Russo Steele Car Auction Storm Damage
2010 was a good year for the Russo and Steel Auctions even if the company had a rough start this year. Why do I say that? Because of the unfortunate event that happened at the 2010 Russo&Steele Collector Automobile Auction that took place in Scottsdale, Arizona.
During the first day of the auction a severe storm hit Scottsdale and affected two large tents that were part of the Russo&Steele car auction. When the disaster happened, around 6 PM, more than 10,000 people were in the main tent participating at the auction, but luckily enough the tent remained intact. Fortunately there weren’t injured people in any tent. Only the classic cars had to suffer. As a result, all the people were evacuated and the area sealed until the danger passed.
Half of the classic cars that were supposed to be auctioned were protected by these tents. During the severe storm the tents were blown over and the cars were damaged. Moreover, the tent that covered the Loop 101 was lifted up and blown nearby causing traffic delays and leaving hundreds of classic cars under the rainstorm.
Some of the cars were damaged by the heavy tent poles, while the convertible cars got wet and dirty. The Russo&Steele car auction storm damages were estimated to more than $1.5 million. The claims after this Russo & Steele car auction storm damage were estimated at $5,000 for each car that was affected by the storm.
More than 125 of the cars listed at the Russo and Steele auction had insurance according to the vice president of the Hagerty Insurance. He declared that after seeing the 101 site auction, he estimated that more than half of the 600 cars that were placed in that tent suffered damages as a result of the storm. These damages included scratches caused by the tent poles, dents or debris.
A “victim” of the Russo&Steele car auction storm damages was a 1913 White Gentlemen’s Roadster that was struck by a tent pole. Another one was a 1916 Ford Model T Fire Chief that stood under the rain because the tarp that protected it was blown off.
But the most important classic car that was affected by the Russo&Steele car auction storm damage was a 1948 Tucker convertible. The car’s price tag was estimated to be around $1 million. Other damaged cars were a few Mustangs including a 1960 Shelby GT500, a Ford GT, a 1970 Mustang and a 1966 Shelby GT350.
The R&S Auctions didn’t let the owners to inspect their cars in the next morning because the Scottsdale fire marshal hadn’t yet declared the perimeter as being safe. The organizers tried their best to clean up the tents quickly in order for owners to be able to asses the damages.
The Russo&Steele car auction was re-opened on Sunday after the Scottsdale fire marshal give its approval. Most of the car owners were really affected both financially and spiritually by the unfortunate event, but were happy and relieved that no one was hurt. One of the car collectors said that even if he is sad because some of the cars were damaged, none of these amazing cars suffered damages that can not be repaired.
This unfortunate event was unpredictable, because it was all in the hands of Mother Nature. That’s why is very important to be aware of all the possible safety precautions especially when it comes to a large outdoor event. But what’s important it’s that after the Russo&Steele car auction storm damage no one was hurt.
Post tags: Tags: 2010 Russo&Steele Collector Automobile Auction, hagerty insurance, Russo Steele Car Auction Storm Damage