BARRETT-JACKSON SETS THE RECORD STRAIGHT

Officials with the Barrett-Jackson Auction Company have
responded to erroneous information in a news release issued by Russo and Steele
on Dec. 9, 2010. Barrett-Jackson Auction
Company, which produces “The World’s Greatest Collector Car Auctions™”, will
celebrate its 40th anniversary with an unprecedented automotive lifestyle event
at Westworld in Scottsdale from Jan. 17-23, 2011. “In support of our long-standing relationship with the City
of Scottsdale, we felt strongly that we had to set the record straight
regarding information publicly disseminated by Russo and Steele that is
patently false,” stated Craig Jackson, chairman and CEO of Barrett-Jackson. “It’s unfortunate that we find ourselves in
the position of having to defend our actions in connection with a routine
business matter,” said Jackson, “but we feel strongly that our customers
deserve to know the truth.” Barrett-Jackson had been working with the City of Scottsdale
since the beginning of summer 2010 to prepare the parking and traffic routing
plans in preparation for its 40th Anniversary January Auction in
Scottsdale. Officials with
Barrett-Jackson were therefore surprised to read in various October edition
newspaper articles that Russo and Steele was reporting that their company had a
signed agreement for a new auction location on one of the parcels of land that
was included in Barrett-Jackson’s parking plan. The announcement meant the
other auction would encroach upon the property that has historically been part
of the Barrett-Jackson parking plan and would significantly impact traffic flow
in the neighboring community. “With over 200,000 people expected to attend the 40th
anniversary Barrett-Jackson Scottsdale event, it’s critical to offer adequate
parking for the public,” continued Jackson.
“Our operations team has worked closely with local officials for many
years to identify the best areas for use in routing incoming traffic,
marshalling public shuttles and preparing overflow parking areas in the event
of inclement weather. All of these plans are made with the best interests of
the company’s customers and the residents of Scottsdale in mind.” Barrett-Jackson confirmed through public records that Russo
and Steele in fact had no signed agreement with the City of Scottsdale or the
Arizona Land Department, the entities responsible for approving use of public
land for such purposes. It was further confirmed by Barrett-Jackson that the
City of Scottsdale had declined Russo and Steele’s request for the new
location. Barrett-Jackson has been a paying tenant at WestWorld in
North Scottsdale since 1989. The event
facility typically hosts events much smaller than Barrett-Jackson. This has required Barrett-Jackson to lease
additional parcels of property in North Scottsdale for attendee parking. As Barrett-Jackson’s event has grown in the
past decade, the company has used as many as four additional plots of land
during the event to accommodate auction crowds, including the parcel sought by
Russo and Steele for its own use. The area’s other large annual public event,
the Waste Management Phoenix Open, takes an approach similar to
Barrett-Jackson’s for leasing multiple parcels of land for attendee parking. “We didn’t expect any challenge to our use of this property
as we have been using the same area consistently for the past several years,”
added Jackson. “We were surprised when another company attempted to relocate
their event to this location. That specific land is an important component of
the operations plan for our Scottsdale event. There are many other locations in
the valley available for lease. We have also suggested that Russo and Steele
could hold their event on different dates that don’t conflict with
Barrett-Jackson week, as that would solve the problem for everyone involved.” The City of Scottsdale has committed use of the land to
Barrett-Jackson to ensure adequate parking, facilitate traffic flow and
minimize traffic disruptions to the communities in and around North Scottsdale
that are closest to the Barrett-Jackson event at WestWorld. Barrett-Jackson utilizes the ancillary land
strictly for parking, which is consistent with guidelines within the State Land
Use Permit agreement. “It’s unfortunate that Russo and Steele is disseminating
information that is not true,” added Jackson.
“This situation was avoidable and it’s unfortunate for the industry as a
whole.” The cornerstone of Barrett-Jackson’s business is fairness
and accurate representation of facts to the public and the company’s customers.
These principles are the reason Barrett-Jackson was recognized as one of the
Ethisphere Institute’s 2010 World’s Most Ethical Companies. Barrett-Jackson will celebrate its anniversary with an
unprecedented automotive lifestyle event in Scottsdale. The milestone event will include a collector
car auction at WestWorld, the 2nd annual Scottsdale road rally, a cruise-in and
many other exciting activities. SPEED
will broadcast 40 hours of live coverage to commemorate the 40th anniversary
during the six action-packed auction days. “We’ve moved on from this situation and our team is focused
on putting on a great event for our customers and the thousands who will travel
to Scottsdale to attend Barrett-Jackson,” noted Steve Davis, president of
Barrett-Jackson. “With 40 hours of live,
international television coverage on SPEED, we’ll also provide an unprecedented
platform for promoting the City of Scottsdale and the greater Phoenix area
throughout our weeklong event.”


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