CONCORD, N.C. -- It was announced this week that the remaining racing parts and equipment inventory of HutchBSR Inc. of Concord, N.C., will be sold in an online auction.

HutchBSR was a major supplier of automobile and truck racing parts and accessories in the United States. The company’s ownership recently decided to devote their time to other interests and have contracted with Iron Horse Auction Co. Inc. to conduct the auction.

Assets included in the auction are $2.5 million plus in new racing parts, including chassis, safety, electrical, plumbing, fluids and more from many of the most recognized manufacturers; parts bins and shelving; office equipment and a Volvo road tractor.

According to Tom McInnis of Iron Horse, this online auction represents the largest marketing event for auto and truck racing assets ever held in America.

"The brands and manufacturers included represent the best in the racing world. We expect worldwide participation for this event," McInnis said.

The auction will begin at 1 p.m. on Oct. 6 and will run until 1 p.m. on Oct. 22. Registration and bidding will take place on the Iron Horse Auction Co. website.