Broad Arrow Auctions Announces New Zoute Concours Auction in Collaboration with Zoute Grand Prix Car Week

Broad Arrow Auctions announces its inaugural Zoute Concours Auction on October 10, 2025, featuring 70 exceptional collector cars in Belgium.

Quiver AI Summary

Broad Arrow Auctions, a subsidiary of Hagerty, announces a new auction event, The Zoute Concours Auction, set for October 10, 2025, in Knokke-Heist, Belgium, during the Zoute Grand Prix Car Week. This single-day auction will feature around 70 collectible cars, catering to a range of categories and price points. Karsten Le Blanc, Head of Broad Arrow's EMEA Region, expressed enthusiasm for expanding their European presence, especially following their successful debut in May 2025 at the Concorso d’Eleganza Villa d’Este. The collaboration with Zoute Grand Prix aims to enhance the event's prestige while appealing to global collectors. The Zoute Grand Prix Car Week promises an array of luxury automobiles and cultural experiences, solidifying its status in the international motoring calendar. Further details on the auction and early consignments will be available soon on Broad Arrow's website.

Potential Positives

Broad Arrow Auctions has announced a significant new addition to their auction calendar with The Zoute Concours Auction, which will showcase approximately 70 exceptional collector cars, enhancing the company's global presence.
The successful debut at the Concorso d'Eleganza Villa d'Este Auction, bringing in €31.2 million in sales and establishing a new auction record, establishes credibility and momentum for future events like the upcoming Zoute Concours Auction.
This partnership with Zoute Grand Prix is aimed at strengthening both brands’ international reach and is expected to attract important collectors from around the world, providing Broad Arrow with increased visibility in the European market.
The collaboration is seen as an exciting opportunity to curate exclusive selections of collector cars, highlighting Broad Arrow’s commitment to quality and expertise in the luxury automotive space.

Potential Negatives

Potential overestimation of the event's success, as the success of previous auctions may not guarantee similar outcomes for the new auction in Belgium.
The reliance on a partnership with the Zoute Grand Prix could be a risk if the collaboration does not yield the expected results or if the event fails to attract a sufficient number of high-value consignments.
The press release includes a lengthy disclaimer on forward-looking statements, highlighting inherent risks and uncertainties that could negatively impact the company’s performance, which may raise concerns among investors.

FAQ

What is the Zoute Concours Auction?

The Zoute Concours Auction is a new event by Broad Arrow Auctions, showcasing exceptional collector cars in Belgium.

When will the Zoute Concours Auction take place?

The auction is scheduled for Friday, October 10, 2025, during the Zoute Grand Prix Car Week.

How many cars will be featured at the auction?

Approximately 70 exceptional collector cars will be presented across various categories and price points.

Who are the partners involved in the Zoute Concours Auction?

The auction is in collaboration with Zoute Grand Prix, enhancing the event's prestige and international appeal.

Where is the Zoute Concours Auction being held?

The auction will take place at Approach Golf in Knokke-Heist, a scenic location near the beach.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

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Full Release

LONDON, England, June 02, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to announce the addition of a new event on its global auction calendar— The Zoute Concours Auction, held in collaboration with Zoute Grand Prix Car Week (8-12 October 2025) in Belgium . Set for Friday, 10 October on the grounds of the beautiful Approach Golf in Knokke-Heist, a stone’s throw from the beach, the single-day auction will present approximately 70 exceptional collector cars across a wide variety of categories, marques, and price points.

“We are thrilled to announce the Zoute Concours Auction as our newest sale date just days after a fantastic European auction debut for Broad Arrow,” says Karsten Le Blanc, Head of Broad Arrow’s EMEA Region & Broad Arrow Capital . “Our great success at the Concorso d’Eleganza Villa d’Este Auction is a testament to the team of experienced car specialists and seasoned industry operators we have assembled in EMEA, and we look forward to collaborating with Koen Van Hout and the Zoute Grand Prix team to bring the Broad Arrow experience to Belgium this fall.”

Gregory Tuytens, Head of Consignments in Belgium & The Netherlands for Broad Arrow adds: “I’ve personally enjoyed a longstanding relationship with Zoute Grand Prix, an event beloved by European collectors and enthusiasts alike. The exclusivity of the event and the genuine passion for motoring exhibited throughout the week make Zoute a fantastic next step in expanding Broad Arrow’s European presence. The festival draws important collectors from around the world, and we’re excited to curate an exceptional selection of collector cars for auction to suit their tastes and enhance the incredible cars that descend on Belgium for the Zoute Grand Prix Car Week in October.”

