Barrett-Jackson
Encyclopedia
Established in 1971 and headquartered in Scottsdale, Arizona
, Barrett-Jackson Collector Car Auction provides products and services to classic and collector car owners, collectors and automotive enthusiasts. The company produces the “World’s Greatest Collector Car Events” in Scottsdale, Palm Beach, Florida
, Orange County, California
and Las Vegas, Nevada
.
. Jackson met Barrett through an interest in Barrett's 1933 Cadillac
V-16 Town Car. In 1967, Barrett and Jackson presented a car show called "Fiesta del Auto Elegance", a fund-raiser for local charities, including the Scottsdale Library. Then, in 1971, the two jointly presented a classic car auction. Barrett's Mercedes 770 Phaeton sold for $153,000 at this event.
The first auction in Scottsdale, Arizona was in January 1973 and was put on by Kruse. Tom Barrett and Russ Jackson consigned about 40 cars to this annual car auction and was a Kruse auction until 1980, when they broke ties with the Kruse company and started their own annual Scottsdale auction.
Russ Jackson died in 1993, and Tom Barrett died in April, 2004. Craig Jackson, who had worked actively on a daily basis throughout the year and on-site at the event, took over. Internet live bidding was introduced that year.
Starting at the 3rd annual Palm Beach
auction in 2005, the show was renamed from "Barrett-Jackson Classic Car Auction" to "Barrett-Jackson Collector Car Auction", followed by the name change in the Scottsdale, Arizona auction in 2006.
Beginning in 2008, the auction also takes place in Las Vegas
.
Beginning in 2010, the auction also takes place in Orange County, California
.
The auction has also became a place for American car manufacturers to sell the first production vehicles of a given model and generation combination, in charity format.
The Saturday auction is commonly known as 'Shatterday', referring to the frequent record breaking sales happened during that day.
Many celebrities have attended the event, putting their own possessions up for auction. They included Sammy Hagar
, Michael Anthony, Jay Leno
, Alice Cooper
, Billy Corgan
of the former Smashing Pumpkins, baseball players Reggie Jackson
and Randy Johnson
, DMX
, Carroll Shelby
, Bill Goldberg
, Tony Stewart
, and motorcycle customizer Jesse James.
, where the event has been held since 1989. The Speed Channel
has been providing TV coverage of the Barrett-Jackson auction since 1993. At the 39th annual Scottsdale auction, 40 hours of auction bidding was aired live on SPEED.
has been providing TV coverage of the Palm Beach Barrett-Jackson auction since 2002. At the 7th annual Palm Beach auction, 23 hours of auction bidding was aired live on SPEED.
, The National MS Foundation, The Carroll Shelby Children’s Foundation, The Armed Forces Foundation, The Hendrick Marrow Foundation, MLB Charities, The Boy Scouts of America, the EAA Young Eagles, and St. Jude's.
, Sports Car Market
, AutoWeek
, Fortune Magazine, New York Times, USA Today
, MotorTrend and many more.
started live broadcasting the auction since 1997, produced by Lingner Group Productions, Inc. In addition, there are derivative programs based on the auction.
During auction broadcast, SPEED Channel also offers Hagerty
Fantasy Bid, a game where viewers seek to closely match the price of the upcoming fantasy car without going over, before the actual bidding. Tie breakers are determined by the time of the bids. Points and prizes are awarded to individual car winners, daily winner, and auction winner.
Merchandise and apparel continues to be the anchor of Barrett-Jackson's licensing program. Apparel, novelties, die cast automobiles are offered.
and a former member of Speed Channel's on-air commentary team for the auction, was ejected from the auction by Barrett-Jackson. At the time Martin was ejected, Sports Car Market had run unfavorable editorials about the state of the collector car industry and whether some cars were worth the high dollars being spent on them but not mentioning Barrett-Jackson or any other firm by name. and during the auction Martin allegedly made comments about company business practices and the quality of cars sold; according to Barrett-Jackson, he told people in the media center to leave B-J and attend the auction of a competitor. He was also dropped as a SPEED TV network commentator, at the request of Barrett-Jackson.
Scottsdale, Arizona
Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, adjacent to Phoenix. According to the U.S. Census Bureau, as of 2010 the population of the city was 217,385...
, Barrett-Jackson Collector Car Auction provides products and services to classic and collector car owners, collectors and automotive enthusiasts. The company produces the “World’s Greatest Collector Car Events” in Scottsdale, Palm Beach, Florida
Palm Beach, Florida
The Town of Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth...
