Barrett-Jackson Generates More Than $21 Million In Sales At 11th Annual Palm Beach Auction
The
World's Greatest Collector Car Auctions™ Attracts Nearly 55,000
Attendees Despite Weather Concerns, Reports Strong Sales Signifying that
Collector Car Market is on Steady Incline•More than $21 million in gross sales – An increase over 2012 sales•Nearly 55,000 car fans in attendance•More than $1.8 million raised for charity
Scottsdale,
Ariz. – (April 9, 2013) – Barrett-Jackson, The World's Greatest
Collector Car Auctions™, announced today that it generated more than $21
million in gross sales of rare, high-end collectible vehicles, exotics,
customs, classics, hot rods and resto-mods, during its 11th Annual Palm
Beach auction, held April 4-6, 2013 at the South Florida Fairgrounds.
Despite
severe thunderstorms, more than 55,000 car fans were in attendance to
witness the comprehensive lineup of cars at the renowned auction and
lifestyle experience. It was clear from the cheers of the standing-room
only crowd and the final sales prices that the collector car market is
continuing at a steady incline and that Barrett-Jackson retains its
stronghold within the hobby.In fact, certain market
segment sales were on-par with those from pre-recession 2007.
Specifically, American muscle car sales were strong overall, as exampled
by Lot #713 Chevrolet Chevelle SS LS6 2-Door Coupe selling for
$148,500, Lot #713.1 1969 Chevrolet Camaro Z/28 2-Door Coupe selling for
$165,000 and Lot #739 2010 Chevrolet Camaro Custom 2 Door Coupe, which
was built by Hendrick Motorsports for country superstar Brad Paisley.
Several late European Sports Cars also crossed the block and did
exceptionally well. In an effort to attract new collectors to the hobby,
Barrett-Jackson also offered by design, an introductory auction on
Thursday, for those who still wanted to get a piece of the action with a
quality lineup of cars.
Top five individual sales at the 2013 Barrett-Jackson Palm Beach auction included:
•Lot #3004 2014 Chevrolet Corvette Stingray Convertible – $1,000,000
•Lot #3006 2009 Ford F-150 King Ranch Super Crew Pickup – $350,000
•Lot #762 1968 Shelby GT500 Convertible – $330,000
•Lot #772 1970 Oldsmobile 442 Convertible – $275,000
•Lot #767 1970 Chevrolet Chevelle LS6 Convertible – $258,500
Unique
sales included the first production 2014 Chevrolet Corvette Stingray
Convertible (Lot #3004), which sold for $1 Million to Rick Hendrick, the
NASCAR team owner who also took home the first production coupe at
Barrett-Jackson Scottsdale in January. Proceeds of the sale benefitted
the Barbara Ann Karmanos Cancer Institute at Wayne State University in
Detroit, Michigan.
'We kicked off the
year strong in Scottsdale and are thrilled that our 11th year at Palm
Beach has kept that momentum going,' said Craig Jackson, Chairman and
CEO, Barrett-Jackson. 'We were able to offer a unique lineup of rare,
high-end automobiles that helped to bring out an enthusiastic crowd and
we are proud to see that the collector car hobby is going strong. We're
very pleased with the event's overall results.
'Adding to
the excitement was the attendance of several celebrities and VIPs, many
of who sold personal vehicles at Barrett-Jackson Palm Beach. Pop
sensation Rob Van Winkle, formerly known as 'Vanilla Ice', was seen
enjoying himself inside the auction tent, alongside actor James Marsden,
Charles Walsh, Partner in the Chicago Bulls and White Sox sports teams.
Ford Motor Company's Chief Operating Officer Mark Fields, American Le
Mans Series driver Ron Fellows and NHRA Top Fuel Champion Joe Amato also
enjoyed watching cars cross the auction block. In addition to selling a
car, Indianapolis Colts' wide receiver Reggie Wayne was seen actively
bidding with his family standing by his side.
In addition,
former General Motors' Vice President and current Chief Executive
Officer of Hendrick Automotive Group Jim Perkins enjoyed watching the
event, as did Wayne Huizenga Jr., businessman and former owner of the
Miami Dolphins, Florida Marlins, Florida Panthers and the current owner
of Rybovich Super Yacht Marina and Refit. Huizenga shared an emotional
moment with his wife Fonda on stage, as the couple sold Lot #768 1968
Shelby GT500 E Continuation Fastback for $148,500, which was a cherished
anniversary gift Fonda had given to her husband years earlier.
Barrett-Jackson
also helped raise more than $1.8 million for local and national
charitable organizations. Six charitable vehicles were sold during the
auction, including the 2009 Ford F-150 King Ranch Super Crew Pickup (Lot
#3006) once owned by former President George W. Bush. The truck sold
for $350,000, with proceeds benefitting the National Guard Youth
Foundation.
We're grateful for the opportunity
to help raise money for these wonderful charitable organizations and we
are so proud of the contributions by our sponsors, fans, bidders,
consignors and other supporters,' said Barrett-Jackson President, Steve
Davis. 'We're now looking ahead to our next auction, the inaugural Hot
August Nights Auction Presented by Barrett-Jackson and we couldn't be
more excited.
'SPEED and FOX Sports Networks broadcasted
more than 18 hours of live, high-definition TV coverage of the
Barrett-Jackson Palm Beach auction.
Consignments are now
available for Barrett-Jackson's upcoming Inaugural 2013 Reno Tahoe and
6th Annual Las Vegas events. For more information, please visit
http://www.barrett-jackson.com/consign/. For more information about
Barrett-Jackson or to purchase tickets, visit
http://www.barrett-jackson.com or call (480) 421-6694.
About The Barrett-Jackson Auction Company
Established
in 1971 and headquartered in Scottsdale, Ariz., Barrett-Jackson
specializes in providing products and services to classic and collector
car owners, astute collectors and automotive enthusiasts around the
world. The company produces 'The World's Greatest Collector Car
Auctions™' in Scottsdale, Ariz., Palm Beach, Fla., Las Vegas, Nev. and
Reno Tahoe, Nev. Barrett-Jackson also endorses a one-of-a-kind collector
car insurance offering for collector vehicles and other valued
belongings. For more information about Barrett-Jackson, visit
http://www.barrett-jackson.com or call (480) 421-6694.
Source: Internet