Ferrari freaks save your lunch money!!! Update: Sold for Record $12.2 Million
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Ferrari freaks save your lunch money!!! Update: Sold for Record $12.2 Million
Rare Ferrari 250 TR expected to break records at RM's Maranello auction
by Drew Phillips Feb 6th, 2009 at 4:39PM
Filed under: Motorsports, Time Warp, Auction Action, Supercars, Ferrari
Click on the image above for a high-res gallery of the 1957 Ferrari 250 TR
With its stunning pontoon-fendered bodywork sculpted by Scaglietti, the Ferrari 250 TR is not only one of the most beautiful cars ever built, it was one of the most competitive as well. Ferrari captured ten victories in nineteen races from 1958 to 1961, including a class win at Le Mans with Phil Hill and Olivier Gendebien.
It's rare to see one offered for sale, and it is a guarantee that a massive sum of money will exchange hands when one comes on the market. Those high-end car collectors who remain unaffected by economic woes will have the chance to part with such funds this coming May when a 1957 Ferrari 250 TR, chassis #0714TR, crosses the block at RM Auctions' Ferrari Leggenda E Passione sale in Maranello. This particular example was campaigned extensively from 1958 to 1963 and is painted in its period-correct black paint with a red nose. RM expects the 250 TR to set a new world record for a car sold at auction, potentially exceeding the $21.7 million it took to buy a 250 GTO last year. More details on the sale in the press release from RM after the break.
I thought we were in a major economic downfall
by Drew Phillips Feb 6th, 2009 at 4:39PM
Filed under: Motorsports, Time Warp, Auction Action, Supercars, Ferrari
Click on the image above for a high-res gallery of the 1957 Ferrari 250 TR
With its stunning pontoon-fendered bodywork sculpted by Scaglietti, the Ferrari 250 TR is not only one of the most beautiful cars ever built, it was one of the most competitive as well. Ferrari captured ten victories in nineteen races from 1958 to 1961, including a class win at Le Mans with Phil Hill and Olivier Gendebien.
It's rare to see one offered for sale, and it is a guarantee that a massive sum of money will exchange hands when one comes on the market. Those high-end car collectors who remain unaffected by economic woes will have the chance to part with such funds this coming May when a 1957 Ferrari 250 TR, chassis #0714TR, crosses the block at RM Auctions' Ferrari Leggenda E Passione sale in Maranello. This particular example was campaigned extensively from 1958 to 1963 and is painted in its period-correct black paint with a red nose. RM expects the 250 TR to set a new world record for a car sold at auction, potentially exceeding the $21.7 million it took to buy a 250 GTO last year. More details on the sale in the press release from RM after the break.
I thought we were in a major economic downfall
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#5
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I keep thinking of Ferris Buellers day off. Can you imagine kicking a 21 million dollar car and make it drive over a cliff and fall 50 feet. My teen would get a beat down. No time out. Knocked out
Last edited by I8ABMR; 02-07-09 at 08:48 PM.
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Sold! 1957 Ferrari 250 Testa Rossa Commands a Record $12.2 Million at Auction
This 1957 Ferrari 250TR, a legend among legends, set a new sales record in the midst of a recession.
The "pontoon fender" Testa Rossa sold for more than $12 million.
MARANELLO, Italy — The most expensive car ever sold at auction? That record now belongs to a Scaglietti-bodied 1957 Ferrari 250 Testa Rossa, which sold last weekend for $12.2 million at the annual Ferrari Leggenda e Passione event here.
The so-called "pontoon fender" Testa Rossa is one of only 22 examples that were built in Maranello in 1957-'58. The Ferrari 250TR won 10 of 19 races that it entered from 1958 through 1961.
The sale was conducted by RM Auctions, in association with Sotheby's.
The sale of the 250TR shattered the previous mark set at last year's event by a 1961 Ferrari 250 GT California, which was hammered down for $11 million.
Inside Line says: What recession? — Paul Lienert, Correspondent
The so-called "pontoon fender" Testa Rossa is one of only 22 examples that were built in Maranello in 1957-'58. The Ferrari 250TR won 10 of 19 races that it entered from 1958 through 1961.
The sale was conducted by RM Auctions, in association with Sotheby's.
The sale of the 250TR shattered the previous mark set at last year's event by a 1961 Ferrari 250 GT California, which was hammered down for $11 million.
Inside Line says: What recession? — Paul Lienert, Correspondent
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