Auctioneers Gooding & Company made 
						history over the weekend at the Pebble Beach Concours 
						d'Elegance by selling the unique 1957 Ferrari 250 Testa 
						Rossa Prototype for an outstanding world record price of 
						$16.39 million.
						Recognised for its 
						historical significance and design, the auction of the 
						Scaglietti-bodied, pontoon-fendered 
						250 Testa Rossa Prototype 
						mesmerised thousands of people in the Pebble Beach 
						auction room as well as around the world via Gooding & 
						Company's live webcast.
						Energized with 
						excitement after the Testa Rossa arrived on stage with a 
						thunderous engine growl, the crowd cheered when 
						Auctioneer Charlie Ross accepted the commanding first 
						bid of $10 million. As the audience watched in 
						amazement, both Charlie Ross and David Gooding 
						entertained the steadily-escalating bids that soared 
						past major benchmarks of $12 million, $13 million and 
						$14 million. When the gavel finally dropped, there was a 
						roar of enthusiasm confirming Gooding & Company's 
						outstanding $16.39 million world record achievement.
						In fact six of the ten 
						top bids accepted in Gooding & Co's Saturday night sale were all 
						for historic Ferrari models. After the 250 Testa Rossa 
						Prototype ($16,390,000) topped the bidding came a 250 GT LWB California 
						($3,355,000). The fourth highest price went to a 375 
						Vignale Coupa ($2,200,000) while in sixth place was a 
						365 GTS/4 Daytona Spider ($1,025,000). That was followed 
						by a 275 GTB (1,001,000) while in eighth place was a 195 
						Inter Berlinetta ($990,000). Also making the top ten 
						lots, in equal eighth place, was a Fiat "Scuderia 
						Ferrari" factory team transporter which fetched 
						$990,000.
						Collectors interest in 
						historic Ferraris at this year's Pebble Beach Concours 
						d'Elegance was set to continue into the second night of 
						Gooding & Co's sales, taking place on Sunday night, with 
						two more famous Maranello sports cars readying 
						themselves for the limelight: An all-original 1966 
						Ferrari 275 GTB Alloy Long Nose (lot no. 113) and a 
						preservation class 1957 Ferrari 410 Superamerica Series 
						II Coupe (lot no. 135) were both expected to attract 
						much attention.