Zoute Grand Prix Car Week, a staple on the European and international motoring calendar, is a five-day festival that blends exceptional automobiles, avant-garde art, and a luxury lifestyle, promising a truly unforgettable celebration in beautiful Knokke-Heist. Broad Arrow’s Zoute Concours Auction will be held in conjunction with the return of the prestigious Zoute Concours d’Élégance by ING Private Banking on Saturday 11 and Sunday 12 October. The auction is expected to offer approximately 70 highly curated cars, alongside an impressive display of automotive elegance at the Zoute Concours d’Élégance by ING Private Banking.

Koen Van Hout, CEO, Zoute Grand Prix adds: "We are very proud to announce our partnership with Broad Arrow, a second international auction house, during the Zoute Grand Prix Car Week, a natural and exciting collaboration between two ambitious companies united by a shared vision of the future, a passion for excellence, and the drive to expand our global reach. This is a partnership that will strengthen the international character of our event and take the Zoute Grand Prix Car Week to new heights."

The announcement of the Zoute Concours Auction follows Broad Arrow’s European auction debut as BMW AG’s official auction partner of the Concorso d’Eleganza Villa d’Este. Held on 24-25 May at the stunning Villa Erba, the inaugural auction was a resounding success, totalling €31,2 million in sales with 78 percent of all lots sold. The vibrant auction saw several standout individual sales, including a new auction record for the top-selling 1948 Ferrari 166 Spyder Corsa at €7.543.750.

Additional information on the Zoute Concours Auction is available at broadarrowauctions.com. Early consignments will be announced in the coming weeks. Collectors interested in consigning to or attending the auction are invited to speak with a Broad Arrow car specialist about this exciting new sale.

Ends.

About Broad Arrow Auctions
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is a leading global collector car auction house. Founded in 2021 by highly experienced industry veterans, Broad Arrow offers exceptional quality cars to collectors and enthusiasts around the world. As the fastest growing auction house in its segment, Broad Arrow’s flagship annual events include The Monterey Jet Center Auction, in conjunction with Motorlux in California, The Amelia Auction, as the official auction of The Amelia (Concours d’Elegance) in Florida, and The Porsche Auction, in conjunction with Air | Water by Luftgekühlt in California. Broad Arrow expanded its global footprint in 2023, with renowned car specialists joining the team in the UK and Europe. Broad Arrow launched its first auction in Europe in May 2025 as the new official auction house of the Concorso d’Eleganza Villa d’Este in Italy in partnership with BMW AG. Learn more at broadarrowauctions.com and follow us on Instagram , Facebook , LinkedIn , and Twitter .

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 875,000 who can’t get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook , Instagram , X and LinkedIn .

About Zoute Grand Prix Car Week
Zoute Grand Prix is a captivating celebration of high-end lifestyle, art, and automotive excellence. What began in 2010 as a rally of historic cars among friends, has evolved into one of Europe’s most prestigious events for lovers of both classic and contemporary automobiles. Now in its 16th edition, this five-day festival draws passionate collectors, connoisseurs, and car enthusiasts from around the world. Held in the heart of Knokke-Heist—one of Europe’s most refined coastal towns—Zoute Grand Prix Car Week features a Classic Rally, a Concours d’Elegance, a GT Tour, and exclusive exhibitions of art and design. Visitors can admire iconic historic models alongside cutting-edge premieres from the world’s most luxurious manufacturers, many making their European debut. In 2021, the event received international recognition as Motoring Event of the Year at the Historic Motoring Awards in London.

Beyond the automotive allure, guests enjoy top-tier gastronomy, with celebrated chefs and premium dining experiences. Every detail reflects world-class hospitality and understated elegance, making Zoute Grand Prix an unmissable event for those who appreciate beauty, performance, and exclusivity. Discover more at zoutegrandprix.be

Forward-Looking Statements - This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current intentions, expectations, or beliefs regarding the business. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forward-looking statements include: (i) our ability to recognise the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2023. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Understanding the information contained in those filings is important in order to fully understand our reported financial results and our business outlook for future periods. We do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

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