- A 2006 Ferrari FXX Evoluzione garnered a record-breaking $2.1 million at the Gooding & Company auction.
- The Ferrari was part of an impressive collection of Italian sports cars from the private estate of Benny Caiola.
- A 1953 Fiat 8V Supersonic, one of 15 8V Supersonics built, snagged the second highest price at this auction at $1.7 million.
SCOTTSDALE, Arizona — A 2006 Ferrari FXX Evoluzione — just five years old and one of only 30 examples built — sold for $2.1 million at the Gooding & Company auction here over the weekend. The auction house described it as a "world record."
The 860-horsepower Ferrari, which was the top seller at the auction, was part of an impressive collection of Italian sports cars from the private estate of Benny Caiola, an Italian immigrant and former plasterer turned New York real-estate mogul.
A 1953 Fiat 8V Supersonic, one of 15 8V Supersonics built, snagged the second highest price at this auction at $1.7 million. The number three selling car was a 1930 Duesenberg Model J Dual Cowl with barrelside coachwork that sold for $1.5 million.
"Strong 2011 auction sales will result from an increasing demand for preservation-class quality cars," said David Gooding, president and founder of Gooding & Company. He cited the Fiat 8V Supersonic and a 1962 Mercedes-Benz 300 SL Roadster that sold for $951,500 at Saturday's auction as examples of that trend.
Gooding & Company, in a statement issued on Monday, crowed that eight of its cars at this auction sold for more than $1 million each.
Inside Line says: We seem to be shaking off the Great Recession, if the rich are opening up their wallets again. — Anita Lienert, Correspondent

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sarahpalin says:
11:50 AM, 01/25/2011
So this is what the rich used their tax cuts for?! Where are the jobs they were going to "create"?