, Orange County, California
Orange County, California
Orange County is a county in the U.S. state of California. Its county seat is Santa Ana. As of the 2010 census, its population was 3,010,232, up from 2,846,293 at the 2000 census, making it the third most populous county in California, behind Los Angeles County and San Diego County...
and Las Vegas, Nevada
Las Vegas, Nevada
Las Vegas is the most populous city in the U.S. state of Nevada and is also the county seat of Clark County, Nevada. Las Vegas is an internationally renowned major resort city for gambling, shopping, and fine dining. The city bills itself as The Entertainment Capital of the World, and is famous...
.
History
Russ Jackson and Tom Barrett organized the original auction at Scottsdale, ArizonaScottsdale, Arizona
Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, adjacent to Phoenix. According to the U.S. Census Bureau, as of 2010 the population of the city was 217,385...
. Jackson met Barrett through an interest in Barrett's 1933 Cadillac
Cadillac
Cadillac is an American luxury vehicle marque owned by General Motors . Cadillac vehicles are sold in over 50 countries and territories, but mostly in North America. Cadillac is currently the second oldest American automobile manufacturer behind fellow GM marque Buick and is among the oldest...
V-16 Town Car. In 1967, Barrett and Jackson presented a car show called "Fiesta del Auto Elegance", a fund-raiser for local charities, including the Scottsdale Library. Then, in 1971, the two jointly presented a classic car auction. Barrett's Mercedes 770 Phaeton sold for $153,000 at this event.
The first auction in Scottsdale, Arizona was in January 1973 and was put on by Kruse. Tom Barrett and Russ Jackson consigned about 40 cars to this annual car auction and was a Kruse auction until 1980, when they broke ties with the Kruse company and started their own annual Scottsdale auction.
Russ Jackson died in 1993, and Tom Barrett died in April, 2004. Craig Jackson, who had worked actively on a daily basis throughout the year and on-site at the event, took over. Internet live bidding was introduced that year.
Starting at the 3rd annual Palm Beach
Palm Beach, Florida
The Town of Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth...
auction in 2005, the show was renamed from "Barrett-Jackson Classic Car Auction" to "Barrett-Jackson Collector Car Auction", followed by the name change in the Scottsdale, Arizona auction in 2006.
Beginning in 2008, the auction also takes place in Las Vegas
Las Vegas Strip
The Las Vegas Strip is an approximately stretch of Las Vegas Boulevard in Clark County, Nevada; adjacent to, but outside the city limits of Las Vegas proper. The Strip lies within the unincorporated townships of Paradise and Winchester...
.
Beginning in 2010, the auction also takes place in Orange County, California
Orange County, California
Orange County is a county in the U.S. state of California. Its county seat is Santa Ana. As of the 2010 census, its population was 3,010,232, up from 2,846,293 at the 2000 census, making it the third most populous county in California, behind Los Angeles County and San Diego County...
.
Auction
Although it is labeled as an automobile auction, other items including trucks, motorcycles, airplanes, and engines are sold at the auction. Starting in 2007, the auction also sold boats, rock and roll memorabilia, and other items.The auction has also became a place for American car manufacturers to sell the first production vehicles of a given model and generation combination, in charity format.
The Saturday auction is commonly known as 'Shatterday', referring to the frequent record breaking sales happened during that day.
Many celebrities have attended the event, putting their own possessions up for auction. They included Sammy Hagar
Sammy Hagar
Sam Roy "Sammy" Hagar , also known as The Red Rocker, is an American rock singer, guitarist, and songwriter. Also sings Country Music....
, Michael Anthony, Jay Leno
Jay Leno
James Douglas Muir "Jay" Leno is an American stand-up comedian and television host.From 1992 to 2009, Leno was the host of NBC's The Tonight Show with Jay Leno. Beginning in September 2009, Leno started a primetime talk show, titled The Jay Leno Show, which aired weeknights at 10:00 p.m. ,...
, Alice Cooper
Alice Cooper
Alice Cooper is an American rock singer, songwriter and musician whose career spans more than four decades...
, Billy Corgan
Billy Corgan
William Patrick "Billy" Corgan, Jr. is an American singer, songwriter, guitarist and occasional poet best known as the frontman and sole permanent member of The Smashing Pumpkins. Formed by Corgan and guitarist James Iha in Chicago, Illinois in 1987, the band quickly gained steam with the...
of the former Smashing Pumpkins, baseball players Reggie Jackson
Reggie Jackson
Reginald Martinez "Reggie" Jackson , nicknamed "Mr. October" for his clutch hitting in the postseason with the New York Yankees, is a former American Major League Baseball right fielder. During a 21-year baseball career, he played from 1967-1987 for four different teams. Jackson currently serves as...
and Randy Johnson
Randy Johnson
Randall David Johnson , nicknamed "The Big Unit", is a former Major League Baseball left-handed pitcher. During a 22-year career, he pitched for six different teams....
