Tag Archives: barrett-jackson auction company

Craig Jackson of Barrett Jackson

Barrett-Jackson generates $109 million

Barrett-Jackson Auction Company, The World’s Greatest Collector Car Auctions™, generated nearly $109 Million in gross sales of rare, high-end collectible vehicles, exotics, customs, classics, hot rods and resto-mods during its 42nd  annual Arizona auction at WestWorld of Scottsdale, Jan 13-20, 2013. This sale was on par with the 2007 Barrett-Jackson auction that also generated nearly $109 Million in gross sales.

The 2013 Scottsdale auction also set two world records with the largest number of No Reserve vehicles offered at one auction, as well as the largest-ever Barrett-Jackson auction measured by the number of cars sold. In addition to the two auction records, Barrett-Jackson set two world records for individual vehicle sales. (Lot #5034) a 1956 Chrysler Diablo Concept Convertible sold for a record $1.375 Million and (Lot #5019) a 1947 Talbot-Lago T-26 Grand Sport sold for a record $2.035 Million. Both were among the superb Salon Collection, Barrett-Jackson’s premium selection of blue chip collectible vehicles.

“This has made a mark in history for Barrett-Jackson, both in numbers and in showmanship. There has never been an auction as entertaining or as personal as this one,” said Craig Jackson, Chairman and CEO, Barrett-Jackson. “We love that enthusiasts of all kinds have contributed to this sense of charity and community. With a start like this, we can only expect big things for the rest 2013.”

It was clear from the cheers of the crowd and the final sales price throughout the Salon Collection, that the collector car market continues to rise and Barrett-Jackson’s retains its stronghold within the industry. In fact, reports in 2012 showed a 33 percent increase in the value of collector cars, which was proven once more by the company’s success in Scottsdale.

Overall, the Salon Collection’s presence was far from subtle, selling at a total of $29.2 Million. Within these rare and highly coveted vehicles, Hollywood icons such as the 1966 Original #1 Batmobile (Lot #5037) by renowned customizer, George Barris, sold at an astonishing $4.62 Million. Following the Batmobile in top sales was Clark Gable’s breathtaking 1955 Mercedes-Benz 300SL Gullwing Coupe (Lot #5001), which sold at $2.035 Million, a price also achieved by the record-breaking Talbot-Lago.

Each of the top 10 sales exceeded $1 Million. Additional milestones include:

· Lot #5004,  1934    Duesenberg J Murphy LWB Custom Beverly Sedan, $1,430,000.00
· Lot #5007,  1929    Isotta Fraschini Tipo 8A SS Castagna Roadster, $1,320,000.00
· Lot #5025,  1971    Plymouth Hemi ‘Cuda Convertible, $1,320,000.00
· Lot #5016,  1949    Delahaye Type 175 Saoutchik Coupe de Ville,$1,210,000.00

This year also brought the largest offering of Shelby vehicles at one event in honor of one of the world’s greatest automotive icons, Carroll Shelby. 48 Shelby automobiles were auctioned off at No Reserve including (Lot #5036) a 1966 Shelby GT350 Fastback which sold for $225,000, (Lot #5023) a 1965 Shelby GT350 Fastback which sold for $220,000.00 and (Lot #5024) a 1967 Shelby GT500 Fastback which sold for $175,000.

Beyond the vehicle sales, a record number of committed attendees from around the world included buyers, consignors and enthusiasts. Despite the unusual cold temperatures in Scottsdale, 300,000 attended Barrett-Jackson Scottsdale.

The Scottsdale charity vehicles helped to raise over $5 Million for charities that benefit children, military personnel, medical research and community support. As a result of the company’s 42 years of dedication to philanthropy, Barrett-Jackson has raised a total of over $53 Million to-date. Scottsdale highlights include the sale of (Lot #3016), the first production Chevrolet Corvette Stingray which sold for $1,000,000 to benefit Detroit-based College for Creative Studies. Also, a 1969 Ford Bronco Custom SUV (Lot #3020) sold for $500,000 to benefit the Armed Forces Foundation.

