RM Sotheby’s Sells 1962 Ferrari for $51.7 Million USD

Becoming the most expensive Ferrari sold at auction.

Automotive
3.5K 0   Comments
Prefer Hypebeast on Google
Save

RM Sotheby’s is no stranger to offering up some of the world’s most coveted vehicles – spanning vintage, luxury, limited-edition and supercar models. Now the collector car auction company has sold a 1962 Ferrari 330 LM/250 GTO, chassis 3765 for a whopping $51.7 million USD.

The impressive figure makes it the most valuable Ferrari ever sold at auction and the second-highest sell price for a car at auction. The vehicle hit the sales floor as a part of Sotheby’s New York sales of Contemporary and Modern Art. The car, which has been in private ownership by a chairman of the Ferrari Club of America for almost four decades, has now become a major part of automotive history.

Additionally, the Ferrari was the only GTO Tipo 1962 raced by Ferrari’s racing division, Scuderia Ferrari. Some of its racing highlights include a class win, runner-up at the 1965 Sicilian Hillclimb Championship and finishing second at the 1962 Nürburgring 1000 KM – piloted by Mike Parkes and Lorenzo Bandini.

The car appears in Ferrari’s signature red shade with a white and black number seven decal on the side, hood and rear. Take a closer look at the history-making car in the gallery above.

In other news, RM Sotheby’s is set to auction off a rare Mercedes-AMG GT Black Series Project One edition. 

Read Full Article

What to Read Next

Ultra-Rare and Low-Mileage 1985 Ferrari 288 GTO Expected to Fetch Up to $11 Million USD at RM Sotheby’s
Automotive

Ultra-Rare and Low-Mileage 1985 Ferrari 288 GTO Expected to Fetch Up to $11 Million USD at RM Sotheby’s

With under 1,000 miles on the odometer, the marque’s debut halo car heads to auction during Monterey Car Week.

Sotheby's Is Selling One of Only Three Known Nanotyrannus Skeletons for Up to $9 Million USD
Art

Sotheby's Is Selling One of Only Three Known Nanotyrannus Skeletons for Up to $9 Million USD

Jodi measures 19.6 feet long and features a near-complete skull with 35 teeth, all four claws, and a complete pelvis.
5 Sources

Claude Monet's "Iris" Sells for Record-Breaking $56.2 Million USD at Sotheby's Paris
Art

Claude Monet's "Iris" Sells for Record-Breaking $56.2 Million USD at Sotheby's Paris

The masterwork led the historic Jeanne Schlumberger collection to become the most expensive artwork ever auctioned in France.


Kobe Bryant's Game-Worn High School Jersey Sells for Record $2.2 Million USD at Sotheby's
Sports

Kobe Bryant's Game-Worn High School Jersey Sells for Record $2.2 Million USD at Sotheby's

The Lower Merion uniform sets an all-time high for a high school basketball jersey, surpassing LeBron James’ previous benchmark.

Stone Island Readies "Nylon Metal" Outerwear Capsule
Fashion

Stone Island Readies "Nylon Metal" Outerwear Capsule

Featuring down-filled bombers, insulated anoraks and more.

Cardi B and Offset Are "Offshark" and "Sharki B" in 'Baby Shark's Big Movie'
Entertainment

Cardi B and Offset Are "Offshark" and "Sharki B" in 'Baby Shark's Big Movie'

With K-pop band ENHYPEN appearing as a “band of belugas” as well.

Shygirl Drops “thicc,” First New Song Since ‘Nymph’ LP
Music

Shygirl Drops “thicc,” First New Song Since ‘Nymph’ LP

Featuring Cosha, alongside production from Karma Kid and Sega Bodega.

Almine Rech Celebrates ‘The Echo of Picasso’ in New Group Exhibition
Art

Almine Rech Celebrates ‘The Echo of Picasso’ in New Group Exhibition

Featuring Claire Tabouret, Urs Fischer, David Hockney, and more.

Karlie Kloss To Acquire i-D Magazine
Fashion

Karlie Kloss To Acquire i-D Magazine

From model to investor turned CEO. 

norda Upgrades Its 001 G+ Trail Running Sneaker for the Winter Season
Footwear

norda Upgrades Its 001 G+ Trail Running Sneaker for the Winter Season

A ruggedized version of the “all weather” running shoe.


Rolex Prices Fall to Two-Year Low on Secondary Market
Watches

Rolex Prices Fall to Two-Year Low on Secondary Market

Demand for used high-end timepieces continues to fall as supply in the market climbs.

PUMA Hoops Unveils Nostalgic PUMA x 'Gremlins' Collection
Footwear

PUMA Hoops Unveils Nostalgic PUMA x 'Gremlins' Collection

Led by a mismatched pair of ‘Gremlins’ x PUMA All-Pro NITROs.

'Inverted Jenny' Stamp Fetches $2 Million USD at Auction
Art

'Inverted Jenny' Stamp Fetches $2 Million USD at Auction

Breaking the record for a single U.S. stamp sold at auction.

Inside Look at DMC: An Unsung Hero In the World of Exotic Automotive Tuning
Automotive

Inside Look at DMC: An Unsung Hero In the World of Exotic Automotive Tuning

With insights on the process and what drives clients to modify their already exquisite vehicles.

Lil Wayne and 2 Chainz Drop off 'Welcome 2 ColleGrove' Trailer – Narrated by 50 Cent
Music

Lil Wayne and 2 Chainz Drop off 'Welcome 2 ColleGrove' Trailer – Narrated by 50 Cent

Also revealing the project’s first four tracks, complete with a 21 Savage feature.

Nothing is Bringing iMessage to Android
Tech & Gadgets

Nothing is Bringing iMessage to Android

Well, sort of.

More ▾