Barrett-Jackson Celebrates 10 Years in Southern Florida with Increased Attendance and Revenue

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Barrett-Jackson Auction Company, The World’s Greatest Collector Car Auctions™ held its 10th Annual Palm Beach Event on April 5-7 at the South Florida Fairgrounds and announced that they generated more than $18 million in sales of collector cars and saw 55,000 guests in attendance.

The event was held to celebrate the auction company’s tenth anniversary in Southern Florida and their big announcement of increase in sales and attendance from last year was announced at the three-day event. Featuring almost 450 cars including Classics, Muscle Cars, Hot Rods and Resto-Mods, the event also saw many new bidders with 42% having registered to bid at the event for the first time.

During the event, Barrett-Jackson sold a 2011 Ford Shelby GT 500 2 Door Hardtop for $1 million, benefitting Wounded Warriors Family Support. Also sold were a $220,000 2010 Spyker C8 Spyder SWB Convertible and a $203,500 1959 Chevrolet Corvette Custom Convertible.

Craig Jackson, chairman and CEO of Barrett-Jackson said, “We had a very successful 10th anniversary in Palm Beach. I’m thrilled to see a continuation of the recovery of the economy. Barrett-Jackson auctions have consistently been a strong leading indicator of the economic climate and this year has proven to be a very positive trend.”

In addition to their increasing sales and attendance levels, Barrett-Jackson has also helped to raise almost $1.8 million for local and national charitable organizations through events such as the Barrett-Jackson Opening Night Gala where they raised $55,000 for charity through a silent auction.

Steve Davis, President of Barrett-Jackson, said, “I’m a big fan of Palm Beach and the collectors who come here from all over the East Coast. The fact that we see more enthusiasts here every year is a testament to their dedication to the hobby.”

Source: MarketWire

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