HutchBSR Racing Parts and Equipment Assets to Be Sold at 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.
PPG-Painted ‘Project American Heroes’ Classic Chevelle Auctioned for $250,000
Proceeds benefit Armed Forces Foundation.
Federated ‘Dream Car’ Winner Chooses Mercedes SL500 at Nationally Televised Auction
Michael Berger, owner of Newport Auto Center in Wilmington, Del., was the grand prize winner of the Federated Auto Parts-Standard brand Oxygen Sensors “Dream Car Sweepstakes.” He received an all-expenses-paid trip for two to the Florida auction, plus $15,000 to spend on the car of his dreams: a 1992 Mercedes SL500.
MD Investors Acquires Most of Metaldyne’s Assets at Auction
MD Investors is a new company formed by a coalition of Metaldyne’s existing term lenders led by The Carlyle Group, a well-respected private equity firm, and Solus Alternative Asset Management LP, an SEC-registered investment adviser.
Delphi Provides Update on Auction Results and July 29 Plan Modification Hearing
Pure credit bid from JPMorgan Chase designated as ‘successful bid’; GM-Parnassus bid designated as ‘alternate transaction.’
Delphi Auction Rescheduled to July 24; Creditors Withdraw Objections
The Bankruptcy Court for the Southern District of New York has rescheduled Delphi’s auction previously scheduled for July 21 to Friday, July 24, and will now commence the hearing on Delphi’s Modified Plan on July 29.
GlobalAutoIndustry.com Launches Online Auction Service
New program to help companies liquidate excess inventory.
SEMA Holds Charity eBay Auction to Benefit Childhelp and Victory Junction Gang Camp; Auction Ends Friday
DIAMOND BAR, Calif. — During last year’s SEMA Installation Banquet, SEMA held a series of activities to raise funds for two worthy charities: Childhelp and Victory Junction Gang Camp. More than $175,000 was donated to the two groups. This year’s SEMA Installation Banquet & Gala Fundraiser will be held on July 25 in Irvine, Calif.
Carpentier Helmet Auction Raises Nearly $2,000 for Charity Cars Campaign
SAN ANTONIO – The bidding has closed on the auction of a helmet worn by Patrick Carpentier during the April 20 NASCAR Nationwide Series race. The proceeds from the auction, almost $2,000, were donated to the Auto Value/Bumper to Bumper Charity Cars Campaign. The helmet, a one-of-a-kind scheme, was worn by Carpentier as he took
Champ Car World Series Goes Up for Auction
After years of two competing open wheel champ car racing series in the U.S., only one Indy-type series remains standing: the Indy Racing League. The assets of Champ Car World Series, LLC, which filed bankruptcy earlier this year, will sell to the highest bidders at auction early next month. Gallivan Auctioneers, of Speedway, Ind., have been approved by the U.S. Bankruptcy Court to liquidate all remaining assets of Champ Car. The sale will include pace cars, race car transporters, race cars, shop equipment, scoring and timing equipment, memorabilia and more.