The 1965 Shelby 289 Cobra is rolled off the Barrett-Jackson block after selling for $797,500 | Matthew Fink
Cleo Shelby’s bright-blue eyes began tearing up as she watched one of her late husband’s landmark creations, a 1965 Shelby 289 Cobra, rumble onto the auction block at Barrett-Jackson’s busy Saturday sale in Scottsdale, Arizona.
“It’s very nostalgic for me,” she said in her rich British accent.
Her husband, of course, was Carroll Shelby, perhaps America’s greatest motorsports icon, who died in 2012 at the age of 89. Shelby was a familiar presence at Barrett-Jackson, both in person and in the form of his performance cars that are always hot sellers. How important is Shelby to the car community? Craig Jackson’s daughter is named Shelby in Carroll’s honor.
Barrett-Jackson’s top seller, a 2015 Porsche 918 that made $1,760,000 | Bob Golfen
For Cleo Shelby, Saturday night was a poignant moment, her first trip back to Barrett-Jackson since Carroll’s death and witnessing his seminal creation, an original 289 Cobra, on stage before tens of thousands of cheering spectators inside the mammoth auction arena at WestWorld.
The bidding reached $720,000 when the auctioneer hammered the car sold, for an official result of $797,500 including auction fee, one of the highest results of the Saturday sale. Cleo smiled and shook her head.
“He never thought his cars would be worth anything like this,” she said. “Carroll was very understated. He never did it for the money. He just followed his passion.”
Barrett-Jackson’s results for “Super Saturday,” when the cream of the auction crop goes up for sale, were led by a modern supercar, an 887-horsepower 2015 Porsche 918 driven just 595 miles and sold for a resounding $1,760,000, the highest sale of the weeklong Scottsdale auction, Barrett-Jackson’s signature event.
But the biggest excitement that lit up the crowd Saturday was the appearance of veteran actor Burt Reynolds as he emerged from the car forever associated with him, a 1977 Pontiac Firebird Trans Am, which had served as a promotional vehicle for the popular movie Smokey and the Bandit.
Actor Burt Reynolds arrives in the 1977 Pontiac Firebird Trans Am | Barrett-Jackson
People rushed the stage, cell-phone cameras raised, as Reynolds made his way to the auction podium to join Jackson and the auctioneers. The Trans Am, black with gold emblems, naturally, sold for $550,000 (including auction fee), most likely a record for a Trans Am. Appropriately, the car was purchased for John Staluppi’s Cars of Dreams Museum in Florida.
Two other Hollywood movie vehicles that came up for auction Saturday were of a more-recent vintage, the huge 1992 Peterbuilt 370 semi tractor that starred as Optimus Prime and the custom 1967 Chevrolet Camaro SS that played Bumblebee in the Transformers movie. Director Michael Bay was at the podium as Optmus Prime went for $121,000 and Bumblebee reached $167,200, both including fees.
Beautiful classics also scored high numbers Saturday at Barrett-Jackson, including a 1939 Mercedes-Benz 540K converted to desirable Cabriolet A coachwork; it was the second-highest sale at $1,485,000. A lovely 1947 Talbot-Lago T26 Cabriolet sold for $715,000, while another Talbot-Lago, a 1939 T15 Cabriolet, went for $515,000.
The Bumblebee from ‘Transformers’ heads toward the staging area | Bob Golfen
Several of the top featured cars in Barrett-Jackson’s Salon Collection failed to meet reserve and were not sold, including the magnificent 1959 Ferrari 195 S Inter Superleggera coupe that reached $1.705 million, which was not enough to buy it. Barrett-Jackson auctions are known for its overwhelmingly no-reserve offerings, with the exception of some of the Salon Collection cars. The auction Saturday had a 98 percent sell-through rate.
Another Saturday favorite was the group sale of three Corvettes, each of them a first serial-number model, from the years 1955, 1956 and 1957. They sold as a single lot for $1.815 million, or $605,000 each. They were bought by megadealer and NASCAR team owner Rick Hendrick of North Carolina, who is a leading collector of top cars from the bowtie brand.
As ever, charity sales were highlights of the auction action, with three cars selling with 100 percent of the total going to benefit worthy causes: The 2016 Chevrolet Camaro Vin #001 sold for $500,000 to benefit Kettering University, a 2016 Ford Focus RS raised $550,000 for the Juvenile Diabetes Research Foundation; and a 1932 Ford hi-boy McGee tribute hot rod hit $105,000 for the Alex Xydias Center for Automotive Arts.
Despite the enormous size of the WestWorld facility, there was a sellout crowd with standing-room only Saturday afternoon and evening at Barrett-Jackson’s flagship auction, which last year saw a remarkable overall total attendance for the week of 350,000.
The top 10 sales for Barrett-Jackson’s Saturday auction were:
1. 2015 Porsche 918 Spyder Weissach Coupe, $1,760,000
2. 1939 Mercedes-Benz 540K Cabriolet, $1,485,000
3. 1965 Shelby Cobra 289 R&P Roadster, $797,500
4. 1947 Talbot-Lago Record T26 Cabriolet, $715,000
5. 1955 Chevrolet Corvette Roadster, $605,000
5. 1956 Chevrolet Corvette Convertible, $605,000
5. 1957 Chevrolet Corvette Convertible, $605,000
8. 1969 Chevrolet Corvette L88 Convertible, $577,500
9. 1939 Talbot-Lago T-15 Cabriolet, $550,000
9. 2016 Ford Focus RS Sedan, $550,000 (charity sale)
9. 1977 Pontiac Firebird Trans Am Coupe, $550,000
All results include auction fees.
For complete results, see the Barrett-Jackson website.
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