Cars
1957 Ferrari Testa Rossa Sets New Auction World Record at €9.02 Million
As predicted, the legendary pontoon-fender 1957 Ferrari 250 Testa Rossa set a new world record on Sunday at the third annual Ferrari Leggenda e Passione event as RM Auctions, in association with Sotheby's managed to sell the historic Prancing Horse model for an astonishing €9,020,000 or with the current exchange rates, US$12.2 million. The most expensive motor car ever to be sold at an auction fetched €1,980,000 more than the previous auction world record which was set at the same sale last year.
"The historical significance of this car attracted a bidding war as collectors from around the world - both in the room and on the telephone – competed to secure one of the most alluring and iconic of all Ferrari racing cars," said Max Girardo, Managing Director of RM Europe.
The Scaglietti-designed 'pontoon-fender' 250 Testa Rossa was produced from 1957 to 1958 during which only a mere 22 examples were built. The Ferrari 250 TRs participated in 19 international championship races from 1958 through 1961 taking first place in ten of them. The specific 250 TR with chassis no. 0714TR, took part in many important races including the 1000 km Buenos Aires in January 1958.
-
Le Mans-winning Ferrari 275 Gtb Competizione Sold For $9.4 Million
The Le Mans-winning 1966 Ferrari 275 GTB Competizione changed hands for $9,405,000 (about €8.12 million) at the recent Bonhams auction in Scottsdale, Arizona, setting a new world auction record for the model. Read more »...
-
1957 Ferrari 250 Testa Rossa Becomes Uk’s Most Expensive Car At £24 Million
To say that classic Ferraris are very expensive is obviously an understatement, and this latest transaction from the UK involving a wonderful piece of history from Maranello clearly proves it. A 1957 Ferrari 250 Testa Rossa (chassis 0704 TR) has become...
-
1961 Ferrari 250 Gt Swb Sold For A Record Breaking $10,976,000
A new world record for the most expensive car sold was set on Sunday May 18th, when RM Auctions, in association with Sotheby’s, managed to auction a 1961 Ferrari 250 GT SWB California Spyder for a mind blowing $10,976,000 or €7,040,000 (exchange...
-
Ultra Rare Ferrari 250 California Spyders For Sale
At the second annual “Ferrari Leggenda e Passione†auction event that will be held on May 18, 2008 in Milan, Italy, RM Auctions in association with Sotheby will attempt to sell a pair of ultra-rare Ferrari 250 California Spyders. Regarded...
-
The Most Expensive Cars Of 2007 – The Lamborghini Reventon Isn’t One Of Them...
Yes that’s right; the €1 million (approx $1.48 million with the current exchange rate) Lamborghini Reventon didn’t even come close to making it in Business Week’s list of the 15 most expensive cars sold in 2007. Heck, the least...
Cars