National Press Release

Legendary Ferrari Joins Stellar List of 100 Consignments Including 1960 Ferrari 250 GT California Spider Estimated to Sell for $5-7 Million

SANTA MONICA, Calif., Jan. 12 /PRNewswire/ -- Gooding & Company is pleased to announce the addition of a unique piece of Ferrari history for its Scottsdale Auction on January 17, 2009 - the 1960 Ferrari 250 GT SWB Competizione. Complete with its original engine and alloy bodywork, the Short Wheelbase Berlinetta is widely considered to be one of the finest and most authentic examples of its kind.

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"The Ferarri Berlinetta is a wonderful way to cap our tremendous list of consignments for this year's Scottsdale Auction," says David Gooding, founder and president of Gooding & Company. "From the extraordinary vehicles of the VanKregten Estate to the Pebble Beach Concours d'Elegance Best-of-Show Winning 1932 Daimler Double Six Sport Saloon, the quality of the vehicles available at our auction is remarkable."

The Ferrari is in addition to the extremely rare and original, covered headlight 1960 Ferrari 250 GT SWB California Spider from the renowned VanKregten Estate, which is expected to sell at the Gooding & Company Scottsdale Auction for $5-7 million and is being sold without reserve. Gooding & Company is offering this collection of exceptional, recently discovered vehicles that include exciting examples of both automobiles and motorcycles. More than 20 vehicles from the impressive VanKregten Estate will be sold.

The Gooding & Company Scottsdale Auction preview days will be held on January 15th and 16th. The January 17th auction will take place in downtown Scottsdale, adjoining the Scottsdale Fashion Square. Bidder registration forms, press credentials and additional auction information are available on http://www.goodingco.com.

Gooding & Company provides unparalleled service for those in the collector car market, offering a wide range of services, including private and estate sales, appraisals and collection management. As the official Pebble Beach auction company for the annual Pebble Beach Concours d'Elegance, the company sold more than $64 million worth of collector automobiles in August 2008.

SOURCE Gooding & Company