News Bites: Industry News in 100 Words or Less

Jul 10, 2010

​This 1965 Shelby GT350 Fastback will cross the auction block in Des Moines.Mecum Auction to Offer 500 Classic Cars at Des Moines Event

More than 500 collector cars, including a rare 1965 Shelby GT350 Fastback, will cross the auction block during the Mecum Des Moines Auction, July 16-17, 2010, at the Iowa State Fairgrounds.

The Mecum Des Moines Auction will take place in the air-conditioned Varied Industries Building at the fairgrounds. The event is open to the general public, with tickets available at the door for $15. To view a complete list of vehicles that will be auctioned, visit www.Mecum.com.

The Paddock to Liquidate Assets at Auction

The Paddock, a muscle car part distribution center that has been opened since 1965, closed its doors in recent months and will now be auctioning off everything inside the building.

The live auction will be held on-site at the company’s facility in Knightstown, Ohio.

Indianapolis-based commercial auction group Key Auctioneers will be facilitating the auction, which is said to include parts, cars and equipment. The bulk of the inventory will be sold in ten large segmented lots and will be segmented. A large variety of parts will also be sold individually, including sheet metal, gauges and other items.

For more details regarding the auction go to www.keyauctioneers.com/auction_detail.php?id=137739.

SEMA Launches Website to Prevent Illegal Street Racing

In an effort to move drag racing from the streets to the racetrack, SEMA and the Street Performance Council (SPC) have launched an all-new “Racers Against Street Racing” (RASR) website to make it easier for racers to find a listing of sanctioned racetracks.

The goal of RASR is to educate drivers about the dangers of street racing and stunts that put them-and others- at risk of serious injury and death. The site, www.rasr.org, provides individuals with a resource to locate professionally controlled environments in which today’s performance and speed enthusiasts can participate in automotive-related events throughout the United States.