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Barrett-Jackson Scottsdale Raises $7.625 Million for Charity, Includes Sale of Two First-Production VIN 001 Vehicles, Hosts General Motors CEO, Mary Barra

January 19, 2020 GMT
Barrett-Jackson Scottsdale Raises $7.625 Million for Charity, Includes Sale of Two First-Production VIN 001 Vehicles, Hosts General Motors CEO, Mary Barra
Barrett-Jackson Scottsdale Raises $7.625 Million for Charity, Includes Sale of Two First-Production VIN 001 Vehicles, Hosts General Motors CEO, Mary Barra

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan 19, 2020--

Barrett-Jackson, The World’s Greatest Collector Car Auctions, raised $7.625 million from nine vehicles during the 49th Annual Scottsdale Auction, January 11-19, 2020, bringing the total raised on the Barrett-Jackson auction block for charity to more than $126 million to date. Global carmakers sold the rights to a pair of first production vehicles during the week, including the world’s first mid-engine Corvette, the 2020 Chevrolet Stingray VIN 001 ( Lot #3007 ) that sold for $3 million and was introduced by Barrett-Jackson’s special guest Mary Barra, CEO of General Motors. On Friday, the first production 2021 Lexus LC 500 Convertible Inspiration Series VIN 100001( Lot #3003 ) sold for $2 million.

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2020 Chevrolet Stingray VIN 001 (Lot #3007) sold for $3 million during the Barrett-Jackson Scottsdale Auction (Photo: Business Wire)

“Charity vehicles are the soul of our auctions,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Supporting the community was the purpose of the first event my family helped create almost 50 years ago. Over the years, we’ve supported medical research, funded education initiatives and provided money for programs that champion our nation’s military heroes and first responders. We’re proud of the funds and awareness we’ve been able to help raise. It was especially an honor to welcome GM CEO Mary Barra to the auction block to be part of the historic sale of the first retail production 2020 Chevrolet Corvette.”

The charity auctions kicked off on Thursday with the sale of a custom Foose-designed GTX custom coupe ( Lot #3000 ), which was owned by MotorTrend’s Chris Jacobs and sold for $300,000 to benefit the C4 Foundation. A 1981 Jeep CJ7 Custom SUV ( Lot #3001 ) was sold and re-donated on the block three times for a total of $425,000 raised to benefit Make-A-Wish Foundation. Special guest 13-year-old Make-A-Wish recipient Will Wade fulfilled his wish by accompanying Craig Jackson on the block and hammering in the final sale of the Jeep.

“There’s not a group of people more united in the drive to eradicate sickness, improve education and support our nation’s veterans than the collector car community,” said Steve Davis, president of Barrett-Jackson. “We’re so honored to be trusted by the world’s top car companies and consignors to help carry their missions of helping others. We take our stewardship of these charity cars very seriously and we’re grateful to have played a part in raising over $7 million for these extremely worthy causes during our 2020 Scottsdale Auction.”

Over the years, Barrett-Jackson Auctions have become a destination for buyers seeking to own a first production vehicle. On Friday, the rights to own the first-ever 2021 Lexus LC 500 Convertible Inspiration Series ( Lot #3003 ) hammered in at $2 million to benefit Boys & Girls Clubs of America and Bob Woodruff Foundation. On Saturday, GM CEO Marry Barra welcomed a packed house as bidders vied for the chance to own the first retail production 2020 Chevrolet Corvette Stingray ( Lot #3007 ), a black-on-black Corvette 3LT loaded with every available option. The winning bid hammered in at $3 million and will benefit the Detroit Children’s Fund.

“Reaction to the mid-engine Corvette was incredible,” said Mary Barra, GM Chairman and CEO, who was on the block to introduce the first production mid-engine Corvette. “It’s both humbling and exciting to harness that success and support the local community through the Detroit Children’s Fund.”

Other charity vehicles crossing the block in Scottsdale included:

Last year, Craig Jackson purchased the VIN 001 of the 2020 model year Ford Shelby GT500, which raised $1.1 million for the non-profit organization JDRF. This year, he continued that philanthropic tradition by purchasing the 1965 Superformance MKII for $200,000, which benefited the TGen Foundation.

The 2020 Palm Beach Auction is now available to view online. To consign a vehicle, receive more information on becoming a bidder, or purchase tickets for the 2020 Palm Beach Auction, visit www.Barrett-Jackson.com.

Join the online conversation on Facebook, Twitter and Instagram #BarrettJackson

About The Barrett-Jackson Auction Company

Established in 1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The World’s Greatest Collector Car Auctions®, is the leader in collector car and automotive lifestyle events, which include authentic automobilia auctions and the sale of high-profile estates and private collections. The company produces auctions in Scottsdale, Arizona; Palm Beach, Florida; at Mohegan Sun in Connecticut; and Las Vegas, Nevada. With broadcast partners MotorTrend (formerly Velocity) and Discovery Channel, Barrett-Jackson features extensive live television coverage, including broadcasts in over 150 countries internationally. Barrett-Jackson also endorses a one-of-a-kind collector car insurance for collector vehicles and other valued belongings. For more information about Barrett-Jackson, visit Barrett-Jackson.com or call 480-421-6694.

For high-resolution photos, please contact Matt Ferguson atMFerguson@Barrett-Jackson.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20200118005006/en/

CONTACT: Barrett-Jackson Communications

Matt Ferguson, Marketing Communications Specialist

(480) 306-8258 |MFerguson@Barrett-Jackson.comArizona Media

Stacy Pearson, Strategies360 on behalf of Barrett-Jackson

602-577-6888 |StacyP@Strategies360.comAutomotive Media

Aaron Cook, TimePiece PR & Marketing on behalf of Barrett-Jackson

(214) 520-3430 |ACook@TPRM.com

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA

INDUSTRY KEYWORD: MEN PERFORMANCE & SPECIAL INTEREST OFF-ROAD TRUCKS & SUVS PHILANTHROPY LUXURY CONSUMER GENERAL AUTOMOTIVE AFTERMARKET AUTOMOTIVE FUND RAISING RETAIL FOUNDATION

SOURCE: Barrett-Jackson

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PUB: 01/19/2020 01:15 AM/DISC: 01/19/2020 01:15 AM

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