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Barrett-Jackson Inaugural Houston Auction Hits $37.5 Million Fueled by $1.98 Million Sale of Porsche 928 Driven by Tom Cruise in “Risky Business”

Barrett-Jackson, The World’s Greatest Collector Car Auctions, continued at
full throttle during the Inaugural Houston Auction at NRG Center in Houston,
Texas, September 16-18, 2021, with $37.5 million in total sales. Strong
prices for collectible vehicles combined with tremendous turnout led to many
world auction records and a rising demand for American-made Resto-Mods,
quality customs and vehicles with celebrity provenance. On Saturday, the
auction arena was electric when a stellar group of vehicles crossed the
block led by a 1979 Porsche 928 (Lot#749) driven by Tom Cruise in the film
“Risky Business” that sold for $1.98 million, becoming the world record
auction sale of any Porsche 928 from any year.

LOT #728 – 2006 FORD GT – $440,000
LOT #728 – 2006 FORD GT – $440,000

Barrett-Jackson’s first auction in the Lone Star State featured a
100-percent No Reserve docket with nearly 500 collectible vehicles that sold
for more than $35.4 million. The Automobilia auction featured 279 pieces
that sold for over $1 million, marking the most successful non-Scottsdale
Automobilia Auction in the company’s history. Barrett-Jackson also continued
to trailblaze with the auction of two NFTs, which brought in a combined
$14,000.

On Saturday, Lot #3000, a 1956 Chevrolet 150 sold to benefit charity for
$425,000 and was immediately donated back, igniting a second round of
bidding that raised an additional $400,000. Another $175,000 was donated,
bringing the total raised from the sale of the Chevrolet 150 to $1 million
benefiting Honor Flight. To date, Barrett-Jackson has helped raise over $135
million for charity.

Barrett-Jackson’s Inaugural Houston Auction total sales reached over $37.5
million with a 100-percent sell-through rate and 34 world-record auction
sales, surpassing over 200 world records in 2021. Click here to see the
inaugural event’s recap video.

“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,”
said Craig Jackson, chairman and CEO of Barrett-Jackson. “Thanks to our
sponsors, consignors, bidders and guests, our Inaugural Houston Auction was
an extraordinary extension of this year’s success. We’re far more than a car
auction; we’re an immersive automotive experience with exhibitors, thrill
rides and activities that rivals any event. We can’t wait for our January
2022 Scottsdale Auction, when we’ll celebrate everything we’ve accomplished
over our 50-year history, in true Barrett-Jackson fashion.”

The top vehicles sold during the Inaugural Houston Auction included:

1979 Porsche 928 “Risky Business” Movie Car (Lot#749) – $1.98 million
2019 Ford GT Lightweight (Lot #759) – $1,199,000
2019 Ford GT (Lot#748) – $1,001,000
1966 Shelby GT350 Sir Stirling Moss Race Car (Lot#741) – $495,000
2006 Ford GT (Lot #726) – $440,000
2006 Ford GT (Lot #728) – $440,000
2005 Ford GT (Lot #727) – $412,500
1963 Chevrolet Corvette Split-Window Custom Coupe (Lot #733) – $396,000
1967 Ford Mustang Eleanor Tribute Edition (Lot #767) – $357,500
1967 Ford Mustang Eleanor Tribute Edition (Lot #443) – $330,000
1962 Chevrolet Corvette Custom (Lot #762) – $330,000
1956 Ford F-100 Big-Window Custom Pickup (Lot #756) – $275,000
LOT #741 – 1966 SHELBY GT350 – STIRLING MOSS RACE CAR – $495,000
LOT #741 – 1966 SHELBY GT350 – STIRLING MOSS RACE CAR – $495,000

During the three-day auction, Barrett-Jackson sold 279 authentic automobilia
items for more than $1 million, the highest sales ever achieved during a
non-Scottsdale Auction. Top automobilia pieces in Houston included a
1940s-50s Flying A Service animated porcelain neon sign (Lot #7297) that
sold for $77,050, and a 1950s Mobiloil Pegasus left-facing animated
porcelain neon sign (Lot #8299) which sold for $69,000.

“We rocked the house in Houston and delivered the kind of results expected
from a state that likes to do everything bigger and better,” said Steve
Davis, president of Barrett-Jackson. “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. We’re bringing new collectors to the hobby with every auction with
diverse dockets filled with vehicles that enthusiasts can relate to and
enjoy. Join us in Scottsdale in January to celebrate this incredible journey
we’re on.”

LOT #733 – 1963 CHEVROLET CORVETTE SPLIT-WINDOW CUSTOM COUPE – $396,000
LOT #733 – 1963 CHEVROLET CORVETTE SPLIT-WINDOW CUSTOM COUPE – $396,000

Barrett-Jackson also continued to fill the demand for collector car NFTs
with two movie-themed Motoclub SparkNFTs. The 1959 Cadillac “Ghostbusters
Ectomobile” Re-Creation NFT (Lot #4001) sold for $8,000, and the 1994 Toyota
Supra from “The Fast & The Furious” franchise NFT (Lot #4002), hammered in
at $6,000.

On Friday, Craig Jackson was joined by Aaron Shelby, grandson of Carroll
Shelby and Board Member of Carroll Shelby International for the historic
presentation of the 1967 Ford Shelby GT500 Experimental (EXP500) “Little
Red” and the only Shelby GT500 convertible built that same year, marking the
first time in history that these two vehicles were shown together in public.
Click here to watch “Little Red Returns.”

Consignments are open for the 2022 Scottsdale Auction, January 22-30, and
enthusiasts may consign here. Collector car enthusiasts can also be a part
of the celebration by registering to bid here. Tickets to the 2022
Scottsdale Auction are also on sale and available for purchase here. Join
Barrett-Jackson’s online conversation on Facebook, Twitter, Instagram and
YouTube #BarrettJackson

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