A newly released independent economic impact study conducted by the United States Motorsports Association (USMA) confirms what locals and race fans have long known—Knoxville Raceway is not just the “Sprint Car Capital of the World,” but a significant economic engine for the State of Iowa.
CHARLOTTE, N.C., June 4, 2025 – The Kyle Petty Charity Ride Across America today announced it raised over $1.4 million after completing its 29th Anniversary Ride, which took place May 3 – 9, 2025. Funds raised directly benefit Victory Junction – a camp in Randleman, North Carolina servicing children with chronic medical illnesses. The Ride’s donation supports summer camperships, building projects and maintenance programs.
Memorial Day Weekend’s annual “Biggest Day in Racing” culminated on Prime Video this past Sunday, where the streamer launched its inaugural season of NASCAR Cup Series coverage for race fans, with an exclusive presentation of the Coca-Cola 600.
7:05M Viewers: Nielsen Fast National for Sunday’s 109th Running of the Indianapolis 500 on FOX
88 PERCENT OF ALL LOTS SOLD: 1959 FERRARI 250 GT LWB CALIFORNIA SPIDER COMPETIZIONE TOPS THE SALE AT $9,465,000
Grosse Pointe, Michigan (March 10, 2025) – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, saw great success with its third annual Amelia Auction on Friday, March 7 and Saturday, March 8—the official auction of The Amelia Concours d’Elegance. The auction achieved $61.7 million in total sales, with 88 percent of all lots sold. A well-attended preview in the ballroom and on the ocean-front lawn of the Ritz-Carlton Amelia Island translated to standing-room-only across both auction days.
STRAWBERRY MERCEDES-BENZ 300 SL GULLWING TOPS SALE AT $1,490,000, AUCTION CALENDAR CONTINUES MARCH 7-8 WITH THE AMELIA AUCTION
Grosse Pointe, Michigan (February 18, 2025) – Broad Arrow Auctions, a Hagerty company (NYSE: HGTY), kicked off its 2025 auction calendar with the highly successful presentation of The Academy of Art University Collection Auction this past Saturday, February 15, at the University’s Museum facilities in San Francisco. The Auction saw 105 of the collector car hobby’s most desirable pre- and post-War classics sell under the Broad Arrow gavel—entirely without reserve—achieving $14.5 million in total sales before a packed auction room, in addition to hundreds of bidders both online and on the phones. (more…)
Grosse Pointe, Michigan (December 18, 2024) – Broad Arrow, a Hagerty (NYSE: HGTY) company, helped clients buy, sell, and finance collector cars resulting in nearly $316 million in total transactions across auctions, private sales, and financing in just its third year of operation. This represents 75 percent growth over 2023 results ($180 million in total transactions) despite challenging market conditions for collector cars. Look back at 2024 highlights via this video. (more…)
Tulsa, Oklahoma – The Department of Motorsports Industry Research at the United States Motorsports Association (USMA) has released a comprehensive independent study titled “Turbocharging Oklahoma: Discovering the Economic Power of Tulsa Raceway Park and Tulsa Speedway,” which details the substantial economic and socio-economic impacts of these two iconic racing venues on Tulsa and the state of Oklahoma. (more…)
CHARLOTTE, N.C. (Oct. 7, 2024) – As the devastation wrought by Hurricane Helene grows clearer by the day, four of North Carolina’s leading companies have pledged a combined $2 million donation to Samaritan’s Purse in support of relief efforts in western North Carolina and throughout the Southeast. (more…)