“We are proud and honored to be amongst some of the most unique and impressive vehicles that have ever been offered at Barrett-Jackson, as well as support some of our nation’s most important causes,” said Steve Davis, President of Barrett-Jackson. “No two auctions are ever the same, and Scottsdale proves that the quality and diversity of our collections only intensify over the years. We are thrilled that again this year, our charitable sales raised millions, including $500,000 to the Armed Forces Foundation during our Sunday offering, a cause very close to my heart. ”

Consignments are now available for the upcoming Barrett-Jackson Palm Beach, Reno Tahoe and Las Vegas 2013 Auctions. For more information, visit http://www.barrett-jackson.com/consign/.

ACC Awards 2012

ACC Awards 2012 Finalists: H-M

Effective corporate counsel has never been more important than it is now. Arizona Business Magazine is recognizing the important and vital role that in-house counsel plays in the success of a business with the Arizona Corporate Counsel Awards, ACC Awards 2012. The 27 finalists and winners were honored Thursday, January 12 during a ceremony and dinner at the Ritz Carlton Phoenix. Here are the finalists in alphabetical order, H through M.

ACC Awards 2012 Finalists, H through M:

George Hittner
Corporate secretary, general counsel, vice president of governmental relations
American Traffic Solutions

ACC Awards 2012Hittner has overseen more than 150 lawsuits for ATS throughout the country, ranging from minor cases to multi-million-dollar class actions, with a 98 percent win rate since October 2008. Some highlights:
* Under Hittner’s leadership, ATS has never lost a constitutional challenge to one of its programs.
* Hittner led the successful legal strategy which resulted in a decision by the 6th Circuit U.S. Court of Appeals that found the Akron, Ohio, intersection and speed camera safety ordinance legal and constitutional.
* Hittner’s focus on election law has protected the photo enforcement industry from illegal elections, including having three illegal elections declared invalid.

Christine Jones
Executive vice president, general counsel and corporate secretary
Go Daddy Group

ACC Awards 2012Jones is the leader for all legal affairs at Go Daddy. Go Daddy’s legal department is unique in that it encompasses functions that are not traditionally seen in corporate legal departments. Jones supervises more than 100 people in the legal, domain services, network abuse, and government relations departments. Jones has become and industry leader and activist in addressing Internet abuse, and she created the government relations department at Go Daddy to establish a respected presence and voice in Washington. To keep up to date, Jones enables legal professionals to present in-house continuing legal education programs on a monthly basis.

Sara Lee Keller
Executive vice president and general counsel
Clear Channel Outdoor, Inc. — Americas

ACC Awards 2012Since Keller was hired on Jan. 4, 2011, she has grown the legal department from four attorneys to seven. Issues that were traditionally handled by outside counsel are now handled in-house, resulting is cost savings and better management of external spending. Some opinions of her work:
* “Our legal team at Clear Channel Outdoor is becoming a full-service firm right inside the four walls of the company,” said Joe Bagan, Clear Channel’s COO.
*  “This collaboration has improved our overall effectiveness as measured by successful outcomes, more closely managed costs … greater business impact, and improved client satisfaction,” said Ron Cooper, CEO of Clear Channel.

Christopher Kevane
Senior vice president and general counsel
Rural/Metro Corporation

ACC Awards 2012Kevane has been advising and managing the legal affairs for Rural/Metro for more than seven years, the past two as senior vice president and general counsel. His recent accomplishments include managing all legal matters related to:
* The successful close of Rural/Metro’s acquisition by affiliates of the global private equity firm Warburg Pincus LLC.
* The successful acquisition of multiple competitor companies throughout the nation.
* Regulatory matters related to SEC reporting mandates.
* Legal issues and settlement negotiations related to federal and state Medicare and Medicaid audits and compliance matters.
* Contract matters and negotiations surrounding executive departures and hiring.

Mark Larson
Vice president and chief litigation counsel — aerospace and transportation systems
Honeywell International

ACC Awards 2012Given Honeywell Aerospace’s content on global aircraft, chances are that if an aircraft accident occurs, Honeywell will be involved in litigation and Larson will ultimately become involved. Larson oversees a large, complex and diversified docket, encompassing litigation and arbitration matters throughout the world. Through skillful negotiation, Larson managed to settle a number of significant claims last year alone, saving Honeywell hundreds of millions of dollars, as well as protecting Honeywell’s product reputation and brand. In his 11 years at Honeywell, Larson has had just one trial loss. He accomplished all that while reducing outside counsel spending by almost 50 percent since 2007.

