Russo and Steele

{{Short description|Collector and classic car auction company}}

{{Infobox company

| name = Russo and Steele Collector Automobile Auctions

| logo =

| type =

| genre =

| foundation = Scottsdale, Arizona
(2001)

| founder = Drew and Josephine Alcazar

| location_city = Phoenix, Arizona

| location_country = US

| location =

| locations =

| area_served = Scottsdale, Arizona Monterey, California Newport Beach, California

| key_people = Drew Alcazar,
CEO

| industry = Collector Automobile Auctions

| products = Collector Automobiles

| services = Auctions, Restorations, Events, Entertainment

| revenue =

| operating_income =

| net_income =

| owner = Drew and Josephine Alcazar

| num_employees =

| parent =

| divisions =

| subsid =

| homepage = {{url|russoandsteele.com}}

| footnotes =

}}

Russo and Steele is an American collector and classic car auction company that is headquartered in Phoenix, Arizona.{{cite web|title=Russo and Steele Scottsdale 2013 – Auction Results|url=http://www.sportscardigest.com/russo-and-steele-scottsdale-2013-auction-results/|publisher=Sports Car Digest|accessdate=22 May 2014}}{{cite web|title=Cars to watch at Russo and Steele in Scottsdale|url=http://www.autoweek.com/article/20140116/carnews01/140119864|publisher=AutoWeek|accessdate=22 May 2014}} The company specializes in the sale of European sports cars, American muscle cars, hot rods and customs.{{cite web|last=Rabold|first=Brian|title=Auction Results: Russo and Steele's 2013 Scottsdale Sale |url=http://www.hagerty.com/articles-videos/Articles/2013/02/04/Russo-in-Scottsdale|publisher=Hagerty|accessdate=22 May 2014}}{{cite web|last=Ramey|first=Jay|title=Russo and Steele gears up for Monterey|url=http://www.autoweek.com/article/20130815/PEBBLEBEACH/130819897|publisher=AutoWeek|accessdate=22 May 2014}} The company was founded in 2001 by Drew and Josephine Alcazar. The company held its first events in Scottsdale, Arizona and in Monterey, California. The company has since added auctions in Amelia Island, Florida.[https://journal.classiccars.com/2018/01/22/russo-steele-plans-amelia-island-sale/ " Two New Auctions for Russo and Steele"], Sports Car Digest, 2013-01-23. Access date 2014-05-21] Typical auctions are held in outdoor locations where prospective bidders can inspect and bid on cars directly in an "auctions in the round” format.{{cite web |last=Carpenter|first=Susan|title=Russo and Steele auction a car collector's dream |url=http://www.ocregister.com/articles/russo-513725-auction-steele.html |publisher=OC Register |accessdate=22 May 2014}}{{cite book|last=Hardy|first=Jerome|title=A French Line on the Arizona Auctions|date=April 2008|publisher=Sports Car Market magazine|pages=36–37|url=https://books.google.com/books?id=FGGIkU4K1bgC&dq=%22Russo+and+Steele%22&pg=PA37}}

At a 2010 event, an 800-foot-long auction tent fell over due to strong winds, striking several cars and causing an estimated $1.5 million in damages.{{cite web|title=Russo and Steele car auction estimates $1.5M in damage|url=http://www.azcentral.com/community/scottsdale/articles/2010/01/22/20100122storm-hits-scottsdale-car-shows-CR.html |publisher=AZ Central|accessdate=22 May 2014}} A reality show on ESPN aired following the storm documenting the company's recovery.