of just the front or rear pair, helping the car grip the road better in wet, snowy, or loose conditions. For investors it matters because it can influence a vehicle’s price, fuel efficiency, manufacturing cost and appeal to buyers—factors that affect a carmaker’s sales, profit margins and competitive position, much like adding a popular feature to boost demand.
twin-turbocharged technical
"Heavily optioned with the twin-turbocharged 3.8-liter 650-horsepower engine"
Twin-turbocharged describes an engine layout that uses two turbochargers to push more air into the engine, helping it produce more power and respond faster—think of it as using two air pumps instead of one so the engine can 'breathe' harder. For investors, the choice of a twin-turbo setup affects a vehicle’s performance, fuel use, emissions, production complexity and potential warranty or maintenance costs, all of which influence sales, pricing power and profit margins.
spaceframes technical
"carbon-fiber monocoque with front and rear spaceframes bonded to the central tub"
A spaceframe is a three‑dimensional structural system made of many small, connected members that form a lightweight but very strong lattice — imagine a hollow honeycomb or a geodesic dome scaled up to support a roof or a bridge. For investors, spaceframes matter because they affect a product or project’s material costs, manufacturing complexity, durability and design flexibility, which in turn influence margins, timelines and competitive advantage.
aerodynamically optimized technical
"The aerodynamically optimized carbon-fiber bodywork evokes the silhouette of the air-cooled 911"
Aerodynamically optimized describes a product shaped or engineered to reduce air resistance so it moves through the air more efficiently. For investors, this matters because lower drag typically means better fuel economy or longer range, higher performance, and reduced operating costs, which can translate into stronger sales, lower running expenses, regulatory benefits (like emissions compliance), and improved profit margins compared with less streamlined competitors.
center-lock technical
"19-inch forged center-lock five-spoke RUF wheels over a RUF Black Nappa leather interior"
A center-lock is a wheel attachment system that uses a single large nut or locking mechanism at the hub to secure the rim, instead of multiple lug nuts. Like a quick-release axle on a high-end bicycle, it lets crews change wheels much faster and is common on race and performance cars. For investors, its use affects manufacturing and supplier choices, aftermarket opportunities, product positioning and cost structures, and can signal a premium or performance focus that influences margins and brand value.

AI-generated analysis. Not financial advice.

Highlights for the Porsche Air|Water Auction include some of the market’s most sought-after models in eye-catching colors, led by a 2015 Porsche 918 Spyder Weissach Package, a 1988 Porsche 959 SC Reimagined by Canepa, and a seldom-seen 2025 RUF SCR | Additional highlights include a 1990 Porsche 911 Coupe Reimagined by Singer and a 2007 RUF Rt12 | Set for April 25 at The OC Fair & Event Center in Costa Mesa, California, Broad Arrow’s single-marque auction is a featured event at Air|Water, the all-inclusive Porsche experience | View updated list of lots and register to bid for the Porsche Air|Water Auction at broadarrowauctions.com

Grosse Pointe, Michigan, April 07, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), has revealed featured entries in exceptional colors for its third annual Porsche Air|Water Auction, held in partnership with the Air|Water experiential event. Set for April 25 at The OC Fair & Event Center in Costa Mesa, California, the exclusive auction will present more than 50 desirable Porsches and over 20 lots of Porsche memorabilia and collectibles for sale.

Featured highlights of the one-day sale are led by an eye-catching example of the superlative Porsche hypercar, a 2015 Porsche 918 Spyder Weissach Package (Estimate: $4,500,000 - $5,500,000). Limitation number 048 is the singular Paint to Sample Riviera Blue 918 Spyder equipped with the weight-saving Weissach package delivered to North America, featuring a Black interior with Silver piping. Entering production in 2013, the Porsche 918 remains every bit as compelling today as it was when revealed, one of the “holy trinity” hypercars from Porsche, Ferrari, and McLaren, pushing the limits of performance as sustainably and efficiently as possible and setting the bar for the hybrid-electric performance models of today. A mid-engine 4.6-liter, dry sump V8 combined with two electric motors, one each driving front and rear wheels produces a total output of 887 horsepower at 8,500 rpm and 944 lb-ft of torque in seventh gear. That power is transmitted through a lightning-fast dual-clutch, seven-speed PDK transmission.  

