David Gooding began Gooding & Company in 2003, after serving as managing director of the International Motor Sports department at Christie’s and President of RM Auctions.[3] The company held its inaugural sale at Pebble Beach in 2004.[4] Gooding & Company serves as the official auction house of the Pebble Beach Concours d'Elegance; the weekend’s auctions are pivotal to the global collector car market, revealing trends in pricing and taste.[5] Since its inception, the company has broken numerous world records for cars at auction.[6]
British auction house Christie's agreed to acquire Gooding & Company in 2024.[7]
Notable auctions
To date, Gooding & Company has sold the most expensive car at auction in 2023 with the sale of its 1962 Ferrari 250 GT SWB California Spider at its Amelia Island Auctions this March. The California Spider sold for over 18 million dollars.[8]
After the live auction world's hiatus caused by the COVID-19 pandemic, Gooding & Company made headlines by selling the top two cars at auction in 2021 at its Pebble Beach Auctions: the 1995 McLaren F1, sold for over 20 million dollars, and the 1959 Ferrari 250 GT LWB California Spider Competizione, sold for over 10 million USD.[9]
On 5 September 2020 a Bugatti T59, built in 1934, was auctioned for a record 8,5 million pound by Gooding & Company. The car had been used by the Bugatti racing team in 1934-1935 and being driven by René Dreyfus it won the Belgian Grand Prix in 1934. It was later rebuilt as a sportscar by Bugatti and sold to King Leopold III of Belgium.[10]
In August 2018, Gooding & Company set new records for the most expensive Duesenberg, the most expensive prewar car, and the most expensive American car at their Pebble Beach Auctions. The car to establish these new records was the ex-Gary Cooper 1935 Duesenberg SSJ.[11]
In May 2010, Gooding & Company handled the private sale of a 1936 Bugatti 57SC Atlantic for more than 30 million dollars, at the time the highest price ever paid for a car.[12]
References
↑“Around the block”. (March/April 2012). Sophisticated Living, p. 50.
↑de Burton, Simon (August 8, 2009). “Classic cars in pole position”. Financial Times.
↑Stiny, Andy (August 14, 2013). “More than just talk”. Monterey Herald.
↑Hirsch, Jerry (April 8, 2012). “David Gooding is a whiz at selling classic cars”. Los Angeles Times. Retrieved from: .
↑Elliott, Hanna (October, 2011). “At Pebble Beach: Auto auction off the charts”. Forbes Magazine, p. 81.
This page is based on this Wikipedia article Text is available under the CC BY-SA 4.0 license; additional terms may apply. Images, videos and audio are available under their respective licenses.
