ECD Automotive Design's Project Gravette Porsche 993 won Best in Show at the 2025 Festivals of Speed in Florida.
Quiver AI Summary
ECD Automotive Design, Inc., the leading luxury vehicle restoration company, announced that its Project Gravette Porsche 993 won the Best in Show – European Modified Division at the 2025 Festivals of Speed in Florida. This marks ECD's first customization of a Porsche 911, which debuted at the event and impressed both attendees and judges. CEO Scott Wallace highlighted the significance of this award as recognition of ECD's craftsmanship and design capabilities, as well as a part of the company's strategy to expand into new vehicle markets. Alongside Project Gravette, ECD's earlier builds, including the Jaguar E-Type and Ford Mustang, have also received accolades in 2025. ECD, founded in 2013 and traded on NASDAQ as ECDA, is known for its bespoke, hand-built luxury restorations, with facilities located in Kissimmee, Florida, and an operations center in the UK.
Potential Positives
- ECD Automotive Design, Inc. won Best in Show – European Modified Division at the prestigious 2025 Festivals of Speed for its Project Gravette Porsche 993, validating the company's design and craftsmanship.
- This accolade enhances ECD's brand visibility and supports long-term growth by showcasing its ability to diversify into new vehicle segments.
- The recognition follows a series of awards for their builds in 2025, establishing ECD as a leader in custom luxury vehicles.
- Winning this award reflects the company's commitment to combining timeless design with modern performance, appealing to a broader market of luxury vehicle enthusiasts.
Potential Negatives
- Despite the recognition of their new Porsche 993 customization, ECD Automotive Design's affiliation disclaimer with Porsche could indicate potential legal or brand association risks in their future endeavors.
- The cautionary note regarding forward-looking statements highlights the inherent risks and uncertainties in their business model, which could deter investor confidence.
- The reliance on bespoke builds for each customer may pose challenges in scaling operations and meeting growing demand in the luxury vehicle market.
FAQ
What is Project Gravette by ECD Automotive Design?
Project Gravette is ECD's first Porsche 911 customization, which recently won Best in Show at the Festivals of Speed.
Where did ECD Automotive Design win an award?
ECD won the Best in Show – European Modified Division at the Festivals of Speed in Howey-in-the-Hills, Florida.
What vehicles does ECD Automotive Design specialize in?
ECD specializes in restoring luxury vehicles including Land Rovers, Jaguars, Ford Mustangs, and Toyota FJs.
What is the significance of the Festivals of Speed?
The Festivals of Speed is a premier event showcasing luxury and exotic vehicles, emphasizing design and craftsmanship.
How does ECD ensure quality in its builds?
Each ECD vehicle is hand-built by master-certified ASE craftsmen, taking approximately 2,200 hours to complete.
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.
$ECDA Hedge Fund Activity
We have seen 3 institutional investors add shares of $ECDA stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TORONTO DOMINION BANK added 200,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $51,020
- UBS GROUP AG added 56,312 shares (+152194.6%) to their portfolio in Q2 2025, for an estimated $14,365
- CITADEL ADVISORS LLC removed 33,813 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $8,625
- CLEAR STREET LLC removed 2,111 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $538
- BARCLAYS PLC removed 740 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $188
- TOWER RESEARCH CAPITAL LLC (TRC) removed 225 shares (-6.6%) from their portfolio in Q2 2025, for an estimated $57
- JPMORGAN CHASE & CO removed 15 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
KISSIMMEE, Fla., Nov. 04, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (“ECD” or the “Company”) (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, is proud to announce that its Project Gravette Porsche 993 earned Best in Show – European Modified Division at the 2025 Festivals of Speed , held October 26, 2025, at the Mission Resort + Club in Howey-in-the-Hills, Florida.
The Project Gravette Porsche 993, ECD’s first Porsche 911 customization, made its pubic debut and quickly captured the attention of attendees and judges at the Festivals of Speed .
“The Festivals of Speed is a premier showcase for design and craftsmanship, bringing together the world’s most luxurious and exotic vehicles,” said Scott Wallace, CEO and Co-Founder of ECD Automotive Design. “Winning Best in Show – European Modified for our debut Porsche build is validation of our team’s ability to blend timeless design, heritage performance and modern drivability and refinement. This recognition further underscores ECD’s use of its Boutique Division to diversify into new vehicle segments, strengthening brand visibility and supporting the Company’s long-term growth pipeline across custom, retail, and licensing channels.”
Project Gravette joins ECD’s growing roster of award-winning builds in 2025, following The Wellesley Commission Jaguar E-Type and Project Ghost Mustang, both recognized for their design and engineering excellence.
About ECD Auto Design
ECD, a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic English beauty with modern performance. Currently, ECD restores Land Rover Defenders, Land Rover Series IIA, the Range Rover Classic, the Jaguar E-Type and we have recently added Ford Mustang and Toyota FJ. Historically, each vehicle produced by ECD was fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence ("ASE") craftsmen. The Company was founded in 2013 by three British "gear heads' whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD's global headquarters, known as the "Rover Dome," is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 102 staff with 67 talented craftsmen and technicians, who hold a combined 66 ASE and three master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit www.ecdautodesign.com .
Trademark Notice
ECD is an independent company engaged in the restoration and customization of classic vehicles. ECD is not sponsored, associated, approved, endorsed, nor in any way affiliated with Porsche Cars North America, Inc., or Dr. Ing. h.c. F. Porsche AG. The Porsche® name and crest, 993® and 911® are trademarks of Dr. Ing. h.c.F. Porsche AG, and any other products mentioned are the trademarks of their respective holders. Any mention of trademarked names or other marks is for the purpose of reference only to the vehicles restored and customized.
Cautionary Note Regarding Forward-Looking Statements
This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “attempting,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Annual Report on Form 10-K filed for the year ended December 31, 2024 with the SEC, which can be obtained on the SEC website at www.sec.gov . These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
Investor Relations
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3e589ebe-a67b-4beb-82b4-3666e3766718