, DMX
DMX (rapper)
Earl Simmons , better known by his stage name DMX, is a multiplatinum American rapper and actor who rose to fame in the late 1990s. His stage name pays tribute to the Oberheim DMX drum machine, an instrument he used when he made his own rap beats in the 80's...
, Carroll Shelby
Carroll Shelby
Carroll Hall Shelby is an American retired automotive designer and racing driver. He is most well known for making Mustangs for Ford Motor Company known as Mustang Cobras which he has done since 1965...
, Bill Goldberg
Bill Goldberg
Goldberg earned a scholarship to play for the University of Georgia Bulldogs football team where he served as a defensive tackle. He was taken in the 11th round, with the 302nd overall selection, in the 1990 NFL Draft....
, Tony Stewart
Tony Stewart
Anthony Wayne "Tony" Stewart is an American auto racing driver and owner. Throughout his racing career, Stewart has won titles in Indy cars and stock cars as well as midget, sprint and USAC Silver Crown cars, giving him the recognition of "one of the finest racers of his generation."Stewart...
, and motorcycle customizer Jesse James.
Commissions
Organizer charges premium over final bidding cost from successful bidder and consignor for any item.| Year | On-site Buyer | Absentee Buyer | On-site Automobilia Buyer | Absentee Automobilia Buyer |
|---|---|---|---|---|
| ?-2006 | 8% | 12% | 15% | 17% |
| 2007- | 10% | 12% | 15% | 17% |
| Year | Consignor |
|---|---|
| ?-2010 | 8% |
Scottsdale, Arizona
Over the past 39 years, the Barrett-Jackson Scottsdale auction has grown to eight days, including six days of auction, approximately 1000 vehicles, nightlife, fashion shows, drifting, ride ‘n drives, and demonstrations. For the past five years, Barrett-Jackson drew over 200,000 spectators at WestWorldWestWorld
WestWorld of Scottsdale, popularly shortened to WestWorld, is a sports and convention complex located in Scottsdale, Arizona. It was built in stages starting in 1987 and consists of the following facilities:...
, where the event has been held since 1989. The Speed Channel
SPEED Channel
Speed , is a cable and satellite television network broadcast to various parts of North America, but primarily the United States...
has been providing TV coverage of the Barrett-Jackson auction since 1993. At the 39th annual Scottsdale auction, 40 hours of auction bidding was aired live on SPEED.
Scottsdale Top Auction Sales
| Auction Year | Lot Number | Vehicle | Price (in US dollars, including buyer premium, except charity vehicles) |
|---|---|---|---|
| 2007 | 1301 | 1966 Shelby Cobra 427 “Super Snake” | $5,000,000 |
| 2006 | 1307 | 1950 General Motors Futurliner Futurliner The GM Futurliners were a group of stylized buses designed in the 1940s by Harley Earl for General Motors. They were used in GM's Parade of Progress, which traveled the United States exhibiting new cars and technology. The Futurliners were used from 1940 to 1941 and again from 1953 to 1956... "Parade of Progress" tour bus |
$4,000,000 |
| 2005 | 992 | 1954 Oldsmobile Oldsmobile Oldsmobile was a brand of American automobile produced for most of its existence by General Motors. It was founded by Ransom E. Olds in 1897. In its 107-year history, it produced 35.2 million cars, including at least 14 million built at its Lansing, Michigan factory... F-88 concept car |
$3,000,000 |
| 2006 | 1304 | 1954 Pontiac Pontiac Pontiac was an automobile brand that was established in 1926 as a companion make for General Motors' Oakland. Quickly overtaking its parent in popularity, it supplanted the Oakland brand entirely by 1933 and, for most of its life, became a companion make for Chevrolet. Pontiac was sold in the... Bonneville special Motorama concept car |
$2,800,000 |
| 2006 | 1309 | 1970 Plymouth Plymouth Plymouth is a city and unitary authority area on the coast of Devon, England, about south-west of London. It is built between the mouths of the rivers Plym to the east and Tamar to the west, where they join Plymouth Sound... Hemi ‘Cuda 2 door convertible |
$2,160,000 |
| 2008 | 1304 | 1963 Chevrolet Chevrolet Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918... Corvette coupe “Rondine” concept car |
$1,760,000 |
