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Porsche 918 Spyder Weissach Tops Broad Arrow’s $20 Million Air|Water Auction

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Broad Arrow Auctions (HGTY) realized $20 million at its 2026 Porsche Air|Water Auction on April 25, achieving an 84% sell-through rate (70 of 83 lots) and nearly 50% first-time bidders. Top lot: a 2015 Porsche 918 Spyder Weissach at $4,680,000. Other highlights included a 2025 RUF SCR at $2,095,000 and two Singer Reimagined 911s.

Complete results and upcoming auction details are available at broadarrowauctions.com. Buyer’s premium and USD pricing policy were confirmed.

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AI-generated analysis. Not financial advice.

Positive

  • Total sales of $20 million at a single-day, single-marque auction
  • 84% sell-through rate (70 of 83 lots) — Broad Arrow’s best Air|Water performance
  • Nearly 50% of bidders were first-time participants, expanding the buyer pool
  • High-value top lot: 2015 Porsche 918 Spyder Weissach sold for $4,680,000

Negative

  • Buyer’s premium up to 12%/10% for motor cars, adding material cost for purchasers

News Market Reaction – HGTY

-0.47%
1 alert
-0.47% News Effect

On the day this news was published, HGTY declined 0.47%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Air|Water total sales: $20,000,000 Sell-through rate: 84% Lots sold: 70 of 83 lots +5 more
8 metrics
Air|Water total sales $20,000,000 2026 Porsche Air|Water single-marque auction
Sell-through rate 84% 70 of 83 lots sold at 2026 Air|Water auction
Lots sold 70 of 83 lots Results at 2026 Air|Water auction
2015 Porsche 918 Spyder Weissach price $4,680,000 Top lot at 2026 Air|Water auction
Miles on 918 Spyder 1,267 miles Odometer at time of cataloging
2025 RUF SCR price $2,095,000 Second-highest result at 2026 Air|Water auction
1992 911 Targa Singer price $1,160,000 Top ten result at 2026 Air|Water auction
1998 911 Turbo S WLS2 price $681,500 Exceeded pre-sale estimate of $575,000–$625,000

Market Reality Check

Price: $10.84 Vol: Volume 95,814 is below th...
low vol
$10.84 Last Close
Volume Volume 95,814 is below the 20-day average of 158,916, suggesting limited pre-news positioning. low
Technical Shares at $10.72 are trading below the $11.72 200-day MA, and about 23.43% under the 52-week high.

Peers on Argus

HGTY gained 0.19% ahead of this positive auction news. Key peers like SIGI (+3%)...

HGTY gained 0.19% ahead of this positive auction news. Key peers like SIGI (+3%), MCY (+2.11%), KMPR (+1.25%), WTM (+0.31%) and LMND (+0.14%) also traded higher, but no peers appeared in the momentum scanner, indicating the move looked stock-specific rather than a sector rotation.

Historical Context

5 past events · Latest: Apr 24 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 24 Auction lineup news Positive +0.8% Previewed Ferrari-focused Villa d’Este auction with 75+ collector cars.
Apr 22 Earnings date notice Neutral +0.9% Announced timing and access details for Q1 2026 earnings call.
Apr 22 Record car sale Positive -3.1% Reported $8,035,000 Broad Arrow sale of Gordon Murray Automotive T.50.
Apr 21 Event preview Positive -0.7% Outlined Motorlux plans for Monterey Car Week with culinary and auto themes.
Apr 14 Auction preview Positive +0.5% Highlighted Pagani Zonda 760 Unica Roadster and Italian supercars for Villa d’Este.
Pattern Detected

Recent Broad Arrow and event-related announcements have produced mixed reactions: some auction highlights coincided with gains, while others saw shares trade lower, indicating investor responses to similar news have not been consistently positive.

Recent Company History

Over the past month, HGTY issued several Broad Arrow auction announcements and event updates. Highlights included high-profile consignments such as a bespoke 2018 Pagani Zonda 760 Unica Roadster and a 2025 Gordon Murray Automotive T.50 that realized $8,035,000, plus coverage of Motorlux and the upcoming Villa d’Este auction. A notice on upcoming Q1 2026 results also posted. Price reactions ranged from about -3.06% to +0.95%, showing varied responses to broadly positive news.

Market Pulse Summary

This announcement highlights Broad Arrow’s strongest Air|Water performance yet, with total sales of ...
Analysis

This announcement highlights Broad Arrow’s strongest Air|Water performance yet, with total sales of $20,000,000, an 84% sell-through rate and a headline 2015 Porsche 918 Spyder Weissach at $4,680,000. It adds to a series of recent auction and event updates under HGTY. Investors may watch how consistently Broad Arrow delivers high-profile consignments, how upcoming Villa d’Este results compare, and how management frames these businesses on the next earnings call.

