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Kruse International was an auction firm founded by Russell Kruse in Auburn, Indiana, in 1952.The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
In 1979, Kruse left the collector car business to focus on local auctions and real estate. A 1964 graduate of the Reppert School of Auctioneering in Decatur, Indiana , Kruse served as president of the auction school , from his purchase of the school in 1996, until its sale to the Christy family in Indianapolis in 2011.
The auction was originally meant as a one-time event, [9] but was more successful than expected, garnering 3,000 attendees. It became an annual event, [6] and eventually prompted the creation of other collector car auctions in the Scottsdale area. [10] Jackson's wife Nellie was a car enthusiast and also took part in the business. [11]
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
The Lotus 38 was the first rear-engined car to win the Indianapolis 500, in 1965, driven by Jim Clark.It was run by Lotus at Indianapolis from 1965 to 1967; a total of 8 were built, most for use by Lotus, but several were sold for use by other drivers, including A. J. Foyt and Mario Andretti.