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Leake Racks up $10.3 Million in Dallas During Dallas Auction

Leake Auction Company racked up $10.3 million in sales during their spring auction in Dallas Market Hall, April 21, 22 and 23. The three-day auction featured 493 vehicles on two turntables, with 66 percent of the vehicles sold. Auctioneer Jim Richie sold the auctions top seller, a 2014 Ferrari LaFerrari for $3.7 million with the buyer’s premium, the most expensive vehicle sold by the company in their 45-year history.

Leake kicked off Friday afternoon with 176 vehicles crossing the auction block. The film crew from Fast N Loud was there to film Ricard Rawlings selling his 1970 Chevrolet Camaro Stock Car, which was Brewster Baker’s race car in the 80’s movie Six Pack, selling for $19,525. When the auction concluded Friday evening, bidders and consignors were invited to an exclusive party at Gas Monkey Live, hosted by Rawlings.

“The crowd was buzzing when the 2014 Ferrari LaFerrari pulled up on the turntable,” said Richard Sevenoaks, president of Leake Auction Company. “It is a stunning vehicle that is extremely rare, generating more excitement than any car we have ever sold. This is only the fifth time one has been available in an auction and we are very pleased with its performance.”

“We were honored to offer a beautiful selection of cars from the David and Laura Williams Collection on Saturday,” said Richard Sevenoaks, president of Leake Auction Company. “David is well known throughout the industry for the caliber of cars he collects. His collection reflects his eye for collectibles.”

Reflecting on another successful auction, Sevenoaks continued, “Mr. Leake would be proud of the many accomplishments we have made since our inception in 1972. We have come a long way since we started on a strip of grass in Muskogee, Oklahoma!”

Top sellers include (with the buyer’s premium):

For more information about the Dallas sale or to consign to the upcoming Tulsa sale, June 9-11, visit their website at www.LeakeCar.com or call 918.254.7077.

Results from the Dallas Spring auction can be viewed here. Photos of the cars mentioned above may be downloaded by clicking here.

Leake Auction Company was established in 1972 by James C. Leake, Sr. as one of the first car auctions in the country. Forty-five years later three generations of the Leake family continue to carry out the principles Mr. Leake founded the company on: quality, respect and loyalty to the business. Currently Leake conducts four auctions a year in Tulsa, Oklahoma City and two in Dallas.

Media Contact: Jennifer Tetley, jennifer@leakecar.com or 918.254.7077.

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