Russo and Steele

Last updated
Russo and Steele Collector Automobile Auctions
IndustryCollector Automobile Auctions
FoundedScottsdale, Arizona
(2001)
FounderDrew and Josephine Alcazar
Headquarters
Phoenix, Arizona
,
US
Area served
Scottsdale, Arizona Monterey, California Newport Beach, California
Key people
Drew Alcazar,
CEO
ProductsCollector Automobiles
ServicesAuctions, Restorations, Events, Entertainment
OwnerDrew and Josephine Alcazar
Website russoandsteele.com

Russo and Steele is an American collector and classic car auction company that is headquartered in Phoenix, Arizona. [1] [2] The company specializes in the sale of European sports cars, American muscle cars, hot rods and customs. [3] [4] The company was founded in 2001 by Drew and Josephine Alcazar. The company held its first events in Scottsdale, Arizona and in Monterey, California. The company has since added auctions in Amelia Island, Florida. [5] Typical auctions are held in outdoor locations where prospective bidders can inspect and bid on cars directly in an "auctions in the round" format. [6] [7]

At a 2010 event an 800-foot-long auction tent fell over due to strong winds, striking several cars and causing an estimated $1.5 million in damages. [8] A reality show on ESPN aired following the storm documenting the companies recovery.

Related Research Articles

Scottsdale, Arizona City in Arizona, United States

Scottsdale is a city in the eastern part of Maricopa County, Arizona, United States, and is part of the Phoenix metropolitan area. Named Scottsdale in 1894 after its founder Winfield Scott, a retired U.S. Army chaplain, the city was incorporated in 1951 with a population of 2,000. The 2019 population was estimated at 258,069. Its slogan is "The West's Most Western Town." It has been one of the fastest growing cities in the United States over the past decades.

Porsche 64

The Porsche 64, also known as the Type 64 and Type 60K10, is considered by many to be the first automobile from what was to become the Porsche company, and a true design precursor to the post-war production model. The model number comes from the fact that it was built mainly from design drawings for the Type-64 "record car". Most mechanical parts came from the VW 38, the prototype of the KdF-Wagen better known as the Volkswagen Beetle. The chassis was heavily reinforced and the engine also reworked to produce around 40 horsepower. The Type 64 was only a drawing until the three racers were built. The body was also a compromise in that the cab had to look like a KdF car, but the rest was 'record' car. The VW beetle was the Type 60, and the name the "60K10" means body design 10 for the Type 60 Beetle. Its flat-four engine produced 50 bhp and gave a top speed of around 160 km/h (99 mph).

Honda NSX Motor vehicle

The Honda NSX, marketed in North America as the Acura NSX, is a two-seat, mid-engine coupe sports car manufactured by Honda.

Lincoln Futura Motor vehicle

The Lincoln Futura is a concept car promoted by Ford's Lincoln brand, designed by Ford's lead stylists Bill Schmidt and John Najjar, and hand-built by Ghia in Turin, Italy — at a cost of $250,000.

The Pebble Beach Concours d'Elegance is an automotive charitable event held each year on the Pebble Beach Golf Links in Pebble Beach, California. It is widely considered the pinnacle event of its kind and one of the most prestigious car events in the world.

Barrett-Jackson is an American collector car auction company headquartered in Scottsdale, Arizona. The auction house specializes in collector vehicles as well as automotive memorabilia (automobilia). Barrett-Jackson was the first collector car auction to be televised and holds events across the United States. Barrett-Jackson is also known for its philanthropic efforts, particularly raising funds through the sale of vehicles for charitable causes at its auctions.

Monkeemobile Car built for the TV show The Monkees

The Monkeemobile is a modified Pontiac GTO that was designed and built by designer Dean Jeffries for The Monkees, a pop-rock band and television program. The car features a split two-piece windshield, a touring car convertible top, modified rear quarter panels and front fenders, exaggerated tail lamps, set of four bucket seats and an extra third row bench where there was originally a trunk, a rear-mounted parachute and a GTO emblem on the front grille.

Rolex Monterey Motorsports Reunion Annual event

The Rolex Monterey Motorsports Reunion is an annual event held at WeatherTech Raceway Laguna Seca in Monterey, California. Its purpose is to provide an event in which historic racecars can compete. It takes place over the course of one weekend every mid-August. It was first established by Steve Earle in 1974 as the Monterey Historic Automobile Races. Earle organized the meeting for his friends to race their cars at Laguna Seca. The event acts as a part of Monterey Car Week, which includes the Pebble Beach Concours d'Elegance and other events.

