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The Need for (Shutter) Speed

The Need for (Shutter) Speed

Larry Chen's twenty years as one of the world's most successful and influential automotive photographers have been as much a vocation as a career. A lifelong Angeleno immersed in Southern California's car culture since his teens, Chen captures performance vehicles in action like no one else, while also exploring the surrounding subcultures that make these vehicles so much more than just machines.
His distinctive, emotional images have graced countless magazine covers, while he's today best known for his extensive work with the Hoonigan and Hagerty automotive lifestyle brands.
From his very first camera, Chen has been accompanied on his creative journey exclusively by Canon equipment and is today an official Canon Explorer of Light. All of this is embodied in his first book, Life at Shutter Speed: Two Decades of Larry Chen Photography: a stunning 14x11' gathering of his favorite images and the stories behind them.
SoCal Car CultureGrowing up in Santa Monica, Chen and his buddies would attend the LA Auto Show and hang out along the Pacific Coast Highway to spot luxury cars 'in the wild.' In his first car, a hand-me-down Volvo 740, he'd travel to events at Irwindale Speedway and Fontana's Auto Club Speedway, but also enthusiast meets at local strip malls, cruises, and auto fairs.
Chen knew that he wanted to make this car culture his life, and his talent for photography was already evident even on a borrowed point-and-shoot. 'I combined the two passions. Because anytime we were at the racetrack people, even though they were enjoying the same moment that I was enjoying, would comment that they can't wait to see my photos,' Chen recalled from his West Covina home. 'I realized that people wanted to see how I saw things. I just took that and ran with it.'
In 2003, Chen spent his entire savings on a Canon Rebel XT – a leap of faith that handsomely paid off as he honed his composition skills, use of light and, crucially, an instinct for key moments with more than a million shutter actuations over the following four years. His images rapidly evolved; he acquired pro Canon gear; and went from being a Speedhunters blog contributor to a full-time staff editor for that automotive site. A big break followed in 2012, when Chen became official series photographer for the Formula Drift franchise.
'I feel like it would not have happened if I didn't grow up in Southern California,' said Chen. 'Hot rodding in general started here … and it really is, in my eyes, still the center of car culture.'
Photographing both cars themselves and their owners and fans, Chen has since captured almost every aspect of automobile sport as well as studio shoots for model launches and commercial campaigns. More recently, his YouTube content – Hagerty's 'Capturing Car Culture' and his own, behind-the-scenes channel, 'AutoFocus with Larry Chen' – puts him on both sides of the lens.
Methodology & StyleWhile Chen and his Canon loadout work in all manner of circumstances and settings, from dusty off-road races to manicured studio shoots for major automakers, there are throughlines to his style and method.
'The first half of my career wasn't really solely focused on the beauty aspect of these machines – it was more focused on the people behind them,' he explained. 'Over time, it became more about the art aspect. What makes a beautiful picture? What kind of composition and lighting? And then also it gets to advanced techniques and unique, decisive moments.'
