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Jay Leno to Oversee Auction of Record-Setting Porsche Carrera GT Donated by Porsche Cars North America

To Benefit Children Affected by Gulf Coast Hurricanes

ATLANTA and LOS ANGELES, Nov. 2 -- To benefit victims of the Gulf Coast hurricanes, NBC's "The Tonight Show" host and speed record setting Jay Leno will oversee the auction of a one-of-a-kind Porsche Carrera GT in conjunction with Christie's, Porsche Cars North America, and the Petersen Automotive Museum. The event will be held on Friday, November 18, 2005 at 7:00 p.m. at the Petersen Automotive Museum in Los Angeles.

  

The auction is being conducted to benefit Save the Children and proceeds will be used to help children affected by hurricanes Katrina and Rita. For more information about the event, please contact Neal Wilder, (404) 495-4512, neal@creaxion.com or Jonathan Barnes, (404) 495-4444, jonathan@creaxion.com.

"I'm increasingly humbled by the courage I see in the faces and actions of the children who have lived through the hurricanes," said Leno. "My hope is that the money we raise through the auction will help these kids realize that they are not alone and will also give them some sort of sense of normality in a world that has been turned upside down."

The Record-Setting Carrera GT

Leno and race driver David Donohue made history in the Porsche Carrera GT, the featured auction item, over the Labor Day holiday last September, just as the devastation caused by Hurricane Katrina was coming into focus.

The pair set a series of Grand American speed records in the car at Talladega Superspeedway. Donohue set three flying speed records in the production category with the Carrera GT, including a closed-course speed record for the 2.66-mile track of 196.301 mph. He also set records for the measured mile, 198.971 mph and the measured kilometer, 195.755 mph. Leno set three standing-start speed records in the same car, the fastest being 156.603 miles per hour over the closed course. Flying records are recorded from a rolling start, while standing speed records are recorded from a complete stop. At the conclusion of the event, Porsche made the decision to donate the car for an auction to help the victims of the hurricane, and Leno committed his support.

Synonymous with racing success and truly formidable sports cars, the current range-topping Supercar; the Carrera GT is a continuation of the rich heritage the German marque proudly continues to evolve. The 2005 Porsche Carrera GT used for the record is Porsche's ultimate in road-legal sports car. Built from ultra light but ultra strong carbon fiber, aluminum, magnesium and high-strength steel, the limited-production Porsche Carrera GT draws its energy from a mid-mounted, 5.7-liter V10 engine that generates 605 (SAE) horsepower. Like the engine, its suspension, ceramic brakes and ceramic composite clutch are all derived from Porsche's racing experience. Porsche has delivered some 500 Carrera GTs to enthusiasts in North America.

The car was produced at the Porsche factory in Leipzig, Germany and was upgraded with safety equipment only, including a five-point racing harness and Michelin Pilot tires designed to handle the additional loads generated by the car in the severe banking at Talladega. The track was chosen because it is ideal for sustaining high-speed laps. Four lanes wide and 2.66 miles long, it is banked 33 degrees on each end, with 18-degree banking in the tri-oval. The backstretch is nearly 4,000 feet long. Also at Talladega, Mark Donohue, David's father, set a closed-course record for racing cars driving a Porsche 917/30 to a speed of 221.120 mph on August 9, 1975, just 10 days before he died while practicing for the Austrian Formula One Grand Prix. The 917, prized by collectors today, was one of the most successful racing machines of its time, having captured the SCCA CanAm championship two years in a row.

Porsche Cars North America, Inc. (PCNA), based in Atlanta, Ga., and its subsidiary, Porsche Cars Canada, Ltd., are the exclusive importers of Porsche sports cars and Cayenne sport utility vehicles for the United States and Canada. A wholly owned, indirect subsidiary of Dr. Ing. h.c.F. Porsche AG, PCNA employs approximately 300 people who provide Porsche vehicles, parts, service, marketing and training for its 210 U.S. and Canadian dealers. They, in turn, provide Porsche owners with best-in-class service.

Christie's is the longest continuous name in the collectors car market, having held auctions devoted solely to motor cars since 1972. Christie's remains the choice of the individual who wishes to sell a unique and rare motor car or collection. The Department consists of eight specialists -- based in London, Brussels, New York and California -- who are devoted to a wide network of sales sites that stretch from Monterey to Paris and provide a range of appraisals and evaluations.