The auction was scheduled to continue today in Scottsdale. Barrett-Jackson Las Vegas tops $30 million in sales and raises $865,000 for charity, Latest Vintage Motorsport celebrates a century of the 24 Hours of Le Mans, Formula Vee celebrates 60-year anniversary at Lime Rock Park, New A.J. The controversial Tucker convertible was a no-sale at Russo and Steele's Scottsdale auction Sunday night. Check. 1. 1965 Jaguar E-Type SI 4.2 Roadster sold for $242,000 I believe that the White Montreal at the January 14-18 Russo & Steele auction sold after the sale for $85,000. 849/1,378 lots sold: 62% sell-through rate Event Russo and Steele - Scottsdale 2020 on January 11-14, 2020. 5. "Going headlong into the fog, we executed an auction in Monterrey the same . 1. .css-8jmng2{display:block;font-family:FixtureSemiBold,Georgia,Times,Serif;font-weight:normal;margin-bottom:0.625rem;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-8jmng2:hover{color:link-hover;}}@media(min-width: 20rem){.css-8jmng2{font-size:1rem;line-height:1.1;}}@media(min-width: 61.25rem){.css-8jmng2{font-size:1.125rem;line-height:1.1;}}@media(min-width: 64rem){.css-8jmng2{font-size:1.125rem;line-height:1.1;}}Japanese Buyers Can Get an LC 500 With Dive Planes, NHTSA Tells Automakers to Ignore Massachusetts Law, You Can Now Buy a 2.3-Liter Block for Your Evo, Vettel Will Drive Red Bull F1 Car on Nrburgring, Chevy Building 300 Camaro ZL1 Collector Editions, Mercedes-Benz One-Eleven Concept Is a Modern C111, BMW's Manual Transmission Dies With the Current M2, Toyota Developing a Performance EV with a Manual, Watch the BMW XM Hit Its Top Speed on the Autobahn. As an auction house, Russo and Steele is on their way out for 2 main reasons 1) customer service and 2 . Day 2. Russo and Steele 4. Arizona Manufacturing: Its Evolution is Economic Prosperity. When you purchase through links on our site, we may earn an affiliate commission, which supports our community. 3/4/2021 - 3/7/2021. Foyt documentary to debut July 17 at USAC, "More Than Just American Muscle" exhibit opens at Audrain Automobile Museum, RM Sotheby's tops $20 million at race-centric Le Mans Centenary Auction, Photos: Historic Trans Am joins NASCAR's Sonoma Weekend, Broad Arrow tops $20m in sales at latest Porsche 75th Anniversary Auction, RM Sotheby's unveils the ultimate 'barn find' featuring 20 Ferraris. Russo and Steele has canceled this year's collector car auction at Amelia Island, Florida, that was to take place during the busy week leading up to the Amelia Island Concours d'Elegance, the auction company has announced.. Every asset was bought and paid for. 8. 1958 Ferrari 250 GT Ellena Coupe sold for $621,000 1967 Oldsmobile Toronado Mannix Roadster sold for $101,200, 2018 Cumulative Results Russo & Steele 21st Annual Auto Auction At Fisherman's Wharf For For additional information, please visit www.russoandsteele.com or call 602.252.2697. 1965 Aston Martin DB5 Saloon Bond Car sold for $6,385,000 (RM Sothebys) 3. You now must sell the vehicle, pay the capital gains, sales tax on another vehicle. Data. 5 collector car auctions in metro Phoenix gear up for Arizona Car Week 5. 3. Seven of the eight auction companies have now begun (or finished) their auctions. 2. Both Russo & Steele and Leake did not return to Scottsdale after the pandemic, while Gooding & Company and Worldwide Auctioneers are not hosting sales in Scottsdale this year. Appreciation is still evident in his voice even now, nearly five years later, as he says, It was gratifying to have the clients support. The situation had the potential to be catastrophic but we took the hits and kept standing, like a Rocky Balboa movie. And, he says, Were stronger as a result., An important part of the business is building long-term relationships with contractors, sponsors and clients, which is a two-way street. This year, the Russo and Steele auction will take place at the North Scottsdale address located at 18601 N. Scottsdale Road, The location is located close to Loop 101 Freeway and Scottsdale Road. 7. Feb 5, 2015. 