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 Custom cars. [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 company's recovery.

References

  1. "Russo and Steele Scottsdale 2013 – Auction Results". Sports Car Digest. Retrieved May 22, 2014.
  2. "Cars to watch at Russo and Steele in Scottsdale". AutoWeek. Retrieved May 22, 2014.
  3. Rabold, Brian (February 4, 2013). "Auction Results: Russo and Steele's 2013 Scottsdale Sale". Hagerty. Retrieved May 22, 2014.
  4. Ramey, Jay (August 14, 2013). "Russo and Steele gears up for Monterey". AutoWeek. Retrieved May 22, 2014.
  5. Golfen, Bob (January 23, 2018). "Russo and Steele plans Amelia Island sale". ClassicCars.com Journal. Retrieved August 21, 2025.
  6. Carpenter, Susan. "Russo and Steele auction a car collector's dream". OC Register. Retrieved May 22, 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 May 22, 2014.