HGTY press release
Key Highlights
- ➤1997 Ferrari F50 with 106 miles leads Broad Arrow’s October 31 Las Vegas Auction
- ➤F50 estimated to sell for more than $20,000,000 at the Las Vegas Auction
- ➤Broad Arrow’s Las Vegas sale will feature more than 75 collector cars
- ➤Modern supercars’ auction-sales share has risen to 38 percent since 2019
- ➤Hypercars’ auction-sales share has grown to 32 percent since 2019
Expert Statements
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“This is certainly the lowest mileage example of an end-of-an-era supercar”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“While modern hypercars continue to push the boundaries of design and engineering technology, today’s younger collectors are also seeking a return to an analog driving experience, and we’ve seen the likes of Ferrari and McLaren tease new cars with the manual transmissions they’re after.”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“The F50 offers the ultimate mechanical, unfiltered driving experience, powered by Formula 1-derived technology. And for serious collectors, this is as close as anyone can get today to taking delivery of a brand new F50.”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“As we’ve witnessed over the last twelve months, collector appetite for supercars of the ‘80s, ‘90s, 2000s, and today continues to climb.”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“Since 2019, modern supercars’ share of auction sales has increased to 38 percent while hypercars’ share has grown to 32 percent.”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“Hagerty’s Ferrari Supercars Index, which includes the F50, continues to far outperform the S&P 500, currently by more than 300 points.”
Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions
“Broad Arrow is excited to bring exactly what collectors are looking for to the Las Vegas Auction, which is sure to be one of our most exciting sales to date.”
Grosse Pointe, Michigan, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), has revealed a 1997 Ferrari F50 showing an incredible 106 miles from new as the star lot for its upcoming Las Vegas Auction. Set for October 31 at Wynn Las Vegas, the single-day auction marks Broad Arrow’s second annual sale as the official auction partner of the Concours at Wynn Las Vegas, held against the iconic backdrop of the Las Vegas Strip. The sale will present more than 75 exceptional collector cars, including some of the market’s most sought-after supercars and hypercars.
“This is certainly the lowest mileage example of an end-of-an-era supercar,” says Alexander Weaver, Senior Car Specialist and Vice President at Broad Arrow Auctions. “While modern hypercars continue to push the boundaries of design and engineering technology, today’s younger collectors are also seeking a return to an analog driving experience, and we’ve seen the likes of Ferrari and McLaren tease new cars with the manual transmissions they’re after. The F50 offers the ultimate mechanical, unfiltered driving experience, powered by Formula 1-derived technology. And for serious collectors, this is as close as anyone can get today to taking delivery of a brand new F50.”
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