| 2006 | 1287 | 1970 Chevrolet Chevrolet Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918... Chevelle LS6 convertible |
$1,242,000 |
| 2006 | 1306 | 1952 Chrysler Chrysler Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925.... d’elegance 2 door hardtop |
$1,188,000 |
| 2006 | 1311 | 1953 Chevrolet Chevrolet Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918... Corvette “#003” convertible |
$1,080,000 |
| 2007 | 1304 | 1954 Dodge Dodge Dodge is a United States-based brand of automobiles, minivans, and sport utility vehicles, manufactured and marketed by Chrysler Group LLC in more than 60 different countries and territories worldwide.... Firearrow II convertible concept car |
$1,100,000 |
| 2007 | 1304.1 | 1954 Dodge Dodge Dodge is a United States-based brand of automobiles, minivans, and sport utility vehicles, manufactured and marketed by Chrysler Group LLC in more than 60 different countries and territories worldwide.... Firearrow IV convertible concept car |
$1,100,000 |
| 2008 | 1311 | 1928 Duesenberg Duesenberg Duesenberg was an Auburn, Indiana based American luxury automobile company active in various forms from 1913 to 1937, most famous for its high-quality passenger cars and record-breaking racing cars.-History:... J Dual Cowl Phaeton Phaeton body A Phaeton is a style of open car or carriage without proper weather protection for passengers. Use of this name for automobiles was limited to North America or its products.... |
$1,100,000 |
| 2009 | 1307 | 1929 Ford 4-AT-E Tri-Motor Airplane | $1,100,000 |
| 2007 | 1281 | 1993 Hummer Hummer Hummer was a brand of trucks and SUVs, first marketed in 1992 when AM General began selling a civilian version of the M998 Humvee. In 1998, General Motors purchased the brand name and marketed three vehicles: the original Hummer H1, based on the Humvee; and the H2 and H3 models that were... H1 “CNN’s Warrior One” |
$1,000,000 |
| 2008 | 1316 | 2009 Chevrolet Chevrolet Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918... Corvette ZR-1 coupe |
$1,000,000 |
Palm Beach, Florida
In 2003, Barrett-Jackson expanded its auction by adding a second annual event in Palm Beach, Florida. The auction has draws over 50,000 visitors, and approximately 500 vehicles cross the auction block each spring. The event is held at the Americraft Expo Center at the South Florida Fairgrounds and includes three days of auction, ride 'n drives, demonstrations, sponsors, vendors and more. The Speed ChannelSPEED Channel
Speed , is a cable and satellite television network broadcast to various parts of North America, but primarily the United States...
has been providing TV coverage of the Palm Beach Barrett-Jackson auction since 2002. At the 7th annual Palm Beach auction, 23 hours of auction bidding was aired live on SPEED.
Palm Beach Top Auction Sales
| Auction Year | Lot Number | Vehicle | Price (in US dollars, including buyer premium, except charity vehicles) |
|---|---|---|---|
| 2006 | 723 | 1947 Bentley Bentley Bentley Motors Limited is a British manufacturer of automobiles founded on 18 January 1919 by Walter Owen Bentley known as W.O. Bentley or just "W O". Bentley had been previously known for his range of rotary aero-engines in World War I, the most famous being the Bentley BR1 as used in later... Mark VI Coachworks by Franay |
$1,760,000 |
| 2005 | 378 | 1953 Buick Buick Buick is a premium brand of General Motors . Buick models are sold in the United States, Canada, Mexico, China, Taiwan, and Israel, with China being its largest market. Buick holds the distinction as the oldest active American make... Roadmaster “Howard Hughes” |
$1,650,000 |
| 2006 | 5001 | 2005 Ford GT coupe | $530,000 |
| 2005 | 375 | 1968 Shelby Shelby Mustang The Shelby Mustang is a high performance variant of the Ford Mustang which was built by Shelby American from 1965 through 1970. Following the introduction of the fifth generation Ford Mustang, the Shelby nameplate was revived in 2007 for new high performance versions of the Mustang.- 1965–1966 :The... GT500 E convertible |
$561,000 |
| 2009 | 369.1 | 1969 Chevrolet Chevrolet Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918... Camaro RS custom “Project American Heroes” |
$500,000 |