Chen's approach is immersive: he speeds alongside off-road racers in his supercharged Toyota FJ Cruiser or 500-horsepower Toyota Tundra; captures the thrills of the Long Beach Grand Prix in his Toyota Supra; rides shotgun with builders and pro drivers or crouches trackside with his Canon EOS R1, the fifth model he has helped launch for the storied Japanese brand.
Unsurprisingly, Chen is a major 'car guy' himself, his collection also including a beloved, much modded 1970 Datsun 240z, and his teenage dream car, a 2003 Porsche 996 Turbo. He participates in amateur races for fun, but also to remain connected with his subject matter ('I like to participate with everyone else, not just photograph it from the outside').
Canon & CreativityChen's career-long loyalty to Canon is down to its products' technical prowess, long-running user-friendly menu interface, and – for someone often shooting in the most demanding of outdoor circumstances, from desert to snow – ruggedness (not to mention outstanding support if repairs are required).
'No other manufacturer has such fast autofocus lenses,' he explained. 'I love shooting wide open … plus, most of the time we like to shoot with ambient and natural light, so it's always nice to have more light-gathering capabilities.'
Currently, Chen's professional go-to body is the Canon R1, which he helped launch for Canon USA last summer. 'I utilize it for the speed, the dynamic range, the durability, and also just its image capturing ability with video,' he continued. 'It's essentially two cameras in one … and basically everything that I wanted in a professional camera.'
Otherwise, he may use a Canon EOS R5 when a commercial shoot requires its huge 45-megapixel resolution. And his everyday, everywhere choice for photography and video is an EOS R8 ('The image quality is really good, the low light is incredible, but its small enough to carry with me.')
Chen uses an array of Canon lenses for his diverse needs, but he does have his favorites. 'If I had to carry one lens for the rest of my life, it would be the Canon RF35mm f/1.4 VCM. It's wide enough for most situations, but with a fixed focal length,' he said. 'If I had to carry two, it would [also] be the RF135mm F1.8 L IS USM, [which] can completely separate something as large as a vehicle from the background, but you can step in closer to get details, textures, portraits, everything.'
When he needs lighting to help freeze a subject, like the champagne pop on a winners' podium, Chen turns to the Canon Speedlite EL-1 with its convenient and eco-friendly rechargeable battery.
Another major plus of sticking with Canon is the consistency of their cameras' intuitive menu system, which is essentially the same across the entire model lineup and over many years. For amateur photographers, he recommends Canon's entry-level EOS R10, in part because, like all Canon R Series bodies, it is compatible with a wide variety of Canon lenses, a wide variety of Canon lenses, including RF-S/RF lenses, or EF/EF-S lenses using the Mount Adapter EF-EOS R.
Life at Shutter SpeedShot entirely on Canon gear, 'Life at Shutter Speed: Two Decades of Larry Chen Photography' is available for preorder now and in stores and online in June. ''Twenty years of shooting; 2,500 photos, 400 pages – It's pretty much my life's work up until this point,' said Chen.
-Paul Rogers

