Level 5 Cars, Equipment Go Up for Auction

Photo: Darin Schnabel/Auctions America

Photo: Darin Schnabel/Auctions America

Eleven of Level 5 Motorsports’ race cars and equipment comprising of 350 lots will go up for auction next month in Auburn, Ind., as part of a court-appointed sale of items from the Scott Tucker-owned team.

Auctions America has been commissioned for the sale, set to take place on May 11-13, that will see the majority of the team’s equipment go on the block, all at no reserve.

The four-time American Le Mans Series championship-winning team, which also claimed GT Daytona class victory in the IMSA WeatherTech SportsCar Championship series-opening Rolex 24 at Daytona in 2014, ceased operations following multiple Federal charges against Tucker in a payday lending scheme.

Tucker, who was indicted by the U.S. Attorney for the Southern District of New York on fraud and racketeering charges, owes more than $1.2 billion to the Federal Trade Commission for allegedly deceiving customers in lending terms.

A trial, which was set to begin on Monday in Manhattan, has since been delayed until Sept. 11. Tucker, along with lawyer Timothy Muir, pled not guilty to the charges.

The Level 5 equipment up for auction currently takes the space of a 20,000 square-foot warehouse, ahead of next month’s sale.

“What immediately strikes you about the former Level 5 Motorsports Collection is its sheer magnitude,” said Barney Ruprecht, Car Specialist, Auctions America.

“It is incredibly rare to see such a diverse assortment of race cars, equipment and spare parts, all offered without reserve at one time.

“From enthusiasts to professional teams, there’s something for every class of racer, whether competing at an amateur level or looking to field multiple cars at the track.”

More details on the items up for auction can be found here.

25 Comments

  1. Bog Hammer

    April 13, 2017 at 8:42 pm

    Is this guy out on bail……Flight risk lol

  2. Paul

    April 13, 2017 at 9:25 pm

    Karma is a bitch. Tucker lived the high life on the backs of a lot of hard working people for a number of years. Hopefully, it will all come back to bite him in the ass.

  3. JeffB

    April 13, 2017 at 11:03 pm

    I told you so.

    Many people were glad Tucker and his cars were in the series at a time when car counts were low, but I was so turned off by how he came about his money, which was known during his racing career, his self-aggrandising way, his ability to never be a part of the mandatory autograph session, the flaunting of his wealth, the less than sporting way they conducted their racing activities and just the horrible bad vibe given off by being the one and only race team I have ever seen with armed security guards patrolling their paddock space.

    Every driver who took his money to feed their speed habit and looked the other way knowing where the money came from is a lesser person in my eyes.

    • RacerJason

      April 13, 2017 at 11:34 pm

      Are you an idiot? Nobody held a gun to the loan seekers heads. If you don’t read the fine print it’s your own fault. I worked likely 100 ALMS races and never saw Scott miss an autograph session, although he was late occasionally. And security is pretty much the norm these days. You walk around any pro paddock at midnight and you’ll see 1-2 guards staking out each team. One year at Mid-O almost every ALMS and PWC team had something stolen. Scott was a very private person and this left him appearing as some egotistical maniac. Sorry if he rubbed you the wrong way and to the others who don’t know how to read and understand the ramifications of an agreement to hose them.

      • TroySowers

        April 13, 2017 at 11:53 pm

        I agree Jason. Nothing Scott did was wrong and I sure hope he can get his way out of this mess. The only times I remember him missing autograph sessions was when he was out on track competing in GT3 cup or IMSA lites. Sad to see Level 5 go, I doubt we will ever see a team of that nature built from the ground up in so little time for quite awhile. I would kill to own not only the cars but the pit equipment as well.

        • RootedforTucker@RoadAmerica

          April 14, 2017 at 10:10 am

          Sorry but the US Attorney and Federal Trade Commission seem to think that he did in fact do something wrong! They don’t just pick names out of a hat to investigate! I guess we’ll just have to see how the trial goes!

        • Paul

          April 14, 2017 at 10:16 am

          When you hose many people over and over and over again, you can find the money to have a team “built from the ground up in so little time”.

          If I robbed a bank tomorrow and got 10 million, I could build up quite a team to run in the IWSC series too!

      • Bakkster

        April 14, 2017 at 10:01 am

        “If you don’t read the fine print it’s your own fault.”

