For Immediate Release
Effective July 26th 2024, Luxury Brokers International Ltd. DBA LBI Limited will continue operations under the sole ownership of Andrew Mastin, one of the company’s original founders. Adolfo Massari, LBI’s Co-Founder & President along with Keith Koscak, LBI Partner and head of LBI’s Pontiac Operations since 2016, will be departing after a long tenure with the company. Adolfo Massari and Keith Koscak look to continue their lifelong passion in the collector car world by co-founding and launching a new venture, to debut fall of 2024.
Since June of 2020 the founders of LBI Limited have had differing visions as to the future of the company and its overall mission and purpose. LBI Limited became known since its founding in 2009 for honest, transparent and high-touch sales of collector automobiles. Whereby $100M+ of some of the world’s most interesting and special automobiles have exchanged hands under the LBI Limited brand. LBI Limited will continue this tradition in line with its new mission and purpose – to be of public benefit by offering a spectrum of equitable opportunity within the supply chain of bringing vehicles to market. This new platform will be achieved through a combination of carefully crafted policy, proprietary technology and socially forward initiatives, enabling LBI to scale operations globally through its well established Specialist network to continue its long standing tradition of offering a diverse range of quality, special interest vehicles.
Headquartered in Pontiac, MI, Adolfo and Keith’s new endeavor will also have a location in the Greater Philadelphia area as well as having a nationwide network of team members that will focus on offering select collector grade European sports cars, race cars and concours quality vehicles. Their new company will combine the team member’s 70+ years of experience in the industry and will focus on providing a transparent selling process combined with industry leading marketing and advertising. Their new company, its Founders and Team Members will focus on providing a trusted platform to transact in investment grade vehicles while expanding into new ventures within the collector car world but most importantly placing an emphasis on integrity and innovation.
We collectively look forward to what the future holds and we all wish continued success for both LBI Limited & Adolfo and Keith’s new venture.
Sincerely,
Andrew Mastin, Adolfo Massari, & Keith Koscak