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Before Muscle Had a Name: These Classic V8s Wrote the First Chapter
Before Muscle Had a Name: These Classic V8s Wrote the First Chapter

Yahoo

time19 hours ago

  • Yahoo

Before Muscle Had a Name: These Classic V8s Wrote the First Chapter

It's generally agreed upon that the 1964 Pontiac GTO was the car that popularized the muscle car segment, but there were other muscle cars before it. Some say the 1949 Oldsmobile 88 was the first muscle car, and Hagerty says Jim Wangers, the man who turned the GTO into a superstar, wrote in his memoir that Chrysler built the first muscle cars. It doesn't really matter who was first: the point is that there were multiple American cars with powerful V8s long before the GTO came along. Let's look at some of the best. Obviously, we needed to focus on models produced before the 1964 Pontiac GTO. By using reputable automotive publications such as Hagerty, Hot Rod, MotorTrend, and Autoevolution, we identified classic cars that combine powerful V8 engines with performance-oriented features. These sources provided detailed specifications and historical context of pre-GTO performance cars, helping us understand how they contributed to the evolution of muscle cars. Not all the cars here are muscle cars in the traditional sense, i.e., two-door midsize models, but they were still a huge part of what was to come in the mid-1960s. The Oldsmobile Rocket 88 is often considered the first muscle car, and it's easy to understand why. Autoevolution reports that Oldsmobile built it to attract younger buyers, so they gave the lightweight midsized car a 303 V8 engine with a two-barrel carb, resulting in a respectable 135 hp and 253 lb-ft of torque. With that kind of power, the 2-door 88 would launch to 60 mph in 13 seconds and continued going until it hit its 97 mph top speed. It went on to dominate the NASCAR circuits, and people bought it in droves. Not everyone agrees that the Rocket 88 was the first muscle car! Some will say the honor should go to the 1955 Chrysler C-300, the first of the brand's letter series models. According to Curbside Classic, its name comes from the fact that its Fireflite 331 Hemi V8 produced a whopping 300 hp — even the Corvette with the small-block V8 only had 195 hp at the time. In 1955, the Chrysler C-300 was the most powerful American car money could buy, and it went on to completely dominate NASCAR that year. It would sprint from 0 to 60 mph in just 9.8 seconds, had a 130 mph top speed, and in the following years, it would only get more powerful. IndieAuto reports that the Hawk was the 1950s equivalent of a mid-sized car, and weighing in at 3,360 lbs, the V8-equipped, top-of-the-line Golden Hawk was lightweight for a car from this era. Under the hood, the Golden Hawk had a Packard 352 V8 producing 275 hp, giving it the best power-to-weight ratio of any mass-produced American car at the time. The big V8 was found to be overwhelming for the light cars, leading to mixed reviews, and MotorTrend said the tires struggled to find grip. Still, once the tires did dig in, the Studebaker Golden Hawk would reach a top speed of 120 mph. AMC didn't have the money or manpower of the Big Three, but they did have bucket loads of chutzpah and certainly deserve some credit for putting muscle cars on the map. One such car was the 1957 AMC Rebel. Packing a 255-hp 327 V8 into a midsize body, the 1957 Rebel was a formidable performer. According to Curbside Classic, it blew away the competition at the Daytona Speed Trials, proving itself as the quickest production sedan there. According to Automobile Catalog, Plymouth introduced the Fury V-800 in 1957. Unlike the other Chrysler divisions, they chose not to use a Hemi engine; instead, they opted for a 318 engine featuring a polyspherical cylinder head, as referred to by Chrysler. Still, in the Fury V-800, this mill pumped out 290 hp, making it plenty quick. The Plymouth Fury also received new styling for this year, and while it was available in different body styles, none looked as good as the big-finned, two-door version with a gold spear on its flanks. Autoevolution reports that 1957 marks the first year Chevrolet offered fuel injection on a car that wasn't the Corvette, and that honor went to the stylish Bel Air. Under the hood, it still has the Rochester Ramjet 283 mill, but it now featured a continuous flow fuel-injection system, showcasing advanced technology for the time. Whereas the standard 283 had a four-barrel carb and mustered around 220 hp, Audrain Auto Museum claims the Fuelie version produced a very respectable 283 hp. This luxury cruiser wasn't just about chrome and tailfins! The Adventurer was fast, flashy, and exclusive, giving DeSoto a halo car that could go toe-to-toe with the best from Chrysler and Dodge. One of the things that made it so good was found under the hood. As reported by Autoevolution, the DeSoto Adventurer