        Not according to the federal Truth In Lending Act, which is one of several federal (and state) laws Tucker is accused of violating. Lenders aren’t allowed to hide significant details in the fine print, especially if it’s the difference between 30% interest and 185% interest…

        • Paul

          April 14, 2017 at 10:13 am

          Exactly. Besides. Even the aspects of his business that were “legal” doesn’t mean they were moral. Often a big gap between what is legal and moral.

          I met the guy at Mosport. Briefly. Seemed nice enough. Then, when I found out exactly how he was getting his money, it made me sick to my stomach.

          Sorry. “Nothing Scott did was wrong and I sure hope he can get his way out of this mess” is just complete B.S.

          NAIL HIS ASS, PLEASE!! I don’t care how “nice” he was. I am sure Zohgaib, Field, etc were all nice too! Bottom line is. Tucker is a shyster. NAIL HIS ASS!!

          • Bakkster

            April 14, 2017 at 10:36 am

            If they were legal but amoral, then at least the above to commentators would have a point. But if they’re illegal then it doesn’t matter.

            Remember, Tucker is a convicted felon. He spent a year in Leavenworth for felony mail fraud. He might be nice at the paddock, but that shouldn’t cause us to gloss over illegal activities.

      • oh the poor widdle victims....

        April 14, 2017 at 5:07 pm

        I agree Jason but apparently we have a lot of victim mentality on this board.

        Waaaaaaahhhhhhhh.

        Buncha crybabies.

        • Paul

          April 15, 2017 at 10:26 pm

          Well, last time I heard, STEALING was illegal. And when you misrepresent 30 percent when it’s 185 percent, THAT IS STEALING!! So, it has nothing to do with victim mentality.

          If a victim is swindled, then…yes…I have victim mentality, and plenty of it. A shyster, is a shyster, is a shyster. Put as much veneer as you want on it, what he did should make anyone with a conscience sick to their stomach.

        • Andy Flinn

          April 19, 2017 at 4:07 pm

          Oh, you seem to think Tucker is a victim.

      • The Brad

        April 14, 2017 at 5:50 pm

        Pretending time and time again to be affiliated with an Indian Tribe to get special treatment, then violate Usury Laws.

        LOANSHARK gets his due, say bye bye to your toys you crook. Pretending to have wealth and prestige, money stolen from the hardworking commoners.

    • Joe

      April 14, 2017 at 11:47 am

      …somebody actually wanted Tucker’s autograph?

    • Max B

      April 18, 2017 at 2:43 pm

      Do you know how many billionaires out there are crooks? Tucker got caught just like a few others. At least he raced his cars when ALMS fields were very thin and Tudor was now starting with an uncertain future. I am glad he did, regardless of his personal quirks which now is now a disaster for him.

  4. Susafan

    April 14, 2017 at 3:23 am

    I’d buy an ARX put the 3.5 Turbo in it and go HillClimb

    If I had the money…

  5. Ron Mills

    April 14, 2017 at 5:54 am

    Total shyster!-I hope they hang him out to dry,but it’s unlikely….here in Canada,he’d prob. wind up doing house arrest or community hours.

  6. NaBUru38

    April 14, 2017 at 1:32 pm

    There’s some major bargains, like a Ferrari 430 Rolex GT starting at 125k.

    • Andy Flinn

      April 14, 2017 at 3:24 pm

      Is he required to auction off the trophies?

  7. Jonathan Tuttle

    April 16, 2017 at 12:55 pm

    He is accused (and probably guilty of) lying to consumers about the details of the loans he was making. The victims are the people who took out the loans not the the prick who profited from them you bunch of rich defending cry babies.

  8. Tincanz

    April 18, 2017 at 9:59 am

    That folks actually thought a liar and a cheat would be honest on the race track are the ones who are naïve and blinded by glitter. How does a nobody win everything he finishes? Aside from being named Jim Clark, it’s called cheating.

  9. Dave

    April 20, 2017 at 1:34 am

    $1.2 billion? Unreal! Nothing here. Move along.

  10. Joe Andrews

    April 28, 2017 at 1:37 pm

    Tucker lovers here voted for trump and would vote for Charlie Manson for serving their selfish needs.

  11. Davidd

    May 12, 2017 at 12:00 am

    What a complete mess of an auction. The prices that things sold for were incredibly high. I suspect shill bidders too.

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