| 2006 | 724 | 1939 Bentley Bentley Bentley Motors Limited is a British manufacturer of automobiles founded on 18 January 1919 by Walter Owen Bentley known as W.O. Bentley or just "W O". Bentley had been previously known for his range of rotary aero-engines in World War I, the most famous being the Bentley BR1 as used in later... Royale Custom |
$407,000 |
| 2006 | 703.1 | 1953 Buick Buick Buick is a premium brand of General Motors . Buick models are sold in the United States, Canada, Mexico, China, Taiwan, and Israel, with China being its largest market. Buick holds the distinction as the oldest active American make... Skylark convertible |
$390,500 |
| 2006 | 723.1 | 1931 Bentley Bentley Bentley Motors Limited is a British manufacturer of automobiles founded on 18 January 1919 by Walter Owen Bentley known as W.O. Bentley or just "W O". Bentley had been previously known for his range of rotary aero-engines in World War I, the most famous being the Bentley BR1 as used in later... Aero coupe hot rod |
$385,000 |
Las Vegas, Nevada
In 2008, Barrett-Jackson added a Las Vegas event at the Mandalay Bay Resort & Casino. The inaugural Las Vegas attracted an eclectic crop of 533 collector vehicles, over 50,000 attendants and nearly $30 million in total sales over 3 days. Over 16 hours of live coverage was broadcast on SPEED TV. In 2009, the second annual Barrett-Jackson Las Vegas event welcomed over 51,000 guests and over $23 million in total sales for 428 vehicles. SPEED captured 19 hours of high-definition coverage.Las Vegas Top Auction Sales
| Auction Year | Lot Number | Vehicle | Price (in US dollars, including buyer premium, except charity vehicles) |
|---|---|---|---|
| 2010 | 6580 | 2008 Bugatti Veyron Bugatti Veyron The Bugatti Veyron EB 16.4 is a mid-engined grand touring car. The Super Sport version is the fastest road-legal production car in the world, with a top speed of . The original version has a top speed of... Supercar |
$770,000 |
| 2011 | 6400 | 1964 Ford Fairlane 2 Door Hardtop | $700,000 |
| 2011 | 675 | 2009 Mosler Raptor Prototype | $264,000 |
| 2008 | 805.1 | 2003 Saleen Saleen Saleen, Incorporated, commonly known as Saleen, was an American manufacturer of high-performance sports cars and high-performance automotive parts in Troy, Michigan, formerly based in Irvine, California... S7 2 door coupe |
$260,700 |
| 2008 | 674.3 | 2012 Chevrolet ZL1 Camaro | $250,000 |
| 2008 | 803.1 | 1969 Ford Mustang Ford Mustang The Ford Mustang is an automobile manufactured by the Ford Motor Company. It was initially based on the second generation North American Ford Falcon, a compact car. Introduced early on April 17, 1964, as a "1964½" model, the 1965 Mustang was the automaker's most successful launch since the Model A... Boss 429 fastback |
$214,500 |
| 2008 | 812 | 1962 Lincoln Continental Lincoln Continental The Lincoln Continental is an automobile which was produced by the Lincoln division of Ford Motor Company from 1939 to 1948 and again from 1956 to 2002... 4 door sedan “John F Kennedy’s” |
|
| 2008 | 801 | 1938 Packard Packard Packard was an American luxury-type automobile marque built by the Packard Motor Car Company of Detroit, Michigan, and later by the Studebaker-Packard Corporation of South Bend, Indiana... Victoria 2 door convertible |
$209,000 |
Charitable Involvement
Charity fundraising has been part of Barrett-Jackson since its foundation. Since 2006, Barrett-Jackson has helped raise more than $20 million. In 2008 alone, Barrett-Jackson raised nearly $7 million at the three annual events. 2009 started off with $4.4 million at Scottsdale’s auction and over $1.5 million in Palm Beach. Some of the charities that have benefited from Barrett-Jackson are The ChildHelp Foundation, The Darryl Gwynn Foundation, Juvenile Diabetes Research FoundationJuvenile Diabetes Research Foundation
JDRF is the leading global organization focused on type 1 diabetes research. Driven by volunteers connected to children, adolescents, and adults with this disease, JDRF is the largest charitable supporter of T1D research...
, The National MS Foundation, The Carroll Shelby Children’s Foundation, The Armed Forces Foundation, The Hendrick Marrow Foundation, MLB Charities, The Boy Scouts of America, the EAA Young Eagles, and St. Jude's.