Key Terms

buyer’s premium, Hammer Price
2 terms
buyer’s premium financial
"NOTE: All prices are listed in USD and include buyer’s premium, which is equal to the sum"
A buyer’s premium is an additional fee charged on top of the winning bid at an auction, usually expressed as a percentage of the final sale price. For investors it matters because it increases the true purchase cost—like a sales tax or service fee added at checkout—affecting return calculations, bidding strategy and the break-even price for future resale.
Hammer Price financial
"twelve percent (12%) of the first $250,000 of the Hammer Price and ten percent (10%)"
The hammer price is the final bid amount at an auction when the auctioneer’s gavel falls, representing the winning bid before any additional fees or taxes are added. For investors, it signals the market’s willingness to pay for an asset—like a snapshot of demand—and helps estimate true sale proceeds and market value, much as a sale price does for a house before closing costs are applied.

AI-generated analysis. Not financial advice.

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Broad Arrow’s 2026 Porsche Air|Water Auction realizes $20 million with an 84 percent sell-through rate—the company’s best results at the single-marque sale to date | Paint to Sample 2015 Porsche 918 Spyder Weissach at $4,680,000 and rare 2025 RUF SCR at $2,095,000 lead single-day sale during renowned Air|Water event | Additional stand-out results achieved for two Porsche 911s Reimagined by Singer, alongside a group of seldom-seen Power Kit-equipped 911s | Complete results and information on upcoming auctions available at broadarrowauctions.com

Costa Mesa, California, April 28, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), has announced official results for its third annual Porsche Air|Water Auction, held on Saturday, April 25 during the renowned Air|Water experience from the creators of Luftgekühlt. The single-marque, single-day auction realized $20 million in total sales, with a strong 84 percent sell-through rate (70 of 83 lots) and nearly 50 percent of all bidders participating for the first time. This represents Broad Arrow’s strongest Air|Water performance to date.

A well-attended preview on April 24 coupled with the enthusiasm of the Air|Water event translated to an energetic sale room on Saturday, with Broad Arrow Auctioneer, Thomas Forrester, conducting numerous exciting bidding competitions, including for the sale-topping 2015 Porsche 918 Spyder Weissach at a final $4,680,000, eventually selling to a bidder over the phone. 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. Exquisitely optioned, it was offered with only 1,267 miles at the time of cataloging.

It was the equally eye-catching 2025 RUF SCR that also stole the show on Saturday afternoon. The highly exclusive, made-to-order, modern RUF supercar elicited back-and-forth bidding between two bidders in the room, eventually selling for a final $2,095,000. A true ground-up RUF design, chassis 06025 was offered with delivery miles only and finished in vivid Paint to Sample Türkisblau (Turkish Blue). 

“We’re always thrilled to present an auction at a true enthusiast event like Air|Water and to a group of collectors and drivers as passionate as the Porsche community,” says Alexander Weaver, Vice President and Senior Car Specialist for Broad Arrow. “This was our best Air|Water Auction yet, with a catalog of cars that included some very special, incredibly optioned cars. It was once again the hard-to-find, bespoke, and highly optioned modern Porsches that topped the sale, indicative of overall market trends and of the quality of the offering. We’re excited to continue our spring and summer auction calendar across the globe.” 

Nearly every evolution and iteration of the Porsche 911 was on offer at Broad Arrow’s 2026 Air|Water Auction, including a pair of stunning examples Reimagined by Singer. A 1990 Porsche 911 Coupe Reimagined by Singer known as the “Lindsey Commission” demonstrated Singer’s refined restraint with its custom Light Ivory exterior, Cumin leather interior, and Nickel-finished trim and quilted leather details throughout. The Classic Coupe sold for a final $1,022,500. Later in the sale, an elegant 1992 Porsche 911 Targa Reimagined by Singer known as the “Rio Commission” sold for $1,160,000, finished in Paint to Sample Bespoke Green over an opulent interior trimmed in Burgundy and Sunset Orange leather with 18-karat gold detailing.

