Scottsdale, Arizona (June 21, 2016) – Following an incredible 3 days of cars and camaraderie at the beach at the fabulous Newport Dunes Waterfront Resort, Russo and Steele Collector Automobile Auctions is extremely pleased to announce an outstanding sale result of $6.3 Million!

'Once again, for our 4th consecutive year, the outstanding collector car community in Orange County as well as its surrounding areas have proven their commitment to Russo and Steele's Newport Beach event, and us in turn have proven our commitment to them', remarks Russo and Steele President and CEO Drew Alcazar. 'Newport Beach has really become a very special event with a great deal of extended camaraderie felt between not only its local attendees, but also those that have recognized what an excellent destination event we have collectively created. We couldn't be happier with the results of this ever expanding partnership. A huge thank you is due to all those that participated!'

Notable Newport Beach 2016 sales include:

2006 Ford GT – $292,600

2006 Mercedes-Benz SLR – $225,500

1979 Porsche 930 Turbo – $214,500

1988 Ferrari Testarossa - $162,250

1995 Land Rover Defender 90 - $110,000

For more information on Newport Beach's stellar results and information on all upcoming Russo and Steele events, please stay tuned and be sure to keep your eyes on www.russoandsteele.com.

Next, we head up the Pacific Coast for one of the world's most critical automotive lifestyle destination events: Monterey Car Week 2016! Celebrating 16 years and once again on the waterfront near historic Fisherman's Wharf, centrally located in the heart of beautiful downtown Monterey, Russo and Steele presents the hottest nights in Monterey August 18-20. To market your collector automobile the best way, be sure to contact our friendly and expert Consignment Specialists now for the many advance marketing and promotional opportunities to maximize your sale result!

For Enthusiasts – By Enthusiasts. ™ At Russo and Steele Collector Automobile Auctions, it's far more than a tagline. It's our lifestyle! For further supporting documentation, high-resolution images, or more advance information about the Russo and Steele Newport Beach 2016 auction event, please contact darin@russoandsteele.com

About Russo and Steele Collector Automobile Auctions

For Enthusiasts by Enthusiasts™. It's not just a tagline – it's our lifestyle! As one of the nation's premier collector-car auction houses, Russo and Steele continues to innovate, set new records, and attract clients worldwide. In addition to offering stellar collector automobiles, our thrilling 'auction in the round' experience and passion are simply unattainable anywhere else. Auctions include our signature event in Scottsdale, Arizona every January, followed by Newport Beach, California in June, and Monterey, California in August.