Ferrari 250 Lm
The 25 vehicles in RM Sotheby's Pinnacle Portfolio collection were all special, but at the end of the night four Ferraris were among the auctions top five sellers. The only one to break the Prancing Horse's lead was a very rare examples of the McLaren F1.
RM Auctions moves $63.7 million worth of metal, including a 1964 Ferrari 250 LM that set the record for the highest ever paid at the Arizona event at $9.6 million.
Some of the biggest auto auctions of the year are held during the weekend of the Pebble Beach Concours d'Elegance. Millionaires gather in hopes of outbidding their contemporaries for incredibly rare cars. As Bonhams' record sale on Thursday of a 1962 Ferrari 250 GTO for $38 million showed, these days the world's most expensive vehicles are f