This particular car is finished in Paint to Sample (PTS) Riviera Blue, a non-metallic hue described by Porsche as “vibrant shade of light blue inspired by the brilliant blue waters of the Italian and French Riviera coasts”. The refreshing color is a perfect match for the Spyder’s removable carbon fiber roof panels that encourage al fresco driving. Porsche has always ensured that high performance and luxury go hand-in-hand, and the 918 Spyder is no different. The well-equipped interior features Black leather upholstery with optional Carbon Floor Mats with Silver Piping, Seat Belts with Accent Stripes in Silver, Burmester High-End Surround Sound Audio System, Automatic Air Conditioning and HomeLink System. Furthermore, through Porsche's Exclusive Manufaktur program it received its exterior finishes as well as $7,200 in desirable Custom Tailoring (CXX). Offered with only 1,267 miles at the time of cataloging and fresh from a recent Major Service at Porsche Woodland Hills, this is a spectacular example worthy of today’s most discerning collections.

The 918 is complemented by another special Porsche halo car, a 1988 Porsche 959 SC Reimagined by Canepa, chassis number WP0ZZZ95ZJS900153 (Estimate: $3,200,000 - $3,600,000). This fantastic example of Porsche’s first supercar has been reimagined by Canepa as a 959 SC in striking Viper Green over brown leather. Fitted with the full suite of Canepa “Stage III” upgrades to produce up to 850 horsepower on E85 fuel, this 1980s supercar offers modern hypercar performance, boasting zero-to-60 mph in 2.5 seconds and a 230-mph top speed. Showing just over 1,300 miles since its transformation from Canepa, this sought-after supercar is sure to turn heads at Broad Arrow’s Air|Water Auction this month.

Joining the Porsches is a highly exclusive, made-to-order, modern RUF supercar, a 2025 RUF SCR (Estimate: $1,900,000 - $2,300,000). Paying tribute to the original SCR that helped establish RUF’s reputation some four decades earlier, each modern SCR is built individually to customer specification. The SCR is a ground-up RUF design in every meaningful sense. Its structure is entirely engineered from scratch and not a "body in white” supplied by Porsche. It consists of a carbon-fiber monocoque with front and rear spaceframes bonded to the central tub and an integrated roll cage fabricated from high-strength steel. The aerodynamically optimized carbon-fiber bodywork evokes the silhouette of the air-cooled 911 while concealing engineering that owes nothing to Stuttgart. The stunning design is powered by a 510-horsepower naturally aspirated 4.0-liter flat-six, delivering 0-62 mph in 3.4 seconds and a 199-mph top speed through rear-wheel drive, a six-speed manual gearbox, and a limited-slip differential delivering a pure, tactile driving experience.

The SCR is the clearest expression yet of what RUF is capable of when given a blank sheet of paper. Chassis 06025 presents that philosophy in one of the most arresting configurations yet completed, finished in vivid Paint to Sample Türkisblau (Turkish Blue) complemented by matte Titanium Grey 19-inch forged center-lock five-spoke RUF wheels over a RUF Black Nappa leather interior with black stitching, accented by carbon-fiber trim and Türkisblau embroidery. The car’s careful assembly is documented by a comprehensive digital file of build images, offering a glimpse into the craftsmanship involved in creating one of Pfaffenhausen’s most exclusive modern cars. As a highly exclusive, made-to-order RUF offered at Broad Arrow’s Porsche Air|Water Auction in like-new condition with delivery mileage, chassis 06025 is surely among the most collectible RUF automobiles to reach the market in recent memory. 

“Today’s younger and most active car collectors are after the best, most exclusive examples of modern performance icons,” says Alexander Weaver, Senior Car Specialist and VP of Private Sales for Broad Arrow. “The Porsche 918 Spyder Weissach, the 959 SC, and the RUF SCR fit this bill, offering the ultimate in performance and luxury from two of the hobby’s most renowned and most collectible brands. These are all low-mileage, pristine examples in exceptional colors, factors that continue to draw eyes and premium results. We look forward to finding these and the entire selection of fantastic cars on offer a new home at Air|Water amongst the passionate Porsche community.”

