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Photo provided by Russo and Steele

Russo and Steele finishes successful auction

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All photos in slideshow were taken by Mike Mertes, Az Big Media.

“For Enthusiasts – By Enthusiasts.”™ Much more than a tagline, it’s Russo and Steele’s lifestyle. One that infuses all aspects of their auction events.

The 15th Anniversary Scottsdale auction was a perfect case in point. Closing out the weeks enthusiast driven festivities and continuing to build on the foundation of outstanding, diverse and sought after collector automobiles and all the high energy block intensity that Russo and Steele is known for, the Scottsdale auction event kept bidders engaged and excited throughout entire week and closed out with a bang.

Russo and Steele is still trying to process the final sales totals, but early indicators point to excellent results in several of the fastest-rising areas of today’s collector-car marketplace.

When the gavel fell for the last time, some of the weeks most talked about lot numbers included:

#2565 1957 300SL Roadster – $1,430,000.00
One of the most collectible, historic, and instantly-recognizable sports cars ever conceived, this 1957 Mercedes-Benz 300 SL Roadster is one of just 1,858 examples built in all from 1957 through 1963. Highly detailed, it is simply resplendent and continues to benefit handsomely from over 25 years of single ownership in California and a restoration completed in 2007. This stunning automobile is fully documented in the 300 SL Registry.

#2235 1969 Camaro ZL1 – $335,500.00 
One of just 69 produced and one of three COPO 9737 cars, this ZL-1 was raced from new and it is a former National drag racing record holder. Factory features include radio delete, M21 4-speed, Black Standard interior, X44 Trim Code, and Fathom Green paint. Offered from 15 years of single ownership, it is a certified original-body car retaining mostly original sheet metal. A multiple magazine-feature car, it comes with the original window sticker, documents, and as-found photographs, it is a great example of the baddest purpose-built Chevy racing car ever created.

#2074 1970 Ford Mustang Boss 429 – $330,000.00 
An outstanding example of one of the most famous American muscle cars ever built, this 1970 Ford Mustang Boss 429 Fastback is a 2-owner car. Features include a Toploader 4-speed manual transmission, Drag Pack, and Competition Suspension. A recipient of a complete restoration overseen by a senior Mustang Club of America official in 2011, all parts used in the restoration were NOS or OEM components and are documented in its accompanying restoration book.

#2275 1974 Porsche 911 2.7 RS – $305,500.00
This very sought after limited production 1974 Euro Carrera 2.7 RS, was not originally available in the US. It was first delivered on the 17th of May 1974, to the Prince of Bahrain, at the Porsche Factory in Stuttgart, Germany. This Carrera (# 947) was always lavishly stored and maintained, and comes complete with a Porsche Certificate of Authenticity, showing it to be all numbers matching with a certified mileage of only 58,837 or 94,140 kms.

#2080 1957 Porsche 356 Speedster – $286,000.00
Originally offered as a lower cost option designed to appeal to the U.S. market, Porsche 356 Speedsters are now considered one of the most beautiful and sought after production Porsche models of all time. Then sole Porsche U.S. importer Max Hoffman initially sold the idea believing that a raw, open top version of the 356 would be a hit in the United States. With its low profile, racing inspired removable windshield, bucket seats and minimal folding top, the Speedster became an instant object of desire. Just 1 of approximately 1,171 Speedsters produced in 1957, this Ivory over red, California specialist restored example continues to prove just how correct he was.

#2525 1970 Plymouth Hemi Cuda “Original” – $247,500.00
This 1970 Hemi ‘Cuda is believed the sole example retaining its original FJ5 Limelight Hi-Impact paint finish. With its VIN decoded by noted Chrysler expert Galen Govier, this Hemi ‘Cuda was scheduled for production on Monday, October 13, 1969 at Chrysler’s Hamtramck, Michigan assembly plant and built to perform – at very high speeds – with its highway-friendly 3.23:1 Sure-Grip rear end and absence of power-robbing luxury options. Nonetheless, this Hemi ‘Cuda was equipped new with power brakes (with front discs), power steering, the famed ‘Shaker’ hood and competition-style hood pins. High-Grade trim includes black vinyl bucket seats, dual outside mirrors, a black vinyl top, chrome exhaust tips, a floor console, and a Music Master AM radio.

