After months of threatening to scale back its lucrative Collector Car Auction in Scottsdale in favor of Las Vegas, Barrett-Jackson officials this month are slated to announce the creation of a Sin City event.
Auction representatives said Wednesday they couldn’t release any further details until Oct. 29 on the Las Vegas event, when the company is expected to make a formal announcement at the Mandalay Bay Hotel & Casino.
In May, auction CEO Craig Jackson gave Scottsdale an ultimatum — that the city either make concessions in negotiating a 20-year deal to keep the auction at WestWorld, or the local event could be scaled back to focus on a new Las Vegas event. But city spokesman Pat Dodds said on Wednesday that Barrett-Jackson’s announcement is good news because it means growth for a Scottsdale-based business.
Barrett-Jackson representatives would not comment on whether the Scottsdale event would be scaled down in light of the Las Vegas announcement.
The Scottsdale auction, Jan. 12-20, is given wall-to-wall coverage on cable television. This year, the auction attracted more than 250,000 people.
Affluent attendees may bid on extravagantly priced, rare vehicles. Their money flows into local hotels, restaurants, retailers and entertainment venues.
Jackson has said repeatedly that talks with Scottsdale officials on a long-term agreement to keep the auction at WestWorld have reached an impasse since the city dropped an $80 million multiuse building at WestWorld from this year’s budget, refused to sell Jackson land to build his own auction house there and declined to open up nearly 80 acres for parking.