October 23, 2003

SPEED Channel to increase live coverage of Barrett-Jackson auction

Scottsdale, Arizona – Barrett-Jackson Classic Car Auction, and SPEED Channel, the
fastest growing sports cable network, announced that the live television coverage of
the January 2004 Barrett-Jackson Scottsdale Auction will be expanded to 15 hours of
live broadcast over three days, up from the 10 hours of coverage of the past two
years. The agreement between Barrett-Jackson and SPEED for television coverage of
the Scottsdale auction has also been extended through the 2008.

The live broadcast of Barrett-Jackson’s Scottsdale classic car auction is scheduled
for three hours on Thursday, January 22, six hours of consecutive coverage on
Friday, January 23, and a second six hours on Saturday, January 24, 2004.

“Each year we receive tremendous feedback from the auction coverage on SPEED Channel
and are extremely pleased with the extended coverage of our 2004 Scottsdale
auction.” said Craig H. Jackson, president of Barrett-Jackson Auction Company. “Cars
that cross the auction block during the live SPEED Channel coverage have
consistently achieved prices higher than market expectations. Some of our consignors
wait all year to sell their cars during this time. The bidding activity around the
cars becomes fast and suspenseful

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