Barrett-Jackson Palm Beach Auction Wraps Up with $1.5 Million Ford GT 

This 2020 Ford GT Heritage Edition was the top seller at the 2023 Palm Beach Barrett-Jackson Auction, going for $1.5 million.

Big sales, exciting moments and enthusiastic bidding made for a great Super Saturday at the 2023 Palm Beach Barrett-Jackson Auction. The last of the more than 600 incredible collector vehicles made their way across the stage April 15, with additional auction world-record sales logged.

The top seller was a 2020 Ford GT Heritage Edition with its $1.5 million sale.

The auction arena went wild on a number of occasions---notably when the first retail production VIN 001 2024 Chevrolet Corvette E-Ray 3LZ rolled onto the block. The arena was on its feet when the car sold for $1.1 million with 100% of the hammer price benefiting DonorsChoose, an organization committed to education. The generous winning bidder was NASCAR team owner Rick Hendrick.

In an especially kind gesture, Michelle Mauzy, noted philanthropist and longtime member of the Barrett-Jackson family, donated an additional $50,000 to the nonprofit, bringing the total raised for DonorsChoose to $1.15 million.

Following the exciting moment on stage, Craig Jackson, chairman and CEO of Barrett-Jackson, and Steve Davis, president of Barrett-Jackson, were presented with commemorative gavels by Michael Sawaya, president of the New Orleans Ernest N. Morial Convention Center, to celebrate the addition of the inaugural New Orleans Auction, slated for Sept. 28-30.

The day’s second charity vehicle, Lee Iacocca’s 2009 Ford Mustang Iacocca 45th Anniversary Edition, brought more heartfelt moments to the block when it sold for $150,000. The entire hammer price of this vehicle benefited the Ellis Island Honors Society Inc., which creates scholarships and supports cultural events and programs around the nation. The sale included a painting of the car that was created during the auction.

The other big stars of the show that drove top sales April 15 included a 2020 Ford GT and a 2005 Ford GT, both from the Steve Todhunter collection, which crossed the block for $990,000 and $440,000, respectively. A 2018 Porsche 911 GT2 RS sold for $434,500, while a 1962 Chevrolet Corvette custom convertible followed with a $401,500 sale. Rounding out the Top 10 sales was a 2019 Porsche Speedster that sold for $396,000, a 2018 Rolls-Royce Phantom for $363,000, a 2018 Porsche 911 GT2 RS for $346,500, and a 2017 Ferrari 488 Spider that brought the winning bid of $330,000.

The morning’s Automobilia Auction also saw impressive sales, with a spectacular 1930s-40s Phillips 66 embossed porcelain neon sign selling for $43,125. Another top sale was an incredible 1940s Marathon Oil Ethyl Gasoline gas pump globe, which sold for $27,025. Rounding out the top three was a 1957 Bowser gas pump in Ferrari regalia, which went to its new home for $18,975.

Chip Foose joined Jackson and Davis on the podium for the sale of a 1967 Ford Mustang Shelby GT500E that earned $264,000 with its sale. Shawn Shelby, grandson of Carroll Shelby, also made an appearance on the auction podium for the $176,000 sale of a 2022 Ford Shelby GT500 Heritage Edition from the Brian Kelly collection.

In addition to all the auction action on stage, the Formula 1 Miami Grand Prix 2023 trophy was on-site for fans to see ahead of the much-anticipated May 5-7 race.

Barrett-Jackson is grateful for the tremendous support received for the Palm Beach Auction---from each of the fantastic bidders, consignors, sponsors, exhibitors, guests and fans, as well as the South Florida community, and looks forward to seeing everyone at its 2023 Las Vegas Auction at the convention center June 22-24.

Source: Barrett-Jackson

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