Santa Monica, CA. December 11, 2007 –-Gooding & Company, the acclaimed record-breaking auction house, will be expanding its auction portfolio to host its first-ever Scottsdale Auction. The select line-up of cars to be auctioned will be on display to the general public on Thursday, January 17, 2008 and Friday, January 18, 2008 from 9:00 AM – 6:00 PM, and on Saturday, January 19, 2008 from 8:30 AM – 10:30 AM. The auction will be held on Saturday, January 19, 2008 at 11:00 AM at North 68th Street and East Camelback Road adjoining Scottsdale Fashion Square. The site is conveniently located in downtown Scottsdale, directly adjacent to Neiman Marcus.

Following the $61 million record-breaking auction success at the Pebble Beach Concours d’Elegance last August, Gooding & Company decided to bring its sophisticated style and customized service to the January classic car auctions in Scottsdale. Consignments to Gooding & Company’s Scottsdale Auction include the 1959 Ferrari 250 GT LWB California Spider, the famous 1934 Packard Eisenhower/Nimitz Parade Car and the 1941 Loewy Continental Coupe. Other noteworthy cars among the 70 expected to cross the block are a 1956 Ferrari 250 GT Boano Alloy Coupe, a 1959 Aston Martin DB4GT, a 1932 Packard Model 904 Convertible Victoria by Dietrich, a 1936 Duesenberg Clear Vision Sedan by Murphy and a 1971 Ferrari 365 GTS/4 Daytona Spider.

“We are delighted to be presenting our debut Scottsdale auction and know that Gooding & Company will be filling a segment of the classic car market that isn’t already being served,” commented David Gooding, President of Gooding & Company. “Gooding & Company will bring to Scottsdale its superior client services, team of experts and the quality of vehicles our company has become known for selling.”

Gooding & Company’s star car at the Scottsdale Auction will be the 1959 Ferrari 250 GT LWB California Spider. This vehicle is one of only fifty long-wheelbase California Spiders ever produced. Following a comprehensive restoration by Paul Russell & Company, this Ferrari 250 GT won several important awards, including First in Class at the Amelia Island Concours d’Elegance in 2001. Gooding & Company sold a similar Ferrari California Spider at the 2007 Pebble Beach Auction for $4,455,000.

Another highlight of the Gooding & Company Scottsdale Auction is the Packard Super 8 1104 Touring, a car that was equated with wealth and good taste in 1934. The 11th Series 1934 Packard that Gooding & Company is offering boasts an elaborate history. Originally owned by Michael Salvato, who ran against Franklin D. Roosevelt in the 1940 Presidential election race, this automobile has provided transportation for numerous dignitaries. On January 17, 1948, General Dwight D. Eisenhower paraded down the streets of Philadelphia in this Packard on his way to pay his respects at the graveside of Benjamin Franklin. General Wainright, Admiral Nimitz, King George II of Greece and General Marshall were also escorted to various events in this automobile.

Gooding & Company is also showcasing a one-of-a-kind 1941 Lincoln Continental Coupe whose former owner and designer, Raymond Loewy, is arguably the most famous and prolific American industrial designer of the twentieth century. Loewy was responsible for creating, among many other consumer products, the iconic Coca-Cola bottle and created his own personal version of the 1941 Lincoln Continental. His unique designs are still visible in this extraordinary car today.

Gooding & Company Scottsdale Auction catalogs are available for $75 and admit two to the viewing and the auction. General admission to the viewing and the auction can be purchased at the site for the price of $30 per person. Bidder registration forms, press credentials and additional auction information are available on www.goodingco.com.

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