Ferrari Financial Services Signs on for Three Years as the Exclusive Financial Services Provider for Gooding & Company

February 7, 2012 by Ferrari / Gooding & Company

Gooding & Company, the acclaimed auction house celebrated for selling the world's most significant and valuable collector cars, is pleased to announce that it has just signed an exclusive, three-year agreement with Ferrari Financial Services, the iconic brand's captive finance company. Ferrari Financial Services offers a personalized finance program designed to purchase or lease all types of Ferraris. The new agreement is an official continuation of Ferrari Financial Services' presence at Gooding & Company's auctions, which started in August 2011 at the Pebble Beach Auctions and continued through the recent 2012 Scottsdale Auctions. Gooding & Company's next auction will take place in Amelia Island, Florida on Friday, March 9th.

'We're delighted to work with Ferrari Financial Services in their first significant marketing alignment,' says David Gooding, president and founder of Gooding & Company. 'Our passion for great cars and connection with the collecting community is at the heart of everything we do at Gooding & Company and we share this same foundation with Ferrari Financial Services.'

Gooding & Company recognizes the expertise and resources that Ferrari Financial Services offers, especially for vintage collectors with its specialized FerrariSelect program, and is pleased to recommend the Italian marque's finance company as an expert resource to both auction and private treaty clientele. As part of the relationship, Ferrari Financial Services representatives will continue to be available on-site at Gooding & Company's auctions to assist clients with inquiries and financing opportunities.

'As Ferrari Financial Services continues to grow its vintage financing business, this opportunity is a great fit,' says Tom Vitale, vice president and general manager of Ferrari Financial Services. 'Both Gooding & Company and Ferrari Financial Services are passionate about collectible vehicles and the history of Ferrari. This synergy will surely benefit our mutual clients. We are very excited to begin this new chapter of the Ferrari Financial Services story with Gooding & Company playing an important role.'

About Gooding & Company

Gooding & Company, internationally celebrated for its world-class automotive auctions, provides unparalleled service in the collector car market, offering a wide range of services including private and estate sales, appraisals and collection management. In the past two years, Gooding & Company has realized the most prestigious automotive records in the world for a Car Sold at Auction with the iconic 1957 Ferrari 250 Testa Rossa Prototype at $16.39 million, an American Car at Auction with the 1931 Whittell Coupe Duesenberg Model J at $10.34 million, and the undisclosed private treaty sale of the world's Most Valuable Car with the 1936 Bugatti Type 57SC Atlantic. The auction house ignited 2012 achieving extraordinary results at its annual Scottsdale Auctions in January with more than $39.8 million in sales and 98% sold.

Preceding each auction, a complete catalogue is made available online at www.goodingco.com and a virtual auction guide is published via Gooding & Company's IAC award-winning iPhone and iPad app. For additional vehicle information and up-to-the-minute results, follow Gooding & Company on Facebook and Twitter @GoodingCompany. Renowned for its annual standing as the official auction house for the Pebble Beach Concours d'Elegance, Gooding & Company will return to Pebble Beach, California on August 18 & 19, 2012.

About Ferrari Financial Services

Ferrari Financial Services is the captive finance company of Ferrari of North America, supporting the 35 authorized Ferrari dealerships in the United States. Ferrari Financial Services recently introduced FerrariDirect and FerrariSelect, exclusive direct-to-consumer financing programs designed for vintage and collectible Ferraris. For additional information on FerrariDirect and FerrariSelect, contact Ferrari Financial Services at (201) 510-2500.