Automobilia
At every auction event, Barrett-Jackson sells automobile memorabilia. Dealership signs, hood mascots, transportation toys, gas pumps and garage relics are an among the items that cross the Barrett-Jackson auction block.Sponsors and vendors
Barrett-Jackson’s sponsors and vendors offer airplanes, boats, and luxury motor homes, car accessories, art, home electronics, collectibles, fashions, jewelry, gifts, and more.Media coverage
In addition to the live TV coverage on SPEED, Barrett-Jackson receives automotive and lifestyle media coverage on the local, national and international levels. Craig Jackson, CEO/Chairman of Barrett-Jackson, and Steve Davis, President of Barrett-Jackson, have been quoted in publications such as HemmingsHemmings
Hemmings is a surname, and may refer to:* David Hemmings* Deon Hemmings* Eddie Hemmings * Eddie Hemmings * Fred Hemmings* Guy Hemmings* Myra Hemmings* Nolan Hemmings* Tony Hemmings* Trevor Hemmings...
, Sports Car Market
Sports Car Market
Sports Car Market magazine covers the auctions of vehicles and other aspects of car collecting.The magazine started as the Alfa Romeo Market Letter in 1988 by Keith Martin. The newsletter expanded to become the Sports Car Market Letter in 1993....
, AutoWeek
AutoWeek
AutoWeek is a fortnightly automotive enthusiast publication based in Detroit, Michigan. One of 32 titles published by Crain Communications Inc, its parent company, AutoWeek is unique as the only consumer title among its sister publications....
, Fortune Magazine, New York Times, USA Today
USA Today
USA Today is a national American daily newspaper published by the Gannett Company. It was founded by Al Neuharth. The newspaper vies with The Wall Street Journal for the position of having the widest circulation of any newspaper in the United States, something it previously held since 2003...
, MotorTrend and many more.
SPEED broadcasts
Speed ChannelSPEED Channel
Speed , is a cable and satellite television network broadcast to various parts of North America, but primarily the United States...
started live broadcasting the auction since 1997, produced by Lingner Group Productions, Inc. In addition, there are derivative programs based on the auction.
- Barrett-Jackson Car Search (2004): A contest between teams to find old cars, restore them, then sell the cars in Barrett-Jackson auctions.
- Barrett-Jackson – Life on the Block (2005–2007): A show produced at the time of the auctions, covering people involved in the auctions.
- Barrett-Jackson ON THE ROAD (2006): Craig Jackson and SPEED Channel staff introducing collector vehicles in automobile shows. Craig Jackson also appraises vehicles on stage.
- Barrett-Jackson THE ROAD TO LAS VEGAS (born 2008): Preview of the vehicles in the first Barrett-Jackson Las Vegas auction.
During auction broadcast, SPEED Channel also offers Hagerty
Hagerty
Hagerty refers to:*Michael G. Hagerty , American actor*James Hagerty , American White House press secretary under Dwight D. Eisenhower*Julie Hagerty , American stage, screen, and television actress and model...
Fantasy Bid, a game where viewers seek to closely match the price of the upcoming fantasy car without going over, before the actual bidding. Tie breakers are determined by the time of the bids. Points and prizes are awarded to individual car winners, daily winner, and auction winner.
Co-branding and licensing
In 2008, Sherwin-Williams and Barrett-Jackson teamed up to create a branded line of auto paint under the Planet Color namesake. The line of 25 colors was recently launched in NAPA stores and Sherwin-Williams locations.Merchandise and apparel continues to be the anchor of Barrett-Jackson's licensing program. Apparel, novelties, die cast automobiles are offered.
