Petersen Automotive Museum Gala Raises Record Funds & Includes Highest-Selling MGA In History

Sold for $115,000 during the museum's 26th Annual Gala Celebration, the 1961 MGA Outlaw marks the museum's first frame-off restoration completed entirely in house; 100 percent of the proceeds generated from the sale benefited The Petersen Automotive Museum Foundation and the Hammertime Global Education Initiative

This past Saturday on Sept. 26, 2020, the museum hosted its virtual 26th Annual Gala Celebration. During the virtual event, the museum raised a record net $1.2 million. During the festivities, the museum teased three new exhibits set to launch in October, including a new supercar display with more than 30 cars, chronicling the rise of the supercar across automotive history. The event also featured a live auction in which a 1961 MGA Outlaw restored by the museum broke records and became the highest-selling MGA in history. The proceeds generated from the sale of this vehicle and the other auction lots benefit its exhibits and the Hammertime education programs, which includes The Bruce Meyer Automotive Scholarship, which supports vocational training and internships.

'Our 26th Annual Gala Celebration was our most successful gala to date,' said Petersen Automotive Museum Executive Director Terry L. Karges. 'Each year, the gala is our largest fundraising event. The pivot to a virtual event posed some challenges, but the ongoing support from our donors, community, and our partners made it all possible. The proceeds generated will help us continue our work educating students and inspiring the next generation of car enthusiasts through The Petersen Automotive Museum Foundation and the Hammertime Global Education Initiative.'

'Digital programs for remote learning have become more important than ever,' said Petersen Automotive Museum Board Member Michael Armand Hammer. 'The Hammertime Global Education Initiative allows us to teach kids about the history and future of the automobile in a compelling and easily accessible way. We're grateful for the funds generated through this year's gala, and we can't wait to continue sharing our passion with students around the world.'

The Petersen Automotive Museum's 26th Annual Gala Celebration was an entirely digital experience for ticket holders. Highlights of the evening included an exclusive walkthrough of yet-to-launch exhibits, a live auction, and car memories from automotive celebrities.

For more information about the Petersen Automotive Museum and its exhibits, visit Petersen.org.

Photo credit: Petersen Automotive Museum
posted on conceptcarz.com

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