Ryan Liebengood
Intellectual property attorney
ASM America INC

ACC Awards 2012Colleagues admire Libengood for his unselfish community service. “I have been in the legal field for more than 40 years and as an in-house attorney for more than 15 years,” said Gary A. Smith, general counsel for Phoenix Engineering Services in Mesa. “Rarely have I seen a relative newcomer to the law become so enthusiastically involved in the community.” Libengood became a member of the Mesa Family YMCA, offering his assistance as the organization transitioned from a fitness facility to a service organization supporting a low-income population. He also volunteers with the Mesa United Way Volunteer Income Tax Preparation Program.

Virginia Llewellyn
General counsel and corporate secretary
Barrett-Jackson Auction Co., LLC

ACC Awards 2012Llewellyn has been general counsel at Barrett-Jackson since 2005. In this role, she is responsible for managing all the company’s legal affairs and overseeing outside counsel relationships. She serves as corporate secretary and works closely with other members of the senior management team on establishing and implementing company policies and procedures as they apply to employees, customers, and external business partners. She also serves as the primary liaison to the company’s media partners, including Fox’s SPEED Channel, which broadcasts more than 100 live hours of Barrett-Jackson events each year to more than 80 million homes.

Matthew D. Mitchell
Vice president legal, associate general counsel
Apollo Group

ACC Awards 2012Mitchell’s original responsibilities for Apollo — one of the largest employers in Arizona — were limited to the employment area, but he has since taken on litigation and regulatory responsibilities. Some highlights:
* He has been instrumental in implementing standard processes for the engagement of outside counsel (including outside counsel guidelines and electronic billing), e-discovery and litigation holds, Apollo board litigation updates specific to both the company and the for-profit education industry, and litigation tracking.
* Has assumed responsibility for securities litigation, derivative actions, wage hour class actions, qui tam litigation, and consumer litigation.

Harriet Mountcastle-Walsh
Vice president and general counsel
Honeywell International

ACC Awards 2012Since assuming the role of aerospace general counsel in 2005, Mountcastle-Walsh has forged a successful vision for the Honeywell Aerospace, Law, Contracts and Export (LC&E) function. Some highlights:
* Developed policies, procedures and best practices to streamline functionalization and reduce total expenses by more than 35 percent.
* Consistently strives to upgrade talent in her 400-person department through hiring efforts, and through a training, mentoring and a development process.
* Enabled growth at Honeywell through the development of its patent portfolio and IP licensing.
* Proactive litigation management has helped reduce Honeywell’s spending on outside counsel by more than 50 percent.

Arizona Business Magazine January/February 2012


Barrett-Jackson Announces $92 Million In Sales, Record Attendance

Barrett-Jackson Auction Company announced that its 41st annual Arizona auction generated more than $92 million in sales and attracted a record 270,000 attendees at the WestWorld of Scottsdale from January 15 to 22.

The auction, which showcases and sells rare, high-end collectable vehicles, broke several world records last Saturday. It also experienced a 32 percent improvement in sales and a 16 percent improvement in attendance compared to the 2011 auction.

“The excitement over the high-end classics in the 5000 series and the Salon Offering Collection this year is beyond words,” said Craig Jackson, chairman and CEO of Barrett-Jackson, in a press release.

“I’m humbled to say that we had a record number of cars cross the block and were able to revisit our roots by offering some of the purest classics and concepts on the market with extraordinary results,” he added.

The Salon Offering Collection was composed of 31 highly sought-over vehicles that generated the highest bids. The auction’s top selling vehicle was a 1948 Tucker Torpedo, one of only 51 ever made, which sold for $2.915 million — a world record sale for a Tucker.

Another notable sale was a 1954 Mercedes-Benz 300SL Gullwing with only 4,159 original miles, which is the lowest mileage model known to exist. The sale also broke the world record for the highest-selling price for a steel-bodied 300SL Gullwing model.

The auction gave back to local and national charities as well. $5.8 million was raised through the sale of 22 vehicles and donations to the Barrett-Jackson-sponsored ChildHelp Charity that helps victims of child abuse and neglect.

The action also experienced a large growth in newcomers. New-registered bidders made up more than 50 percent of the total bidders, and almost half of the consigners were also new. The first-ever, DIY lifestyle exhibit made more information available to newcomers with its featured how-to on getting your car on the auction block.