1935 Auburn 851 Supercharged Speedster sold for $742,500 MONTEREY, Calif. The Russo and Steele Collector Automobile Auction returns to Monterey August 11-13, 2021. We bring you all the latest from the world of vintage and classic cars each week. How can you not even comment on the RM Sothebys Type 64 debacle? In building the company, CEO Drew Alcazar says he and his wife, Josephine, were very conservative in managing finances. That lawsuit was filed on June 10 in Maricopa County (Arizona) Superior Court. This date is predicted, not officially announced. Russo And Steele Collector Car Auction To Return to Downtown Monterey 279/589 lots sold: 47% sell-through rate [1] [2] The company specializes in the sale of European sports cars, American muscle cars, hot rods and customs. RUSSO AND STEELE - 39 Reviews - 7722 E Gray Rd, Scottsdale - Yelp USA. Sign up for your FREE OldCarsWeekly.com email newsletter. The staff was very helpful and professional, did all dealings over the phone. Alcazar maintains the same type of environment for all auctions, describing it as being like a traveling Cirque du Soleil. The Newport Beach auction takes place in the Back Bay area overlooking the Pacific Ocean. 1994 McLaren F1 LM spec Coupe sold for $19,805,000 Your use of this website constitutes acceptance of our Privacy Policy and Terms & Conditions. $41,320. 2017 Ferrari F12tdf Coupe sold for $907,000 In addition to its reputation for offering stellar collector automobiles, the unique high-energy auction experience is simply unattainable anywhere else. 7. The reserve was rumored to be $1.5 million. This date is predicted, not officially announced. 1965 Ferrari 330 GT 2+2 Shark Nose $225,500 As part of the automotive industry's safe return to live, lifestyle events, this auction is among an elite list that contributes to Monterey's Historic Car Week. Make Your Nineties Supercar Dreams Come True With This 36-Mile Dodge Viper, Snake Bitten: Driving the 1992 Dodge Viper, Dodge Viper Buyer's Guide: What You Need to Know, What Made the Dodge Viper the Most Dangerous, Japanese Buyers Can Get an LC 500 With Dive Planes, is set to be auctioned by Russo and Steele, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Racer Media & Marketing, Inc., 17030 Red Hill Avenue, Irvine, CA 92614, 949.417.6700 2005 Ford GT $341,000 1. Average Sale Price: $784,107, Overall Top 10 Sales: 110/135 lots sold: 81% sell-through rate Website Design and Digital Marketing by Noble Studios. 2014 Pagani Huayra Tempesta Coupe sold for $2,040,000 With all these statistics signaling a slumping market, the question will be whether this is felt in the broader market or be isolated to this weeks sales. 1967 Ferrari 330 GTC $429,000.00 1951 Ferrari 340 America Berlinetta sold for $3,635,000 1970 Ford Mustang Boss 429 SportsRoof sold for $165,000 1970 Dodge Hemi Challenger R/T SE $198,000.00 3. 9. 4. I will turn down cars that do not fit our niche market, and refer them to other auctions.. Side-exit exhaust pipes? Outside of Monterey, seven- and eight-figure cars at auction have had a sell-through rate of 55 percent during the first seven months of 2019. 1969 Ford Mustang Jack Morris Custom $161,000.00. 2. 4. The move in October to 30,000 square feet of office in Scottsdale underscores the success of CEO Drew Alcazars philosophy for the Russo and Steele collector automobile auctions, which was to concentrate on creating a close-knit, emotional environment for collector car enthusiasts. 5. There will also be fewer vehicles, with an expected 2,400 vehicles consigned. 3. Notes. We use cookies to help us improve, promote, and protect our services. However, that had been auction house Russo and Steele's Scottsdale home from 2017-19. 1. Average Sale Price: $1,263,456, Cumulative Total through Saturday: $73.2M Being able to show your collection and see others is kind of a big deal and there was not much of that going on thanks to the pandemic. Our calendar covers events taking place in Carmel, Carmel Valley, Monterey, Pebble Beach, Pacific Grove and . Benchmark Classics was the original restorer of the 1948 Tucker Convertible, so is intimately familiar with the automobile and its restoration needs. JavaScript is disabled. 