Amongst many additional highlights, it was the rarely seen Power kit-equipped 911s that stood out, with all examples commanding extended bidding battles throughout the sale. A 1998 Porsche 911 Turbo S WLS2 led the pack. Earning significant pre-sale interest, this is one of only 160 Rest of World (RoW) 993-generation 911 Turbo S examples fitted as standard with the 450-horsepower (XLC) WLS2 Power Kit. Exceptionally ordered in Vesuvio Metallic, a coveted present-day Paint to Sample hue, over a full Black leather interior, this was an incredible example of the most powerful air-cooled 911 Turbo for the street ever offered. With competitive bidding from start to finish, the 911 Turbo S WLS2 sold for a final $681,500, exceeding its pre-sale estimate of $575,000 to $625,000.

As soon as bidding opened for a 1989 Porsche 911 Turbo Coupe WLS, equipped with the ultra-rare WLS performance package from Porsche Exclusive, it accelerated at lightning speed, landing at a final $390,000. Rounding out the group, a 1997 Porsche 911 Carrera 4S WLS 3.8— a German-market example retained by Porsche from new for internal use—sold for $263,200.

Top Ten Sales – Broad Arrow Porsche Air|Water Auction 2026

  1. Lot 256
2015 Porsche 918 Spyder Weissach Package $4,680,000
  1. Lot 235
2025 RUF SCR $2,095,000
  1. Lot 248
1992 Porsche 911 Targa Reimagined by Singer $1,160,000
  1. Lot 212
1990 Porsche 911 Coupe Reimagined by Singer $1,022,500
  1. Lot 222
2011 Porsche 911 GT3 RS 4.0 $995,000
  1. Lot 228
2016 Porsche 911 R $747,500
  1. Lot 244
2023 Porsche 911 Sport Classic $714,500
  1. Lot 240
1998 Porsche 911 Turbo S WLS2 $681,500
  1. Lot 250
2018 Porsche 911 GT2 RS $555,000
  1. Lot 249
2025 Porsche 911 GT3 RS Weissach Package $483,500

Complete results from Broad Arrow’s 2026 Porsche Air|Water Auction are available at broadarrowauctions.com. Next on Broad Arrow’s live auction calendar, the auction house returns to the shores of Lake Como in Italy on May 16-17 for its second annual sale as the official auction of the Concorso d’Eleganza Villa d’Este. The complete digital catalog for the auction is now available, featuring more than 75 exceptional collector cars and a selection of sought-after memorabilia, led by a bespoke 2018 Pagani Zonda Unica and a just-announced 2023 Ferrari Daytona SP3.

Additional information on upcoming auctions as well as bidder registration is available at broadarrowauctions.com. Members of the media with any questions are invited to reach out to the Broad Arrow Press Team at press@broadarrowauctions.com.

NOTE: All prices are listed in USD and include buyer’s premium, which is equal to the sum of twelve percent (12%) of the first $250,000 of the Hammer Price and ten percent (10%) of the amount by which the Hammer Price exceeds $250,000 for all motor car lots. For non-motor car lots (including motorcycles), Buyer’s Premium is equal to twenty-five (25) percent of the Hammer Price. Results include select transactions that occurred immediately following the close of the auction.

Editor’s Notes 

Photo Credit: All images by Robin Adams/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 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
ikelleher@hagerty.com

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

FAQ

How much did Broad Arrow (HGTY) realize at the 2026 Porsche Air|Water Auction?

Broad Arrow realized $20 million in total sales at the 2026 Porsche Air|Water Auction. According to Broad Arrow, the sale achieved an 84% sell-through rate with 70 of 83 lots sold and nearly 50% new bidders.

What was the top-selling car at Broad Arrow’s April 25, 2026 Porsche auction (HGTY)?

The top-selling car was a 2015 Porsche 918 Spyder Weissach at $4,680,000. According to Broad Arrow, it was Paint to Sample Riviera Blue with just 1,267 miles and sold to a phone bidder.

Which rare modern models led results at the Broad Arrow Porsche Air|Water Auction?

Standout modern sales included a 2025 RUF SCR at $2,095,000 and multiple bespoke Porsches. According to Broad Arrow, bespoke Paint to Sample and Weissach‑package cars drew the strongest bidding.

What buyer fees apply to purchases at Broad Arrow auctions (HGTY)?

Buyer’s premium for motor cars is 12% of the first $250,000 and 10% thereafter; non‑motor lots carry 25%. According to Broad Arrow, all prices are USD and include the buyer’s premium.

When and where is Broad Arrow’s next live auction after the 2026 Air|Water sale?

Broad Arrow returns to Lake Como, Italy for its Concorso d’Eleganza Villa d’Este sale on May 16–17, 2026. According to Broad Arrow, the catalog includes over 75 collector cars led by a bespoke Pagani Zonda Unica.