For more information about Barrett-Jackson or the World’s Greatest Collector Car Auctions, visit barrett-jackson.com.


BizBox Offers Innovative, Mobile Platform To Help Expand Businesses

While businesses may be making more of an effort to increase their digital presence on mobile devices such as Smartphones, others are considering a mobile platform that physically brings their business’s products and services directly to their target audience — with BizBox. Barrett-Jackson Auction Company and Skullcandy have, and BizBox has only been in business for three months, creating quite the buzz

BizBox is a transportable, customized building that can transform into your business in a matter of minutes.

Charles Sidi, creator of the BizBox, who came from a background of sustainable design and green mobile structures, decided it was time to create an adaptable and innovative mobile platform. He says while the concept is common in Europe, BizBox is more cutting edge and different than what’s on the market in the U.S.

Not surprisingly, BizBox has green, sustainable features. It is solar powered, producing approximately 1,000 watts per day and storing up to five days worth of power use. It also switches automatically between solar power, gas power and electrical power. BizBox also disperses natural light with its two Solatubes light wells. These are tubular skylights installed in the ceiling that capture light through a dome in the roof and disperses light evenly throughout the room.

And this sustainable building can cater to both small and large businesses.

“What’s exciting about BizBox is we get to become involved in everyone’s business because it’s so versatile,” Sidi says. “What’s interesting is a lot of the large brands and large companies are very attracted to BizBox because we created something that maintains the value of their brand.”

Sidi adds that it’s the opportunity for innovation and the opportunity to generate excitement with a mobile platform that attracts businesses to BizBox.

“What we’re trying to do is expand other’s businesses,” Sidi says. “The goal is to give businesses a whole new approach and a sophisticated way to get their products and services to their consumers.”

Rick Sikorsi, CEO of BizBox, agrees that the mobility of the BizBox is a benefit to companies. Businesses can now bring their product to the customer, increasing its presence and sales, too.

For instance, three clients utilizing the BizBox service are Barrett-Jackson Collector Car Auction, Skullcandy and ListenUP! Canada (a hearing aid company). They have all found ways to customize their BizBoxes to cater and interact with their respective customers.

Barrett-Jackson will bring BizBox as a Social Media Hot Spot to all of its events nationwide, including the Barrett-Jackson auction in Scottsdale.

ListenUP! transformed its BizBox into a small hearing aid store with testing equipment and will bring the store straight to its target market residing in residence homes, which Sikorsi says is a game changer for ListenUp! because it was able to take its business to the customers, who are unable to make it to their brick-and-mortar location.

As for Skullcandy, it will be parking its BizBox at the base of mountains in Winter Park, Colo., on Jan. 30 and skiers and snowboarders will be able to jump over it. The interior will be comprised of 12 to 15 listening stations, while the exterior is made of up speakers and subwoofers.

“Skullcandy will be carrying inventory and selling products at the location for a week,” Sikorsi says. “This is how BizBox can add to a company’s bottom line — because they are able to get embedded in a customer base and sell to them.”

While BizBox has attracted larger companies, it’s also a way for entrepreneurs to start their own business with a lot less risk.

“I don’t believe the entrepreneurial spirit is dead; I just believe people are nervous,” Sikorsi says. “If something like BizBox can show people a way to get into business with lower up-front cost, it could be exciting.”

BizBox is not only expanding others’ small and large businesses, it’s experiencing quite the growth spurt, too, in its short period of existence.

BizBox currently has three orders completed and three underway; Sikorsi is expecting 12 to 18 orders over the next year, in addition to five already in the works. By 2013, about 50 BizBoxes are expected to be in the marketplace. It’s also experienced an increase in sales consultants, with 43 on board, adding two to four every week. It’s expected that BizBox will have more than 100 sales agents by June 30th of this year.

“Think of BizBox as a 220-foot blank slate that you can turn in to anything you want, that can morph into a beautiful retail-looking building,” Sikorsi says. “Rather than waiting for the customer to come to the brick-and-mortar location, we are taking the product to customer and selling it right there.”

For more information about BizBox, visit bizbox4u.com.

BizBox’s Showroom

15855 N. Greenway Hayden Loop, #160
Scottsdale, AZ