22.01.2011 RECORDS FALL AS FERRARI FXX BREAK TWO MILLION DOLLAR BARRIER AT AUCTION

FERRARI FXX EVOLUZIONE

Ferrari's dramatic 'track only' FXX sports car rarely comes to public auction but an example from the Caiola collection went across the block at Gooding & Co's Scottsdale auction yesterday and it emerged as the highest seller of the day at $2.09 million, a world record for this car, one of three world records set yesterday.

Ferrari's dramatic 'track only' FXX sports car rarely comes to public auction but an example from the Caiola collection went across the block at Gooding & Co's Scottsdale auction yesterday and it emerged as the highest seller of the day at $2.09 million, a world record for this car, one of three world records set yesterday.

Gooding & Company's Friday presentation included the Caiola collection of 11 Ferrari supercars and modern prototypes which, as well as the FXX (which was in "Evoluzione" specification), included cars such as the F40, F50 and 430 Scuderia, that collectively sold for $5,225 million.

Celebrated for selling the most valuable car of Scottsdale Auction Week three years in a row, Gooding & Company continues to deliver top results to its international audience of collectors and enthusiasts gathered in Arizona this week. Market-leading results from yesterday's opening one of its annual two-day Scottsdale Auction achieved more than $14.2 million in final sales. Of the 58 cars that crossed Gooding & Company's stage, 50 sold resulting in a strong sell-through rate of 86 percent.

"Scottsdale's sunshine cast a warm glow over the Valley this week but the real heat emanated from our auction with a fantastic crowd turnout and more than $14 Million in sales," said President and founder David Gooding. "Collectors and enthusiasts will not want to miss the excitement tomorrow, when highlights such as our 'barn find' 1948 Tucker and Fiat 8V Supersonic are presented."

Lot 58, the 2006 Ferrari FXX Evoluzione was the days top seller, double price of the next best selling car, lot 23, a 1964 Porsche 904 Carrera GTS which fetched $1,045 million. Next up was another Italian classic, lot 47, a 1971 Lamborghini Miura P400 SV which came in at $990,000. The top-five highest sellers was completed lot 19, a 1956 Mercedes-Benz 300 SL Gullwing at $858,000, and lot 56, a 1995 Ferrari F50 from the Caiola collection which found a buyer at $814,000. On a vintage note, several significant and highly-original cars from the 1950s and 60s sold very well, including a 1956 Mercedes-Benz 300 SL Gullwing that sold for $858,000, a 1965 Ferrari 275 GTB that sold for $797,500, and an unrestored 1964 Shelby 289 Cobra that sold for $610,500.

Enthusiasts can look forward to the continuation of Gooding & Company's Scottsdale Auctions today when 71 world-class collector cars will be presented from 11 a.m. Highlights include the stunning 1930 Duesenberg Dual Cowl Phaeton (Lot 111), the time capsule 1962 Mercedes-Benz 300 SL Roadster (Lot 126), the lost 1948 Tucker No. 1010 (Lot 128), a 1941 Chrysler Newport Dual Cowl Phaeton (Lot 133), a 1956 Nash Rambler "Palm Beach" Coupe Speciale (Lot 143) and a 1953 Fiat 8V Supersonic (Lot 157).
 

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