Highline Autos Magazine Volume XVIII, Number 09

Page 40

Highline Autos

1979 Porsche 928 (Lot#749), which Tom Cruise drove in Risky Business, led all sales at $1.98 million

Barrett-Jackson Inaugural Houston Auction Totals $37.5 Million written by David M. Brown A 1979 Porsche 928 (Lot#749), which Tom Cruise drove in Risky Business, led all sales at the inaugural Barrett Jackson Houston Auction September 16–18, when it brought $1.98 million, setting the world record auction sale for the model.

weight (Lot #759), $1,199,000, and Lot#748, $1,001,000. Three other Ford GTs posted in the top 10: two 2006s, Lots #726 and #728, each $440,000, and a 2005 Ford GT (Lot #727), $412,500. “This was a banner year filled with historic events made up of over 200 world-record auction sales that are forever etched into automotive history. Thanks to our sponsors, consignors, bidders and guests, our inaugural Houston auction was an extraordinary extension of this year’s success,” says Craig Jackson, chairman and CEO of Scottsdale-based Barrett-Jackson, The World’s Greatest Collector Car Auctions, founded in 1971.

In addition, a 1956 Chevrolet 150 (Lot #3000) sold to benefit charity for $425,000 and was immediately donated back, and an additional round of bidding brought $400,000. Another $175,000 was donated, raising the total to $1 million for the Honor Flight program, which gives veterans an allexpenses paid trip to the memorials in Washington, D.C. To date, Barrett-Jackson has helped raise $135-plus million for charity.

“We rocked the house in Houston and delivered the kind of results expected from a state that likes to do everything bigger and better,” says Steve Davis, president of BarrettJackson. “Our 100-percent No Reserve docket reinforced the demand for American-built Resto-Mods and quality customs, and the strong prices underscored the trust we’ve earned from our consignors and bidders.”

Held at the NRG Center, the Houston auction totaled $37.5 million from the sale of 500 vehicles, with a 100-percent sell-through rate and 34 world-record auction sales, charity cars and automobilia. Two 2019 Ford GTs were second in the top 10: a 2019 Light-

Volume XVIII, Number 09

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