#2071 1959 Echidna Chassis #2 – $162,800.00
During the 1950s “Golden Age” of sports-car racing in the United States, one of the most competitive and consistent specials was the Echidna, conceived, designed and built by Ed Grierson, Bill Larson, and John Staver of Hibbing, Minnesota. Named after the reclusive Australian spiny anteaters immortalized in Greek mythology as the mother of all monsters, Echidnas – numbering just three in all – ruled SCCA C- and B-Modified competition. Echidna number 2 is powered by a hot small-block Chevy equipped with the legendary Rochester fuel-injection unit and backed by a T-10 four-speed gearbox. On the track, the Echidnas competed against and beat many of the era’s best sports racers, including Jaguar D-types, Lister-Jaguars and Corvettes, Ferrari 750 and 860 Monzas, Mondials and Testa Rossas, and the Maserati 450S, making them some of the most important American race cars of the era.

#2113 1953 Jaguar XK120 – $143,000.00
This 1953 Jaguar XK 120, a Special Equipment model sometimes known colloquially in the US as the XK 120M, was built in 1952. The speed plaque on the XK 120 SE certified 132mph, from a naturally aspirated 3.4 engine in a 3,100 lb car. The restoration began with the purchase of an incredibly rare set of dual-throat SU carbs and manifold manufactured in the 1950’s and appearing only on a few race cars such as some of the Lemans Triumphs and the Hughes Kircher Jaguar Special XK 120. The former owner purchased the carbs and began searching for a competition XK 120 as a home for them. This car has been featured in the Robb Report and the English magazine Jaguar Quarterly.

Unquestionably, the Russo and Steele 15th Anniversary Auction Celebration marked a thrilling experience on all levels and a fitting introduction to 2015’s auction series. Following the high-octane action on the auction block, sales are closed and beginning is processing transactions that will provide the finalized results.

 

Preview some of the cars at Russo and Steele

Following a highly successful 2014 auction season, the entire team at Russo and Steele Collector Automobile Auctions has now began 2015 with a bang in Scottsdale, Arizona, where they kicked off celebrations and events marking their 15th Anniversary in business.

Founded in 2001 by Drew Alcazar and his wife Josephine, Russo and Steele was rooted from the beginning with a true passion for the collector-car business, hobby and subsequent lifestyle, and that remains at the company’s core. It is reflected in every auction they hold, every concours event they attend, and every vintage race that they participate in.

Join them for their 15th Anniversary celebration in Scottsdale, Arizona and kick-off the 2015 collector-car calendar in fine style.

Running January 14-18 2015, our Scottsdale auction will showcase a wide array of top-flight collector automobiles and continue the tradition of redefining collector-car auctions with a renowned “For Enthusiasts – By Enthusiasts” TM philosophy.

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In addition to the electricity surrounding the 800-plus collector automobiles to be offered for sale and the coliseum style “Auctions in the Round” experience, they will host Kevin Martin’s Piece of the Past celebrity memorabilia auction daily, starting on Thursday January 15 at 12 PM and running daily through Sunday, January 18th.

Experience the Russo and Steele difference for yourself! Bidder registration for Scottsdale is $200 and includes an official pocket guide plus admission for all 5 days of excitement for the bidder and one lucky guest.

For additional and updated information regarding our Scottsdale ’15 auction calendar and the exciting selection of featured collector automobiles being assembled daily, visit the company website.

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Russo and Steele celebrates 15th year

Russo and Steele Collector Automobile Auctions will make its return to Scottsdale January 14-18.
Locally-owned and operated in Scottsdale, Russo and Steele is one of the biggest collector automobile based auction event companies in the world.
Kicking off its year long 15th anniversary celebrations, Russo and Steele’s Scottsdale auction will showcase more than 800 collector automobiles on offer and crossing the block. 
WHO:       Russo and Steele
WHAT:    It’s the 15-year anniversary for Russo and Steele Collector Automobile Auction. In addition to the electricity surrounding the more than 800 collector automobiles, spectators will experience their famous coliseum style “Auctions in the Round”. The event will also host Kevin Martin’s Piece of the Past celebrity memorabilia auction.
WHEN:    Wednesday, January 14
                 Gates open at 9:00 a.m. (Preview day)
                 Thursday, January 15
                 Gates open at 9:00 a.m.
                 Auction begins at 12:00 p.m.
                 Friday, January 16
                 Gates open at 9:00 a.m.
                 Auction begins at 12:00 p.m.
                 