packed a 345ci Hemi V8 with dual four-barrel carburetors, resulting in a whopping 345 hp. It was one of the first production cars to achieve one horsepower per cubic inch. All this power was sent to the rear via a three-speed automatic transmission. Today, the Adventurer is often overlooked, but it was a beast in its time. Granted, the Ford Thunderbird wasn't a muscle car; it was a "personal luxury car," but in 1958, it did receive a rear seat, and up front, it was certainly packing a punch. MotorTrend was so pleased with its stylish looks, cavernous interior (for its size), and excellent performance, they made it their Car of the Year. Speaking of performance, a 352 V8 pumped out 300 hp, and the following year, Ford even offered it with a 430 unit housing 350 wild stallions. In 1958, Dodge offered the D-500 high-performance engine option for all its models and body styles. This was Dodge's answer to the horsepower wars. As per Mecum, with the Super D-500 option box ticked, the 1958 Dodge was fitted with a 345ci V8 with dual four-barrel carbs, pushing 320+ hp. With upgraded suspension and brakes, the D-500 was more than just a straight-line machine, it could go around corners, too. A rare factory hot rod that hinted at the muscle cars to come. With all its straight lines and big fins, the 1959 Pontiac Bonneville certainly looks like a product of its era. Autoevolution reports that this full-sized behemoth was available in both coupe and convertible form for those wanting sportier looks, and a 4-door and wagon if practicality was prioritized. Under the hood, the Bonneville had a 389 V8 available with varying degrees of power depending on carburation, ranging from 215 to 345 hp. It also had a wide-track design to improve handling, and a limited-slip diff was available as an option. As reported by Autoevolution, the 1961 model year marked the debut of the third-generation Chevy Impala. Chevrolet also offered a performance package for its full-size model, which was a first for an affordable 1960s car. This Super Sport, or SS, package included chassis reinforcements, heavy-duty springs, and upgraded drum brakes. It had a four-barrel 348 V8 with 305 hp as standard, as well as an optional four-barrel version with 340 hp or a tri-power with 350 hp. Those looking for maximum performance would opt for the brand-new 409 unit with 360 ponies. The 1961 Starliner was a sleek two-door hardtop model with a fastback roofline, built to slice through the air as one of Ford's NASCAR racers. Hot Rod reports that, at the time, the Starliner 390 was the only Ford that could be ordered with an optional performance package. That package included the 390 big-block with 10.5:1 compression, a solid lifter camshaft, a special heavy-duty block, and magnafluxed crank, pistons, and connecting rods, for a total of 357 hp. Ford didn't end things there, though. Buyers could also opt for a tri-power setup, pushing the power to 401 hp. The icing on the cake? It could only be had with a four-speed manual transmission. According to Autoevolution, Pontiac's management decided to build a race car that qualified as a "stock" model for both NASCAR and NHRA racing — the Catalina Super Duty. On the outside, there wasn't much that separated it from the standard model, but looks can be deceiving. The Pontiac Catalina Super Duty was a proper race car with an aluminum front clip and drilled frame rails to reduce weight. Pop the hood, and you'll be greeted by a 421 V8 engine pushing out 405 thoroughbred American ponies. It may have been a luxury icon, but according to AutoEvolution, the Continental packed a punch with its 430-cubic-inch V8 pumping out 300 horsepower. Sure, it certainly wasn't a drag racer, but it brought torque in spades and effortless cruising power. As an added bonus, those rear-hinged doors gave it serious street presence. The Lincoln Continental packed American muscle in a tuxedo, as it was as powerful as it was classy. As stated by Curbside Classic, the Dodge Max Wedge ruled the drag strip for a couple of years, until the 426 Hemi arrived in 1964. According to Volocars, Dodge only built 55 Dart 2-door Max Wedges in 1962, making it excruciatingly rare. Seeing as Dodge built it specifically for those who wanted to go racing, it's no surprise that it packs a serious punch. While it was never a big seller, it's fair to say that the Dart Max Wedge 413 is one of the models that ushered in the 400+ hp muscle car era. Dodge wasn't the only company under the Chrysler umbrella to use the Max Wedge mill. Plymouth installed it in its mid-sized Fury model, and like the Dodge, it was a factory racer built for straight-line speed. HotRod says that, unlike the Pontiac GTO, the Max Wedge cars, while technically road-legal, were sold with the understanding that they were strictly for competition use, although many were still used on public roads. The 1962 Chevrolet Impala is one of the most popular American