1958 Chevrolet Bel Air. 6. The auction company's . Not only does this represent a real and safe return to the collector car lifestyle that we all love so much, but the incredible selection of collectible automobiles we are unveiling this year are sure to dazzle every type of auto-enthusiast.. 9. This year, we didnt rely on a multitude of multi-million dollar and/or high profile celebrity type cars with stories attached, yet we still produced positive numbers universally across the board, which is something only Russo and Steele achieved during this years events.. Russo and Steele (@RussoandSteele) / Twitter The controversial Tucker convertible was a no-sale at Russo and Steele's Scottsdale auction Sunday night. Products; Contact; Cart; Home. Russo and Steele - Scottsdale 2020 | Auction Talk See all 25 for: Thursday, August 17 2023 . AUCTION UPDATE: This 2010 Ferrari P4 Rod Tempero Professional replica race car is up for auction by Russo & Steel Consignment #: 8256. This 1992 Dodge Viper has been driven just 36 miles since it rolled off the factory line 30 years ago, and now, it's coming up for auction. 3. 4. 1934 Duesenberg Model J Brunn Torpedo Phaeton sold for $478,000, 2018 Results through Friday Average Sale Price: $167,267, [Source: Hagerty; photo: Jensen Sutta | Gooding & Company]. The company that Drew and Josephine Alcazar started on an eight-foot table in a back room of their house now employs 24 full-time staff, and that grows to hundreds for each event. Context. A 1936 Crocker Small Tank sold for $825,000 to become the most expensive Crocker ever sold at auction and the third most expensive motorcycle ever sold at auction. Other notable results included the last-of-the-breed, 25th Anniversary edition 1990 Lamborghini Countach that sold for $275,000, a 1970 Oldsmobile 442 W-30 Convertible at $308,000, the 1963 Ferrari 250 GTE 2+2 the hammered for $324,500 and a 1988 Ferrari Testarossa that fetched $181,500. 10. Russo and Steele, AZ - Upcoming Auctions & Past Catalogs - LiveAuctioneers 2017 FORD GT Russo and Steele - Scottsdale 2020 January 11, 2020 . Russo and Steele staged its 12th annual Sports and Muscle in Scottsdale auction on January 18-22, 2012 in Arizona, resulting in more than $20 million in sales and a 71% sell-through rate. Barrett-Jackson remains the anchor, and they're joined by RM Sotheby's, Bonhams, and MAG (Motorsport Auction Group). Our friends at Hagerty exhaustively covered the myriad of auctions held during the Monterey Car Week 2019, from Bonhams, Gooding and Company, Mecum, RM Sothebys, Russo and Steele and Worldwide. The Russo and Steele Collector Automobile Auction is celebrating its 20th anniversary in Scottsdale this year. 1958 Ferrari 250 California LWB Spider (closed headlight) sold for $9,905,000 General admission is $30 each day. Russo and Steele Scottsdale 2016 Top Ten Auction Results, 1. This would have been the second year for the Russo and Steele auction, which was set for March 5-6 at the Fernandina Beach Municipal Airport where the sale was held in . Every asset was bought and paid for. Other record auction results at the 2012 sale included the 1967 Ferrari 330 GTC at $429,000, the 1967 Chevrolet Camaro Convertible that brought $357,500, the 1937 Mercedes-Benz 230A for $159,500 and the 1971 Oldsmobile 442 W-30 Convertible that sold for $132,000. News, auctions, events, vintage racing and more. . Monterey Car Week 2022 Preview & Event Calendar 2. Motorcycles were another bright spot, with several record prices in this segment. 1968 Chevrolet L-88 Corvette Roadster $687,500.00 First day of the Russo and Steele Monterey auction 2023 Active Interest Media All Rights Reserved. By using Visit Newport Beach you accept our use of cookies. Bidding reached $1.4 million on the one-off Tucker, but car owner Justin Cole apparently was unwilling to lift the reserve and the sale stalled.
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