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Old 07-15-2015
Saleen Forums News Saleen Forums News is offline
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Default Assets & IP for S7, S7R, S5S head to auction

Note from SOEC Staff: This announcement is not related to Saleen Automotive in Corona, CA. Hancock Park Associates, primary holder of Saleen Inc from 2004-2008, retained these assets through bankruptcy while parts and vehicle inventory were sold to MJ Acquisitions back in February 2009.



GA Global Partners Offers a 'Once-in-a-Lifetime' Opportunity to Purchase the Assets and Intellectual Property of the Saleen S7, S7R and Saleen S5S Raptor Supercars

By: GA GLOBAL PARTNERS on July 14, 2015 07:48 AM EDT

WOODLAND HILLS, CA - (Marketwired - July 14, 2015) - GA Global Partners will be offering for sale the assets and intellectual property of the Saleen S7, S7R and S5S Raptor with a Date Certain Private Treaty Sale. The sale will include all remaining inventory, parts, memorabilia, molds, designs and intellectual property related to the Saleen S7, S7R and the Saleen S5S Raptor.

Included in this unique offering are six remaining chassis/frames for the Saleen S7 and S7R, and the one-of-a-kind concept car for the never-produced Saleen S5S Raptor.

"These prized assets have been kept in safe storage for the past five years which makes this a truly rare and historic opportunity to own all assets and rights to the first 'Great American Supercar,' and allow a new owner to continue the legacy with the S5S Raptor," said Adam Alexander, CEO of GA Global Partners.

The street-legal Saleen S7 was introduced in 2000 and was followed by the S7R racing version in 2001. The S7R won nearly 30 poles and set 27 fastest laps at several tracks, including the 24 Hours of Le Mans. The Saleen S5S was unveiled at the New York International Auto Show in 2008 but was never produced.

The Saleen S7 has been featured in numerous blockbuster movies like Bruce Almighty, Need for Speed, and Iron Man and has been covered extensively by the media and automotive magazines. The Saleen S7 and S5S Raptor have also been featured in top-selling video games, including, Asphalt, Forza, Midnight Club, and Gran Tourismo.

Prospective purchasers are encouraged to visit GAAuction.com for more information, photos and bidding details.

About GA Global Partners:
Across virtually every sector of the economy, at every stage of the business life cycle, GA Global Partners helps companies to realize the maximum value of their assets. In business for more than 40 years, our company and team of trusted professionals have developed unparalleled expertise at assessing the value of assets in a variety of businesses and, when necessary, managing the sale of those assets. For more information, visit www.gaauction.com or call (818) 340-3134.

GA Global Partners is the Auction Division of Great American Group LLC which is a subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), a diversified provider of collaborative financial and business advisory services through several subsidiaries, including: B. Riley & Co. LLC, a leading investment bank which provides corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients; Great American Group, LLC; B. Riley Capital Management, LLC, an SEC registered Investment Advisor, which includes B. Riley Asset Management, a provider of investment products to institutional and high net worth investors, and B. Riley Wealth Management (formally MK Capital Advisors), a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families; and Great American Capital Partners, a provider of senior secured loans and second lien secured loan facilities to middle market public and private U.S. companies.

B. Riley Financial, Inc. is headquartered in Los Angeles with offices in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc., visit www.brileyfin.com.

Media Contact:
Jackie Reau
Game Day Communications
(513) 929-4263
jreau@gamedaypr.com

[Source: GA Global Partners]
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  #2  
Old 11-04-2015
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Default Auction: Saleen S7, S7R & S5S Raptor




Saleen S7, S7R & S5S Raptor

Photo Gallery

Timed Online Auction
Date: Bidding Closes November 18, 2015
Time: 10:00am PST

Location: Sun Valley, CA
Inspection: November 16 & 17 - 10:00am - 4:00pm each day

NOTE:
This sale offering is for the Assets and Intellectual Property of the Saleen S7, S7R and S5S Raptor and are being sold by the current owner and is not related to or affiliated with Saleen Automotive Inc.

