On this day in Elvis Presley History - Oct. 17, 1966 In Memphis, Tennessee, Metro-Goldwyn-Mayer premiers the film, Spinout, a musical comedy starring Elvis Presley. In the UK it was called California Holiday. Although it received mixed reviews, Presley was paid $750,000 plus 40% of the profits for his efforts. The racing scenes were shot at Paramount Ranch Raceway. The script was written by Theodore Flicker and George Kirgo. They originally pitched the idea of a film based on Presley's life, but