                 Saturday, January 17
                 Gates open at 9:00 a.m.
                 Auction begins at 12:00 p.m.
                 Sunday, January 18
                 Gates open at 9:00 a.m.
                 Auction begins at 11:00 a.m.
WHERE:  Russo and Steele Collector Automobile Auction
                 18601 North Scottsdale Road
                 Scottsdale, Arizona
 
For all of the event details, visit www.russoandsteele.com
Taste, Sip and Give Back: 3 Must-Attend Fall Events

Taste, Sip And Give Back: 3 Must-Attend Fall Events

Whether indulging on a selection of small bites or sampling some of Arizona’s finest wines, giving back has never tasted so good. As the weather cools, delicious giving opportunities designed to benefit some of the Valley’s most impacting nonprofit organizations will be hot, hot, hot!

With so many great, upcoming fall events, we had to narrow it down. Here’s some of the tastiest bites:

A Bite for Kids

Taste, sip and socialize with Arizona’s best chefs and restaurateurs for the 8th annual Phoenix Cooks celebration at The Westin Kierland Resort & Spa. This special event, taking place all day on September 1, 2012, will include everything from chef demonstrations and cooking classes to raffles and celebrity cooking challenges, with all proceeds benefiting the Phoenix Children’s Hospital. Not hungry? Take a sip from 30 wine sampling booths, or try some beer from the Alaskan Brewing Company. A best bet for fun — my personal cooking workshop at 2 p.m., which will focus on simple sushi recipes you can make at home. You can purchase your tickets here.

Breast of Scottsdale

A Bite for Breasts

It is the pinkest party Scottsdale has ever seen! On Wednesday, September 12, Sapporo is pleased to be partnering with Belvedere Vodka to host the first-ever Breast of Scottsdale, benefiting the Arizona Institute for Breast Health (AIBH). During this special event, the community is invited to dress in their pink best and sip and sample sumptuous pink-themed food and drink menu items while enjoying great music, interactive photography and other surprises. A portion of the proceeds from these items, which will be officially available throughout October at Sapporo Scottsdale, will benefit Arizona Institute for Breast Health and its critical mission to offer Arizona women diagnosed with breast cancer a second opinion on their treatment options, completely free of charge. All proceeds from this event will benefit the organization’s Pink Light District. Pink attire is requested, and there will be prizes for the most fabulous, creative and innovative pink fashions of the night. The cost to attend is a $25 donation to the organization, which can be made by visiting AIBH’s website.

A Bite for Pat

On Friday, November 9, we at Sapporo are so proud to sponsor the Weekend Jetaway! This event, focused on raising funds for the Pat Tillman Foundation and Boys & Girls Clubs of Greater Scottsdale, respectively, will feature live music, culinary creations from leading Valley chefs (ahem!), cocktails and casino games in a private jet hangar within the Scottsdale Airpark.

In addition to sampling special treats from our and other leading chef’s fall menus, during the event guests will have the chance to win several fabulous prizes, including the grand prize — a luxurious all-inclusive, first-class trip on a private jet.

“It is through the generosity of our donors that we are able to directly impact the lives of Tillman Military Scholars by providing the financial and educational resources needed to prevent undeserved debt, increase economic stability and establish a foundation for greater career opportunities,” said Marie Tillman.

To purchase tickets, please visit the Boys & Girls Clubs of Greater Scottsdale’s website.

Other events to chew on in coming months include: Taste of Hope, Corks & Chords, Dine Out with the Chefs, Play All Night, Russo and Steele, and AZ Wine & Dine.

Barrett-Jackson - AZ Business Magazine January/February 2012

Barrett-Jackson, Russo And Steele Draw Visitors, Pump Money Into Valley Economy

Economic Engines: Classic car auctions — Barrett-Jackson and Russo and Steele — draw visitors, pump money into Valley economy

If Steppenwolf was performing in the Valley this month, the band might want to tinker with the lyrics to “Born to be Wild.”

“Get your motor runnin,’ head out into Scottsdale, lookin’ for some auctions, and there are plenty coming our way.”

Two of the premiere classic car auctions in the United States call Scottsdale home in January.

The Barrett-Jackson Classic Car Auction takes place from January 16-22 at Westworld of Scottsdale; and car enthusiasts can also hit the Russo and Steele Collector Automobile Auction from January 18-22 at its location near Scottsdale Road and Loop 101.

