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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

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The last several years have seen classic Ferraris sell at auction for record-breaking prices including a 1961 Ferrari California Spyder that sold for over $10 million in 2008 and a 1957 Ferrari 250 TR that fetched more than $12 million in 2009. While those numbers seem astounding, they could be surpassed next month with auction house Gooding & Company offering up one of the most significant Ferrari race cars of all time, the 1957 250 TR prototype.

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