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Russo and Steele sets ‘homecoming’ for its 20th anniversary Scottsdale sale

Russo and Steele sets ‘homecoming’ for its 20th anniversary Scottsdale sale

Auction returns to its site at Scottsdale Road and 101 freeway

Russo and Steele’s 20th anniversary collector car auction in January 2020 in Scottsdale, Arizona, will be a homecoming event as the company returns to its long-time venue after a couple of years at the Salt River Fields sports complex.

“This will be our chance to say ‘thank you’ to the many close friends, clients, sponsors and vendors who have been rabidly loyal to Russo and Steele for two decades,” company co-founder, president and chief executive Drew Alcazar is quoted in the company’s announcement. 

Drew Alcazar stages his auctions with a theatrical ‘in the round’ format | Howard Koby photo

“We have been fortunate to enjoy an exciting journey these last 20 years, and we cannot be more enthusiastic to celebrate our important milestone this coming January in Scottsdale.”

After many years at the site near the intersection of Scottsdale Road and the 101 Freeway, Russo and Steele moved its hometown sale to the Salt River Fields spring training baseball complex in 2017.

“The incredible amenities and the enhanced ambiance provided by Salt River Fields at Talking Stick will certainly add an additional level of excitement and sophistication that Russo and Steele has worked many years to achieve,” Alcazar said at the time. 

However, after two years at the new venue, the Native American community that owns the Salt River Fields complex did not renew the Russo and Steele contract and instead signed a deal with Ritchie Brothers’ Leake Auction Company beginning in 2020. Russo and Steele filed a suit against Leake and against a former Russo and Steele employee over the issue.

Regarding its return to its “home” site, the company said it “will offer an array of dramatic improvements, including high-profile visibility, easy access with ample parking, significantly larger display area and improved weather contingency, all strategically located in the northeast sector of the Valley of the Sun.”

Russo and Steele returns to its former venue | Auction company map

“We are at the picture-perfect location for everything that has to do with Arizona Car Week,” Alcazar is quoted in his company’s news release.

“Coming home to Scottsdale for our 20th anniversary just feels right.”

The 20th anniversary Russo and Steele collector car auction is scheduled for January 15-19, 2020, on a more than 20-acre site adjacent to the freeway.

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