Estate Auction of The Late Russell Dale Phelon

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Jun 22, 2012, 05:34 ET

AIKEN, S.C., June 22, 2012 /PRNewswire/ -- It was announced today that Iron Horse Auction Company, Inc. of Rockingham, N.C. will conduct the auction of the personal racing equipment for the Estate of the Late Russell Dale Phelon on July 10, 2012 at 10:00 am. The auction will include luxury and performance cars from Mr. Phelon's personal collection, such as 1969 Lola Can-Am racecar, 2010 Audi R8 and a pair of late model Chevrolet ZR1 Corvettes. Not to mention a number of Late Model Racecars that Mr. Phelon enjoyed racing. Also included in the auction is all the equipment one could use to compete in any racing division to date.

The auction will be held on site at Phelon Motorsports Services, LLC located at 3980 Richland Avenue West, Aiken, SC. It will also be broadcast live over the internet, for those buyers who are unable to attend in person.

Iron Horse Auction Company, Inc. and its principals are recognized on an international level for their knowledge and experience in the sale of NASCAR racing equipment. They have sold for many of the major teams since 1980 including Digard Racing, Blue Max, Black Diamond, Richard Childress Racing and Holman and Moody.

William B. Lilly, Jr. of Iron Horse states, "It is an honor to represent The Phelon Estate on the sale of this outstanding grouping of Luxury Vehicles, Racecars and racing equipment. This is a rare opportunity for the racing series operators at all levels to buy great equipment."

Tim Schmidt of Phelon Motorsports states, "It is with heavy hearts following the passing of Dale Phelon, that we must close his race shop, Phelon Motorsports Services, and make available his extraordinary stable of race and street cars, along with shop tools and pit equipment. A task made much easier with the experience and professionalism provided by Will Lilly and the crew from Iron Horse Auction Company. They are not even challenged with twenty years of accumulation of parts and spares from both professional and amateur racing series. We are impressed!"

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For further information, go to ironhorseauction.com or call:
800-997-2248

For interviews, contact:
William B. Lilly, Jr. (Will)
Iron Horse Auction Company, Inc.
174 Airport Road
Rockingham, NC 28379
910-997-2248 or 704-985-9300
www.ironhorseauction.com

SOURCE Iron Horse Auction Company, Inc.