Craig Jackson: The man behind Barrett-Jackson

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SCOTTSDALE, Ariz. -- Barrett-Jackson is more than just a car auction. It's an "automotive lifestyle event."

Craig Jackson, Barrett-Jackson chairman and CEO, gave Scott Pasmore the lowdown on what to expected from this 40th annual event.

“In celebration of this milestone in the company’s history, we’re presenting one of the broadest selections of collector vehicles ever offered for sale at one auction,” Jackson said on the Barrett-Jackson website. “From celebrity collections to cars from some of the most respected automotive enthusiasts in the country, bidders will be impressed with the diversity of vehicles available for purchase at Barrett-Jackson.”