The Saleen Name and Trademark are owned by Saleen Automotive Inc.

Saleen Automotive Inc does not have any ownership in the Saleen S7, S7R and S5S Raptor Assets and IP and are no way connected to this offering.



Description
GA Global Partners is offering for sale the Assets and Intellectual Property of the Saleen S7, S7R and S5S Raptor at online auction. The sale will include all remaining inventory, parts, memorabilia, molds, designs and intellectual property related to the Saleen S7, S7R and the Saleen S5S Raptor.

Included in this unique offering are six remaining chassis/frames for the Saleen S7 and S7R, and the one-of-a-kind concept car for the never-produced Saleen S5S Raptor.

These prized assets have been kept in safe storage for the past five years which makes this a truly rare and historic opportunity to own all assets and rights to the first ‘Great American Supercar,’ and allow a new owner to continue the legacy with the S5S Raptor

The street-legal Saleen S7 was introduced in 2000 and was followed by the S7R racing version in 2001. The S7R won nearly 30 poles and set 27 fastest laps at several tracks, including the 24 Hours of Le Mans. The Saleen S5S was unveiled at the New York International Auto Show in 2008 but was never produced.

The Saleen S7 has been featured in numerous blockbuster movies like Bruce Almighty, Need for Speed and Iron Man and has been covered extensively by the media and automotive magazines. The Saleen S7 and S5S Raptor have also been featured in top-selling video games, including, Asphalt, Forza, Midnight Club, and Gran Tourismo.

Click Here for Complete Terms and Conditions of Sale

Terms of Sale are summarized below. Please review and bid accordingly.
• A 18% Buyer’s Premium will be added to your bids
• Accepted forms of payment: CASHIER’S CHECK OR WIRE TRANSFER ONLY. NO CREDIT CARDS, NO PERSONAL CHECKS.
• All invoices must be PAID IN FULL by close of business the day following auction completion.
• REMOVAL: Typically, three days following the close of auction, please Email us with any questions or concerns specific to each event.
• All items are sold AS-IS, WHERE-IS. All sales are final – NO REFUNDS, RETURNS OR EXCHANGES
• Local sales tax will apply. To claim exemption, fax your valid, LOCAL and SIGNED resale certificate to 818-884-3561, or Email us. Reference your USER ID/BIDDER NUMBER on the fax.
• If you are claiming exemption, you may deduct sales tax from your payment, exemption documents must be provided when items are removed. Exemption claims will not be considered once payment has been made and items have been removed.
• Out-of-state shipments are exempt from tax if shipped directly from the auction site and a BILL OF LADING is provided.

Transportation & Logistics
• All buyers are responsible for the items purchased at the auction. Below is a list of companies that can assist you with shipping those items. Please contact them directly for scheduling and pricing.
• It is your responsibility and the responsibility of your shipping agent to coordinate removal procedures and schedules with the company selling the assets (equipment) prior to removing the equipment.
• All the equipment must be paid for in full before a release will be given for the removal of the equipment.
• If there are any questions or errors regarding the equipment, you must contact the auctioneer prior to removing the equipment. Once the equipment is removed, you assume all responsibilities.

These shipping company names are provided for your convenience, you are not required to use these companies.

Pack and Ship Companies
• Adcom Worldwide Services – Tel: 800.370.7700
• Craters and Freighters – Tel: 800.736.3335
• Freight Logistics – Tel: 720.377.9460
• Moveit Specialized Logistics – Chad McDermott • Tel: 800.831.0030 x17
• Navis Pack & Ship – Tel: 800.344.3528 for locations
• Pioneer Transfer – Tel: 402.564.390

Rigger & Transportation
• Advanced Riggers & Millwrights Off: 951-361-9187 (ask for Frankie)

[Source: Great American Global Partners, Inc.]
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  #3  
Old 11-21-2015
Specracer Specracer is offline
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Join Date: Feb 2013
Location: SE MA
Posts: 398
Default

Did anyone catch the results? I was registered, but all lots were bought together nullifying any bids on individual items. Honestly kind of a strange way the auction company handled it.
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