BROAD ARROW PRESENTS RARE OPPORTUNITY TO ACQUIRE FERRARI MONZA SP2 AT CONCORSO D’ELEGANZA VILLA D’ESTE AUCTION
Broad Arrow Auctions (driven by Hagerty, NYSE: HGTY) will offer a rare 2020 Ferrari Monza SP2 at the Concorso d’Eleganza Villa d’Este Auction on 16-17 May 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Broad Arrow Auctions (driven by Hagerty, NYSE: HGTY) will offer a rare 2020 Ferrari Monza SP2 at the Concorso d’Eleganza Villa d’Este Auction on 16-17 May 2026. One of 499 Icona series cars, chassis 261538 shows just 417 km, features Tailor Made livery and a 6.5L V12 producing 798 hp. The car includes two-seat barchetta layout, virtual windshield aerodynamics, Berluti carbon helmets and factory four-point harnesses; consignments remain open for this and other 2026 European auctions.
Positive
- One of 499 Icona series Monza SP1/SP2 units
- Extremely low mileage: 417 km at cataloguing
- 798 hp 6.5L naturally aspirated V12 specification
- Auction scheduled at high-profile Villa d’Este on 16-17 May 2026
Negative
- None.
Details
News Market Reaction – HGTY
On Mar 27, the day this news came out, HGTY closed 2.35% below the previous close.
Data tracked by StockTitan Argus for the Mar 27 session.
Key Figures
- Icona series production
- 499 cars
- Total SP1 and SP2 Icona series production
- Odometer reading
- 417 kilometres
- Mileage of the featured 2020 Ferrari Monza SP2
- Engine displacement
- 6.5 litres
- Naturally aspirated V12 engine size
- Engine output
- 798 hp
- Power from the 6.5-litre V12
- Engine torque
- 719 Nm
- Torque from the 6.5-litre V12
- 0–100 km/h time
- 2.9 seconds
- Quoted acceleration for the Monza SP2
- Auction dates
- 16–17 May 2026
- Concorso d’Eleganza Villa d’Este Auction schedule
- Model year
- 2020
- Year of the featured Ferrari Monza SP2
Historical Context
-
Record $111M Amelia sales and 92% sell-through with marquee Ferrari Enzo.
-
Largest Broad Arrow auction to date with $111M sales and 13 world records.
-
Amelia auction closing $107M+ led by record $6.605M Lamborghini Miura SV.
-
Day-one supercar records including $15.185M Ferrari Enzo and Carrera GT highs.
-
2025 revenue $1.456B and strong EBITDA with 2026 guidance including expected loss.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
naturally aspirated technical
carbon fibre technical
barchetta technical
aerodynamic technical
virtual windshield technical
four-point safety harnesses technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
2020 FERRARI MONZA SP2 ONE OF ONLY 499 ICONA SERIES SP1 AND SP2 PRODUCED | STRIKING TAILOR MADE LIVERY IN TWO-TONE ROSSO CALIFORNIA WITH A GRIGIO COBURN NOSE SECTION AND ARGENTO NÜRBURGRING ACCENTS | EXTREMELY LOW MILEAGE EXAMPLE SHOWING ONLY 417 KILOMETRES | 6.5-LITRE NATURALLY ASPIRATED V12 PRODUCING 798 HP AND 719 NM OF TORQUE
BICESTER, United Kingdom, March 27, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is extremely proud to present a superb, low mileage example of the rarely offered for sale Ferrari Monza SP2 at its Concorso d’Eleganza Villa d’Este Auction from 16-17 May 2026.
Unveiled in 2018 along with the Monza SP1, the Monza SP2 is part of Ferrari’s highly exclusive and sought after Icona series cars, inspired by icons from the illustrious history of the Maranello marque, including the famous 1948 Ferrari 166MM Barchetta, 750 Monza and 860 Monza. Unlike the SP1, the SP2 offers the distinct advantage of having two seats as well as a second headrest fairing for the passenger.
Based on the incredible 812 Superfast, the Monza SP2 pairs a carbon fibre barchetta body with the sonorous 6.5-litre, normally aspirated V12 engine from the 812. It was Ferrari’s most powerful naturally-aspirated engine when it was launched, delivering 798 hp and 719 Nm of torque and capable of achieving a 0-100 km/h time of an astonishing 2.9 seconds.
“Following the world-record setting sale of the first Ferrari Monza SP2 to be sold in North America at our Amelia Auction, we are very excited to add this very low mileage SP2 to an already phenomenal line-up for our Concorso d’Eleganza Villa d’Este Auction,” says Joe Twyman, VP of Sales for Broad Arrow’s EMEA Region. “Icona series cars are highly coveted by Ferrari collectors and rarely come up for sale, especially in this unique specification. We expect it to generate intense bidding among international collectors when it appears on the podium at the spectacular Villa Erba.”
Chassis number 261538 is the modern definition of a sports car intended to take on legendary events such as the Mille Miglia. With no windscreen, it benefits from the clever ingenuity of Ferrari engineers who created the ‘Virtual Windshield’, an aerodynamic design that channels airflow through the bonnet and out, ahead of the occupants. This is only one element of an extensive aerodynamic package that dramatically enhances both speed and downforce, ensuring that every drive in a Monza SP2 is a visceral experience second-to-none.
Presented like new, having driven only 417 kilometres at the time of cataloguing, this superb example recalls the contrasting colours of some of Ferrari’s most memorable racing liveries with its two-tone colour scheme of Rosso California with a Grigio Coburn nose section and Argento Nürburgring accents. The cockpit features Jeans Aunde Blu fabric and Pelle Elmo Blue leather with the famous Cavallino Rampante embroidered on the headrests. The idea that the Monza SP2 is truly race car-inspired is further emphasised by four-point safety harnesses and the factory supply of two beautifully crafted carbon fibre helmets by Berluti.
“Offered only to the most discerning of Ferrari clients at the time of its launch, the Monza SP2 is undeniably one of the most collectable Ferraris of the 21st century”, says Daniele Turrisi, Consignment Consultant at Broad Arrow Auctions and Private Sales. “With its Tailor Made paintwork and extensive list of options and accessories, this is one of the most compelling examples of the Icona Series that any Ferraristi could hope to acquire.”
Consignment opportunities remain for the Broad Arrow Concorso d’Eleganza Villa d’Este Auction and collectors interested in discussing consigning their car to this prestigious sale are invited to contact a Broad Arrow Car Specialist at +44 20 4592 0169 (UK), + 32 476 879 471 (Europe) or on +1 313 312 0780 (North America) or via email at info@broadarrowauctions.com. Further details are available at broadarrowauctions.com. Collectors are also invited to discuss consignments for other Broad Arrow auctions taking place in Europe in 2026, including the Zoute Concours Auction on 9th October and the Zürich Auction on 7th November.
Ends.
For media enquiries relating to Broad Arrow Auctions, including accreditation for the auction at the Concorso d’Eleganza Villa d’Este, please contact a member of the press team.
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 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
- 2020 Ferrari Monza SP2 set to be offered at Broad Arrow's Concorso d'Eleganza Villa d'Este Auction
- Another look at the 2020 Ferrari Monza SP2 set to be offered at Broad Arrow's Concorso d'Eleganza Villa d'Este Auction
Ian Kelleher Broad Arrow Auctions +1 917-971-4008 ikelleher@hagerty.com Meghan McGrail Broad Arrow Auctions +1 519-359-4858 mmcgrail@hagerty.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.