HGTY - Broad Arrow Auctions Announces Partnership with the Chattanooga Motorcar Festival Will Host Collector Car Auction Alongside Festival Programming for 2024 | Benzinga
Grosse Pointe, MI, July 09, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is thrilled to announce the addition of a fourth and final U.S.-based auction for the 2024 calendar year that will see approximately 100 collector cars crossing the block as part of the 2024 Chattanooga Motorcar Festival. The partnership unites the fast-growing Motoring Festival, now in its fifth year, alongside a Broad Arrow boutique auction set to feature a wide array of collector cars on October 12, 2024.
Kenneth Ahn, President of Hagerty Marketplace and Broad Arrow, states, "We are thrilled by the opportunity to be working with the Chattanooga Motorcar Festival, its founder Byron DeFoor, and his talented team. Chattanooga, Tennessee is a tremendous backdrop to hold our auction, and we could not be more pleased to partner with the Chattanooga Motorcar Festival to support the Neuroscience Innovation Foundation, raising funds and awareness for a worthy cause, while shining a light on the exciting developments in downtown Chattanooga."
Byron DeFoor, Founder of the Chattanooga Motorcar Festival states, "It gives me great pleasure to welcome my automotive enthusiast friends to our beautiful city each October and this year, we could not be more pleased to welcome Broad Arrow and Hagerty to be an integral part of the event and witness the transformation that our city undergoes in preparation for the festivities. I am equally proud that our event will again benefit the Neuroscience Innovation Foundation (NIF). I am humbled by the opportunity to not only support such worthy causes but to do so through the collector car community. We look forward to welcoming everyone to our wonderful city this October 11-13 for an exciting weekend of activities."
Donnie Gould, Senior Car Specialist, states, "Chattanooga has long been a key location in the car collecting world and there are a number of significant collectors and collections located in the region with whom we have very strong relationships. Notably, Chattanooga is only a ...