classics. Autoevolution reports that this was the year it received a convertible-style roof, making it an instant hit. However, we're more interested in what's hiding under the hood. A new 327 small-block was brought in to replace the 4-barrel 283, but more importantly, buyers could now spec their Impala with a massive 409 V8, producing either 380 or 409 hp, depending on the carb. Chevy also built a Lightweight model that shed 125 pounds, and thanks to dual four-barrel carburetors, new cylinder heads and pistons, its 409 V8 engine was officially rated at 425 hp. According to Hemmings, Henry Ford II was determined to build something that would dominate the competition, and the answer came in the form of the 427 V8. Of course, they just had to offer it in the full-size Galaxie flagship model. In R-Code spec, the 425 produced a whopping 425 hp, more than enough to send the big brute flying. In fact, the Galaxies secured a 1-2 finish at the 1963 Daytona 500 and even set Ford's first national record ever in NHRA Super Stock drag racing. Don't worry if you can't remember the Plymouth Savoy; most people have forgotten about it by now. But, there was one version that's worth remembering. We've mentioned the Max Wedge engine previously, but the one found under the '63 Savoy's hood turned everything up to 11. As reported by Autoevolution, when it was first introduced, the Max Wedge measured 413 cubic inches, but in 1963, it was increased to 426, the same as the famous Hemi unit that would make its debut the following year. In the Savoy, the Max Wedge produced 415 hp, and only 18 units are known to have been made. In 1963, the Impala was in its third generation, and Chevrolet introduced a high-performance version under what's known as Regular Production Option (RPO) Z11. The Impala Z11 was only available as a two-door hardtop, as it was based on the Sport Coupe version, and Car and Driver says it added nearly a third to the car's price. Under the hood, the Z11 had a 427 V8 that received multiple upgrades. The engine was based on the W-series 409 unit but had a longer stroke, a different compression ratio, a two-piece aluminum intake manifold, and dual Carter AFB carburetors. It produced 430 horsepower and 575 lb-ft of torque, making the Z11 a proper sleeper. Exterior-wise, it had aluminum body panels but not much else to hint that it was something special. The Riviera was GM's first entry into the personal luxury car market, and automotive journalists loved its sharp styling, luxurious interior, agile driving dynamics, and powerful V8 engine. As noted by Autoevolution, the Riviera name had previously been used as a trim level on the Buick Roadmaster and Super models. For 1963, the Riviera was a standalone model, and while it may have been more of a luxury car than all-out muscle, it was the perfect option for driving enthusiasts. Inside, it had bucket seats in the front and bucket-style seats in the back. Under the hood, it had a Nailhead V8 with 325 hp when it was launched, but a 425 V8 with 340 hp was made available a couple of months later. The Golden Hawk wasn't Studebaker's only performance model with a superhero-like name. In 1963, as the company neared its final days, it introduced the Super Lark. Studebaker basically took the Avanti's supercharged 289ci engine and shoehorned it into the rather boring Lark. With 290 hp, a lightweight body, a limited-slip diff, and front disc brakes, Street Muscle Mag says the Super Lark was nothing like the base model. As per How Stuff Works, Buick dusted off the Wildcat name from a series of one-off concepts from the '50s and introduced it in 1962 as a subseries of the Invicta, before the Wildcat became its own line in 1963. Under its hood was a Wildcat 455 V8, a 401-cubic-inch mill producing 325 hp, delivering impressive performance for its time. As noted by Motortrend, the Wildcat combined full-size comfort with spirited driving dynamics, making it a noteworthy precursor to the muscle car era. The 1963 Mercury Marauder, a full-size Mercury model, introduced a fastback roofline and the Marauder nameplate, which was initially a sub-model of the Monterey, Monterey Custom, and S-55 lines. It featured a variety of powerful FE V8 engines, including the 406, offered in 385 and 405 horsepower versions. While it looked conservative, the Marauder was a legitimate street and strip contender. It was also popular in NASCAR, proving its high-speed credibility as Parnelli Jones drove it to victory, as reported by How Stuff Works. Mercury later revived the Marauder name for a different, high-performance model in 2003. While the 1964 Pontiac GTO deserves endless credit for kickstarting the muscle car craze of the mid-'60s and early '70s, several models before it actually created the segment, even if they weren't called muscle cars. We've barely scraped the surface in this article, so if you feel some models were left out, let us know in the comments.