Collector car insurance
“Barrett-Jackson Endorsed Collector Car Insurance” was introduced during the 2009 Palm Beach auction, offering car enthusiasts comprehensive insurance coverage designed for their needs. Although the program is aimed directly at collectors, it can also expand to cover homes, art, jewelry, yachts and more.Scottsdale, Arizona
| Year | Lot | Item | Cost (in US dollars, before buyer premium) |
|---|---|---|---|
| 2005 | 992 | 1954 Oldsmobile Oldsmobile Oldsmobile was a brand of American automobile produced for most of its existence by General Motors. It was founded by Ransom E. Olds in 1897. In its 107-year history, it produced 35.2 million cars, including at least 14 million built at its Lansing, Michigan factory... F-88 General Motors concept car |
$3,000,000 |
| 2006 | 1307 | 1950 General Motors Futurliner Futurliner The GM Futurliners were a group of stylized buses designed in the 1940s by Harley Earl for General Motors. They were used in GM's Parade of Progress, which traveled the United States exhibiting new cars and technology. The Futurliners were used from 1940 to 1941 and again from 1953 to 1956... "Parade of Progress" tour bus |
$4,000,000 |
| 2007 | 1301 | 1966 Shelby Cobra 427 "Super Snake" owned by Carroll Shelby Carroll Shelby Carroll Hall Shelby is an American retired automotive designer and racing driver. He is most well known for making Mustangs for Ford Motor Company known as Mustang Cobras which he has done since 1965... |
$5,000,000 |
| 2008 | 1309 | 1963 Chevrolet Corvette Chevrolet Corvette The Chevrolet Corvette is a sports car by the Chevrolet division of General Motors that has been produced in six generations. The first model, a convertible, was designed by Harley Earl and introduced at the GM Motorama in 1953 as a concept show car. Myron Scott is credited for naming the car after... "Rondine" concept car |
$1,600,000 |
| 2009 | 1307 | 1929 Ford 4-AT-E Tri-Motor Ford Trimotor The Ford Trimotor was an American three-engined transport plane that was first produced in 1925 by the companies of Henry Ford and that continued to be produced until June 7, 1933. Throughout its time in production, a total of 199 Ford Trimotors were produced... NC9612 |
$1,100,000 |
| 2010 | 1307 | 1929 Hamilton Metalplane H47 Hamilton (automobile company) The Hamilton Motors Company was founded in 1917 by Guy Hamilton after his Alter Motor Car Company went bankrupt in Grand Haven, Michigan. He produced only one car, the Model A-14, which was a 4-cylinder, 28 hp touring car with a 112" wheelbase. He promised to make a six-cylinder car, but he... |
$671,000 |
| 2011 | 1296 | 2012 Ford Mustang Boss 302 Laguna Seca Ford Mustang The Ford Mustang is an automobile manufactured by the Ford Motor Company. It was initially based on the second generation North American Ford Falcon, a compact car. Introduced early on April 17, 1964, as a "1964½" model, the 1965 Mustang was the automaker's most successful launch since the Model A... |
$450,000 |
Palm Beach, Florida
| Year | Lot | Item | Cost (in US dollars, before buyer premium) |
|---|---|---|---|
| 2005 | 378 | 1953 Buick Roadmaster Buick Roadmaster The Roadmaster was an automobile built by the Buick division of General Motors. Roadmasters produced between 1936 and 1958 were built on Buick's longest non-limousine wheelbase and shared their basic structure with senior Oldsmobiles. Between 1946 and 1957 the Roadmaster was Buick's top of the line... 4 door sedan owned by Howard Hughes Howard Hughes Howard Robard Hughes, Jr. was an American business magnate, investor, aviator, engineer, film producer, director, and philanthropist. He was one of the wealthiest people in the world... |
$1,500,000 |
| 2006 | 723 | 1947 Bentley Mark VI Bentley Mark VI The Bentley Mark VI was the first post-war luxury car from Bentley.Announced in May 1946 and produced from 1946 to 1952 it was also both the first car from Rolls-Royce with all-steel coachwork and the first complete car assembled and finished at their factory... coachwork Coachwork Coachwork is the body of a horse-drawn coach or carriage, a motor vehicle , a railroad car or railway carriage. Usually reserved for bodies built on a separate chassis, rather than being of unitary or monocoque construction... s by Franay |
$1,600,000 |
| 2007 | 697 | 2007 Chip Foose Chip Foose Chip Foose is a hot rod shop owner, automotive designer and fabricator, and former star of the reality TV series Overhaulin on TLC.-Life and career:... custom coupe built to buyer's specification |
$300,000 |
| 2008 | 659 | 1967 Shelby GT500 signed by Carroll Shelby |
$190,000 |
| 2009 | 369.1 | 1969 Chevrolet Camaro Chevrolet Camaro The Chevrolet Camaro is an automobile manufactured by General Motors under the Chevrolet brand, classified as a pony car and some versions also as a muscle car. It went on sale on September 29, 1966, for the 1967 model year and was designed as a competing model to the Ford Mustang... RS/SS custom 'Project American Heroes' built by Super Chevy magazine |
$500,000 |
| 2010 | 678 | 2011 Chevrolet Corvette Chevrolet Corvette The Chevrolet Corvette is a sports car by the Chevrolet division of General Motors that has been produced in six generations. The first model, a convertible, was designed by Harley Earl and introduced at the GM Motorama in 1953 as a concept show car. Myron Scott is credited for naming the car after... Chevrolet Corvette ZO6 |
