Filed under: Classics, Auctions, Ferrari
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Prices for vintage Ferraris have escalated the last few years, with the more expensive models breaking records for the price of a car sold at auction. A 1961 Ferrari California Spyder sold for more than $10 million in 2008, and a 1957 Ferrari 250 TR went for more than $12 million in 2009. When auction house Gooding announced that it would be selling the recently restored 1957 Ferrari 250 TR prototype at this past weekend’s Pebble Beach sale, we had a feeling that the record would be broken once again.
Our hunch was correct, as a final bid of $14.9 million was offered for the car at Friday night’s auction. Taking into account Gooding’s ten percent selling fee, the final price rang in at an astounding $16.39 million.
In addition to the 250 TR, Gooding sold six additional cars over the million dollar mark including a 1959 Ferrari 250 GT LWB California ($3.355 million), a 1963 Shelby Cobra 289 Factory Team Car ($2.285 million) and a 1953 Ferrari 375 Vignale Coupe ($2.2 million). You can read more about the record-breaking auction in Gooding’s press release after the jump.Continue reading 1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding’s Pebble Beach auction
1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding’s Pebble Beach auction originally appeared on Autoblog on Mon, 22 Aug 2011 13:30:00 EST. Please see our terms for use of feeds.
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