“The highlights to this year’s auction event would have to be the event site,” says Russo and Steele spokeswoman Stephanie Quinn. “The main structure will have all the auction elements that people have come to know and love, such as staging lanes of up to six lanes of automobiles awaiting their turn on the block, vendors with everything from automobile memorabilia to high fashion, and of course the auction in the round auction block.”

But the auctions aren’t just about showing off cool cars. It’s big business. Despite the sluggish economy in the 2011, Barrett-Jackson beat its 2010 sales figures, generating almost $70 million from the sales of about 1,200 vehicles. Russo and Steele had 2011 sales of more than $21 million.

The auctions are also a boost to the local economy and neighboring businesses as more than 300,000 people are expected to pour into Scottsdale to attend the two events.

Barrett-Jackson will feature 27 vehicles from the Jimmy Richardson Collection, representing a variety of autmobile categories from the past nine decades, but all have one common charasteristic: they are all fast.

“Jimmy Richardson, one of the leading classic automotive collectors in the world, is providing an opportunity to own a unique offering of vehicles from his personal collection,” says Craig Jackson, chairman and CEO, Barrett-Jackson.  “Jimmy will consign all of these vehicles at no reserve which will be a major component that adds excitement.”
Russo and Steele will have some showcase cars as well.

“People can expect some of the finest European sports, American muscle, hot rods and custom automobiles at Russo and Steele,” Quinn says. “We are featuring more that 700 automobiles and have some spectacular automobiles such as the 1965 Shelby Cobra 427 CSX3127 Prototype that changed automotive history by paving the way for the production of all 427 street Cobras; and the ‘Noland Adams’ 1953 Chevrolet Corvette NCRS Duntov Award 99.8 (United States Postal Service) Stamp Car, making its debut on the auction floor for the first time ever.”

Russo and Steele Collector Automobile Auction

When: January 18-22
Where: 18601 N. Scottsdale Rd., Scottsdale
Tickets: russoandsteele.com

Barrett-Jackson Classic Car Auction

When: January 16-22
Where: WestWorld of Scottsdale, 16601 N. Pima Rd., Scottsdale
Tickets: barrett-jackson.com

Arizona Business Magazine January/February 2012

 

Auto Auctions Boost Valley’s Economy

Two local auto auctions rev up the Valley’s economy.

Drew Alcazar was bit by the car bug early on. He remembers playing with Hot Wheels, and later as a teenager working obsessively to rebuild a 1967 Shelby Mustang.

“It’s a sickness,” says Alcazar, co-owner of the Russo and Steele Collector Automobile Auctions. “The car hobby is an incurable disease.”

Alcazar recalls falling in love with that Shelby and running cars on a local, sanctioned drag race track on Saturday nights.

“It was truly ‘run what you brung,’ ”he smiles. “It was the best.”

Today, Alcazar is one of the fortunate ones who has been able to transform a hobby into a chosen profession. Alcazar worked for the Barrett-Jackson Auction Company from 1995 to 2000. He says that during this time he saw the show evolve into more of a “spectacle” than a true collectors show.

“I feel they lost the sight and focus,” he adds. “Car collecting is a hobby — it is not an investment. We are selling a hobby.”

Alcazar decided to create a boutique environment and position his show to the true car enthusiast. It seems the gamble has paid off. Russo and Steele will feature 500 cars during its show Jan. 16-20. Russo also does auctions in Monterey, Calif., and Hollywood, Fla.

Still, Barrett-Jackson is a force to contend with in the auto auction industry. Last year, more than 1,200 cars valued at nearly $112 million were auctioned at the Scottsdale event. Barrett-Jackson also produces a show in Palm Beach, Fla. This year, Barrett-Jackson will auction more than 1,000 autos during its Scottsdale show Jan. 12-20.

“Our Scottsdale automotive lifestyle event has become an annual pilgrimage for everyone connected to this hobby,” says Craig Jackson, CEO of Barrett-Jackson Auction Company, adding that in 2008, the show will again partner with the cable network SPEED for coverage.

While each show continues to evolve, Scottsdale officials couldn’t be happier. Between the two auto auctions, Arizona Business Magazine Dec-Jan 2008the FBR Open and football festivities, revenues at resorts, restaurants and retail shops continue to soar.

The two shows may compete against each other, but the synergy they create is second to none.

“The economic impact is huge,” Alcazar adds. “It may be a cliché, but I feel Russo and Steele truly is an economic engine that revs up our economy again and again.”

To find out more about the companies mentioned, visit their websites:
www.barrett-jackson.com
www.russoandsteele.com