Larry Stephen Hedrick, 79, of Statesville, passed away Monday August 31st,
with his family by his side following a battle of Acute Leukemia. Larry was
born December 12, 1940 in Iredell County and was the son of the late P.P.
Hedrick & Grace Johnson Hedrick. He is survived by Sue Goforth Hedrick, his
wife of 58 years, his son Chris Hedrick; his daughter Suzanne Hedrick
Osborne (Derek); four grandchildren, Brandon Hedrick, Bradley Hedrick,
Taylor Osborne, Nicole Osborne; and sister Vickie Hedrick Bennett.
Larry enrolled in the Newport News (VA) School of Ship Construction
following graduation from Harmony High School to study hull structure and
design. He served as a hull structure designer for several years before
returning home to work in NC with his father-in-law, Dwight Goforth in his
farm machinery business.
While attending a farm machinery auction, Larry became interested in the
inner workings of the auction business. He commented “I believe I could do
that” to his father in law Dwight, to which he replied back “Check it out”.
Larry quickly enrolled in the next class of 1967 at Missouri Auction
School. He soon became an Auctioneer at High Point Auto Auction. Together
Dwight and Larry started Tarheel Auction & Realty in 1967 and conducted
100’s of auctions over the years in Farm Machinery, Business Liquidations,
Estates and Real Estate Auctions. Larry was appointed to the founding
licensing board in 1973 for the NC Association of Auctioneers and helped
establish the original laws. He holds NC Auctioneer license # 4.
Together, Larry & Dwight dreamed of starting their own auto auction
company. That dream became a reality when they purchased land and built the
Statesville Auto Auction in April 1976. As a member of the National Auto
Auction Association, he was elected President from 1991-1992. In 1993 they
sold the auction to Manheim Auctions, the highest volume automobile auction
company in the world. He was honored to be later inducted into the
National Auto Auction Association Hall of Fame in 2004.
Deeply involved in the community of Iredell County, Larry honorably served
on the Board of the Iredell County Commissioners, (Vice Chairman 1972-1974)
and Chairman (1984-1990);
In 1990 Larry formed Larry Hedrick Motorsports, a NASCAR race team, and
fielded his first Winston Cup race car. The team competed full time in the
circuit until 2000.
In 1993 Larry purchased the Spartanburg Phillies, a minor league baseball
team, which later became an affiliate of the White Sox, and was renamed
the Kannapolis Intimidators which honored Dale Earnhardt.
Larry was very active in many charities & fundraisers serving as lead
Auctioneer over the years including the Speedway Children’s Charities,
Heart Ball Association, Grandfather Home for Children, RJ Reynolds Winston
Cup Preview & Media Day, Field of Dreams, Hospice of Iredell County, High
Country Charitable Foundation and many more.
In his spare time, Larry enjoyed playing golf with his many longtime
friends at the Elk River Golf Club, The Dunes & Statesville Country Club.
Larry spent the last years of his life enjoying his grandchildren & being
actively involved in his family businesses, Statesville Collision Center
and Tarheel Realty. He was a member of First Baptist Church for over 50years,
former deacon, choir member, and lifetime member of the Pioneer Sunday School Class.
A Celebration of Life will be held on September 11, 2020 at 11am at First
Baptist Church in Statesville, followed by a graveside burial at Oakwood
Cemetery with Masonic rites. The service will be officiated by Dr. Nelson
Granade & Dr. Jeff Porter. The church is requesting all who attend the service
to wear a mask. Due to limited seating, overflow seating will be available in the Family Life Center.
In lieu of flowers, memorials may be made to First Baptist Church
Statesville 815 Davie Ave, Statesville NC 28677; Samaritan’s Purse PO Box
3000, Boone NC 28607; Shriners Hospital for Children, 950 W. Farris Rd,
Greenville SC 29605.
Online condolences may be sent to the family at www.troutmanfuneralhome.com
The family has entrusted Troutman Funeral Home in Troutman, NC with the
To send flowers to the family or plant a tree in memory of Larry Stephen Hedrick, please visit our floral store.
First Baptist Church
815 Davie Ave., Statesville NC 28677
PO Box 3000, Boone NC 28607
Shriner's Hospital for Children
950 W. Faris Rd., Greenville SC 29605