T206 Honus Wagner Baseball card issued 1909–1911

The T206 Honus Wagner baseball card depicts the Pittsburgh Pirates' Honus Wagner, known as "The Flying Dutchman,” a dead-ball era baseball player who is widely considered to be one of the best players of all time. The card was designed and issued by the American Tobacco Company (ATC) from 1909 to 1911 as part of its T206 series. Wagner refused to allow production of his baseball card to continue, either because he did not want children to buy cigarette packs to get his card, or because he wanted more compensation from the ATC. The ATC ended production of the Wagner card, and a total of only 50 to 200 cards were ever distributed to the public, as compared to the "tens or hundreds of thousands" of T206 cards, over three years in sixteen brands of cigarettes, for any other player. In 1933, the card was first listed at a price value of US$50 in Jefferson Burdick's The American Card Catalog, making it the most expensive baseball card in the world at the time.

Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952. The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton. The Duesenberg was sold to Tom Monaghan, founder of Domino's Pizza and then owner of the Detroit Tigers.

Auto auction Selling auto vehicle

Auto auctions are a method of selling vehicles based on an auction system. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents.

Genevieve Chappell

Genevieve Chappell is an American television personality, media personality, businesswoman and television producer.

Wanxiang

Wanxiang Group Corporation is a Chinese multinational conglomerate, headquartered in Hangzhou, Zhejiang province, China. Its automotive components subsidiary is the largest China-based automotive components company measured by revenues. The company was founded in 1969 by Lu Guanqiu.

Gooding & Company is a classic car auction company headquartered in Santa Monica, California. Incorporated in 2003, the company holds three of the top ten all-time records for most expensive cars sold in auction. The company also provides private treaty sales, estate planning, and appraisals. Since 2004, Gooding & Company has been the official auction house of the Pebble Beach Concours d'Elegance. Additional auctions are held in Scottsdale, Arizona and Amelia Island.

Bill Freeman (racing driver)

Bill Freeman was a professional racing driver, race team owner, motorsport racing enthusiast, race car manufacturer, and business entrepreneur.

Monterey Car Week is a week in August in which a number of car-related events are held in and around Monterey, California.

Profiles in History is an auction house in Los Angeles, California. It was founded in 1985 by Joseph Maddalena and is one of the world's leading auctioneers and dealers of authentic and original collectibles, including Hollywood memorabilia, historical autographs, letters, documents, vintage signed autographs and manuscripts. Maddalena is the company's president and CEO.

Honda NSX (second generation) Motor vehicle

The second-generation Honda NSX, marketed as the Acura NSX in North America, China and Kuwait, is a two-seater, all-wheel drive, mid-engine hybrid electric sports car developed and manufactured by Honda in the United States. Production began in 2016 and will end in 2022 with the Type S variant. It succeeds the original NSX that was produced in Japan from 1990 to 2005.

Twenty Grand (Duesenberg) Motor vehicle

The "Twenty Grand" is the name given to the one-off custom 1933 Rollston Arlington Torpedo-bodied Duesenberg SJ ultra-luxury sedan. The design's initial price tag of $20,000 was the most expensive Duesenberg ever constructed and it is widely considered to be the most beautiful Duesenberg ever built. It is currently one of the most valuable cars in the world, worth over $40 million today.

References

  1. "Russo and Steele Scottsdale 2013 – Auction Results". Sports Car Digest. Retrieved 22 May 2014.
  2. "Cars to watch at Russo and Steele in Scottsdale". AutoWeek. Retrieved 22 May 2014.
  3. Rabold, Brian. "Auction Results: Russo and Steele's 2013 Scottsdale Sale". Hagerty. Retrieved 22 May 2014.
  4. Ramey, Jay. "Russo and Steele gears up for Monterey". AutoWeek. Retrieved 22 May 2014.
  5. " Two New Auctions for Russo and Steele", Sports Car Digest , 2013-01-23. Access date 2014-05-21]
  6. Carpenter, Susan. "Russo and Steele auction a car collector's dream". OC Register. Retrieved 22 May 2014.
  7. Hardy, Jerome (April 2008). A French Line on the Arizona Auctions. Sports Car Market magazine. pp. 36–37.
  8. "Russo and Steele car auction estimates $1.5M in damage". AZ Central. Retrieved 22 May 2014.