Additional highlights for Broad Arrow’s 2026 Porsche Air|Water Auction include highly sought-after models from the Porsche restomod and tuning manufacturer realm. A 1990 Porsche 911 Coupe Reimagined by Singer known as the “Lindsey Commission” (Estimate: $1,000,000 - $1,300,000) offers purposeful perfection for the road, inspired by the feeling of the track. Founded in 2009 by Rob Dickinson, Singer Vehicle Design has redefined what it means to restore and reimagine the Porsche 911. Guided by Dickinson’s philosophy that “Everything is important,” the Classic model represents the purist vision of Singer’s fusion of heritage and modern engineering. This particular car was formerly known as the Auburn Commission and was recently returned to Singer and reborn as the “Lindsey Commission”. Elegant details like a custom Light Ivory exterior, a Cumin leather interior, and Nickel-finished trim throughout are complemented by an Ed Pink-built 4.0-liter air-cooled flat-six, delivering all-wheel-drive through a six-speed manual transmission. The Lindsey Commission proves that some of Singer’s most restrained work may also be its most captivating.

Finally, a 2007 RUF Rt12 (Estimate: $700,000 - $800,000) rounds out the group, offering a rare example of RUF Automobile’s first true ground-up design. Chassis number W09BD03867PR06089 is one of approximately 57 Rt12s delivered in the model’s five-year production run, and the only example finished in Carrara White over trim-to-sample BMW M Sport Red leather. Heavily optioned with the twin-turbocharged 3.8-liter 650-horsepower engine, six-speed manual transmission, all-wheel drive, and more, the Rt12 has seen just three owners and 3,233 miles covered from new.

An updated list of all Porsches and Porsche memorabilia set for Broad Arrow’s 2026 Porsche Air|Water Auction is available at broadarrowauctions.com. Interested bidders are invited to speak with a Broad Arrow car specialist by emailing info@broadarrowauctions.com or by calling +1-313-312-0780.

Members of the press on official editorial assignment, along with qualified content creators, are invited to apply for media credentials to attend Broad Arrow’s Porsche Air|Water preview and auction by writing to the Broad Arrow Press Team at press@broadarrowauctions.com.

Editor’s Notes 

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 InstagramFacebookLinkedIn, 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
ian.kelleher@broadarrowgroup.com

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

FAQ

When and where is Broad Arrow's Porsche Air|Water Auction (HGTY)?

The auction takes place on April 25, 2026 at The OC Fair & Event Center in Costa Mesa, California. According to the company, it is a one-day, single-marque Porsche sale paired with the Air|Water experiential event.

What is the top lot estimate at the Broad Arrow Porsche Air|Water Auction (HGTY)?

The highest estimated lot is a 2015 Porsche 918 Spyder Weissach at $4.5M–$5.5M. According to the company, the car is Paint to Sample Riviera Blue with 1,267 miles and recent major service.

Which rare RUF and Canepa cars are offered at Broad Arrow's HGTY Porsche sale?

The sale includes a 2025 RUF SCR (Est. $1.9M–$2.3M) and a 1988 Porsche 959 SC Reimagined by Canepa (Est. $3.2M–$3.6M). According to the company, both cars are low-mileage, like-new, and highly documented.

How many Porsches and memorabilia lots are in Broad Arrow's April 25 auction (HGTY)?

Broad Arrow lists more than 50 Porsches and over 20 lots of memorabilia for the one-day auction. According to the company, the catalog includes modern halo cars, restomods, and highly collectible RUF examples.

How can bidders register for the Broad Arrow Porsche Air|Water Auction (HGTY)?

Interested bidders can register and view the updated lot list at broadarrowauctions.com. According to the company, bidders may also contact a Broad Arrow car specialist via email or phone for assistance and verification.

What notable Singer and RUF examples are included in Broad Arrow's HGTY auction?

Notable entries include a 1990 Porsche 911 Reimagined by Singer (Lindsey Commission) estimated $1.0M–$1.3M and a 2007 RUF Rt12 estimated $700K–$800K. According to the company, both are rare, highly optioned, and low-mileage.