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1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding's Pebble Beach auction

Drew Phillips — Mon, 22 Aug 2011 13:30:00 EST

Filed under: Classics, Auctions, Ferrari

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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Monterey 2010: Gooding smashes records at Pebble Beach auction

Drew Phillips — Tue, 17 Aug 2010 18:58:00 EST

Filed under: Classics, Auctions

2010 Gooding Pebble Beach Auction - Click above for high-res image gallery

We witnessed several million-dollar cars go up for sale at RM's auction on Saturday night, but across town, the Gooding & Company auction had even more impressive metal crossing the block. Gooding's two night auction resulted in more than $64 million in sales, including six world records. "We went into this year's Pebble Beach Auctions with high expectations because of the sheer number of extraordinary cars we had consigned," said David Gooding, President and founder of Gooding & Company. "Our highest-ever Pebble Beach weekend results at $64.59 Million speak for themselves and I couldn't be happier."

The record-setting cars auctioned off by Gooding:

1959 Ferrari 250 GT LWB California Spider Competizione at $7,260,000
1933 Alfa Romeo 8C 2300 Monza at $6,710,000
1961 Ferrari 250 GT SWB Berlinetta SEFAC Hot Rod at $6,105,000
1956 Maserati 200SI at $2,640,000
1951 Ferrari 340 America Spider at $2,530,000
1937 Jaguar SS100 at $1,045,000

In addition, several other cars topped the million dollar mark including a 1995 McLaren F1 at $3,575,000, a 1928 Mercedes-Benz S 26/180 Boattail Speedster at $3,740,000 and a 1966 Ford GT40 Mk I at $1,650,000.

Gallery: 2010 Gooding Pebble Beach Auction

[Source: Gooding & Company]

Monterey 2010: Gooding smashes records at Pebble Beach auction originally appeared on Autoblog on Tue, 17 Aug 2010 18:58:00 EST. Please see our terms for use of feeds.

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Monterey 2009: Gooding & Company breaks $50 million in sales at Pebble Beach auction

Drew Phillips — Thu, 20 Aug 2009 16:40:00 EST

Filed under: Classics, Auctions, Misc. Auto Shows

2009 Gooding & Company Pebble Beach Auction - Click above for high-res image gallery

When it comes to auctions during the Monterey car week, the best is saved for last. Held in conjunction with the Pebble Beach Concours, the auction house Gooding & Company offered up an incredible selection of cars on both Saturday and Sunday night. By the time the last lot had crossed the block, two cars had sold for over $4 million including a 1933 Alfa Romeo 8C 2300 Drop Head Coupe that went for $4,180,000 and a 1962 Ferrari 250 GT SWB California Spider that commanded $5,115,000.

Seven other cars passed the seven figure mark, including a 1935 Duesenberg Model SJ Roadster ($3,000,000), a 1958 Ferrari 250 GT LWB California Spider ($2,750,000), and a very unique 1938 Bugatti Type 57C Special Coupe ($1,375,00) previously owned by Ettore Bugatti himself. More details about the auction can be found in the press release after the jump, and you can view complete auction results on Gooding's web site.

Gallery: 2009 Gooding & Company Pebble Beach Auction

Photos copyright (C)2009 Drew Phillips / Weblogs, Inc.
[Source: Gooding & Company]

Continue reading Monterey 2009: Gooding & Company breaks $50 million in sales at Pebble Beach auction

Monterey 2009: Gooding & Company breaks $50 million in sales at Pebble Beach auction originally appeared on Autoblog on Thu, 20 Aug 2009 16:40:00 EST. Please see our terms for use of feeds.

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