$297,000 |
| 2011 | 665.4 | 1957 DeSoto DeSoto Adventurer | $247,500 |
Las Vegas, Nevada
| Year | Lot | Item | Cost (in US dollars, before buyer premium) |
|---|---|---|---|
| 2008 | 774.4 | 2006 Ford Mustang GT custom owned by Funkmaster Flex Funkmaster Flex Aston George Taylor, Jr. better known as Funkmaster Flex is an American hip hop DJ, rapper, musician and producer on New York City's Hot 97 radio station and host of the hit MTV show Funk Flex Full Throttle.... |
$300,000 |
| 2008 | 819 | 1949 MG TC raced by Carroll Shelby Carroll Shelby Carroll Hall Shelby is an American retired automotive designer and racing driver. He is most well known for making Mustangs for Ford Motor Company known as Mustang Cobras which he has done since 1965... |
$285,000* |
| 2009 | 704 | 1965 Shelby Cobra CSX2568 1st owned by Jacuzzi Jacuzzi Jacuzzi is a company that produces whirlpool bathtubs and spas. Its first product was a bath with massaging jets. The term "jacuzzi" is now often used generically to refer to any bathtub with massaging jets.-History:... |
$400,000 |
- Total price exceeds top bidding price after buyer premium
Orange County, California
| Year | Lot | Item | Cost (in US dollars, before buyer premium) |
|---|---|---|---|
| 2010 | 6580 | 2008 Bugatti Veyron | 770,000 |
Lawsuits
At the 2007 Scottsdale auction, after the last authenticated Ramchargers (a former drag racing team that had been staffed by Chrysler Corporation employees) race car had been sold for $300,000, owner David Clabuesch accused the auction company of ending the auctioneering prematurely, resulting in a lower than expected sale price. After the sale, Barrett-Jackson sued Clabuesch for "outrageous and defamatory actions," including chaining the car's wheels at the auction tent and putting up a sign calling its sale "void". On January 10, 2008, Barrett-Jackson announced a settlement had been reached three days earlier. In the settlement, Clabuesch exonerated Barrett-Jackson of all allegations of wrongdoing in relation to a situation that occurred at the company’s Scottsdale event in January 2007.Controversies
During the 2007 Scottsdale auction, Keith Martin, editor of Sports Car MarketSports Car Market
Sports Car Market magazine covers the auctions of vehicles and other aspects of car collecting.The magazine started as the Alfa Romeo Market Letter in 1988 by Keith Martin. The newsletter expanded to become the Sports Car Market Letter in 1993....
and a former member of Speed Channel's on-air commentary team for the auction, was ejected from the auction by Barrett-Jackson. At the time Martin was ejected, Sports Car Market had run unfavorable editorials about the state of the collector car industry and whether some cars were worth the high dollars being spent on them but not mentioning Barrett-Jackson or any other firm by name. and during the auction Martin allegedly made comments about company business practices and the quality of cars sold; according to Barrett-Jackson, he told people in the media center to leave B-J and attend the auction of a competitor. He was also dropped as a SPEED TV network commentator, at the request of Barrett-Jackson.
See also
- Auction TheoryAuction theoryAuction theory is an applied branch of economics which deals with how people act in auction markets and researches the properties of auction markets. There are many possible designs for an auction and typical issues studied by auction theorists include the efficiency of a given auction design,...
- Auto auction
- Antique carAntique carIn the United States, an antique car is generally defined as a car over 45 years of age, this being the definition used by the Antique Automobile Club of America. However, the legal definition for the purpose of antique vehicle registration varies widely. The antique car era includes the veteran...
- Classic carClassic carA classic car is an older car; the exact meaning is variable. The Classic Car Club of America maintains that a car must be between 20 and 40 years old to be a classic, while cars over 45 years fall into the Antique Class.- Classic Car Club of America :...
- Game theoryGame theoryGame theory is a mathematical method for analyzing calculated circumstances, such as in games, where a person’s success is based upon the choices of others...
- Online auction business modelOnline auction business modelThe online auction business model is one in which participants bid for products and services over the Internet. The functionality of buying and selling in an auction format is made possible through auction software which regulates the various processes involved.Several types of online auctions are...
- Winner's curseWinner's curseThe winner's curse is a phenomenon akin to a Pyrrhic victory that occurs in common value auctions with incomplete information. In short, the winner's curse says that in such an auction, the winner will tend to overpay...
External links
- Barrett-Jackson Auction Company homepage
- Barrett-Jackson Auction Company Official Store
- Comer, Colin "Russian Roulette with a Full Clip" one of the offending Sports Car Market article that resulting in Keith Martin being ejected
- Martin, Keith "Beanie Babies and Muscle Cars" another of the offending Sports Car Market articles