Trucking industry parts company closes; no bankruptcy revealed
Trucking industry parts company closes; no bankruptcy revealed

Miami Herald

time4 days ago

  • Miami Herald

Trucking industry parts company closes; no bankruptcy revealed

The Covid-19 pandemic had a huge impact on the automotive industry as manufacturing plants stopped making vehicles in March 2020 and slowly resumed operations in May 2020 under strict social distancing and sanitation requirements.. With a lack of inventory coming into automobile dealer showrooms, after two months of shuttered manufacturing plants, prices on the existing new vehicles increased dramatically as the supply of cars and trucks began to shrink. Don't miss the move: Subscribe to TheStreet's free daily newsletter Consumers turned to the pre-owned market, at first to purchase more reasonably priced automobiles, then out of necessity from the lack of new vehicles, until the used car market began to be impacted by high demand as well. Related: Classic auto parts company files for Chapter 11 bankruptcy The next option for consumers was to hang on to their vehicles, repair them, and keep them running. Auto parts manufacturers and retailers were able to take advantage of vehicle inventory shortages and rising car prices as the demand for auto parts for repairs increased. When interest rates spiked after the Covid 19 pandemic, however, several auto parts suppliers with huge debt obligations suffered from rising interest rates and inflation and faced financial problems. Some were forced to file for bankruptcy. Among the automotive aftermarket suppliers to file for bankruptcy was Wheel Pros, which operates as an auto parts distributor and retailer Hoonigan. The company filed for a prepackaged Chapter 11 bankruptcy on Sept. 9, 2024, to eliminate $1.2 billion in debt and provide about $570 million in new capital through an exit facility. Accuride Corp., another leading manufacturer of wheels and wheel-end products for commercial trucks and trailers, filed for Chapter 11 bankruptcy protection on Oct. 9, 2024, seeking a consensual restructuring of its debt to continue operating as a going concern. Motor vehicle parts manufacturer, Hypertech Inc., and two affiliates filed for Chapter 11 bankruptcy protection on April 11, 2025, to reorganize their businesses. The Memphis, Tenn.-based manufacturer of automotive performance electronics and components filed its petition in the U.S. Bankruptcy Court for the Middle District of Tennessee, listing $1 million to $10 million in assets and liabilities. Another huge automotive parts maker is shutting down permanently but has not filed for bankruptcy. Iconic heavy-duty truck parts remanufacturer and distributor TransAxle LLC will close all operations after 46 years in business, after failing to find a buyer for the company. Related: Iconic auto repair and tire chain closes over 100 stores The Cinnaminson, N.J.-based remanufacturer of truck drivetrain components, such as transmissions, axles, differentials, and hydraulics, will shut down its 13 locations by the end of August and lay off 209 workers, according to Worker Adjustment and Retraining Notification notices filed in several states. More closings: Popular retail chain to close unprofitable store locationsBankrupt retail chain unloads store leases, key assetPopular discount retailer files bankruptcy, closes all stores The company serves both light- and heavy-duty vehicles across all makes and models in the On Highway and Off Highway sectors. TransAxle's New Jersey WARN notice effective date period is Aug. 25, 2025, through Aug. 29, 2025, affecting 129 employees. TransAxle, at one point, was one of the largest East Coast remanufacturers and distributors of truck drivetrain components for the medium- and heavy-duty truck markets, FreightWaves reported. TransAxle was established in 1979 as a single, family-owned shop, which expanded to a nationwide, privately-owned remanufacturer with multiple locations, according to its website. The company currently operates 13 facilities in nine states, including Connecticut, Georgia, Maine, Maryland, New Jersey, New York, North Carolina, Pennsylvania, and Virginia. Related: Iconic auto repair chain franchise files Chapter 11 bankruptcy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

BROAD ARROW'S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM
BROAD ARROW'S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM

Yahoo

time5 days ago

  • Yahoo

BROAD ARROW'S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM

AUCTION SET FOR 10 OCTOBER IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK | NEW SALE ANNOUNCED ON THE HEELS OF BROAD ARROW'S SUCCESSFUL FIRST EUROPEAN AUCTION AT THE CONCORSO D'ELEGANZA VILLA D'ESTE IN PARTNERSHIP WITH BMW AG Karsten Le Blanc (left), Head of Broad Arrow's EMEA Region & Broad Arrow Capital, Koen Van Hout, CEO of Zoute Grand Prix Car Week, and Kenneth Ahn, President of Broad Arrow, at the Concorso d'Eleganza Villa d'Este Auction in May 2025 A selection of significant collector cars on display at the Zoute Concours d'Élégance 2023 on the grounds of the Royal Zoute Golf Club. 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 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 About Broad Arrow AuctionsBroad 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 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 or connect with us on Facebook, Instagram, X and LinkedIn. About Zoute Grand Prix Car WeekZoute 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 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. Attachments Karsten Le Blanc (left), Head of Broad Arrow's EMEA Region & Broad Arrow Capital, Koen Van Hout, CEO of Zoute Grand Prix Car Week, and Kenneth Ahn, President of Broad Arrow, at the Concorso d'Eleganza Villa d'Este Auction in May 2025 A selection of significant collector cars on display at the Zoute Concours d'Élégance 2023 on the grounds of the Royal Zoute Golf Club. CONTACT: Ian Kelleher Broad Arrow Auctions 917-971-4008 ikelleher@ Meghan McGrail Broad Arrow Auctions 519-365-8750 mmcgrail@ in to access your portfolio

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