Wednesday, January 22, 2014

RICK HENDRICK & BARRETT-JACKSON COLLECTOR CAR AUCTION, THEY FIT LIKE A GLOVE

NACAR'S premier car owner and the crown jewel auction house in the collector car business are a match made in heaven.

Rick Hendrick, probably the most successful car owner in NASCAR, and Barrett-Jackson, the gold standard in the collector car auction business, are the perfect fit.

What is it that makes this duo so right for each other?

Simple, Rick Hendrick has a forever burning passion, some might say a sweet tooth, for collectible cars. And to go with that, he also has the financial means to fuel that passion.

Barrett-Jackson, headed by CEO Craig Jackson, operates the Barrett-Jackson Auction Co., which is the leader in the collector car auction business, and the yard stick by which all other collector car auction co.'s are measured.

Rick Hendrick brought 21 collector cars to the Scottsdale 2014 Auction. Every car he brought to auction sold for a total of    $1,455,000. 

That money never made it to Rick's pocket. Here is a list of cars Mr. Hendrick took home with him :

 The first production 2015 Chevrolet Camaro Z/28 for $650,000, with all the money going to charity, specifically Cornerstone Schools in Detroit.

 $198,000 for a 1968 Sox & Martin Hemi Barracuda race car in the team's iconic red, white and blue livery.  as a youngster Hendrick was a huge fan of drag racing legends Sox & Martin.

Hendrick also bought a rare yellow 1968 Shelby GT 500 KR convertible, one of only 43 made in this color, for $308,000.

There were other purchases made by Hendrick but his biggest purchase was the four-vehicle "Snake and Mongoose" Hot Wheels set owned by Don Prudhomme --€” Two race haulers, Prudhomme's fully functional 1970 Plymouth Barracuda Funny Car and Tom McEwen's 1972 Plymouth Duster Funny Car show car.
The package was bid to $1 million and initially was a no-sale on the block, but Hendrick and Prudhomme privately negotiated a  sale afterwards. Barrett-Jackson's website lists the sale price as $1 million total.

Rick Hendrick was like a kid in a candy store, and he deserved it. He has had his ups and downs over the last 30 + years, he deserves to share in the spoils that he has cultivated over the years.

Mr. Hendrick, I would have done the same thing.

 
 
 

 


 

 
 

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