Broad Arrow Auctions, a Hagerty company, will serve as the exclusive auction partner for the Audrain Newport Concours & Motor Week and the presenting sponsor of the Audrain Motorsport Veteran Car Tour through 2028.
The partnership gives Hagerty a new auction venue in the Northeast, a region where the company has had no auction presence to date, and positions it to capture increased collector‑car activity in a key market.
The agreement will begin with the 2026 event season and will include spring and fall activations each year through 2028.
Broad Arrow Auctions was founded in 2021 and has expanded its global footprint with recent auctions in Europe and other parts of the United States, making this Northeast expansion a significant operational milestone.
Hagerty’s 2024 revenue grew 15% year over year, reflecting the company’s broader strategy to deepen its marketplace offerings and engage a wider collector base.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.